MANTRA’s OM Token Crashes 90% Amid Insider Sell-Off Allegations

The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA, known for tokenizing real-world assets (RWAs) and its partnerships with Google Cloud … Read more

4.5M ETH Burned, Yet Supply Grows: Ethereum’s Deflation Dilemma

Three years after Ethereum’s London Hard Fork aimed to curb supply growth, the network remains inflationary, defying initial deflationary promises. Ether’s Deflation Promise Continues to Remain Unmet As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. … Read more

Bitcoin Sees First Discount in South Korea in 4 Months Amid Trump’s Trade Turmoil

Bitcoin’s valuation in South Korea took an interesting turn last week, dipping into a discount amidst the dramatic volatility rocking global financial systems. This marked the first instance of such a discount in nearly four months, breaking a streak where the country consistently observed a premium. Trump’s Tariffs Spark Unusual Bitcoin Discount in South Korean … Read more

Blackrock Sees $84 Billion Inflows in Q1 As ETFs and Tech Services Fuel Growth

Blackrock posted strong Q1 2025 results, driven by record exchange-traded fund (ETF) inflows and expanding tech service revenues. The firm saw $84 billion in net inflows and a 12% revenue increase, highlighting growing investor demand across asset classes. Blackrock’s Q1 Earnings Soar with Record Ishares ETF Demand Blackrock kicked off 2025 with a robust first … Read more

Bosera Hashkey Ether ETF Gains SFC Nod for Ethereum Staking

Hong Kong’s Securities and Futures Commission (SFC) has approved the Bosera Hashkey Ether exchange-traded fund (ETF) to engage in ethereum staking, marking a first for the Asia-Pacific region. Milestone for Hong Kong: Ether ETF Cleared for Staking Activities The Bosera Hashkey Virtual Asset Ether ETF (stock codes: 3009.HK/9009.HK), jointly managed by Bosera International and Hashkey … Read more

Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes

Local media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction is due to the central bank’s lack of support for these initiatives during the second phase of the CBDC pilot. Brazilian CBDC Pilot Drex Affected by Company Withdrawals Following Resource Cutbacks Drex, the … Read more

Bitcoin Maturing as Macro Asset Amid Market Turmoil, Expert Says

James Toledano says bitcoin’s measured response to a significant sell-off, triggered by U.S. “reciprocal” tariffs, highlights its growing maturity as a macro asset. Bitcoin Is a Maturing Macro Asset After weeks of seemingly moving in tandem with equities and other traditional assets, bitcoin ( BTC) showed a measured reaction to a historic sell-off sparked by … Read more

Pakistan Explores Allocating its Surplus Electricity to Bitcoin Mining

Pakistan is exploring bitcoin mining and AI data centers as a way to utilize its surplus electricity, with plans to foster innovation, boost exports, and create tech jobs through crypto regulation and infrastructure support. Turning Watts into Wealth: Pakistan Leverages Excess Energy for Crypto Mining Pakistan is looking to bitcoin mining and artificial intelligence (AI) … Read more

Standard Chartered, OKX Launch Collateral ‘Mirroring’ Program for Institutional Crypto Trading

Institutional traders can now leverage cryptocurrencies and tokenized money market funds as off-exchange collateral, thanks to a new program launched by Standard Chartered and OKX. Boosting Institutional Investor Confidence Standard Chartered and OKX have unveiled a “pioneering” collateral mirroring program, enabling institutional clients to utilize cryptocurrencies and tokenized money market funds as off-exchange collateral for … Read more

Bitcoin Set to Go ‘Nuclear’ as Governments Flood the World With Fiat, Says Strike CEO

The trade war initiated by Trump has rattled global markets, and Jack Mallers, the CEO of Strike, posits that bitcoin stands poised to “go nuclear” when additional fiat currency enters circulation. Mallers: Debasement of Currency Will Propel Bitcoin to Unprecedented Heights Major stock indexes slumped between 2.81% and 5.04% on Thursday in the wake of … Read more