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KiloEx updates on the hacker incident: a case has been filed in Hong Kong, and a compensation plan is being developed while funds are being raised

ChainCatcher news, according to official information, KiloEx announced on April 15 regarding the progress of the hacking incident that it has reported to the Hong Kong police and filed a case, and is cooperating with the Criminal Investigation and Cybersecurity departments for investigation. Some information related to the hackers has been obtained. Meanwhile, KiloEx has collaborated with the security company SlowMist to submit a detailed incident report, which will be publicly released when the time is right.The security vulnerability has been fixed, and there is currently no risk of position liquidation. All positions will be settled at the snapshot price before the incident. KiloEx is formulating a compensation plan and raising funds, and the Vault function will gradually resume after the plan is implemented, ensuring the safety of user funds.The hackers have not yet moved the stolen funds. KiloEx has repeatedly sent messages on-chain requesting the return of 90%, but has not received a response so far. The related addresses have been jointly blocked in coordination with multiple DeFi protocols and CEX.In response to rumors about internal involvement, KiloEx solemnly clarifies: the police and SlowMist have fully intervened in the investigation and obtained all internal data. If there are internal issues, the case will not be filed.

The RWA platform Kula has officially launched its governance token KULA

ChainCatcher news, according to Cointelegraph, the RWA platform Kula officially launched its governance token KULA on April 15, 2025, and it is now available for trading on MEXC, Coins.xyz, and Coins.ph (KYC completion required). Its core mechanisms and ecological progress are as follows:Token FunctionalityKULA abandons traditional revenue models, with no staking, liquidity mining, or delegation mechanisms; 1 token = 1 vote, allowing holders to directly participate in on-chain governance and decide the allocation of funds for real assets;Governance decisions are fully transparent and executed through smart contracts, covering areas including agricultural land in Zambia, hydropower in Nepal, and minerals in Malaysia, which are asset classes not reached by traditional finance.Real Asset LayoutCurrently, regenerative agriculture, small energy, and mineral governance projects have been launched in Zambia, Nepal, and other locations through the RegionalDAO network, with a total underlying asset value exceeding $40 million;DAO projects in regions such as Poland, India, Indonesia, and Ghana are about to be advanced, and voting rights for funding proposals will be fully opened to token holders.Compliance Framework DesignA Web2.5 hybrid model is adopted: on-chain execution relies on smart contracts, while off-chain operations through entities in the Cayman Islands and Mauritius, Singapore ensure legal enforceability;In the early stages, $17 million in funding has been secured to build governance toolchains and compliance infrastructure.Kula co-founder Samuel Chen emphasized, "KULA is not a speculative tool, but a governance medium that truly allows the community to control its land, energy, and asset values." Currently, its treasury proposal system has entered the launch phase, and the on-chain governance process can be tracked in real-time through smart contracts.
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