Arthur Hayes: April may be extremely weak in the market, and the heating up in liquidity after May will drive the crypto bull market Arthur Hayes, a well-known crypto community KOL, predicted in his latest blog post "Heatwave" that the U.S. tax collection will pull liquidity out of the market from mid-April to early May, and the market may be extremely weak as the Federal Reserve continues to shrink its balance sheet. However, from May 1, a new crypto bull market is expected to begin as the Fed slows the pace of balance sheet reduction and the US Treasury uses funds to stimulate the market. Hayes pointed out that the Fed has "transfused" the banking system in disguise, including by easing bank capital requirements, so that it can hold more Treasury bonds. The U.S. Treasury has also been issuing additional short-term Treasuries to absorb trillions of dollars of idle money from the Federal Reserve's reverse repo facility. Both of these measures are conducive to improving market liquidity. However, Hayes expects the April 15 tax limit to take a significant amount of money out of the system. At the same time, the Fed continues to shrink its balance sheet by $95 billion per month. This, coupled with the possibility of short-term oversold Bitcoin due to the expected block reward halving on April 20, will put significant pressure on the market. Hayes advises investors to be cautious in April and bold after May. He revealed that he has made a profit by closing positions in tokens such as MEW, SOL, NMT, etc., and has transferred funds to the USDe stablecoin of the Ethena platform for pledge. Hayes said that if he can avoid the risk of losses in April, he will have enough ammunition to build positions in various crypto assets in May and fully enjoy the bull market dividends.

NMT touched $9 with a 24-hour increase of 41.1% according to the market.

Odaily Planet Daily News NetMind.Ai posted on the X platform that the rapid decline of NMT yesterday was due to the sale of 442,000 NMT (about $2.85 million) by early miners, which did not involve any hacking or potential security vulnerabilities. Miner-related wallets no longer hold any NMT tokens. In the future, the team will take steps to stop the emergence of large-scale one-off sell-offs and redesign the token economy to significantly adjust the token release plan. Sustainability measures: It is recommended to lock early miner tokens in smart contracts on the NMT chain and set a structured vesting period to ensure gradual release in the market. Token Economic Model Redesign: - Significantly shorten the release timeline from 100 years to 5-10 years to adjust supply dynamics and incentivize sustainable growth. Details will be announced soon; - Impose a cap on the number of tokens that any single entity can hold or mine within a certain time frame to prevent future concentrated token sell-offs that could threaten the sustainability of the project. Future safeguards: - Develop and integrate enhanced monitoring tools to detect unusual activity patterns between miners and token holders; - Establish a governance framework for timely and effective decision-making.

PANews reported on March 15 that the AI project NetMind announced through a tweet that the team is closely following the latest developments that led to the large-scale sell-off of NMT tokens and is taking active measures to deal with it. Preliminary investigation revealed that the incident appeared to be related to a vulnerability or hack involving early miners, resulting in approximately 440,000 NMTs being illegally acquired. Despite this, NetMind emphasizes that the platform itself has not been hacked or malfunctioned. The team promised to provide more details at a later date.

According to official sources, NetMind.AI said that its team has found a large-scale sell-off of NMT in the market and is actively taking mitigation measures. More details will be shared soon, and there is currently no long-term risk, with initial indications that this is related to an early miner-related vulnerability/hack that mined 440,000 NMT, and that the NetMind platform itself has not been affected by any hacks or glitches.