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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 and allegations running abound among crypto circles. OM plunged …

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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 users to transfer crypto anonymously. The government …

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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 projects currently advancing the goal of bringing greater utility and …

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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 Kong-based fiduciary, holding press conferences over allegations of fund …

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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

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 mainland.

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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

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

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The Protocol: Sony Launches Blockchain to Controversy

Also: Bubblemaps roadmap; Babylon interoperability

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Why High Net-Worth Investors Are Super Bullish on Bitcoin Right Now

The difference in outlook between traders and high net-worth individuals has never been greater, according to David Siemer, CEO of Wave Digital Assets.

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