The MANTRA blockchain project announced a company restructuring and layoffs after its native token OM plummeted 90%, primarily affecting the business development, marketing, and HR departments. Founder Mullin emphasized that the layoffs are not due to performance issues but to focus on core products. Despite the challenges, he remains optimistic about the long-term development of MANTRA Chain.

MANTRA Public Chain announces a comprehensive strategic restructuring. CEO John Patrick Mullin stated that the company will extend its runway through layoffs and operational streamlining, aiming to re-enter the market competition by 2026. This is the most difficult decision since the company's founding, in response to the 2025 token crash and market environment changes. The goal of the restructuring is to shift towards profitability and sustainable operations. Market reactions are mixed, and whether the company can regain competitiveness in the future remains to be seen.

Cryptocurrency exchange OKX published a lengthy post on the X platform on December 13, stating that they will respond to the MANTRA team's continuous spread of "misleading narratives" and clarify the facts point by point. Let's see what OKX had to say. (Previous context: $OM 30-minute plummet of 90% "$7.5 billion vaporized"! Official blame: reckless liquidation by centralized exchanges or malicious manipulation&8230;) (Additional background: $OM Prepares to launch token buyback and burn plan, once surged 80%! MANTRA will publish an analysis report on the crash today) Cryptocurrency exchange OKX published a lengthy post on the X platform on December 13, stating that they will respond to the MANTRA team's continuous spread of "misleading narratives" and clarify the facts point by point. OKX detailed the following points in the announcement.

The essay discusses a public dispute between Mantra’s CEO and OKX regarding the alleged manipulation of the OM token's price. OKX accuses coordinated accounts of using OM for collateral to inflate prices, while Mantra’s CEO demands disclosure of OM holdings. OKX claims compliance and has submitted evidence to regulators amidst ongoing legal proceedings.

Today's News Highlights: 1. Interactive Brokers now supports stablecoin deposits 2. The U.S. Office of the Comptroller of the Currency approves license applications for trust banks including Ripple, BitGo, and others 3. Firedancer mainnet officially launched and operating stably 4. Fogo cancels $20 million token pre-sale and switches to community airdrop 5. OKX: Found evidence of manipulative trading of OM price, has submitted evidence to regulators and initiated legal proceedings 6. Insider: Coinbase plans to collaborate with Kalshi to launch an internal prediction market, expected to be announced next week Macro People's Bank of China: Promoting the internationalization of the Renminbi and steadily developing digital RMB The Party Committee of the People's Bank of China held a meeting emphasizing steady advancement of high-level financial opening and safeguarding national financial security. They are actively participating in and promoting reforms to improve global financial governance in line with global governance initiatives.

Mantra CEO urges OM holders on OKX to withdraw tokens amid a dispute over migration dates and process discrepancies. OKX’s proposed December 2025 migration timeline conflicts with Mantra’s governance documents, according to CEO Mullin. The OM token&39;s April 2023 collapse continues to affect migr

MANTRA warns the community after OKX announced a conversion schedule for OM that the project claims is against governance rules. On December 5, OKX announced it would end services and convert before the end of December. MANTRA CEO JP Mullin asserted that this information is inaccurate and causes users to follow an incorrect schedule.

Tensions between blockchain platform Mantra and crypto exchange OKX are rising after Mantra accused the exchange of posting incorrect information about its token migration. In a Monday X post, Mantra CEO John Patrick Mullin urged users of centralized cryptocurrency exchange (CEX) OKX to withdraw th

While cryptocurrencies painted their price charts red, the Mantra community is voting on a strategic proposal that aims to supercharge the brand’s global expansion. The proposal, released today (October 30), highlights the platform’s plan to retire the ERC20 version of $0M and consolidate the

Backed by key investors and stakeholders the buyback will be executed transparently over several months across publicly traded centralized exchange venues Including Inveniam’s $20,000,000 investment, total commitments now reach $45,000,000, reinforcing institutional confidence in OM and MANTRA’s

Mantra will fully migrate its OM tokens from Ethereum to its native chain by January 15, 2026, coordinating with exchanges for a smooth transition. The project plans to revise staking and validator rules, setting a 2.5 billion token cap and an 8% annual inflation rate for improved staking returns.

Abstract 1. This week, BTC and ETH fell by 7.58% and 9.81% respectively, as cryptocurrencies entered a period of adjustment after a significant rise. 2. U.S. retail sales rose by 0.5% in July, marking a significant increase for the second consecutive month. 3. Wormhole plans to acquire StarGate at a high price and requests to suspend the "LayerZero acquisition of STG" vote. 4. MANTRA proposes to abolish ERC20 OM, intending to adjust the token inflation rate to 8%. 5. The number of active addresses on Bitlayer has increased by 118% in the past 7 days, and its TVL ranking has risen to the top position in the BTC L2 track. 6. The outstanding borrowing scale of CeFi reached 17.78 billion USD, a month-on-month increase of 14.66%. Market Interpretation Market Commentary BTC market

In July 2024, MAG Group announced a $500 million tokenization pilot with blockchain platform Mantra, aiming to bring Dubai’s luxury real estate on-chain. The plan turned heads across both crypto and property markets, promising high-yield vaults targeting 8% APY, boosted by $OM token incentives, and

OM down 96% as MANTRA gains $20M backing from Inveniam. MANTRA targets RWA growth with UAE regulatory support. Key updates expected during August 7 community call. The OM token, native to the MANTRA blockchain ecosystem, has experienced a massive decline

The Mantra Token OM is currently consolidating around $0.28 after experiencing a big pump of 52% on July 20. Key technical indicators show that the 20-day Exponential Moving Average (EMA) and the 50-day Simple Moving Average (SMA) have formed a golden cross pattern for the first time since January, releasing a strong bullish signal. If the key support area of $0.25-$0.26 holds, OM is expected to challenge the psychological target of $0.50. On the fundamental side, the Mantra on-chain RWA (real-world assets) ecosystem continues to expand, with on-chain assets exceeding $119 million, and has reached a $200 million asset tokenization cooperation with Brazil's largest exchange.

After experiencing a 90% crash in April, the Layer 1 public chain MANTRA focusing on the tokenization of real-world assets (RWA) has made a strong rebound. On July 22, it surged by 46.27% in a single day to $0.34, with trading volume skyrocketing by 3496% to surpass $1.1 billion. Analysts point out that $0.50 is a key psychological resistance level, and if it breaks through, it is expected to challenge the $1 target price and even the all-time high (ATH). This comeback occurred without any significant favourable information, highlighting the project's intrinsic momentum, but whether the upward trend can be sustained remains to be seen.

After suffering a massive crash in April, MANTRA (OM), a Layer 1 blockchain focused on real-world asset (RWA) tokenization, appears to be making a comeback

South Korea's leading cryptocurrency exchange Bithumb has announced that it will list two new assets, Humanity Protocol (H) and MANTRA (OM), on the Korean won (KRW) trading pair. Bithumb is adding KRW trading pairs for Humanity Protocol (H) and MANTRA (OM). Trading for both assets

LINK, SUI, and OM maintain strong liquidity despite short-term sell pressure. Stellar’s fundamentals remain intact with over 31 billion tokens circulating. Long-term supply caps and strategic use cases position these tokens for high-growth scenarios. As the cryptocurrency market navigates

Whales show distrust in Mantra's recovery with massive sell-offs, leaving over 93% of holders in losses. Retail interest rises, but the downtrend might not reverse without sustained accumulation. OM faces challenges with low volume and high uncertainty, requiring a narrative shift and institutional support for potential recovery.

Will XRP really surge to 27 dollars this summer? One analyst believes it could - and he is supporting that with a very specific timeline and chart. The crypto analyst EGRAG Crypto, known for his long-term predictions about XRP, has made a bold update: om.

Mantra (OM) has experienced a surge in price and trading volume after being listed on a new exchange, indicating positive market engagement. Technical indicators show a potential shift in momentum, with ongoing ecosystem developments enhancing the token's credibility. However, uncertainty remains in the dynamic crypto market.

Key Highlights:

Upbit, Güney Kore'nin en büyük kripto para borsalarından biri, KRW, BTC ve USDT işlem çiftleri ile MANTRA (OM)'in listelemesini duyurdu. Piyasa istikrarını sağlamak için geçici ticaret kısıtlamaları uygulanacaktır. MANTRA (OM) token, varlık tokenizasyonu ve DeFi için özellikler sunarak Upbit'in dijital varlık portföyünü genişletme odaklanmasını yansıtmaktadır.

Upbit listed MANTRA (OM) following a crash that wiped $5.5 billion off its market value, leading to a significant price increase for the token.

MOVE and OM token crashes expose hidden deals. Market makers demand transparency in tokenomics. OTC trades distort supply and price discovery. Recent incidents involving Movement Labs’ MOVE token and Mantra’s OM token have upset the crypto market-making world. Because of these high-visibility co

The Analysis Company Discloses the Altcoin Group They See as Having Growth Potential The cryptocurrency analysis company Alphractal stated in its latest analysis that the decentralized finance (DeFi) sector has strong price rise potential in the coming months. According to analysis, the level of dominance in the DeFi sector has reached a significant area, and the positive reaction from this level has supported many altcoins. Alphractal has listed the following projects among the prominent altcoins in the DeFi category: Chainlink (LINK), Hedera (HBAR), Avalanche (AVAX), Mantra (OM), Uniswap (UNI), Aave (AAVE), Dexe (DEXE), Jupiter (JUP), Ethena (ENA) and Maker (MKR). The analysis company notes that the bullish market signals for DeFi have strengthened as Bitcoin's dominance begins to wane. According to analysts, particularly the signs of recovery in this sector of the market may attract investors' attention once again. On the other hand, there is information indicating that short-term Bitcoin investors ( those who hold for 1 month or less ) are currently ineffective in the market. Alphractal states that this group of investors typically acts actively during previous market booms, according to current data, this group only holds 2.36 million BTC.

The token MANTRA (OM) stands at 0.3987 USD with a slight daily growth of 0.77%, showing signs of activity in the bull and bear market of DeFi and Web3. Current state of the token OM (Mantra) “`html The OM token of MANTRA is currently trading at 0.3987 USD, with a market capitalization of

The Mantra team leader and CEO John Patrick Mullin announced the process of OM cryptocurrency token burning, aiming to allocate 150 million OM tokens and a similar amount belonging to key ecosystem partners to enhance transparency and rebuild trust in the community.

The founder and CEO of Mantra, John Mullin, has begun burning 80 million OM tokens to regain user trust following the incident with this token in early April. However, the question of the underlying reasons that led to the incident remains unanswered. Natalie Newson, senior blockchain investigator at

Mantra CEO to burn 150M OM tokens to rebuild trust after the 90% Mantra price crash. 81% of the community has backed the burn proposal. While some are optimistic about the impact of the token burn, the OM price continues to struggle at $0.50. After the dramatic 90% Mantra price crash on

Mantra plans to burn 300 million OM tokens, aiming to boost staking rewards. The bold move follows a 90% price crash, with a total supply reduction of 16.5%. Despite the burn announcement, investor confidence remains low, reflected in a 3.3% price drop in the past 24 hours.

Mantra, the platform specialized in tokenization of real-world assets (RWA), has announced a burn of 300 million OM tokens, equivalent to approximately 16.5% of the total supply, with an estimated value of 160 million dollars. This decision comes at a critical time for the platform, which has

John Patrick Mullin, CEO of Layer 1 blockchain MANTRA, plans to burn 150 million OM tokens, valued at $82 million, to rebuild trust in the network after a significant drop in OM value. Mullin's decision aims to show commitment to the project and ecosystem. The company considers increasing the burnt tokens to 300 million to enhance staking rewards. Voters support the token burn plan, with over 81% in favor. Despite initial market fluctuations, the price of OM has seen short-term increases following the announcement.

JP Mullin, CEO of OM MANTRA, announced a 300 million token burn following a severe price plunge. The community hopes the token will recover post-burn, with the team engaging key partners for an additional 150M tokens burn. The price drop led to suspicions of a sell-off; however, the burn commitment has brought slight gains but reviving remains uncertain. The token burn is expected to reduce supply, potentially impacting the token's value positively.

Mantra DAO proposes burning 300 million OM tokens to restore community trust. Market reaction has been negative, with OM price dropping despite reduced supply. Staking implications and overall market context, with Bitcoin leading broader crypto recovery.

Mantra's CEO, John Patrick Mullin, initiated the unstaking of 150 million OM tokens to tighten the token supply, aiming to restore OM's value and increase staking APR. This move follows a significant OM price drop and is part of Mantra's efforts to regain community trust through transparency and token burn initiatives.

MANTRA's CEO John Patrick Mullin is burning 150 million OM tokens to restore trust after a 90% value drop. This move aims to reduce token supply and enhance transparency in the project. The token burn is part of the strategy to stabilize the project's economy and increase staking rewards. MANTRA's efforts to address investors' concerns and improve transparency are crucial for regaining trust in the project.

In a powerful display of commitment and confidence, the CEO of MANTRA, John Patrick Mullin, is preparing to launch a major cryptocurrency token burning event that is creating waves of excitement in the OM community. Get ready to delve deeper into why this strategic move could be a turning point.

John Patrick Mullin, Founder and CEO of Layer 1 blockchain MANTRA, plans to burn 150 million OM tokens to rebuild trust in the network. The sudden OM token drop led to shock in the community, prompting Mullin's token burning decision aiming to eliminate tokens from circulation, potentially benefiting remaining holders. Mullin denies involvement in the token's decline and announces negotiations to burn an additional 300 million tokens to enhance staking rewards. Despite the temporary price increase post-announcement, OM's value has since dropped.

In a powerful display of commitment and confidence, MANTRA’s CEO, John Patrick Mullin, is set to ignite a massive crypto token burn event that’s sending ripples of excitement through the OM community. Get ready for a deep dive into why this strategic move could be a game-changer for MANTRA and its n

According to Mars Finance, the founder of MANTRA will burn OM tokens worth $82 million to "rebuild trust," after the token experienced a big dump that resulted in a $5 billion market capitalization evaporation. On April 13, the founder of the first layer blockchain MANTRA announced a big dump of over 90% in a single day and will destroy 150 million tokens worth $82 million at current prices to "rebuild trust." John Patrick Mulin, the founder and CEO of the first layer blockchain MANTRA focused on real-world assets, announced plans to burn his holdings of 150 million OM Tokens, aiming to "rebuild trust" and demonstrate a "steadfast commitment to building the network." MANTRA also revealed that it is "continuing discussions with key ecological partners" and plans to increase the total amount to be burned to 300 million coins (approximately 16.5% of the total supply of 1.8 billion). "This strategic burn will reduce the binding ratio from 31.47% to 25.3.

The broader cryptocurrency market stabilized last week as Bitcoin consolidated and investors kept an eye on the macro tensions between Donald Trump and Jerome Powell. While AI tokens like Bittensor and Render surged, attention is now shifting to the top three altcoins:

MANTRA CEO John Patrick Mullin announced burning 150 million OM tokens from team allocation, aiming to fulfill a promise made to the community. This burn will reduce the total token supply and is expected to increase staking rewards due to decreased token circulation. Talks with ecosystem partners may lead to burning an additional 150 million OM tokens, totaling 300 million burned tokens if successful. Despite an initial positive response in the token's price, a 5% loss was observed within the last 24 hours.

Mantra (OM) is negotiating to burn a total of 300M tokens, starting with 150M of the allocation of John Mullin, the project’s founder. The token burn will also change the staking reward ratio Mantra (OM) will attempt to rescue its token with a burn. The allocation of the project’s founder, John Mu

MANTRA CEO burns $87 million worth of OM tokens to restore trust after a 90% collapse. The total supply will be reduced by 150 million tokens, aiming to stabilize the project's economics and boost staking rewards. Transparency measures include a real-time dashboard to address investor demands for clarity. MANTRA's actions aim to rebuild confidence in the project amidst market challenges.

Standard Chartered Bank reported that Base caused Ethereum's market value to evaporate by $50 billion, and lowered its price target to $4,000; Vitalik proposes to replace the current EVM with RISC-V to improve Ethereum execution efficiency; Crypto VCs generally do not make money, and have received rich returns in the Web3 field; Arbitrage is a trading strategy that uses price differences to make profits; The lessons of the OM market capitalization crash show the ripple effects that on-chain risk can cause.

MANTRA CEO announces the burning of 150 million OM tokens allocated to the team, fulfilling their token burning commitment. This will reduce the total supply from 1.82 billion OM to 1.67 billion OM by April 29, 2025. Additionally, discussions are ongoing for the burning of an additional 150 million OM tokens with strategic partners, aiming to remove a total of 300 million OM from circulation.

The trading week opens with a widespread pessimistic sentiment in the crypto market as Mantra (OM) experiences a sharp fall, leading to a wave of risk reduction. While fear dominates most sectors and many tokens face downward pressure, AI-related assets (AI) are going against the trend. In