VELO

BNB Chain's $100 million incentive program has been fully upgraded to directly purchase tokens to support ecological development

ChainCatcher news, BNB Chain's 100 million USD plan, after a 3-week trial of "rewards liquidity upon listing," is now launching a "direct token purchase" mechanism based on community feedback, to support the development of ecological projects in a more comprehensive and direct way.This plan targets native assets of BNB Chain or cross-chain assets, with projects in various tracks that meet the following on-chain data and security requirements having the opportunity to receive at least a single purchase of 100,000 USD.For transaction-driven assets: Market capitalization ≥ 1 million USD; Daily average traders ≥ 300; Daily average trading volume ≥ 200,000 USD.For TVL-driven assets: Total Value Locked (TVL) ≥ 20 million USD; with protocol TVL growth as the core evaluation criterion.Security requirements: The top 10 external account (EOA) holdings must not exceed 10% of the total supply (excluding CEX and wallets related to Zhao Changpeng); projects must complete contract verification on BscScan or pass a security audit, as well as undergo multiple risk assessments.The BNB Chain Foundation will select targets from the pool of qualified projects, purchasing through the foundation's wallet address, with purchase timing being random, and transactions will be announced through official accounts after completion. The BNB Chain Foundation acquisition address is 0x511DfE9E248c887E32ca8bF9d1cb76f101965060.The upgraded 100 million USD incentive plan reflects BNB Chain's steadfast commitment to continuously support builders and create long-term value for the ecosystem during market fluctuations.

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.
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