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This crypto hit with $12 million insider trading allegation before crashing 90%

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The OM token from MANTRA DAO crashed over 90% early Monday, wiping out $5.36 billion, with the latest on-chain data suggesting insider transactions may have contributed to the free fall. Specifically, just five hours before the crash, a wallet that had been dormant for over a year transferred 2 million OM, then worth $12.58 million, to another wallet potentially linked to venture capitalist Shane Shin, according to the latest on-chain data retrieved by Finbold from Lookonchain on April 14. OM transactions linked to Shane Shin. Source: Arkham It’s worth noting that Shin, a venture capitalist at Shorooq Partners, has previously promoted MANTRA. However, there is no evidence of wrongdoing on his part. From 300x rally to 90% crash in minutes $5.5B in market value vanished as $OM imploded. pic.twitter.com/eQbeDrKm4o — CoinMarketCap (@CoinMarketCap) April 14, 2025 At the same time, data from crypto intelligence platform Arkham revealed that 17 wallets offlo...

Will this be Trump’s first action to appease the crypto community?

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The cryptocurrency community’s attention is on President-elect Donald Trump and whether he will keep his promises to make the United States a hub for digital asset innovations.  Some of Trump’s promises include firing Securities and Exchange Commission (SEC) Chairman Gary Gensler, stopping the U.S. government from selling Bitcoin (BTC), establishing a strategic Bitcoin reserve, and supporting a comprehensive cryptocurrency policy. Donald Trump’s promises to the crypto sector. Source: Wu Blockchain To this end, Axios crypto reporter Brady Dale has suggested that Trump’s first significant move may involve appointing a new SEC chair to replace Gensler with a more crypto-friendly individual, he said during an interview with Yahoo Finance. Picks for you Analyst sets Dogecoin roadmap to $4 amid Elon Musk’s suppor...

Musk's Neuralink: Why Dogecoin's Creator is Over the Moon

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Musk’s Neuralink has excited the crypto world, especially Dogecoin creator Billy Markus. This new tech could affect more than just medicine. It might even change how we use digital money. Let’s dive right in and see what this means for all of us! Also Read: Cryptocurrency: Why Is BabyDoge Rallying Today? Elon Musk’s Breakthrough: Neuralink’s Impact on Crypto and Beyond Blindsight: A Vision of the Future Neuralink’s latest innovation, Blindsight, promises to restore sight to those who have lost both eyes and their optic nerve. Elon Musk announced this news on X, and you can check out the tweet below. He mentioned that the device is designed to help even those that are blind from birth, which is an absolutely incredible feat! The Blindsight device from Neuralink will enable even those who have lost both eyes and their optic nerve to see. Provided the visual cortex is intact, it will even enable those who have been blind from birth to see for the first time. To set ...

Lucky Block Blazes Past $0.0002030—Is $0.0002500 The Next Target?

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Join Our Telegram channel to stay up to date on breaking news coverage One look at a price chart on CoinMarketCap and it is evident that some bearish forces were activated once the price of Lucky Block broke through the $0.0002100 threshold and then found support above the $0.0002150 level. As a direct result of this, price action has continued to consolidate around the $0.0002166 level. However, it would appear that the bulls in this market have no intention of giving up, as they continue to struggle against the headwind and are putting up a strong fight. Insights on the Future Value of Lucky Block (LBLOCK): Experiencing Strong Gains from $0.0002160 On the LBLOCK/USDT 4-hour chart on CoinMarketCap, activity finally appears to have acquired a foothold above the $0.00021600 price level. Price candles have already begun to recline over the 78.60 Fibonacci level, which demonstrates this phenomenon. In addition to this, the MA line of the Bollinger indicator being employed place...

Bitcoin Whales Accumulating BTC At Current Prices – What Do They Know?

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Source: Santiment/Twitter Bitcoin (BTC) whales are again accumulating BTC, with more and more traders now asking themselves what these whales know that the rest of us don’t. According to data from the crypto analytics platform Santiment, the so-called Bitcoin whales, defined as wallet addresses holding between 100 BTC and 10,000 BTC, have added a total of 46,173 BTC to their holdings since September 27. In a tweet published earlier this week, Santiment called the increase a “sustained accumulation” by whales and noted that this has been “a rarity in 2022.” The firm added that the increase in BTC holdings has come as large holdings of the stablecoin Tether (USDT) have dropped. The finding indicates that some of the largest players in the Bitcoin ecosystem are using stablecoins to add to their BTC holdings. This also means that any price rallies seen in recent days have most likely been stablecoin-driven, without support from a significan...