ProShares has confirmed plans to launch a set of XRP futures-based exchange-traded funds (ETFs) by April 30, according to an updated April 15 filing with the US Securities and Exchange Commission (SEC). According to the filing, the asset management firm plans to introduce three futures-based funds: the ProShares UltraShort XRP ETF, the ProShares Ultra XRP […]
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However, crypto prices may find a floor in mid-to-late Q2 — setting up a better Q3 — Head of Research David Duong said.
Mantra CEO John Patrick Mullin has proposed burning his allocation of OM tokens in a move aimed at restoring investor confidence after the protocol’s native token suffered a sharp collapse. Mullin said his tokens, part of a broader 300 million OM allocation earmarked for the team, are subject to a cliff until April 2027. Token […]
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Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” following market maker irregularities last month.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Potential stablecoin legislation in the U.S. could drive a nearly 10x increase in stablecoin supply by 2028, according to Standard Chartered.
Treehouse Finance has raised fresh funding at a $400 million token valuation to expand its DeFi fixed-income platform.
Blockchain investigator ZachXBT has spotlighted two individuals, Reef Finance founder Denko Mancheski and X user Fukugo Ryōshu, as potentially linked to the sudden 90% crash of Mantra’s OM token on April 13. On April 14, ZachXBT reported: “The two names I keep hearing tied to the Mantra incident are Denko (Reef Finance founder) and Fukogoryushu […]
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The digital asset market faced another challenging week, with $795 million in outflows recorded across crypto investment products, according to CoinShares‘ latest weekly report. This marks the third consecutive week of declines, underlining growing caution among investors navigating global economic headwinds. The ongoing streak of negative sentiment has pushed total outflows since early February to $7.2 billion. […]
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The sudden collapse of MANTRA’s OM token has sent shockwaves through the crypto market but drove its derivatives trading volume up by an eye-popping 7,000% in just 24 hours. Data from Coinglass reveals that trading activity surged to over $6 billion during this period, with Binance and Bybit accounting for more than half of the […]
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The OM token, native to the Mantra blockchain, suffered a severe market crash on April 13, dropping from around $6.30 to below $0.50 within a single day. According to CryptoSlate’s data, this sharp decline wiped out more than $5 billion from its market capitalization, which nosedived from approximately $6 billion to just $530 million. While […]
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The project disclosed that the plunge was caused by 'reckless forced closures' initiated by centralized exchanges on OM account holders.
Standard Chartered, OKX, and Franklin Templeton launched a pilot trading platform designed to enable institutional clients to use crypto and tokenized money market funds as collateral in off-exchange transactions, according to an April 10 release. Franklin Templeton’s Digital Assets division will contribute tokenized on-chain assets, which OKX clients will be able to integrate into trading […]
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Solana-based token launchpad Pump.fun resumed its livestreaming functionality for all users on April 11, implementing a new set of moderation rules and enforcement mechanisms to curb misuse. The livestream feature has been suspended since Nov. 25, 2024, due to widespread abuse and the platform’s inability to manage user-generated content at scale. In the announcement, Pump.fun […]
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"We see a great opportunity in the market for liquid tokens when you look at current valuations," Node Capital's Amos Meiri told The Block.
The first campaign will be run in collaboration with oracle provider RedStone, which is allocating nearly $6 million RED tokens to the initiative.
NEO and GAS recorded 13% and 30% daily gains as of press time, respectively, fueled by trading activity with Korean won (KRW) pairs on Upbit. According to market data, NEO posted $54.4 million in volume on its KRW pair, while GAS registered $134.6 million, ranking both assets among the day’s top movers across digital asset […]
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The move signals Magic Eden's push beyond NFTs and into broader token trading — aiming to compete directly with centralized exchanges.
Argentina’s Chamber of Deputies has approved the creation of a special congressional committee to investigate the controversial LIBRA memecoin project tied to President Javier Milei. The resolution passed on April 9 with 128 votes in favor, 93 against, and seven abstentions. The committee can summon top government officials and demand records from public institutions. Economy […]
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Argentina's Chamber of Deputies passed three draft solutions to summon and investigate officials, including the minister of economy.
The new token extensions enable users to confidentially shield balances, transfer tokens and mint or burn assets.
World Liberty Financial (WLFI), the DeFi venture partly owned by US President Donald Trump, has launched a proposal to distribute its upcoming stablecoin, USD1, to existing WLFI token holders. The initiative is intended to test the airdrop infrastructure in a live environment and show appreciation to the project’s early backers. According to WLFI, the airdrop […]
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The proposed test aims to ensure technical stability of its airdrop system and reward early supporters, the project said.
Janover Inc., a real estate data platform, is undergoing a significant transformation after a group of former Kraken executives acquired a controlling stake. According to an April 7 statement, the company is rebranding to DeFi Development Corporation and redirecting its focus to decentralized finance, beginning with Solana. Janover explained that it has adopted a new […]
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Solana (SOL) fell sharply in the past 24 hours, dipping below the psychological $100 threshold as broader market uncertainty triggered heavy sell pressure. According to CryptoSlate data, SOL slid more than 15% during the reporting window, briefly touching $96 before recovering to around $101 at press time. The decline marked a 14-month low for the […]
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"The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," said Paolo Ardoino.
Standard Chartered says bitcoin could benefit from rising tariff risks as signs of "U.S. isolationism" begin to shape market sentiment.
Stablecoins are one of crypto's clearest success stories — and VCs are treating them as a serious long-term bet. Here’s why.
The Pi Network community is growing increasingly frustrated as the token hits record lows and users voice concerns over the project’s direction. On April 3, Pi Network Turkey, the largest community group supporting the project in the region, released a statement accusing the team of sidelining user voices. According to the group, the developers have […]
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Solana has experienced its largest single-day token unlock, with more than $200 million worth of SOL entering circulation as investor interest in the network weakens. According to blockchain analytics platform Arkham Intelligence, over 1.3 million SOL tokens were released from staking on April 4. The firm reported that this is the biggest single unlock of […]
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