ChainCatcher message, the programmable privacy network Aleo stated in a post on X that it has recently learned that some community members received an email promoting a "token distribution round." The Aleo Foundation is currently not conducting any token distribution plans, incentive programs, or any form of financial incentives.Please remain vigilant, ensure that emails come from the official aleo.org domain, and cross-check through another official channel. If users receive any misleading information, please contact the Aleo Foundation team through officially announced channels.

ChainCatcher news, according to official sources, the programmable privacy network Aleo has announced the establishment of the Aleo Foundation, aimed at guiding and supporting the network with a focus on open-source governance, developer engagement, and promoting zero-knowledge encryption applications. Additionally, Aleo will support innovative projects through an initial allocation of 150 million tokens via the foundation.It is reported that the foundation is an independent non-profit 501c4 organization based in Wyoming, operating independently from the commercial entity that has developed Aleo to date.

ChainCatcher news, the programmable privacy network Aleo stated on its official website that the Aleo mainnet is expected to launch by the end of 2023. After the launch, Aleo Systems will relinquish all control over the Aleo network, which will operate independently of its founding company and will be organized similarly to a decentralized system like Ethereum.

ChainCatcher news, according to official sources, the privacy protocol Threshold Network has announced that tBTC redemption has gone live on the mainnet. Bitcoin holders can transfer and use Bitcoin within the DeFi ecosystem through a scalable, decentralized solution without needing permission from anyone. Users can mint tBTC at any time and redeem it for native BTC.

ChainCatcher news, Ola team developer Payne tweeted that a logical vulnerability was discovered in Aleo, and a bug bounty was received from Aleo. Payne found a logical error in the validity check of the record spent by users while studying Aleo's code.When the spent record is generated during the execution of a contract from the previous transaction, the commitment of the record should be used to construct the leaf node of the transition tree, but Aleo used the serial number of the record to construct the leaf node, which would cause the transaction to fail verification in the circuit. After communication, it was confirmed that the Aleo team has fixed this vulnerability.It is reported that Ola is a Layer2 high-performance ZK-ZKVM project incubated by Sin7y Labs, focusing on programmable privacy, programmable scalability, and multi-language compatibility. It is expected to launch an internal testnet in the third quarter of 2023 and a public testnet by the end of the year. (source link)

ChainCatcher news, the privacy public chain Iron Fish announced that it will launch its mainnet at 09:00 PDT on April 20 (00:00 Beijing time on April 21), and all eligible testnet users will receive an airdrop.Iron Fish will release 42 million tokens in the genesis block at the mainnet launch, with a total supply cap of 256,970,400 tokens. Of the initially released 42 million tokens, the allocation is as follows: 2.25% for testnet airdrops; 2.25% for future airdrops; 5.1% for Pre-Seed round investors; 9.9% for Seed round investors; 14.5% for Series A investors; 0.6% for advisors; 37.4% for the core team; 5% for IF Labs; 5% for tokens designated for future donations; and 18% for the Iron Fish Foundation. Tokens allocated to personnel including investors, advisors, and employees will be locked for 12 months and then released over 12 months. (source link)

ChainCatcher news, the privacy blockchain Aleph Zero has announced the successful upgrade of its mainnet to version 10.0, with the smart contract ink! 4.0 now live on the mainnet, supporting the deployment of new DApps on the mainnet. Additionally, Aleph Zero will launch an ecosystem funding program to assist Aleph Zero-based projects in various ways.According to the crypto data platform RootData, Aleph Zero is a Layer 1 privacy-enhanced blockchain developed based on ZK-SNARK cryptography and secure multi-party computation (sMPC), which won the 38th round of Polkadot parachain slot auctions in January 2023. (Source link)

ChainCatcher news, the privacy network Threshold Network announced the launch of the tBTC-based stablecoin thUSD. This stablecoin draws on the Liquity protocol mechanism to generate the dollar stablecoin thUSD using tBTC as collateral. Additionally, the protocol addresses liquidity issues through protocol-controlled value (PCV).It is reported that Threshold is a merger project between the privacy layer protocol Keep Network and the privacy infrastructure NuCypher. (source link)

ChainCatcher news, the privacy network Iron Fish announced that it will end the testnet Phase 3 early on February 25 (originally scheduled to end on March 7). Iron Fish stated that the early termination of the third phase is due to excessive system traffic frequently causing API outages, and they are currently working on a fix. Iron Fish mentioned that, reportedly, Phase 3 testnet users have minted over 300,000 assets, with more than 60,000 network hosting nodes. The Iron Fish team will subsequently focus on the mainnet launch work. (Source link)