Mantra to Burn $160M OM Tokens, 50% From DAO’s Founder, Following 90% Price Crash
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CoinDesk
Mantra OM News: Founder to Burn $80M of Own Tokens Following 90% Price Drop
The tokens are part of John Mullin's team allocation that were staked when the network first started in October 2024.
Bithumb to Split in Two as Crypto Exchange Inches Toward South Korean IPO
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CoinDesk
Bithumb to Split Into Crypto Exchange, Investment Arm Before Planned South Korean IPO
A filing on the country's corporate registry shows the exchange registered a new entity in preparation for an IPO.
Bitcoin Runs Into Resistance Cluster Above $88K. What Next?
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CoinDesk
Bitcoin Runs Into Make-or-Break Price Resistance Cluster Above $88K. What Next?
Behavioural aspects of trading could influence whether bitcoin continues its rally or faces a new downturn from the resistance zone.
Ripple’s RLUSD Stablecoin Goes Live on Aave V3 Ethereum Market
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CoinDesk
Ripple, XRP News: RLUSD Stablecoin Adoption Gets a Boost With Aave Market Launch
Aave users can supply and borrow the stablecoin on the lending platform's V3 Ethereum Core market.
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls
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CoinDesk
How Some Bitcoin Mining Firms Try to Game U.S. Customs Controls
The bitcoin mining industry routinely underreports the value of imported ASIC shipments to the U.S., multiple sources told CoinDesk.
Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms
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CoinDesk
Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms
ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said.
Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains
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CoinDesk
Interoperability Project Analog Raises $15M to Unify Liquidity Across Blockchains
Digital asset financier Bolts Capital completed the token purchase to bring Analog's total backing to $36 million.