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In Brief OM Coin experiences a dramatic 90% drop, alarming the crypto market. IP Coin's price decline raises investor concerns about potential panic sales. Support levels for IP Coin are being closely monitored following recent fluctuations.
In Brief Market uncertainty continues to impact altcoin prices significantly. LINK Coin faces critical price thresholds that could determine its future direction. The macroeconomic landscape heavily influences investor sentiment in cryptocurrency markets.
OM’s price collapse has yet to attract buyers, with technical indicators showing no sign of accumulation. Bearish pressure still dominates.
Quick Take Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” following market maker irregularities last month. In March, Binance suspended a market maker that dumped around $38 million worth of MOVE tokens while placing few buy-side trades. Blockworks reported Tuesday that the Movement Network Foundation has launched a third-party investigation into “market maker abnormalities.”
- 08:31Bleap, a blockchain bank account platform founded by former Revolut employees, has signed a strategic partnership with MastercardAccording to The Block, Bleap, a blockchain bank account platform founded by former Revolut employees, has signed a strategic partnership with payment giant Mastercard. This collaboration will enable Bleap to leverage Mastercard's resources and global network to accelerate its international expansion. The company stated that it will initially focus on developing the European market before entering the Latin American market. Bleap is built on top of Ethereum Layer 2 network Arbitrum and supports fast transactions without gas fees. It utilizes PortalHQ's multi-party computation technology, replacing traditional seed phrases with cloud storage and social login. After creating a Bleap account, users can deploy an intelligent wallet supported by Account Abstraction (ERC-4337). Users can add stablecoins from external wallets or use fiat currency through Bleap's free cryptocurrency deposit and withdrawal service.
- 08:26Slow Fog: The fundamental reason for the R0AR's vulnerability is the existence of a backdoor in the contractSlow Fog issued a security alert, stating that the fundamental cause of The R0AR vulnerability is the existence of a backdoor in the contract. During deployment, the R0ARStaking contract tampered with the balance (user.amount) of a specified address by directly modifying storage slots. Subsequently, all funds in the contract were withdrawn by attackers using an emergency withdrawal function.
- 08:25CryptoQuant: BTC fell 16.7% after the tariff announcement, underperforming traditional assets such as goldAccording to CryptoQuant data, since the announcement of tariffs, Bitcoin's price has fallen by 16.7%. Although it has rebounded from its previous low point of 26.7%, it still lags behind the performance of most traditional assets. During the same period, gold rose by 12.9%, while silver and the US dollar index both fell by 4.8%. The SP 500 index fell by 13.8% and Nasdaq dropped by 17.5%. Despite high volatility, Bitcoin's current decline is between that of Nasdaq and crude oil, showing some signs of recovery but not yet demonstrating characteristics as a safe-haven asset.