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Mantra’s OM Crashes 90% in Bizarre Selloff as Team Alleges ‘Forced Liquidations’

Mantra’s OM Crashes 90% in Bizarre Selloff as Team Alleges ‘Forced Liquidations’

Crypto traders were reminded of Terra’s LUNA early Monday as trendy real-world asset upstart Mantra’s OM token dropped 90% within hours on no sudden catalyst — with conspiracy theories...
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Can Ethereum Be Truly Private? Developers Push for Encrypted Mempool, Default Privacy

Can Ethereum Be Truly Private? Developers Push for Encrypted Mempool, Default Privacy

When the U.S. government sanctioned the Ethereum-based crypto mixing service Tornado Cash in 2022, it ignited a debate within the crypto community that continues three years later. Tornado enabled...
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Rootstock Prepares to Release SDKs for Bitcoin Layer 2s Using BitVMX

Rootstock Prepares to Release SDKs for Bitcoin Layer 2s Using BitVMX

One of the oldest Bitcoin ecosystem projects is moving to the next stage of enabling developers to build layer-2 networks using its computational layer. Rootstock is one of many...
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Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

Justin Sun Calls for Reform of Hong Kong’s Trust Laws After TUSD Misappropriation Allegations

HONG KONG—It was a battle of stablecoin issuers Thursday afternoon in Hong Kong, with Justin Sun, the founder of the Tron blockchain, and First Digital Trust (FDT), a Hong...
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Crypto ETFs Gaining Massive Popularity Among U.S. Advisors as ‘Reputational’ Risk Gone

Crypto ETFs Gaining Massive Popularity Among U.S. Advisors as ‘Reputational’ Risk Gone

Las Vegas—Financial advisors in the U.S. are committed to crypto exchange-traded funds (ETFs) and are ready to increase their holdings this year. During a presentation at the Exchange conference...
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The SEC Resets Its Crypto Relationship

The SEC Resets Its Crypto Relationship

The U.S. Securities and Exchange Commission is looking to reset its relationship with the crypto industry, even before a permanent chair is confirmed by Congress. The latest effort was...
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Deribit Launches Block RFQ System to Improve Liquidity for Large Over-the-Counter Trades

Deribit Launches Block RFQ System to Improve Liquidity for Large Over-the-Counter Trades

The new system, tailored for high-volume traders, enables direct negotiation of block trades with improved efficiency and liquidity.
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Here’s How Mainland China Allows Chinese Traders Access to BTC

Here’s How Mainland China Allows Chinese Traders Access to BTC

Beijing isn't going to allow crypto exchanges to directly operate BTC in China, but there might be a way that Hong Kong crypto ETFs can be traded in the...
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Illicit Crypto Volume in 2024 Hit a Record B in 2024: Chainalysis

Illicit Crypto Volume in 2024 Hit a Record $40B in 2024: Chainalysis

Criminals are no longer using BTC, but instead choosing stablecoins, the report revealed.
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Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations

Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations

The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.
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