Crypto News Today: Trump Tariff Update, Ripple News, PI Network News, KiloEx Hack

KiloEx, a newly launched DeFi trading platform backed by YZi Labs, has suffered a $7 million exploit across the BNB, Base, and Taiko chains. The attacker, using Tornado Cash, exploited a price oracle vulnerability to siphon funds. Operations are currently suspended, and a bug bounty program is underway. The KILO token plunged 30%, shedding $3.5 million in market cap. This incident underscores ongoing security risks in multi-chain DeFi and raises fresh concerns about the safety of cross-chain platforms.

The global crypto market cap edged up 0.63% to $2.7 trillion, while the 24-hour trading volume dipped 4.68% to $78.57 billion. Market sentiment remains cautious, with the Fear & Greed Index at 31 (Fear). Bitcoin and Ethereum saw modest gains, rising 1.04% and 0.98%, respectively. XRP also ticked up, while Solana slipped 0.81%. Among top gainers, FARTCOIN surged 8.69%, followed by Story IP (+5.94%) and KAS (+5.07%), reflecting selective bullish activity in a cautious market.