How Did Binance Respond to the Cyber Threat?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 02 2025

KILO-0.35999998%

CYBER+0.192%

BNB-1.651%

Should l Buy KILO?

Binance's Response to Cyber Threat: Following a significant cyberattack on KiloEx that resulted in a $7.5 million theft, Binance played a crucial role in recovering $6.1 million by utilizing its security systems and collaborating with law enforcement and cybersecurity experts.
KiloEx's Damage Control Measures: In response to the breach, KiloEx has temporarily halted operations to enhance security protocols and is developing a compensation scheme for affected users, while investigations revealed vulnerabilities in its price oracle mechanism that facilitated unauthorized transactions.

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Technical Analysis for KILO

Technical Sentiment Analysis for KiloEx (KILO) As of , KiloEx (KILO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for KILO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, KILO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

KiloEx (KILO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00715	0.00762	0.00798	0.00845	0.00881	0.00928	0.00964
Fibonacci	0.00762	0.00794	0.00814	0.00845	0.00877	0.00897	0.00928

About KILO

KiloEx is a next-generation decentralized exchange (DEX) designed to provide a user-friendly perpetual trading experience, fully integrated with Liquid Staking Token Finance (LSTfi). The platform combines advanced risk management, innovative trading features, and seamless multi-asset trading capabilities to revolutionize decentralized trading. KiloEx prioritizes security, transparency, and accessibility, making it a reliable choice for both retail and institutional traders.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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