Hodler’s Digest, April 13 – 19 – Cointelegraph Magazine

The CEO of Mantra plans to burn the team’s tokens in order to gain community confidence

Mantra CEO John Mullin said that he was planning to burn all the tokens in his team in order to win back the confidence of the network of the network after the sudden collapse of the Mantra token (OM) on April 13.

“I plan to burn all my team tokens and when we turn it around the community and investors can decide if I won it,” Mullin told X on April 16.

The Mantra has reserved 300 million OM, 16.88% of the total offer of almost 1.78 billion token, for its team contributors and principal. They are currently locked and were to be published in stages between April 2027 and October 2029, according to a blog article on April 8.

Oregon targets Coinbase after the dry has abandoned its federal trial

The Attorney General of Oregon, Dan Rayfield, provides for legal action against Crypto Exchange Coinbase, alleging that the company sells not registered securities to residents of the US State, after the Sécurités and Exchange) (SEC) of the United States abandoned its federal file against the Stock Exchange.

According to the legal director of Coinbase, Paul Grewal, the trial is an exact “copy” of the trial in 2023 of the SEC against the scholarship, which the Federal Agency agreed to delete in February. Grewal added:

“In case you think I take conclusions, the prosecutor’s office clearly told us that they literally take up where the Gary Gensler dry stopped – seriously. This is exactly the opposite of what the Americans should be concentrated at the moment.”

Trump token holders face a 90% drop in the peak while unlocking begins

Trump tokens holders face strong losses while the first acquisition unlocking is put online on April 18, releasing 40 million tokens, worth around 309 million dollars, in circulation at a 90% discount compared to its peak.

Unlocked tokens represent 20% of the food in current circulation and could introduce new volatility because a previously illiquid part of the offer strikes the market. According to Coingecko, the price of the Trump token fluctuated between $ 7.46 and $ 7.83 in the last 24 hours.

April 18 marked the first unlocking event for the Trump token, with stable and smaller unlocks following this date.

Cryptographic carpet shots have slowed down, but are now more devastating: Dappradar

There was a decrease of 66% in annual sliding of the number of cryptographic carpet prints this year compared to 2024, but recent data show that the size of each carpet traction has increased.

According to a report of April 16, Dappradar Dappradar Dappradar, Dappradar, the beginning of 2024, the prints fell in frequency, against only seven in 2025, which recorded 21 distinct incidents, against only seven in 2025.

However, since the beginning of 2025, the web ecosystem has lost nearly $ 6 billion for carpet prints, according to Dappradar’s report. However, the report attributes 92% of it to the collapse of the Mantra OM token, which the founders strongly denied was a carpet traction.

In comparison, during the same period at the start of 2024, three months after the start of the year, total losses of carpet prints reached $ 90 million.

The last California prison of Sam Bankman formerly housed Al Capone

The former CEO of the FTX, Sam “SBF”, Freed passed from a public transport center to a California prison which once housed the famous Gangster Al Capone.

According to the Federal Bureau of Prisons website, officials briefly moved Bankman Freed from Federal Transfer Center to Oklahoma City to the federal correctional establishment in Victorville before transferring it to an Island terminal establishment in Los Angeles, California.

The Federal Institution formerly housed criminals like the former chief of the exploitation of Theranos, Ramesh Balwani and Capone, who was found guilty of tax evasion in 1931.

OPENAI builds a “type X social network” to compete with Elon Musk – Report

The developer of models of large OpenAi language would work on a new network of social media, putting the company on a collision course with the Meta platforms of Elon Musk and Mark Zuckerberg.

Citing anonymous sources, the rod reported on April 15 that Optaai develops a “type X social network” which combines the tools for generation of chatgpt images and a social flow, probably to allow users to share their images generated by AI with a wider audience.

It is not clear if Openai will reveal a new social media platform or will launch functionalities in Chatgpt, the sources said.

Winners and losers

At the end of the week, Bitcoin (BTC)) is $ 84,513, Ether (Ethn)) at $ 1,592 and Xrp at $ 2.07. Total market capitalization is 2.63 billions of dollars, according to CoinmarketCap.

Among the 100 largest cryptocurrencies, the three main winners of the week are Raydium (RADIUS) at 21.17%, helium (HNT) at 17.43% and nucleus (HEART) at 13.14%.

The three main Altcoin losers of the week are the mantra (OM) at 89.93%, movement (MOVE) at 28.58% and AB (AB) to 20.31%. For more information on cryptography prices, be sure to read Cointelegraph market analysis.

Most memorable quotes

“Powell’s termination cannot come quickly enough.”

Donald TrumpUS President

“The ETF and Saylor bought all the” discharges “of tourists, refugees from the FTX, GBTC discounters, legal unlocks, government confiscations and lord knows who else.”

Eric BalchunasSenior ETF analyst at Bloomberg

“I used Bitcoin to make a lot of these investments, and you would think that if you invest in Coinbase, you would have done very well. If I had just held Bitcoin, I would have done better than to make these investments. ”

Barry SilbertCEO of Digital Currency Group

“I plan to burn all my team tokens and when we turn it around the community and investors can decide if I have won it.”

JP MullinMantra co-founder and CEO

“When the feeling is finally reset, it probably occurs fairly quickly and we remain constructive for the second half of 2025.”

Coinbase researchers

“We have in fact received a number of approaches from some governments and sovereign funds on the creation of their own cryptography reserves.”

Richard TengCEO of Binance

Prediction of the week

Altcoins can join T2 2025 thanks to the improvement of regulations: Sygnim

Altcoins can see a resurgence in the second quarter of 2025 because the regulations of digital assets continue to improve, according to Swiss Bank Sygnim.

From its investment perspectives in the second quarter of 2025, Sygnum said that the space has experienced “considerably improved” regulations for the use of the crypto, creating the foundations of a solid rally of the ALT sector for the second quarter. However, he added that “none of the positive developments have been evaluated”.

In April, the domination of Bitcoin reached a four -year summit, reporting that cryptographic investors turn their funds in an asset perceived as relatively safer.

Fud of the week

Hacker Mint $ 5 million in ZK tokens after compromising the ZKSYNC administration account

A pirate compromised a ZKSYNC administration account on April 15, striking $ 5 million in un requained air token, according to a statement from the Official account of Zksync X. The attack was described as isolated, without affected user funds.

Following an investigation, Zksync detailed the incident on April 15, revealing that the compromise account had an administrative control over three aerial departure distribution contracts. The attacker operated a function called Sweeplamemed () to strike 111 million un demanded ZK tokens, increasing the total offer of chips by 0.45%. Since the last update, the attacker has always had control of most of the stolen funds.

Only 11% of Bitcoins registered companies from El Salvador Operational

Only 20 of the 181 Bitcoin service providers registered with the central bank of El Salvador are operational, the rest not meeting the requirements of the country under its Bitcoin law.

The El Mundo local media store has cited data from the Central Reserve Bank of Salvador, showing that 11% of service providers are operational. According to the central bank database, the other providers are classified as non -operational.

The data has shown that at least 22 non -operational providers have not met most of the country’s Bitcoin law requirements, which require providers to implement strict supervision of their financial systems.

The founder of Ent warns against Google the introduction which deceives users with a false assignment

The main founder and developer of Ethereum Name Service warned his X subscribers of an “extremely sophisticated” phishing attack which can pretend to google and encourage users to deliver connection identification information.

The phishing attack exploits Google’s infrastructure to send a false alert to users informing them that their Google data is shared with the police due to a summons, ENS ‘Nick Johnson declared in an article from April 16 to X.

“He passes the control of the signature of Dkim, and Gmail posters it without any warning-he even puts it in the same conversation as other legitimate security alerts,” he said.

Top Magazine Histories of the week

Your AI ‘Digital Twin’ can take meetings and comfort your loved ones

It looks like science fiction, but a range of new projects will reproduce your personality and your intellect today as an autonomous AI agent.

Student of UNI Crypto Students “Grooming”, 67K armated by false women: Asia Express

The biggest names in Crypto repel the grooming grooming rumors in Chinese schools; Nine crooks sentenced for making 67,000 Indian men believe to believe that they were rich Indian women, and even more.

Crypto ‘more taboo than only fans”, says Violetta Zironi, who sold a song for 1 BTC

Meet an artist selling his songs for Bitcoin and Ethereum, even if most of the music fans avoid ownership of music in favor of streaming.