MANTRA founder’s 150M OM burn proposal gets 81% support: can it spark a recovery?

coinjournal.net Mantra CEO to burn 150M OM tokens to rebuild trust after the 90% Mantra price crash. 81% of the community has backed the burn proposal. While some are optimistic about the…

Mantra’s Token Burn Will Reduce OM Supply by 150 Million Tokens

cryptopotato.com Mantra CEO and Founder John Patrick Mullin announced plans to burn his allocation of 150 million team tokens. This decision fulfills a commitment made just last week, which…

Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate

cointelegraph.com Bitcoin mining firm Bitdeer secured $60 million in loans to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking…

Unpacking Mantra’s OM crash requires forensic study

cointelegraph.com Mantra founder and CEO John Mullin has begun an $80 million burn of OM tokens to regain users’ trust following the token’s crash earlier in April. However, the question of…

Crypto firms moving into Wall Street territory amid ‘growing synergy’

cointelegraph.com Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing…

Mixed sentiment as crypto funds see modest $6M inflows

cointelegraph.com Cryptocurrency exchange-traded products (ETPs) showed signs of recovery last week with minor inflows, after shedding more than $1 billion in outflows in the previous two…

Crypto Trader’s $19M Bet Turns Into a $17M Nightmare: What’s the Fallout?

coingape.com An anonymous crypto trader has faced the real impact of the crypto market’s volatility as his $19M bet resulted in a $17M loss within a month. Although the Trump trade war…

Gold is money, says Peter Schiff as price hits $3,500 ATH

cointelegraph.com Amid gold reaching new highs above $3,500, Peter Schiff — a prominent gold advocate and Bitcoin critic — argued that the precious metal is money, fueling backlash from the…

ECB flags risk of financial contagion from US crypto push

cointelegraph.com The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins…

Bitcoin acting "less Nasdaq" and more like gold, despite 60% recession odds

cointelegraph.com Bitcoin is decoupling from the US stock market and starting to trade more like precious metals, in another signal of Bitcoin’s growing role as a safe-haven asset against…

Sale amid Token Burn Implementation, Will Price Crash?

coinspeaker.com Coinspeaker Whale Eyes Mantra (OM) Sale amid Token Burn Implementation, Will Price Crash? John Patrick Mullin, CEO and founder of Mantra, recently announced a 300 million OM…

Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash

coindesk.com Mantra, the real-world asset tokenization platform whose OM token crashed earlier this month, is pushing to burn as much as 16.5% of its total supply valued about $160…

KuCoin’s settlement with CFTC in flux after Trump policy shift

cointelegraph.com A planned settlement between the US Commodity Futures Trading Commission and crypto exchange KuCoin will likely be delayed after a policy shift at the CFTC to deprioritize…

US dollar, stocks tumble and crypto gains as Trump amps up pressure on Fed

cointelegraph.com Crypto markets avoided the fallout caused by US President Donald Trump’s latest salvo against Federal Reserve Chair Jerome Powell, which saw the US stock market slump and…

Mantra says CEO has begun the process of burning his 150M OM tokens

cointelegraph.com Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in an attempt to…

OM whale dumps $17M to spur warning bells

ambcrypto.com None 81% of holders seemed to be in losses as whales began some form of subtle accumulation A whale is in the news today after he realized a staggering $17 million loss…

MANTRA CEO initiates burn of 150M OM allocation, aims to bring total burn to 300M tokens

cryptoslate.com MANTRA founder and CEO John Patrick Mullin has initiated the burn of his full 150 million OM token allocation, following through on a commitment made last week to bolster…

Mantra Team Initiates 300 Million OM Crypto Token Burn: Too Little Too Late?

99bitcoins.com After the drama that saw the Mantra OM token crash over 90%, losing $6 billion in market cap valuation, the team has begun its burn initiative that will see up to 300…

OM Price Reacts as MANTRA Announces Major 300M Token Burn Update

coingape.com OM price has reacted negatively to MANTRA’s new token burn announcement. The team announced a token burn plan that will remove 150 million OM tokens from circulation…

MANTRA CEO and Partners to Burn 300 Million Tokens

beincrypto.com MANTRA CEO, JP Mullin, is burning 150 million OM tokens from his own allocation and engaging other ecosystem partners to burn an additional 150 million tokens. This 300…

MANTRA founder will burn $82 million worth of his OM tokens to ‘rebuild trust’ following $5 billion crash

theblock.co MANTRA also said it is in talks with ecosystem partners to burn an additional 150 million tokens, bringing the total burn to 16.5% of OM's supply.

Crypto Rug Pull Losses Have Soared 6,499% This Year Despite Decrease in Frequency, Says DappRadar

dailyhodl.com The amount of financial losses tied to crypto rug pulls has significantly increased in 2025 despite fewer reported incidents, according to market intelligence firm…

MANTRA’s Double Burn: 300 Million OM Tokens to Be Destroyed Post-Collapse

news.bitcoin.com According to the team, MANTRA CEO and founder John Patrick Mullin is burning his entire 150 million OM token allocation—worth approximately $87 million at current prices—in…

4 Altcoins to Sell As Japan Refuses to Concede to US Tariff Demands

coingape.com The crypto market trades in the green today, April 21, with Bitcoin price clinching a three-week high above $87,000, pulling top altcoins up. However, despite the gains,…

Pavel Durov says Telegram would exit markets before betraying users

cointelegraph.com Telegram CEO Pavel Durov expressed concerns over a growing threat to private messaging in France and other European Union countries, warning that Telegram would rather exit…

Crypto Daybook Americas: Bitcoin Breakout Lifts AI, Memecoins, Underscores Hedge Value

coindesk.com Bitcoin's censorship-resistant, decentralized setup empowers individuals by facilitating peer-to-peer transactions without government interference or corporate control.…

Bybit CEO: Two-thirds of Lazarus-hacked funds remain traceable

cointelegraph.com Crypto exchange Bybit co-founder and CEO Ben Zhou says more than two-thirds of the digital assets stolen from the platform in February by North Korea’s Lazarus Group still…

Bitcoin whales, pundits continued to stack throughout April, data shows

cointelegraph.com The number of addresses holding more than a thousand Bitcoin has surged in April as whales continue to accumulate. More than 60 new wallets holding over 1,000 Bitcoin (BTC)…

NFT project plans crowdfund purchase of Cold War nuclear bunker

cointelegraph.com A doomsday-themed Solana NFT project is looking to sell 100,000 non-fungible tokens (NFTs) to buy a Cold War-era nuclear bunker in Rutland, England. Dead Bruv, the creators…

Bitcoin 'breaking out' as it retakes $87K after early April slump

cointelegraph.com Bitcoin prices appear to be breaking out of an extended period of consolidation as the asset climbs to its highest level since late March. Bitcoin (BTC) surged above $87,400…

Crypto market’s weekly winners and losers

ambcrypto.com The week opened with bearish sentiment rippling through the crypto market as Mantra [OM] suffered a sharp crash, triggering widespread risk-off behavior. While fear gripped…

Abraxas Capital Wallet Acquires Nearly $250M in Bitcoin Ahead of Easter

cryptonews.com A crypto wallet tied to London-based investment firm Abraxas Capital has made headlines after purchasing nearly $250 million worth of Bitcoin in the four days leading up to…

Altcoin unit bias 'absolutely destroying' crypto newbies

cointelegraph.com Jan3 CEO Samson Mow says that Bitcoin dominance hasn’t yet exhausted its upside trajectory after analyzing how altcoin prices would stack up against Bitcoin if all were on…

‘Crypto is not communism’

cointelegraph.com The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire…

Crypto Market Today: Top Headlines You Need to Know

coingape.com The crypto market is experiencing sharp price swings, whale selloffs, and legal developments involving major players. Bitcoin remains in a bearish pattern, while investor…

How to Protect Yourself From Holding the Next MANTRA (OM): Analysts Share 5 Key Insights

beincrypto.com The collapse of the MANTRA (OM) token has left investors reeling, with many facing significant losses. As analysts comb through the causes of the collapse, many questions…

What Happened In Crypto This Week?

coinpedia.org The post What Happened In Crypto This Week? appeared first on Coinpedia Fintech News The cryptocurrency market experienced a whirlwind of developments this week. From…

UK firm buys $250M Bitcoin as analysts eye quiet Easter weekend

cointelegraph.com Whales and institutions are increasing their Bitcoin holdings ahead of Easter, as market analysts predict a weekend with less volatility after two weeks of heightened…

Will Pi Network & Mantra Restore Investor Confidence? Will PI & OM Prices Recover?

coinpedia.org The post Will Pi Network & Mantra Restore Investor Confidence? Will PI & OM Prices Recover? appeared first on Coinpedia Fintech News The crypto markets have gained some…

Pi Network Price Analysis: Should You Sell Your Pi Coins or Hold?

coingape.com Pi Network price has gained today, April 19, after posting a 6% gain in the last 24 hours to trade at $0.65 at press time. These gains come after a leading crypto exchange…

Weekly Recap: EigenLayer, Kraken, Coinbase, AWS

coindesk.com Following last week’s tariff-caused drama, this was a relatively quiet week in crypto. Bitcoin remained stable around $84k. The CoinDesk 20, which tracks about 80% of the…

Mantra exposes crypto liquidity problems, and Coinbase is bearish: Finance Redefined

cointelegraph.com Crypto investor sentiment took another significant hit this week after Mantra’s OM token collapsed by over 90% within hours on Sunday, April 13, triggering knee-jerk…

This Week in Crypto: Pi Network

beincrypto.com This week in crypto recorded several key events across various ecosystems that will continue shaping the industry. From major partnerships to investment decisions and scam…

Mantra CEO says team is finalizing burn program details, buyback is well underway

cryptobriefing.com John Patrick Mullin, Mantra’s co-founder and CEO, has stated that the team is finalizing its token burn program and actively working on a buyback plan. Both efforts come in…

Rugpull Losses Soar 6,500% in 2025 as Crypto Scams Turn Deadlier, Nearly $6B Lost

cryptonews.com In a year already marred by mounting concerns about user safety, a new report from DappRadar revealed that crypto rugpulls have stolen nearly $6 billion from the ecosystem…

Converge Blockchain: CEO Dormingo Reveals Next Step for Ethena and Securitinize’s Chain

coingape.com Converge Blockchain:- Carlos Domingo, founder and CEO of Securitize, has announced the next step for their new EVM blockchain, Converge. Announcing in a X post, CEO Dormingo…

Why These Altcoins Are Trending Today

beincrypto.com The cryptocurrency market is showing signs of recovery, gaining momentum over the past 24 hours. As investor optimism climbs, the total crypto market capitalization has…

KiloEx exchange exploiter returns all stolen funds after $7.5M hack

cointelegraph.com A hacker behind the $7.5 million KiloEx exploit returned all the stolen funds four days after the attack. Decentralized exchange (DEX) KiloEx had suspended platform…

Weekly Roundup 04/18/25 (Signature Postmortem, Mantra collapse, Powell on stablecoins) (EP.615)

castleisland.libsyn.com Matt and Nic are back with another week of news and deals. In this episode: We recap Nic’s article on why Signature collapsed Crypto exchange OKX announced their plans to…

Crypto rug pulls have slowed, but are now more devastating: DappRadar

cointelegraph.com There has been a 66% year-on-year decrease in the number of crypto rug pulls this year compared to 2024, but recent data shows the size of each rug pull has been increasing.…

Mantra, market makers allegedly exploited validation gaps to inflate OM token liquidity

cryptoslate.com Mantra and associated market makers allegedly manipulated liquidity metrics for the OM token by exploiting vulnerabilities in data aggregators’ self-reporting systems,…

Who Was Behind the OM Sell-Off? Deep Analysis Reveals the Truth

beincrypto.com The recent OM collapse at MANTRA has left the community confused. In a series of instant drops, $5.5 billion was erased. According to several analyses, the incident was…

Web3 Rugpulls Plummet in Number but Explode in Scale in 2025: Report

thedefiant.io The crypto industry in 2025 has so far recorded fewer scams than 2024, but they’re costing users dramatically more. Since the beginning of the year, nearly $6 billion has…

Mantra CEO Says New Details on OM Token Buyback and Supply Burn Program Coming Soon

dailyhodl.com The CEO and co-founder of the real-world asset (RWA) crypto project Mantra (OM) unveils a plan to bring back community trust following a massive sell-off of the blockchain’s…

SOTM April 10

coinmetrics.io Welcome to our 217th issue of State of the Market, where we provide an overview of crypto market activity from April 10 – April 16, 2025. This week in crypto markets: Crypto…

How High Should Dogecoin Price Rise to Turn $10K to $100K?

coingape.com Dogecoin price continues to stall this week at the crucial support point at $0.15. Still, some crypto analysts believe that this consolidation could be calm before the storm…

Mantra’s OM Price Recovers 200%, But Analysts Warn of LUNA-Level Risk

cryptonews.com The price of Mantra’s OM token has rebounded sharply after a dramatic weekend collapse, but analysts warn that the recovery may be short-lived and structurally similar to…