PANews 5月15日消息，据The Block报道，新加坡高等法院近日批准Sonic Labs（前Fantom Foundation）对Multichain基金会提出的强制清算申请，并任命KPMG新加坡为清算人。Sonic Labs在2023年Multichain遭遇2.1亿美元攻击中损失约三分之一。因Multichain拒绝合作且管理层失联，Sonic被迫提起诉讼。若后续法律程序顺利，相关资金有望返还用户。

<p>PANews 5月15日消息，据The Block报道，新加坡高等法院近日批准Sonic Labs（前Fantom Foundation）对Multichain基金会提出的强制清算申请，并任命KPMG新加坡为清算人。Sonic Labs在2023年Multichain遭遇2.1亿美元攻击中损失约三分之一。因Multichain拒绝合作且管理层失联，Sonic被迫提起诉讼。若后续法律程序顺利，相关资金有望返还用户。</p>

Sonic Labs获准清算Multichain基金会以追回2.1亿美元损失

<PANews> News on May 15th, according to <The Block>, the Singapore High Court recently approved the compulsory liquidation application filed by Sonic Labs (formerly <Fantom> Foundation) against the <Multichain> Foundation and appointed KPMG Singapore as the liquidator. Sonic Labs lost approximately one-third of its funds in the <Multichain> attack of $210 million in 2023. As <Multichain> refused to cooperate and its management went missing, Sonic was forced to file a lawsuit. If subsequent legal procedures go smoothly, the relevant funds are expected to be returned to users.

<p>PANews reported on May 15th that according to The Block, the Singapore High Court recently approved Sonic Labs' (formerly Fantom Foundation) petition for compulsory liquidation of the Multichain Foundation and appointed KPMG Singapore as the liquidator. Sonic Labs lost approximately one-third of its funds in the $210 million attack on Multichain in 2023. As Multichain refused to cooperate and its management went missing, Sonic was forced to file a lawsuit. If subsequent legal proceedings go smoothly, the relevant funds are expected to be returned to users.</p>

Sonic Labs gets approval to liquidate Multichain Foundation to recover $210 million in losses

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Currently, looking at the daily chart of US stocks, two key signals are needed for confirmation that the market is turning bearish:

- Break below key support: The three major indices must break below the red line.

- Structural reversal: Lower Highs and Lower Lows must appear in the trend.

Currently, the overall trend is still upward, but since no higher highs have been reached, it has essentially been in a consolidation phase since October 30th.

According to Market Pulse data, the index is currently at 50...

Market Analysis | US Stocks Fluctuate?! About to Hit New Highs?!

Original text from Prince
Compiled by Odaily Odaily Golem (@web 3_golem)
The failure of fixed-rate lending in the crypto space is not simply because DeFi users reject it. Another reason for its failure is that DeFi protocols designed their credit products using money market assumptions and then deployed them into a liquidity-driven ecosystem; the mismatch between user assumptions and actual capital behavior keeps fixed-rate lending a niche market.
Fixed-rate products are unpopular in the crypto space. Currently, almost all mainstream lending...