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Foresight News reported that SlowMist founder Yu Jian stated, "There are two dark clouds hanging over DeFi: one is a black hat hacker adept at using AI, and the other is a certain organization skilled in social engineering." He suggested that all DeFi project teams should leverage AI as soon as possible to identify security risks in running code and DevOps processes, cooperate with SlowMist or SEAL to conduct defensive and offensive exercises, ensure full coverage both on-chain and off-chain, and conduct such drills at least once every quarter. Being more diligent and aggressive than black hats is the right solution.

According to Santiment data, the 30-day MVRV of XRP has fallen to its lowest level since December 2020, with the average trader incurring a 47% loss. (Cointelegraph)

BlockBeats news, on May 27, the "new stock god" Serenity posted on social media that they have established a position in the semiconductor company XFAB, considering its current $1.28 billion market capitalization attractive, and detailed the core reasons. Serenity stated that the key catalyst is the "EU Chips Act 2.0," which will be announced this week and is expected to focus on supporting photonics enterprises. XFAB previously benefited from this and is likely to be included again this time. The company’s business is closely tied to NVIDIA, mainly reflected in silicon photonics/CPO and power semiconductors. In the silicon photonics field, the company is preparing for mass production of NVIDIA’s optical transceivers, optical switches, and other products currently under evaluation, through the "photonixFAB" project—a relationship that may have been overlooked by the market. In power semiconductors, as a SiC (silicon carbide) foundry, the company collaborates with Navitas Semiconductor and Power Integrations to support NVIDIA’s 800V DC power solutions. Serenity believes that XFAB’s current price-to-book ratio of about 1.29 is similar to when they established a position in SOI and is in an undervalued state due to the drag of its traditional business. They personally estimate its forward price-to-earnings ratio for 2028 to be about 6.5 to 8.5. In addition, the company has received strong endorsements from both European and American governments, including €128 million from the EU Chips Act and $50 million from the U.S. Department of Commerce, with more subsidies possibly on the way. Effectively, governments are funding its capital expenditures. The analyst summed up that if XFAB can replicate Soitec’s turnaround path—shedding its traditional automotive business burden through a low price-to-book ratio and high-growth business—its current market capitalization of about $1.3 billion will be quite attractive. BlockBeats note: Serenity is a highly influential senior trader on the Reddit forum WallStreetBets (WSB) board. Their core research results are consistently made public for free, focusing on key supporting links in the NVIDIA AI chip industry chain. By thoroughly analyzing indispensable "screw" components in chip manufacturing and packaging, they accurately identify bottlenecks (chokepoints) in the supply chain, and, based on this, deploy positions in upstream targets with scarcity and bargaining power.