🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts!
Sonic Labs has been approved by the Singapore High Court to liquidate Multichain to cover a loss of $210 million due to vulnerabilities.
According to Deep Tide TechFlow news, on May 15, Sonic Labs CEO Michael Kong stated that Sonic Labs (formerly known as Fantom Foundation) has received approval from the Singapore High Court to liquidate Multichain Foundation to compensate for the losses caused by a $210 million vulnerability, with KPMG Singapore serving as the joint liquidator. It is reported that in 2023, the Multichain Foundation was attacked by hackers, resulting in a loss of over $210 million, with Sonic Labs accounting for about one-third of the total loss.
Multichain CEO Zhaojun He was arrested by Chinese authorities months before this attack incident and has not made any public appearances since.