Search results for "SONIC"
12:27

Sonic has launched the first season Airdrop, and users can now claim a 25% share.

Odaily News Sonic announces that the first season Airdrop is officially open, users can now claim a 25% allocation share, and the remaining 75% will be released linearly in the form of NFTs, gradually opening through the PaintSwap order book. The official reminder states that this Airdrop is based on the Sonic Mainnet Allowlist activity and is not related to the presale or TGE.
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SONIC-6.27%
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02:23

Velvet(VELVET) has launched staking mining on Gate Launchpool, staking ETH or VELVET can earn Token rewards.

Gate News bot message, according to the official announcement from Gate on July 10, 2025: Gate will launch the Velvet (VELVET) project mining activity on Launchpool. The activity will take place from July 10, 2025, 20:00 to July 15, 20:00 ( UTC+8, with a total mining reward of 500,000 VELVET tokens. Users can participate in mining by staking ETH or VELVET, and the system will distribute rewards to users hourly based on the staking ratio. Velvet is a DeFAI operating system focused on simplifying on-chain research, trading, and portfolio management. The project has launched on multiple chains including BNB Chain, Base, Solana, Ethereum, and Sonic, with over 100,000 users. The platform integrates a multi-agent AI Co-Pilot feature, allowing users to discover and execute investment opportunities through natural language. Currently, there are over 10,000 vaults created by KOLs, traders, and crypto hedge funds. It is worth noting that Gate Labs has participated in the Velvet )VELVET( project investment.
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VELVET-12.89%
ETH-4.32%
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05:33

Sonic Labs: A new version of the Sonic client will be launched, planning to introduce the new Consensus Sonic CS 2.0.

BlockBeats News, on July 4th, Sonic Labs co-founder Andre Cronje stated that the next generation of developer tools has been launched, and the new Sonic client will be available in the coming weeks, featuring account abstraction, dynamic fees, and Gas subsidies. The next plan is to launch "Sonic CS 2.0", a new consensus that doubles network speed and reduces memory usage by 68%.
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SONIC-6.27%
S-7.33%
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02:19

The second round of Sonic Points Airdrop has started, only counting actual Decentralized Finance activities.

According to Gate News bot, as reported by BlockBeats, on July 2nd, Shadow Exchange announced the official start of the Sonic Points Airdrop program for the second quarter. This round of airdrop has canceled the passive points mechanism, and only actual participation in DeFi activities can earn points. Users can trade and provide liquidity using allowlisted assets on the Shadow platform.
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S-7.33%
DEFI-5.14%
01:56

Sonic officially launches Season 2 Airdrop

Golden Finance reports that Sonic has announced the official launch of the second season of its Airdrop. The new rules eliminate the passive points mechanism and only count on-chain real DeFi activities (trading/providing Liquidity). Trading allowlisted assets on the Shadow platform will earn points, and its users, contributing 85% of the network's income, will enjoy both loyalty multipliers and yield scoring bonuses.
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S-7.33%
13:35

Circle: CCTP V2 launched on the Solana Blockchain

Golden Finance reports that Circle has announced the launch of its cross-chain transfer protocol CCTP V2 on the Solana Blockchain, supporting developers and users for quick transfers, as well as the integration of smart contracts after transfers. As of now, other blockchains supporting CCTP V2 also include Arbitrum, AVAX, Base, Ethereum, Linea, Optimism, Sonic Labs, and World.
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SOL-2.97%
03:44

1inch integrated Sonic provides built-in MEV protection

Gate News bot news, the DeFi aggregator 1inch has integrated Sonic. From now on, the 1inch Wallet will natively support the Sonic network and can be tracked through Portfolio, allowing users to easily store, exchange, and track assets.
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1INCH-9.26%
S-7.33%
14:03

The DeFi aggregator 1inch has integrated the Sonic chain.

PANews June 19 news, according to the Sonic Labs announcement, the DeFi aggregator 1inch has officially integrated the Sonic chain. Users can now directly access the Sonic network through the 1inch Wallet, utilizing its Pathfinder smart routing Algorithm to obtain optimal transaction rates, while enjoying the built-in MEV protection mechanism. This integration supports bridge-less cross-chain transactions between Sonic and other EVM chains.
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02:21

Sonic integrates Bubblemaps V2 to achieve Decentralized Finance transparency

Gate News bot message, Sonic Labs announced the integration of Bubblemaps V2 into its platform, marking a significant advancement in on-chain intelligence and transparency within the Decentralized Finance (DeFi) ecosystem. Given the rising demand for convenient and reliable blockchain analysis, this move aims to help users better understand wallet trends, token movements, and trading patterns.
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SONIC-6.27%
BMT-9.58%
DEFI-5.14%
14:20

Sonic Labs announced that it has invested 400,000 S into Hey Anon.

BlockBeats news, on June 12, according to official sources, Sonic Labs has invested 400,000 S Tokens in Hey Anon. Hey Anon is a groundbreaking on-chain AI protocol that is redefining how users interact with Decentralized Finance on Sonic, and this investment is supported by the Sonic Innovators Fund.
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S-7.33%
ANON-9.09%
01:50

Sonic announced that the second season of the Airdrop will start on June 18, introducing dynamic structure rewards for real users.

Gate News bot, Sonic announced that the second season of the S token airdrop will start on June 18, with a larger scale, smarter and more generous rewards. The new system introduces a more dynamic structure for users and applications, designed to reward authentic and ongoing participation in the Sonic ecosystem. The main changes are as follows: passive points are no longer used, only event points, loyalty-based points boosting revenue is counted in the Gem Season 2 airdrop event rewards true impact and on-chain activity, designed for long-term users and developers. In addition, the first season will end on the same day, and after a review period to filter bots and witch addresses to ensure rewards are distributed to real users, the token claim portal will go live a few weeks later on June 18th.
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00:40

Sonic: 25% of the tokens in the Season One airdrop will be immediately in circulation, while 75% of the tokens will need to be unlocked over 270 days.

Odaily News Sonic official posted on X stating that the first season S Airdrop will be distributed in two phases: 25% of the Tokens will be immediately tradable, meaning users can claim 1/4 of the Tokens at the time of the Airdrop; 75% of the Tokens will have Lock-up Position restrictions, and this portion of Tokens will be gradually released in the form of tradable NFTs over 270 days, with an early claim destruction mechanism in place.
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S-7.33%
00:59

Spetz Inc completed the first phase of a $10 million private sale financing.

BlockBeats news, on May 29, according to Yahoo Finance, blockchain infrastructure company Spetz Inc (CSE:SPTZ) announced the completion of the first round of private sale financing of 10 million dollars. The company's CEO Mitchell Demeter stated that the funds will be used to purchase Sonic Tokens, deploy verification node infrastructure, and implement DeFi strategies.
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SONIC-6.27%
DEFI-5.14%
13:49

Sonic Blockchain's net inflow reached 1.3 billion USD in 2025, leading all major blockchains.

Gate News bot message, according to Artemis data statistics, from 2025 to the present, the net inflow amount of the Sonic Blockchain has reached 1.3 billion USD, ranking first among various blockchains. The net inflow data of other blockchains shows: Base at 921 million USD, Solana at 349 million USD, Unichain at 326 million USD, and Ethereum at 161 million USD. Source: Wu Says
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16:00

The DeFi strategy platform XSY.fi has completed a $5 million Pre-Series A funding round, led by Protagonist and Borderless Capital.

According to BlockBeats news on May 15th, as reported by Chainwire, the DeFi strategy platform XSY.fi has completed a $5 million Pre-Series A funding round, led by Protagonist and Borderless Capital, with participation from strategic investors such as Paper Ventures, Chainview Capital, Blizzard the Avalanche Fund, and Sonic Boom Ventures. It announced today the launch of the digital synthetic dollar Unity on the Avalanche chain.
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15:32

Sonic announces the termination of its five-year market-making partnership with Wintermute.

According to Gate.io News bot news, reported by Wu, Sonic's Chief Strategy Officer SonicAssistant announced that the company notified Wintermute 24 hours ago that their ongoing 5-year market making (MM) contract would not be renewed. Sonic has begun discussions with other market makers for cooperation. The new partners will provide MM++ services, including deep involvement in DeFi ecosystem development, supporting application growth, participating in global community activities, and maintaining proactive communication. SonicAssistant emphasizes: "Only supporting CEX can no longer meet the ecological demands."
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SONIC-6.27%
09:44

Sonic Labs wins the judgment, the Multichain Foundation will be dissolved.

ChainCatcher message, the Singapore High Court ruled in favor of Sonic Labs' motion to force the Multichain Foundation into liquidation to recover the funds stolen during the 2023 Hacker attack. Michael Kong, CEO of Sonic Labs, stated in a statement posted on X on May 14 that the team behind Sonic believes they have no choice but to sue to force the closure of Multichain, as its former employees are "completely uncooperative."
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MULTI-2.7%
06:16

The Singapore court has approved the liquidation of the Multichain Foundation, with KPMG taking over the asset recovery operations.

According to a Gate.io News bot message reported by Cointelegraph, the High Court of Singapore has approved Sonic Labs' liquidation application against the Multichain Foundation and appointed KPMG as the liquidator. This liquidation application is due to the hacking incident of Multichain in 2023, resulting in a loss of $210 million in assets. Due to former employees refusing to cooperate with the investigation, Sonic Labs has chosen to resolve the matter through legal means. KPMG, as the liquidator, will be responsible for recovering assets, and all recovered funds will be used to reimburse the affected users. It is worth noting that Multichain has ceased operations in 2024, and its CEO has previously been detained by the police.
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MULTI-2.7%
06:14

Sonic Labs wins the ruling, and the Multichain Foundation will be dissolved.

ChainCatcher News: The Singapore High Court ruled in favor of Sonic Labs' motion to compel the Multichain Foundation to liquidate in order to recover the funds stolen during the 2023 hacker attack. Michael Kong, CEO of Sonic Labs, stated in a statement posted on X on May 14 that the team behind Sonic had no choice but to file a lawsuit to forcibly shut down Multichain, as its former employees were "completely uncooperative."
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S-7.33%
MULTI-2.7%
23:59

Circle announces that the native USDC is now live on the Sonic chain.

BlockBeats news, on May 14th, Circle announced that the native USDC has now been launched on the Sonic chain, completing the transition from bridged USDC to native USDC. Before the upgrade, the supply of bridged USDC on Sonic reached 500 million, and after the upgrade, the CCTP V2 version was launched, introducing
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USDC-0.03%
SONIC-6.27%
13:10

Sonic Labs: Native USDC and CCTP V2 will launch on the Sonic Blockchain.

According to a report from Jinse Finance, Sonic Labs announced that the native USDC and CCTP V2 will go live on the Sonic Blockchain. After the upgrade, bridging USDC (USDC.e) will automatically convert to the native USDC without requiring code changes or asset swaps. It is reported that the related upgrade may take about a week, and it is expected that the bridging activities between Sonic Gateway Ethereum and the Sonic chain for USDC (USDC.e) will be suspended on May 6 to facilitate the upgrade to the native USDC.
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SONIC-6.27%
USDC-0.03%
ETH-4.32%
02:44

Summary of the technical upgrade progress of multiple Blockchain networks in March

Gate.io News bot message, according to Wu's March technical report, several technical updates have emerged in the blockchain field. In the Bitcoin ecosystem, BIP360 has implemented quantum-resistant hash updates, and grassroots communities are promoting BIP-119 and BIP-348 proposals. Multiple Ethereum testnets have completed the Pectra upgrade operation, with the mainnet upgrade scheduled for April 30. The Solana ecosystem proposal SIMD-0228 was not approved, and subsequently the SIMD-0257 draft was released. Base adjusted the block Gas Target parameters. The BNB Chain completed the Pascal hard fork and released the subsequent upgrade roadmap. The Sui Testnet integrated the WebAuthn-based Passkeys feature. The NEAR Mainnet expanded the number of shards to 8. Avalanche releases its 2025 roadmap, Sonic Labs announces the upcoming launch of the SonicCS 2.0 protocol. Hyperliquid Mainnet validators shift to a fully permissionless model. Berachain Testnet Bepolia officially goes live, simultaneously initiating the PoL mechanism. Source: Wu Says
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ETH-4.32%
SOL-2.97%
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