Mantra Issues Statement Following OM Token Crash, But Key Details Still Missing
The decentralized finance (DeFi) protocol Mantra has issued a new statement addressing the dramatic 92% drop in the value of its OM token on April 13 — but many important questions remain unanswered. In a post dated April 16 and titled “Statement of Events: 13 April 2025,” the Mantra team reaffirmed that no tokens were […]
Dana White Joins VeChain as Adviser to Boost Blockchain Adoption
Dana White, President of the Ultimate Fighting Championship (UFC) and founder of Power Slap, has officially become an advisor for VeChain, a leading layer-1 blockchain platform focused on practical, real-world use cases. His addition to the advisory board is part of VeChain’s larger mission to bring blockchain technology into the mainstream. White joins an impressive […]
Bitcoin Sidelined as Trump and Bukele Prioritize Migration and Trade Talks
On April 14, U.S. President Donald Trump welcomed El Salvador’s President Nayib Bukele to the White House, marking their first official meeting since Trump began his second term. The discussion focused heavily on immigration and trade matters, with cryptocurrency notably absent from the conversation. According to a livestream released by Bukele’s team on X, the […]
Spot Solana ETFs Set to Launch in Canada This Week
Canada is gearing up to introduce its first spot Solana exchange-traded funds (ETFs) on April 16, according to Bloomberg analyst Eric Balchunas. In a post on X dated April 14, Balchunas shared details from a confidential TD Bank client note. The note revealed that the Ontario Securities Commission (OSC) has given the green light to […]
Trump’s World Liberty Financial Acquires $775K in SEI Tokens in Altcoin Acquisition Frenzy
World Liberty Financial, a crypto project backed by the Trump family, recently purchased 4.89 million SEI tokens, worth $775,000, as part of a broader altcoin acquisition strategy, according to blockchain data. On April 12, one of WLFI’s trading wallets acquired the SEI tokens using USDC transferred from its main wallet. This wallet had previously been […]
Mantra CEO Highlights OM Token Recovery as ‘Top Priority’ Despite Being in Early Phases
Mantra CEO John Mullin discussed the challenges surrounding the OM token’s recent drop during a Cointelegraph Ask Me Anything (AMA) on April 14, emphasizing that the token’s recovery remains a top priority for the company, despite being in the early stages of formulating a recovery plan. Mullin reassured the community that both Mantra and its […]
Michael Saylor’s Strategy Firm Acquires $285 Million in Bitcoin Amidst Market Volatility
Michael Saylor’s digital asset company, Strategy, recently made a significant move by purchasing 3,459 Bitcoin for a total of $285.5 million, reaffirming its strong belief in Bitcoin despite ongoing global economic uncertainty. The acquisition of these 3,459 Bitcoins at an average price of $82,618 per coin increases Strategy’s total Bitcoin holdings to 531,644 BTC, which […]
Trump Grants Tech Tariff Relief — Crypto Market Reacts Positively
In a move that may ripple across both the tech and crypto sectors, former U.S. President Donald Trump has announced exemptions for a range of technology-related imports from trade tariffs. Items such as smartphones, semiconductors, laptops, modems, and other electronics are now excluded from the previously proposed retaliatory tariffs. According to the U.S. Customs and […]
Saylor Hints at More Bitcoin Buys as Markets Struggle
Michael Saylor, co-founder of Strategy, has suggested that the company is planning to increase its Bitcoin holdings following a brief pause in accumulation. On March 31, the firm added 22,048 BTC to its reserves, bringing the total stash to 528,185 Bitcoin. Per data from SaylorTracker, Strategy’s Bitcoin portfolio has surged by about 24%, reflecting unrealized […]
Mantra Token Price Drops Over 90% in Just 24 Hours
The value of MANTRA’s OM token has crashed by more than 90% in just 24 hours, sparking widespread concern and speculation in the crypto space. As of April 13, 2025, OM is priced at roughly $0.66, down from a high of about $6.40 the previous day, wiping out billions from its market cap, which once […]