Mantra Collapse Sparks Debate on Trust in DeFi, Says Analyst

Mantra (OM) token experienced a catastrophic DeFi collapse on April 13, losing 90% of its value and erasing $6 billion in market cap. Despite no confirmed hack, large token movements before the crashed raised suspicions of insider trading. Analyst Jean Rausis warned about overhyped Layer 1 blockchains suggesting a return to fundamentals like Ethereum.
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Can ETF Hype Push SOL Past $150? Traders Eye Breakout Levels

Solana (SOL) has gone down by 0.75% in the past 24 hours and currently sits at $132 per token but this cryptocurrency has had a good week as odds that a Solana ETF will be approved by the U.S. Securities and Exchange Commission (SEC) skyrocketed in the past few days.Wagers on Polymarket have raised the […]
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New Phishing Scheme Targets Crypto Futures On MEXC Exchange

JFrog Security Research warned about a sophisticated phishing scheme targeting crypto futures traders on MEXC exchange. The malicious “ccxt-mexc-futures” package overrode legitimate CCXT library functions to redirect user requests to fake domains, stealing API keys and trading credentials. Researchers found multiple versions using common obfuscation techniques to hide malicious code.
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