A talisman reveals encryption liquidity problems, and a declined coinbase: the financing has been redefined
The feelings of Crypto Investor achieved great success this week after the Mantra om symbol collapsed with more than 90 % within the hours of Sunday, April 13, which led to comparisons in the knee with previous black raw events such as Terra collapse.
Elsewhere, the Coinbase report to institutional investors added to fears by highlighting that cryptocurrencies may be in the bear market until the recovery occurs in the third quarter of 2025.
The distinctive symbol is presented on “critical” liquidity issues in encryption
The collapse of the last distinctive symbol of Mantra highlights a problem in the encryption industry represented in the fluctuation of weekend liquidity levels that create additional fluctuations on the downside, which may have exacerbated the code breakdown.
Mantra (Om) Distinguished code price It collapsed with more than 90 % On Sunday, April 13, from about $ 6.30 to less than $ 0.50, which led to allegations of market manipulation among investors disappointed, Cointelgraph said.
While the Blockchain analysts are still gathering the reasons behind the collapse of the om, the event highlights some decisive problems of the encryption industry, according to Grace Chen, CEO of Cryptocurrency Exchang.
“The distinctive symbol crashes have been subjected to many critical problems that we see not only in om, but also as an industry,” Chen said during the Cointelegraph’s Daily X series. DisplayAdding:
“When it is a very focused symbol, the focus of wealth and very transparent governance, as well as sudden exchange flows and external flows, […] Along with forced liquidation during the liquidity hours it is very low in our industry, creating a significant decrease. “
Crossing in the bear market, most likely recovery in Q3 – Coinbase
The monthly market review that has been circulated publicly Crypto Excination Coinbase in the United States shows that although the encryption market has contracted, it appears to be preparing for a better quarter.
According to Coinbase on April 15th per month Expectations For institutional investors, the Altcoin market ceiling decreased by 41 % of its highest level in December 2024 from $ 1.6 trillion to $ 950 billion by mid -April. BTC Tools data shows that this scale has touched the minimum of $ 906.9 billion on April 9 and reached 976.9 billion dollars at the time of writing this report.
It is said that the financing of the investment capital for encryption projects decreased by 50 % to 60 % from 2021-122. In the report, the head of Coinbase, David Duong, highlighted that the new winter Crypto may have.
He said: “Many of the close signals may indicate the beginning of the new” winter encryption “because some extremist negative feelings have reached the beginning of global definitions and the possibility of more escalation.”
I tried the details of the founder of Manta Zoom Hack by Lazarus, which used the very real “legal faces”
The co -founder of the Manta Network said that he was targeting an advanced hunting attack on the enlargement that used live records for familiar people in an attempt to attract him to download harmful programs.
The meeting looked real with the suicide person’s camera, but the lack of sound and a suspicious demand to download a text program that raises red flags, Li He said On April 17.
“I could see their legitimate faces. Everything looked very real. But I couldn’t hear them. He said that Takbari needs to be updated. But I asked me to download a text file. I left immediately.”
Then he asked me to commit suicide to verify themselves on a telegram call, however, they did not comply and started erasing all the messages and banning it shortly after.
He told me North Korea Lazaros Group It was behind the attack.
the Manta Network The co -founder managed to snap his conversation with the attacker before deleting the messages, during which Li initially suggested transferring the call to Google Meet.
Speaking to CointeleGraph, he told me he believed that the live shots used in the video call were taken from previous records of the real team members.
“The quality created. The quality appears to be the quality of the typical webcam.”
Artificial intelligence symbols, Memecoins dominate encryption novels in the first quarter of 2025: Coingecko
The cryptocurrency market still recycles old novels, with new trends after its appearance and the leading topics were replaced in the first quarter of 2025.
artificial intelligence Distinguished symbols and mechanics were dominant encryption novels in the first quarter of 2025, representing 62.8 % of the benefit of investors, according to a quarterly research report submitted Coingecko. AI Tokens acquired 35.7 % of the interests of global investors, with a share of 27.1 % of Memecoins, which remained second.
Among the 20 best encryption novels for a quarter, six micoin categories while five were linked to Amnesty International.
“It seems that we have not seen another new novel, and we are still following the directions of the previous chapters,” said Bobby Ong, co -founder and director of implementation at Coingecko, on April 17. mail. “I think we are all tired of the same old directions that repeat themselves.”
Crypto lending 43 % from 2021 higher, Defi borrowing rises 959 %
The size of the Crypto Linding Market market remains a significant decrease from its height of $ 64 billion, but the decentralized financing (Defi) has made recovery more than 900 % of its lowest level in the bear market.
Empowerment of coding lending Bares for their use of encryption holdings as a guarantee to obtain encryption loans or Fiat, while lenders can use their holdings to generate attention.
The encryption lending market fell more than 43 %, from its highest level ever 64.4 billion dollars in 2021 to 36.5 billion dollars at the end of the fourth quarter of 2024, according to the Galaxy Digital research research a report Posted on April 14.
“This decrease can be attributed to lenders on the side of the supply, money, individuals and corporate entities on the side of demand,” said Zac Bokorn, a researcher at Galaxy Digital.
The decrease in the coding market began in 2022 when the central lenders (CEFI) Genesis, Celsius Network, BLOCKFI and Voyageer were submitted with bankruptcy within two years with decreased encryption assessments.
Their mass fall led to an estimated 78 % collapse in the volume of the lending market, with CEFI lending 82 % of its open borrowers, according to the report.
Defi market overview
According to data from Cointelegraph Markets Pro And TradingView, most of the 100 most encrypted currencies ended according to the week’s market value in green.
Decentralized exchange (DeX) Raydium (Ray) rose more than 26 % as the largest winner of the week, followed by AB Blockchain (dad) Useful symbol, with an increase of more than 19 % on the weekly graph.
Thanks for reading our summary of the most influential Defi developments this week. Join us next Friday for more stories, visions and education regarding this dynamically advanced space.
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