KiloEx, a decentralized exchange (DEX), has announced a 10% white hat bounty of $750,000 for the hacker who exploited its platform, stealing $7.5 million in crypto. The incident occurred on April 14 when attackers exploited a price oracle vulnerability, resulting in the theft of significant amounts of various tokens. In response, KiloEx has suspended its DEX and is closely monitoring wallet addresses associated with the hackers. The company emphasized that if the hacker returns 90% of the stolen assets, they will treat the incident as a white hat exploit. KiloEx is prepared to freeze the stolen funds and has stated that it will pursue legal action to expose the hacker's identity if their offer is declined. They are working with law enforcement and cybersecurity firms to investigate the matter further. The DEX has indicated that it will publicly acknowledge and resolve the situation without further action if the hacker cooperates and contacts them regarding the bounty offer.

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