MANTRA2026-08-21 05:04:52MANTRA token falls 18.5% to record low as chain halt freezes deposits and withdrawalsMANTRA’s OM token dropped 18.5% from its 24-hour high to a record low of $0.004126 on Thursday night, according to CoinGecko, before recovering to around $0.0044. The move came as MANTRA Chain stopped producing blocks and the project said it had halted the network as a precaution while it investigates an incident. Trading volume jumped nearly 600% to $24 million, and affected exchanges paused deposits and withdrawals. MANTRA said it has not identified a root cause or shared a timeline for restoration, and it has not said whether the price drop was linked to the incident or whether any assets were lost or at risk. The article also notes the project’s April 2025 OM collapse, June acquisition plans involving Inveniam Capital Partners, and earlier January layoffs and restructuring.430
MANTRA2026-07-24 00:05:15RWA Layer1 Chain MANTRA Cuts Staff, CEO Says $OM Crash Forced Painful RestructuringMANTRA, an RWA-focused Layer1 blockchain, announced a full strategic restructuring. CEO John Patrick Mullin admitted layoffs to extend runway after the $OM token plunged 90% in April 2025, erasing billions in market cap. The firm aims to return to competitiveness by 2026.440
