News

BlockBeats News, January 5, Infinex posted on social media, admitting that the team had "messed up" this public sale and released the following rectification plan: · The subscription cap is canceled, and the previous maximum limit of $2,500 will no longer be set. · Allocation will be changed to a bottom-up approach, switching from random allocation to the "maximum-minimum fair allocation method." Everyone's allocation quota will increase simultaneously until the quota is full or the supply is exhausted. · Patron priority will be retained. Patrons will still receive allocation priority, but only after the sale ends. · The token lock-up mechanism will be retained. The team firmly believes that the lock-up can establish long-term interest alignment for those who truly believe in the product.

BlockBeats News, January 5th, Infinex posted on social media, admitting the team had "messed up" this public sale and released the following rectification plan: · Cancel the subscription cap, no longer set a maximum limit of $2,500. · Change to bottom-up distribution, switching from random distribution to "maximum-minimum fair distribution method," everyone's allocation will increase synchronously until the quota is full or the supply runs out. · Retain Patron priority, Patrons will still receive priority allocation but will have to wait until after the sale ends. · Retain the lock-up mechanism, the team firmly believes that lock-up can establish a long-term benefit tie-up for those who truly appreciate the product.

BlockBeats News, January 5th, according to official sources, YZi Labs announced on social media: YZi Labs Management Ltd. is currently reviewing recent actions taken by BNC (CEA Industries) against YZi's shareholder group and initiating a proxy solicitation process. These actions, which harm shareholder interests, include the implementation of a "poison pill plan" and amendments to the articles of incorporation aimed at impeding and delaying shareholders from exercising rights through written consent. YZi believes that the practical effect of these actions is to impose unnecessary restrictions and procedural burdens beyond what Nevada law requires. The company's Board of Directors (the "Board") has taken these steps apparently to entrench itself—even after YZi warned that further infringement of shareholder rights would provoke strong shareholder discontent. YZi had reminded the Board that its failure to properly fulfill its fiduciary duties could result in potential legal risks. Nevertheless, the Board chose to restrict shareholder rights rather than admit fault, indicating their awareness of the lack of shareholder support. Many other shareholders have confirmed to us that they share the same concerns and astonishment as YZi about BNC's unwise strategic shift and abandonment of the BNB ecosystem. Furthermore, YZi refutes the company's alleged "never having considered adopting alternative tokens for the company's digital asset reserve strategy or initiating a competitive digital asset reserve business." This denial contradicts BNC CEO David Namdar's explicit statement at an industry conference in November 2025 that BNC had considered shifting to other cryptocurrencies such as Solana. Considering Mr. Namdar and Board member Hans Thomas' active promotion and fundraising for other digital asset reserve projects during their tenure at BNC, YZi believes shareholders have reason to be concerned about a betrayal of their interests.