BNB Chain Overhauls $100M Incentive Program with Direct Token Investments

BNB Chain is making a significant pivot in its strategy to support on-chain growth, following feedback from its community and ecosystem partners. The blockchain network has revamped its $100 million incentive program, moving away from its initial focus on centralized exchange listings, and opting instead for a direct investment model that involves purchasing tokens from…

Mantra CEO Attributes 90% OM Token Crash to Forced Liquidations by Centralized Exchanges

Mantra (OM), the much-hyped real-world asset-focused blockchain project, experienced a dramatic price collapse over the weekend, raising serious questions about transparency, trust, and the power centralized exchanges hold in the crypto market. On April 13, OM’s price nosedived by over 90%, plunging from around $6.30 to under $0.50 in just a matter of hours. The…

Ethereum Fluctuates as Bybit’s ETH Reserves Rebound Following Lazarus Group Hack

Ethereum’s price remained relatively stable over the weekend as the market digested the shocking $1.4 billion hack attributed to North Korea’s Lazarus Group. On Sunday, ETH traded at $2,795, recovering slightly from Friday’s low of $2,665. However, it remains roughly 32% below its December 2023 peak. Data from Coinglass suggests that Ethereum balances on Bybit…