TNB TopicalNewsBeats

Crypto, chains and markets — the beat, as it happens

LIVE
Bitcoin MagazineTreasury Sanctions Iranian Crypto Exchange BitBank Over Bitcoin… CoinDeskReal stocks are finally coming on blockchain. Here’s how the SEC… DecryptSecurity Experts Want the US and China to Promise Never to Let AI… CoinDeskThe Ondo Finance succession crisis gets messier as Kathleen Allman’s… DecryptYour Data Could Outlive the Startup You Gave It To. Elon Musk Wants… Bitcoin MagazineBitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale DecryptWhy Is Chipotle Now Working With the CIA-Funded Palantir? DecryptCFTC Opens Door for Crypto Apps to Offer Regulated Derivatives Access Bitcoin MagazineTreasury Sanctions Iranian Crypto Exchange BitBank Over Bitcoin… CoinDeskReal stocks are finally coming on blockchain. Here’s how the SEC… DecryptSecurity Experts Want the US and China to Promise Never to Let AI… CoinDeskThe Ondo Finance succession crisis gets messier as Kathleen Allman’s… DecryptYour Data Could Outlive the Startup You Gave It To. Elon Musk Wants… Bitcoin MagazineBitcoin Price Unlikely To Be Bothered by Interest Rate Hike: Grayscale DecryptWhy Is Chipotle Now Working With the CIA-Funded Palantir? DecryptCFTC Opens Door for Crypto Apps to Offer Regulated Derivatives Access

Cointelegraph

MANTRA token sinks 18% to record low amid blockchain halt

The token recovered to about $0.0044 after setting a new low, while exchanges paused deposits and withdrawals from the halted MANTRA Chain.MANTRA’s native token sank 18.5% from its 24-hour high to a record low shortly before MANTRA Chain stopped producing blocks and its team announced a precautionary halt over an unexplained incident.According to CoinGecko, MANTRA fell from $0.005060 to an…

Photo: Cointelegraph

The token recovered to about $0.0044 after setting a new low, while exchanges paused deposits and withdrawals from the halted MANTRA Chain.MANTRA’s native token sank 18.5% from its 24-hour high to a record low shortly before MANTRA Chain stopped producing blocks and its team announced a precautionary halt over an unexplained incident.

According to CoinGecko, MANTRA fell from $0.005060 to an all-time low of $0.004126 around 11:00 pm UTC on Thursday. It later recovered to about $0.0044 but remained down roughly 10% over 24 hours, while trading volume climbed nearly 600% to $24 million. 

MANTRA said Friday it was “aware of an incident affecting MANTRA Chain” and had halted the network as a precaution while it investigated. “We don’t have a root cause or timeline to share yet,” the project said, adding that all endpoints and transactions were frozen. 

Read more

Originally published by Cointelegraph. Read the full story at the source →

More stories