KiloEx announces user compensation plan for security incidents, setting up 10% additional revenue activity

Odaily Planet Daily News: The decentralized contract trading platform KiloEx was attacked between 18:27 and 19:40 UTC on April 14th, and some user transactions were affected. KiloEx today released a detailed compensation plan for affected traders, Hybrid Vault stakers, and VIP users: Affected traders: Orders that were not closed before the platform interruption will continue to be retained, and full compensation will be provided for any additional losses or reduced profits during the interruption period. Hybrid Vault staker: All stolen funds have been recovered and re injected, and the user's principal and income are not affected. The platform will launch a 30 day "Special Revenue Enhancement Activity" after recovery, and eligible staking users will receive an additional 10% APY reward (issued in USDT). VIP users: According to the snapshot at the time of the event, all affected VIP users will automatically be upgraded by one level (except VIP7) and enjoy a 30 day VIP status protection period. It is reported that the platform will resume operation at 13:00 UTC on April 24th, and compensation and activities will also take effect from this time point.