If for reward you mean new avatars, no, sorry told you that was a small quest update! For basilisk I assume you mean the Void Beast. Yes, even if there are some strategies to win easily... using stun/slow and the attack spells.
haven't had a chance to play the update. I just downloaded FastCrawl, a quick dungeon crawl style game. You might want to take a look at it, that and Astral Masters. One thing i DON'T like about FastCrawl, you can't make your own party, and characters don't carry over.