Crypto News

MANTRA Chain has launched the a $108.8 million investment fund to support high-potential blockchain projects focused on real-world asset tokenization. Blockchain Revolutionizes Finance MANTRA Chain has announced the launch of the MANTRA Ecosystem Fund (MEF), a $108.8 million investment initiative designed to accelerate the growth and adoption of projects within the MANTRA ecosystem. According toSource link

Former policy chief Sarah Wynn-Williams said Meta allegedly compromised U.S. interests and misled lawmakers about its AI dealings with China.Source link

Stablecoin issuer First Digital Trust says it transferred over $500 million in TUSD reserves to the Dubai-based ARIA Fund at the request of Techteryx. Funds Transferred in Multiple Transactions First Digital Trust (FDT), the stablecoin issuer currently embroiled in a bitter dispute with Tron blockchain founder Justin Sun, said it transferred over $500 million inSource link

The worst fears for risk assets, including cryptocurrencies, are coming true, and that has raised the risk of bitcoin (BTC) falling below $74,000 in a move that could shake out leveraged long bets.On Sunday, CoinDesk discussed the possibility of pronounced downside volatility in risk assets due to a potential unwinding of the Treasury market arbitrage bets, a dynamic that catalyzed the 2020 crash.Per observers, the unwinding of the so-called carry trades, involving hedge funds exploiting minor price discrepancies between Treasury futures and securities, has begun. That's evident from the nearly 70 basis points rise in the U.S. 10-year Treasury yield to 4.5%. The 30-year yield has seen a similar rise. Note that yields move in the opposite direction of prices...

Bitcoin and Ethereum plunge as the trade war intensifies, triggering $411 million in total liquidations over the past 24 hours.Source link