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🚀 BNB Chain Announces Catalyst Awards Winners

According to BlockBeats, on September 10, BNB Chain revealed the winners of its Catalyst Awards, recognizing outstanding projects across various categories.

The Innovation Excellence Award was granted to AI project Aggregata and programmable incentive layer protocol Cellula. In the DeFi Excellence category, KiloEx and Lista DAO emerged as winners. The Gaming Excellence Award was awarded to Seraph and StarryNift. For Infrastructure Excellence, CARV and Particle Network were recognized. Lastly, the Rising Star Award was given to REVOX and Sidekick.


#BNBChain #CatalystAwards #InnovationExcellence #DeFiExcellence #GamingExcellence #InfrastructureExcellence #RisingStar #Aggregata #Cellula #KiloEx #ListaDAO #Seraph #StarryNift #CARV #ParticleNetwork #REVOX #Sidekick
🚀 DeAgentAI Launches AlphaX Model With Community Feedback Mechanism

According to PANews, decentralized AI agent project DeAgentAI has announced the launch of its first model based on the DeAgentAI feedback training mechanism, named AlphaX. DeAgentAI is the first Web3 AI feedback mechanism incentive protocol, integrating feedback mechanisms tightly with the training process to realize the concept of Proof of Insight. This aims to address the challenge of rapidly implementing large models in various specific scenarios.

AlphaX was developed by an AI team from top academic institutions such as Carnegie Mellon University, the University of California, Los Angeles, and the State University of New York. During its beta phase, AlphaX has received widespread recognition from industry leaders and traders. Users can leverage AlphaX to obtain BTC and ETH price prediction signals generated by DeAgentAI's proprietary AI model. By choosing to trust or not trust these signals, users provide feedback that helps the team train the model with more parameters.

To promote the market adoption of AlphaX, DeAgentAI has entered into strategic partnerships with several ecosystem partners, including Bitlayer, KiloEx, and oooo, to jointly host market activities. Additionally, DeAgentAI has launched an incentive plan worth 1 million USDT, giving users the opportunity to share in 20 million tokens prepared for the AA’s Dog activity season.

Earlier this year, DeAgentAI successfully completed a $6 million funding round and, in September, collaborated with over ten leading projects, including B2Network, to host the ecosystem joint event GUESS2049. This event saw participation from 300,000 users who conducted over 440,000 on-chain transactions.


#DeAgentAI #AlphaX #Web3 #AI #feedbackmechanism #ProofOfInsight #BTC #ETH #priceprediction #incentiveprotocol #strategicpartnerships #Bitlayer #KiloEx #oooo #funding #GUESS2049 #onchaintransactions
🚀 KiloEx Platform Suffers $7.4 Million Loss Due to Security Breach

According to Odaily, the blockchain contract platform KiloEx has experienced a security breach resulting in the theft of approximately $7.4 million. The incident affected assets across multiple chains, including BNB and Base.

#KiloEx #SecurityBreach #Blockchain #Cryptocurrency #BNB #Base #Theft #Loss #Assets
🚀 KiloEx Addresses Security Breach and Initiates Recovery Efforts

According to PANews, KiloEx announced on the X platform that its treasury has been compromised, urging all partner agreements and platforms to blacklist the affected address to prevent further malicious activities. The vulnerability has been contained, and the team has immediately suspended platform operations while collaborating with security partners to trace the flow of funds. A bounty program will be launched, and the team is analyzing the attack vectors and impacted assets. KiloEx is working with ecosystem partners to track and recover the funds as much as possible. A comprehensive report is being prepared and will be shared with the community in the coming days.

Previously, it was reported that KiloEx suffered a hacking attack, with the total amount involved estimated at approximately $7 million.


#KiloEx #SecurityBreach #RecoveryEfforts #CryptoSecurity #HackingAttack #TreasuryCompromise #MaliciousActivities #BountyProgram #CommunityReport #AssetRecovery
🚀 KiloEx Reports Progress on April Hack Investigation

According to BlockBeats, KiloEx has reported progress in the investigation of the hacking incident that occurred on April 15. The company has filed a report with the Hong Kong police, who have opened a case and are collaborating with the criminal and cybersecurity departments. Some information related to the hackers has been obtained. KiloEx is also working with the security firm SlowMist to compile a detailed incident report, which will be released when appropriate.

The security vulnerability has been addressed, and there is currently no risk of position liquidation. All positions will be settled at the snapshot prices before the incident. KiloEx is developing a compensation plan and raising funds, with the Vault function set to gradually resume once the plan is implemented, ensuring the safety of user funds.

The stolen funds have not been moved by the hackers. KiloEx has repeatedly communicated on-chain, requesting the return of 90% of the funds, but has yet to receive a response. The relevant addresses have been blocked in collaboration with multiple DeFi protocols and centralized exchanges (CEX).

In response to rumors of internal involvement, KiloEx has clarified that the police and SlowMist have fully engaged in the investigation and have accessed all internal data. If there were any internal issues, the case would not have been filed.


#KiloEx #hack #investigation #HongKong #cybersecurity #SlowMist #incidentreport #userfunds #compensationplan #DeFi #CEX #internalinvestigation
🚀 KiloEx Attacker Returns 1.4 Million USDT

According to Odaily, blockchain security firm PeckShield has reported that the attacker responsible for the KiloEx incident has returned approximately 1.4 million USDT to the platform. This development marks a significant step in resolving the recent security breach that affected the exchange. The return of the funds is seen as a positive outcome for KiloEx, which had been working to address the situation since the attack occurred.

#KiloEx #Attacker #USDT #PeckShield #BlockchainSecurity #SecurityBreach #CryptoCrime #FundsReturn
🚀 KiloEx Plans Security Audits with SlowMist Before Relaunch

According to BlockBeats, KiloEx has announced plans to conduct security audits in collaboration with SlowMist before relaunching its platform. SlowMist has prepared two audit strategies to ensure comprehensive security measures.

The first option involves a complete audit by SlowMist before KiloEx goes live again. This process is expected to take approximately 45 days, aiming to provide thorough security assurance.

The second option is an initial permissions audit by SlowMist. This audit will focus on the protocol's permission mechanisms to prevent incidents similar to previous attacks. Based on the results of this initial audit, KiloEx will decide whether to proceed with the relaunch. Following this, SlowMist will conduct a full audit of the protocol's logic and economic model. The duration of this process is still under evaluation but is expected to be significantly shorter than 45 days.

KiloEx acknowledges the community's eagerness for the platform's relaunch and has opted for the second strategy, starting with the initial permissions audit. Once the audit results are available, KiloEx will promptly announce the relaunch schedule.


#KiloEx #SecurityAudits #SlowMist #Relaunch #Blockchain #Crypto #AuditStrategies #Cybersecurity #PlatformSecurity
🚀 KiloEx to Compensate Users After $7.5 Million Exploit

According to Cointelegraph, decentralized exchange KiloEx has announced plans to compensate traders and stakers affected by a $7.5 million exploit that temporarily halted its operations in April. In a statement on April 24, KiloEx assured traders with open positions during the suspension that they would receive full compensation for any increased losses or decreased profits. The platform committed to covering the difference, urging traders to close their positions promptly once operations resume to ensure accurate compensation calculations.

KiloEx also addressed its Hybrid Vault stakers, confirming that the stolen funds had been fully reinjected into the vault, leaving staker earnings and principal unaffected. Additionally, the platform promised an extra 10% annual percentage yield (APY) as a bonus for eligible stakers who had funds in the vault before the platform's resumption. This move aims to reassure users of the platform's commitment to maintaining their investments.

Earlier, on April 15, KiloEx offered a 10% bounty to the hacker responsible for the exploit, allowing them to retain $750,000 if they returned 90% of the stolen funds. The platform warned of revealing the hacker's identity and pursuing legal action if they failed to comply. Following this, security platforms detected transactions suggesting the hacker returned the stolen funds. By April 18, KiloEx announced it would drop all legal actions and reward the hacker with the promised 10% white hat bounty.

The exploit, which occurred on April 14, involved a price oracle vulnerability that allowed the attacker to manipulate prices for illicit gains. Security firm PeckShield identified the vulnerability, noting that the attacker exploited a permissionless function to craft unauthorized requests. This enabled the attacker to open a position at an artificially low price and close it at a higher price, resulting in illegitimate profits. KiloEx's post-mortem confirmed these findings, highlighting the need for enhanced security measures to prevent future incidents.


#KiloEx #Compensation #Exploit #DecentralizedExchange #Crypto #Blockchain #Security #Staking #Hack #WhiteHat #APY #Investments #PriceOracle
🚀 April 2025 Sees Significant Losses in Crypto Security Incidents

According to Foresight News, the cryptocurrency industry experienced substantial security breaches in April 2025, resulting in losses totaling $364 million. Of this amount, approximately $18.2 million has been returned and is not included in the total loss figure. Phishing attacks were identified as the primary cause, accounting for around $337 million in losses. Notably, funds stolen from KiloEx, Loopscale, and zkSync have been returned by the hackers.

#Crypto #Security #Incidents #Losses #Phishing #KiloEx #Loopscale #zkSync
🚀 April 2025 Sees Significant Losses from Crypto Attacks

According to PANews, April 2025 witnessed 18 major cryptocurrency attacks, resulting in total losses of approximately $357.11 million. Among these incidents, unauthorized Bitcoin transfers accounted for $330.7 million in losses. Additionally, projects such as KiloEx, zkSync, and Term Labs collectively recovered around $14.4 million. Other notable events included an attack on Loopscale, leading to a $5.8 million loss, and a front-end attack on MorphoLabs, resulting in a $2.6 million loss.

#CryptoAttacks #Cryptocurrency #Bitcoin #KiloEx #zkSync #TermLabs #Loopscale #MorphoLabs #April2025 #Cybersecurity #Blockchain #BTC #ZK