Italy's April adjusted industrial output year-on-year

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Recently, the price of Sonic ($S) has experienced a free-fall, attracting widespread attention from the market. Investigations show that this big dump is mainly due to a hacker attack on an Iranian digital asset exchange, leading to a large withdrawal of funds from the exchange and spreading panic across the market. This type of security incident once again highlights the vulnerability of the cryptocurrency market. Hacker attacks on exchanges have become a common risk in the digital asset space, which not only directly harms the rights and interests of platform users but can also trigger broader market ripple effects. However, market fluctuations often contain duality. Some analyses suggest that the current price level of Sonic, after a significant fall, may provide potential value entry points for investors. However, it should be noted that any investment decision should be based on a thorough risk assessment while the market's panic sentiment has not fully dissipated. This incident also reminds us that the security infrastructure of the crypto asset ecosystem still has a long way to go, and the security protection capabilities of the trading platform directly affect the healthy development of the entire market.

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