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The Layer 2 network saw its MNT token reach a fresh high after the Mantle team launched a new app that lets users manage crypto and fiat. MNT, the native token of the Ethereum Layer 2 network Mantle, reached a new all-time high of $2.47 late on Monday, Oct. 6. The price surge coincided with the launch of UR, a Mantle-based app that seeks to bridge traditional finance and DeFi.First announced as a “smart money app” by Mantle in June of this year, UR offers users a unified platform to manage both digital and fiat assets. The platform is also…
The only two cryptocurrencies bigger than BNB are BTC and ETH. The native token of Binance appears unstoppable lately, with its price surging by 50% on a monthly basis. Just recently, it reached a new all-time high of almost $1,300, while its market cap surged to $180 billion. BNB Price, Source: CoinGecko This means that BNB is now the third-largest cryptocurrency, surpassing Ripple’s XRP, which has a capitalization of approximately $178 billion. Furthermore, the asset has exceeded the total market value of world-renowned companies such as Boeing, Deutsche Telekom, and Sony. One of the famous individuals who controls or is…
In brief CleanCore added at least 100 million DOGE to its treasury, giving it more than 710 million DOGE in holdings. The firm said it now sits on more than $20 million in unrealized gains given Dogecoin’s rise in recent weeks. Shares of ZONE are up nearly 7% on the day, but down 32% in the last month. Publicly traded cleaning and disinfecting firm CleanCore bolstered its Dogecoin (DOGE) treasury to more than 710 million DOGE, worth at least $182 million, amid the leading meme coin’s latest price surge.The firm is now more than 71% of the way to its…
North Korea-linked hacking groups have stolen more than $2 billion worth of crypto assets so far this year, according to a new analysis from blockchain forensics firm Elliptic, the largest annual total ever recorded, and with three months of 2025 still to go.The new data underscores Pyongyang’s growing dependence on cyber-enabled theft to fund its weapons programs. According to the United Nations and multiple intelligence agencies, proceeds from these hacks are used to finance North Korea’s nuclear and ballistic missile development.“The scale of crypto theft attributed to North Korea this year is unprecedented — and a clear indication of how…
The index will track both digital assets and publicly traded crypto-linked companies. S&P Global (NYSE: SPGI) announced on Tuesday, Oct. 7 that it is expanding its crypto index offerings with the launch of a new benchmark that tracks both cryptocurrencies and traditional stocks tied to the crypto industry.Called the S&P Digital Markets 50 Index, the benchmark will include 35 publicly traded companies involved in blockchain, digital asset operations and infrastructure, and fintech, along with 15 major cryptocurrencies, according to a press release. The index was developed by S&P Dow Jones Indices in partnership with Dinari, a company that specializes in…
In brief BNB leads the top 10 coins by market cap with 85.6% YTD gains, far outpacing Ethereum and Bitcoin. The rally has been fueled by interest in the Aster DEX, surging on-chain activity, and institutional interest. Experts have queried whether the rally is sustainable, pointing to overbought technical indicators. While Bitcoin and Ethereum have grabbed headlines with new all-time highs in recent weeks, BNB has quietly outperformed its top-ten crypto rivals over the past year.Year-to-date, BNB’s 85.6% gains put it at the front of the pack, dwarfing Ethereum’s second place returns of 37.7%. Of the top 10 cryptocurrencies by market…
Ethereum continues to show strength, currently trading around $4,670 as it edges closer to the midline of its ascending channel. The market has maintained a steady recovery since late September, but signs of local exhaustion are beginning to appear, suggesting a potential short-term pullback before another push higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH remains firmly within its rising channel structure, supported by the 100-day moving average near $3,900 and the 200-day around $3,000. The price is approaching the $4,800 resistance zone, a key level that has repeatedly capped rallies over the past couple…
In brief U.S. spot Bitcoin ETFs recorded $1.19 billion in net inflows on October 6, the highest single-day total since July 10. BlackRock’s IBIT dominated with $970 million, becoming the asset manager’s most profitable ETF in barely 2 years since launch. Analysts say the surge points to institutional hedging during the U.S. government shutdown, but retail sentiment remains muted, and technical indicators suggest caution. U.S. spot Bitcoin exchange-traded funds, or ETFs, recorded their strongest day of inflows in nearly three months on Monday, pulling in $1.19 billion amid renewed institutional confidence as Bitcoin consolidates near record highs.BlackRock’s iShares Bitcoin Trust…
S&P Global has entered the crypto arena with the launch of the S&P Digital Markets 50 Index, a first-of-its-kind benchmark tracking both digital assets and publicly traded crypto-related companies. Developed with Dinari, a U.S. platform specializing in tokenized public securities, the index includes 35 equities and 15 cryptocurrencies drawn from S&P’s digital asset suite. In other words, the index will combine 15 major cryptocurrencies with 35 crypto-related stocks. Eligible companies include those involved in crypto operations, blockchain technology, and other related sectors, according to S&P. Dinari will issue a tokenized version through its dShares platform by year’s end, allowing investors…
Bank of New York Mellon (BK), the world’s largest custodial bank with $55.8 trillion in assets under custody, is testing tokenized deposits in a bid to modernize its global payment infrastructure and keep pace with a growing shift toward blockchain-based finance.The effort, still in the exploratory phase, aims to let clients make payments using tokenized versions of their deposits, Bloomberg reports.These tokenized deposits would move over a blockchain, enabling near-instant settlement and potentially reducing transaction costs.BNY currently handles about $2.5 trillion in payments each day.BNY’s Carl Slabicki told Bloomberg the technology could help banks “overcome legacy constraints,” allowing them to…

