Bitcoin faces significant fluctuations as the average Funding Rate dips into negative territory across major exchanges. This drop in Funding Rate may signal a bullish sentiment as historically such periods
The post This Token Is Still Priced at $0.025 — But It’s Already Closing In on a $6M Funding Milestone appeared first on Coinpedia Fintech News In a time where many crypto tokens have already experienced their major runs, a few hidden gems still remain at accessible price points. One of those gaining serious attention right now is Mutuum Finance (MUTM) — a decentralized project that’s not only building fast, but also attracting capital at an impressive pace. Despite being priced at just $0.025, the project is already nearing the $6 million mark in presale contributions. That level of early backing is a strong indicator of trust, utility, and expectations for future growth. Mutuum Finance (MUTM) Mutuum Finance has now entered the fourth phase of its ongoing presale. With the current token price set at $0.025, investors are acting quickly before the next phase increases the cost to $0.03. Each earlier phase sold out faster than the last, and the momentum doesn’t appear to be slowing. Over 7,600 holders have already secured their MUTM allocation, aiming to get in before broader public access and price shifts following launch. The increasing attention isn’t solely due to the affordable entry point — it’s driven by the solid foundation and core features backing the project. At its core, Mutuum Finance is a decentralized, non-custodial protocol for lending and borrowing crypto assets. Unlike traditional financial platforms, users remain in full control of their assets at all times. All interactions — from depositing funds to taking out loans — happen through transparent smart contracts on-chain. Mutuum is designed to serve two types of participants: those looking to earn passive income by supplying crypto, and those who need access to funds without selling their holdings. Instead of matching users manually, the protocol offers both automated liquidity pools and flexible direct lending models. This makes the system accessible for those with stable assets as well as those with more volatile holdings. When users supply assets like ETH or USDT into the protocol, they receive a corresponding amount of mtTokens — such as mtETH or mtUSDT. These mtTokens are not just placeholders. They represent the value of the deposited asset, and over time, they automatically accrue interest. This means the longer a user holds their mtTokens, the more they can redeem later. Borrowers, on the other hand, can use crypto they already own as collateral to access liquidity — without needing to sell their assets. This opens up strategies for trading, investing, or covering expenses, while still maintaining exposure to the original asset. A key highlight of Mutuum Finance is its mechanism that involves purchasing tokens and redistributing them to the community. A portion of the protocol’s earnings is used to buy MUTM tokens on the open market, which are then distributed to users who are actively participating in the ecosystem. This approach not only supports price stability, but also rewards long-term holders with real yield, creating a sustainable cycle that benefits the community. To celebrate the growth of its ecosystem, Mutuum Finance is also running a $100,000 giveaway, where ten participants will each receive $10,000 worth of MUTM. This is a strategic move to drive awareness and further expand the project’s already growing base of early adopters. With its presale nearly hitting the $6M mark, a current price of just $0.025, and a clear plan for utility and long-term growth, Mutuum Finance is positioning itself as more than just a short-term play. Its lending and borrowing framework, interest-bearing mtTokens, and reward mechanisms give it real function in the DeFi space. For those looking to invest not just in a token, but in a usable protocol with growing demand, MUTM is proving to be a serious contender. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance
Avalanche price has dropped to a crucial support level and created an early bullish signal, pointing to a potential rebound. Avalanche ( AVAX ) has crashed to the important support level at $20, down by over 65% from its highest level in December. The recent decline has largely been driven by the overall performance of the crypto and stock markets as risk sentiment worsens. Bitcoin ( BTC ) and most altcoins have slipped into a technical bear market this year. Two major risks currently weighing on markets are Donald Trump’s proposed tariffs and growing fears that the artificial intelligence bubble is beginning to burst. At the same time, Avalanche has been steadily losing market share to newer layer-1 projects like Berachain, Base, Arbitrum, and Sui. Its total value locked stands at $1.66 billion which is significantly lower than Berachain’s $3.1 billion and Base’s $2.95 billion. At its peak, Avalanche had over $12 billion in assets. You might also like: Japan’s second largest bank SMBC plans Avalanche stablecoin: report Additional network data shows that Avalanche’s app revenue has deteriorated in recent months. The network generated just $430,000 in March, down sharply from a peak of $52 million in December 2023. Still, Avalanche has made some notable positive headlines. On Monday, it was selected by Sumitomo Mitsui Financial Group, Japan’s second-largest bank, to provide the blockchain infrastructure for its upcoming stablecoin. There are also hopes that the Securities and Exchange Commission will approve a spot AVAX ETF . If approved, the fund would give U.S. investors exposure to AVAX. However, it remains unclear whether investor interest will follow, as recent inflow data shows a strong preference for spot Bitcoin ETFs. Avalanche price technical analysis AVAX price chart | Source: crypto.news The weekly chart shows that AVAX has dropped to the key psychological level at $20. This is a notable support zone, as it held in September last year and triggered a 195% rebound. Avalanche has formed a falling wedge pattern, a popular bullish reversal signal. This formation features two descending, converging trendlines and often precedes a breakout to the upside. If that occurs, the next resistance to watch will be at $30. However, a decisive break below the $20 support would signal further downside, with the next major support at $9, its lowest point in 2023. You might also like: Justin Sun becomes latest crypto mogul to join Forbes’ Billionaires List
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 2547.72, down 1.0% (-26.77) since 4 p.m. ET on Wednesday. Two of the 20 assets are trading higher. Leaders: SUI (+1.0%) and ADA (+0.2%). Laggards: AAVE (-5.3%) and LINK (-4.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
The Trump administration's formation of a U.S. Strategic Bitcoin Reserve might have China re-thinking its hardline stance against crypto and that could be key for accelerated global adoption of BTC, asset manager Grayscale said in a research report Monday. "The most important country to watch in this regard is China," said Grayscale, adding that if the country eases its crypto restrictions "it could significantly boost global adoption." President Trump last month directed his administration to form a Strategic Bitcoin Reserve to — at a minimum — hold the assets that have been seized by the government. Grayscale noted that current Chinese government policy bans most crypto activities, such as trading and mining, but permits the holding of digital assets. Still, "policymakers have allowed an expansion of crypto-related activity in Hong Kong under the 'one country, two systems' framework," Grayscale said. Local regulators may be taking another look at the legal treatment of cryptocurrencies in the country. China's Supreme Court and other judicial bodies had a discussion in February about how to treat digital assets in future legal cases, the report noted. Read more: U.S. Strategic Bitcoin Reserve, Crypto Stockpile a 'Pivotal Moment' for Industry: KBW
In the ever-evolving world of cryptocurrency, trust and transparency are paramount. Imagine a digital asset ecosystem where clarity reigns supreme, where the rules are clearly defined, and reliability is not just a hope but a standard. Exciting news emerges from the Vana blockchain as they introduce the groundbreaking VRC-20 standard, poised to redefine how we perceive and interact with data-driven digital assets. Are you ready to explore how this innovative token standard can bring a new era of transparency to the crypto space? Unveiling the VRC-20 Standard: A New Dawn for Token Standards The VRC-20 standard is not just another addition to the growing list of token protocols; it’s a deliberate step towards fostering greater digital asset transparency . Built on the EVM-compatible Vana blockchain, this standard directly addresses crucial aspects of digital asset management, aiming to instill confidence and robustness in the market. Let’s break down what makes VRC-20 a significant development: Fixed Token Supply: Unlike some tokens with flexible or unclear supply mechanisms, VRC-20 mandates a fixed token supply. This clarity from the outset helps to establish predictability and potentially mitigate inflationary risks. Defined Governance Rules: Governance is key to the long-term viability of any digital asset. The VRC-20 standard requires clearly defined governance rules, ensuring that changes and decisions are made transparently and according to pre-established protocols. Liquidity Conditions: Liquidity is the lifeblood of trading. VRC-20 integrates conditions related to liquidity, aiming to create more stable and accessible trading environments for digital assets built on this standard. These core tenets of the VRC-20 standard are designed to work in synergy, creating a framework that promotes trust and crypto reliability . But why is this level of standardization so critical in today’s crypto landscape? Why is Digital Asset Transparency a Game Changer? Transparency in the digital asset space isn’t just a buzzword; it’s a fundamental requirement for sustainable growth and wider adoption. Consider these key benefits of enhanced transparency: Increased Investor Confidence: When investors can clearly understand the tokenomics, governance, and liquidity of a digital asset, their confidence in the project naturally increases. This can lead to greater investment and market stability. Reduced Risk of Manipulation: Transparent rules and fixed supplies can significantly reduce the potential for market manipulation and insider trading. Clarity acts as a deterrent against malicious activities. Improved Regulatory Compliance: As regulatory scrutiny of the crypto space intensifies, standards like VRC-20 can pave the way for easier compliance. Clearly defined parameters align well with regulatory expectations for accountability and investor protection. Enhanced Market Efficiency: Transparency fosters a more efficient market by providing all participants with equal access to crucial information. This reduces information asymmetry and promotes fairer trading practices. In essence, digital asset transparency is the bedrock upon which a mature and trustworthy crypto ecosystem can be built. The VRC-20 standard is a significant step in this direction. Vana Blockchain: The Foundation for VRC-20 The VRC-20 standard is introduced by Vana, an EVM-compatible blockchain. But what exactly does EVM compatibility mean, and why is Vana the ideal platform for this new standard? Let’s delve deeper into the Vana blockchain : EVM Compatibility: Being EVM-compatible means that Vana can seamlessly run applications and smart contracts designed for the Ethereum Virtual Machine. This opens up a vast ecosystem of tools, developers, and resources, making it easier for projects to build and deploy on Vana. Scalability and Efficiency: Vana likely offers enhanced scalability and efficiency compared to older blockchains, addressing some of the common bottlenecks in the crypto space. This is crucial for supporting a growing number of transparent and reliable digital assets. Focus on Data-Driven Assets: The introduction of VRC-20 on Vana suggests a strategic focus on data-driven digital assets. This specialization could position Vana as a leading platform for projects that prioritize data integrity and transparency. Community and Ecosystem Growth: By introducing innovative standards like VRC-20, Vana is likely aiming to attract more developers and projects to its ecosystem, fostering growth and innovation within its network. The choice of Vana as the platform for VRC-20 is strategic. Its EVM compatibility and likely focus on scalability and data integrity make it a strong foundation for promoting token standards focused on transparency and reliability. VRC-20 vs. Existing Token Standards: What’s Different? The crypto space is already populated with various token standards like ERC-20 and BEP-20. How does VRC-20 differentiate itself, and what unique value does it bring to the table? Let’s compare VRC-20 to understand its distinctive features: Feature ERC-20 (Ethereum) BEP-20 (Binance Smart Chain) VRC-20 (Vana) Focus General-purpose tokens General-purpose tokens Enhanced Transparency & Reliability for Data-Driven Assets Mandatory Fixed Supply Optional Optional Mandatory Defined Governance Optional Optional Mandatory Liquidity Conditions Optional Optional Mandatory Blockchain Ethereum Binance Smart Chain Vana Primary Benefit Versatility and Ecosystem Lower Fees, BSC Ecosystem Increased Trust, Reliability, and Transparency As the table illustrates, while ERC-20 and BEP-20 are foundational and widely adopted, VRC-20 carves out a niche by prioritizing crypto reliability and transparency as core requirements. This focus is particularly relevant for data-driven digital assets where trust and verifiability are paramount. Challenges and Future of VRC-20 While the VRC-20 standard holds immense promise, it’s important to acknowledge potential challenges and consider the future trajectory. What hurdles might VRC-20 face, and what could the future hold for this innovative standard? Adoption Rate: The success of VRC-20 hinges on its adoption by projects and developers. Widespread adoption will require demonstrating clear benefits and ease of implementation compared to existing standards. Ecosystem Development: Building a robust ecosystem around VRC-20, including tools, services, and community support, will be crucial for its long-term viability. Education and Awareness: Educating the crypto community about the benefits of VRC-20 and digital asset transparency is essential for driving adoption and understanding. Potential Evolution: Like all standards, VRC-20 may need to evolve over time to adapt to the changing needs of the crypto space and incorporate new technological advancements. Despite these potential challenges, the VRC-20 standard represents a significant step forward in the pursuit of a more transparent and reliable crypto ecosystem. Its focus on mandatory fixed supply, governance, and liquidity conditions sets a new benchmark for token standards . Actionable Insights: Embracing Transparency with VRC-20 For developers and projects considering launching new digital assets, VRC-20 presents a compelling option. Here are some actionable insights: Evaluate VRC-20 for New Projects: If your project prioritizes transparency, reliability, and data integrity, seriously consider building on the Vana blockchain and utilizing the VRC-20 standard. Contribute to the Vana Ecosystem: Engage with the Vana community, contribute to the development of tools and resources around VRC-20, and help foster its growth. Advocate for Transparency: Support initiatives and standards that promote transparency in the crypto space. Demand greater clarity from projects and platforms you interact with. Stay Informed: Keep abreast of developments in token standards and blockchain technology. Transparency is an ongoing journey, and continuous learning is essential. Conclusion: A Transparent Future Beckons Vana’s introduction of the VRC-20 standard marks a pivotal moment in the quest for a more trustworthy and transparent digital asset landscape. By mandating fixed token supplies, governance rules, and liquidity conditions, VRC-20 sets a new precedent for token standards , enhancing crypto reliability and fostering greater investor confidence. As the crypto space matures, initiatives like VRC-20, which champion digital asset transparency , will be instrumental in driving wider adoption and building a sustainable future for decentralized finance. The journey towards full transparency is ongoing, but VRC-20 illuminates a promising path forward, inviting us to embrace a future where clarity and trust are not just aspirations but the very foundation of the digital asset ecosystem. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum price action.
Over $2 billion was lost to cryptocurrency hacks in the first quarter of 2025. According to a report shared with Cointelegraph by crypto cybersecurity firm Hacken, in Q1 2025, nearly $1.63 billion was lost just to access control exploits. Anmol Jain, vice president of investigations at crypto forensics firm AMLBot, told Cointelegraph that the exceptionally high figure is mainly attributable to the recent hack of the crypto exchange Bybit. The data is similar to that recently shared by crypto cybersecurity firm PeckShield. The competing firm’s report — which excludes scams — suggested that crypto hacks total at $1.6 billion in Q1 2025 . Total 2025 Q1 crypto hack losses by category. Source: Hacken Late February reports indicate that the North Korean hackers behind the $1.4 billion Bybit hack control over 11,000 cryptocurrency wallets used to launder stolen funds. The increasing participation of North Korean state actors highlights increasing sophistication and scale. This hack had a significant impact on this quarter’s figures. This is particularly clear when one considers that the entirety of 2024 saw a total loss of $2.25 billion. Hacken shared a key lesson on the subject: “Securing digital assets requires more than just secure on-chain code — the entire infrastructure, from front-end interfaces to internal processes, must be equally hardened, as all it takes is a single weak spot to wreck the entire system.“ No one is safe Hacken’s report highlighted that the past few months saw “even the biggest centralized and decentralized players falling victim to operational failures, access control weaknesses, and in a few cases, social engineering.” The quarter did not see any notable new exploits, “but rather the continued effectiveness of existing attack vectors.” The report further highlights that, while smart contract vulnerabilities remain an issue, “most damage is now caused by failures in people, processes, or permission systems.” This is also reportedly the third quarter in a row that has seen the top exploit be a multisignature wallet-related hack. The ByBit hackers compromised the Safe{Wallet} front end. Previous hacks involving multisignature wallet implementations or management include the Radiant Capital hack in Q4 2024 and the WazirX hack in Q3 2024. The crypto scam industry Scams also resulted in large-scale damage, with Hacken data attributing $96.37 million of losses to phishing scams and $300 million to rug pulls. Jain also highlighted a troubling trend in crypto scams becoming an industry: “The most worrying trend is the professionalization of scam networks, where criminals operate with startup-like efficiency, including ‘training programs’ for scammers, internal quotas, and multi-stage laundering schemes using platforms like Huione Pay.“ The statement follows mid-January reports that Huione, often described as”“the largest online illicit marketplace to have ever operated”” highlighted that the service has seen its monthly inflows increase by 51% in just half a year . This growth followed the platform's deployment of its USD-pegged stablecoin and financial services dedicated to illegal activities. Anmol highlighted that “most pig butchering scams originate from Southeast Asian cybercrime compounds,” with many being located in Cambodia, Myanmar and Laos, with some presence in Thailand. The operators also often “employ” human trafficked young people from India, Nepal, Vietnam, and the Philippines. Magazine: China’s ‘point running’ crypto scams, pig butchers kidnap kids: Asia Express
Trump's tariffs aim at several nations but may backfire by uniting others. The Fed faces inflation and recession fears while adopting a cautious stance. Continue Reading: Trump’s New Tariffs Tighten Market Tensions and Challenge Crypto Stability The post Trump’s New Tariffs Tighten Market Tensions and Challenge Crypto Stability appeared first on COINTURK NEWS .
Stablecoin protocol Usual has partnered with blockchain security firm Sherlock to launch a $16 million bug bounty, surpassing Uniswap’s $15.5 million bounty, which was previously the largest in the industry. Usual has partnered with Sherlock to launch a $16 million bug bounty aimed at identifying critical vulnerabilities in its codebase, as originally reported by The Block. The bounty, hosted on Sherlock’s platform, will only reward findings that pose a definite and significant risk of fund loss or freezing for over a year, without external conditions. Usual’s codebase has already undergone 20 audits, including a recent Sherlock audit contest with a $209,000 prize pool, with no vulnerabilities found. You might also like: News Stablecoin developer Usual faces backlash after changing redeem function High-value bug bounties are becoming a trend in crypto security. Recently, Sonic Labs teamed up with Immunefi to offer a $2 million bounty, while Compound Finance launched a $1 million program, also with partnership with Immunefi. In November 2024, Uniswap Labs (UNI) launched a $15.5 million bug bounty—previously the largest in the industry. However, Usual’s $16 million bounty now stands as the biggest to date. “With over $880 million in TVL, this record-breaking bounty prize is a powerful statement from Usual showing their dedication to the security of their protocol,” the projects told The Block. You might also like: News Uniswap announces $15.5m bug bounty for v4
Explore the future of intellectual property on the blockchain in this insightful interview with Jason Zhao. Discover how Story Protocol is revolutionizing the way creators protect, share, and license their work. By bringing IP and copyright onchain, the protocol streamlines the process, ensures compliance with state and national laws, and secures rights in an innovative, transparent manner. Perfect for Web3 creators and blockchain developers ready to push boundaries and unlock new possibilities.