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Techub News reports that MANTRA has updated the specific time for tomorrow's MANTRA token split upgrade. The target block for the upgrade execution is 13,000,000, expected to be reached at 12:20 Hong Kong time on March 3.
Techub News reports that MANTRA posted on X, stating that currently the ERC20 version accounts for less than 8% of the total OM token supply. All ERC20 OM will be officially deprecated starting January 15, and relevant holders are reminded to complete the migration as soon as possible.
Techub News, Binance will list the MANTRA token MANTRA at 16:00 on March 04, 2026 (Hong Kong Time), and support Wealth Management, Buy Crypto, Convert, VIP Loans, Margin Trading, and Futures Trading. Users can participate in MANTRA trading, holding, and yield generation through the aforementioned channels. The specific listing time and rules are subject to the platform's subsequent announcements.
Techub News reports that OKX has issued a statement regarding the MANTRA (OM) incident, stating that it found evidence indicating multiple interconnected and colluding accounts used a large amount of OM as collateral to borrow a significant quantity of USDT, artificially inflating the price of OM. Its risk team correctly flagged this abnormal activity and contacted the account holders, requesting them to take corrective measures. However, they refused to cooperate. To control the risk, OKX has imposed restrictions on these associated accounts. Shortly thereafter, the price of OM plummeted. OKX liquidated only a minimal amount of OM, but the sharp price decline resulted in substantial losses, which have been fully covered by the OKX Security Fund. Multiple third-party analyses indicate that the price crash was primarily driven by sustained trading activities outside this exchange. The source of these abnormally large quantities of OM remains unclear, as does the reason why these individual groups held and controlled such a significant portion of the token supply. OKX has submitted all evidence and documentation to regulators and law enforcement. Several lawsuits and legal proceedings are currently underway.
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