Kiloex, the decentralized exchange (Dex) hit by a $ 7 million attack earlier this month, has revealed its resolution plans for affected users.
Users whose positions remain open during the platform suspension will be paid for the difference in increasing losses or reduced income, Kiloex said on Thursday.
The compensation will only be calculated to the point that the platform will continue, so users are advised to close their positions as soon as possible.
Kiloex attacker, using a purse funded by crypto laundering service Tornado Cash, appeared to take advantage of a weakness In the Oracle price system of the platform.
