12 May 2025, 16:18

Nearly half of stolen crypto remains unspent, data shows

Roughly 46% of hacked funds sit idle on-chain, suggesting opportunities for post-incident recovery, analysts at Global Ledger say. Table of Contents ‘No clear playbook here’ Cross-chain traces Attackers getting smarter Hackers are quick, but the systems chasing them are still catching up. A new report by blockchain intelligence firm Global Ledger, based on hundreds of on-chain incidents, shows that in many cases, stolen funds land at laundering destinations before the hack is even publicly disclosed. On average, it takes 43.83 hours from the initial on-chain breach until the incident is reported by either the victim project or a third-party investigator, per the report shared with crypto.news. Hackers, meanwhile, tend to move stolen funds to the first identified entity, such as an exchange, a crypto mixer, or a decentralized finance protocol, within 46.74 hours. The longest delay, however, is the window between public disclosure and the attacker’s interaction with a laundering service, which averages 78.55 hours, suggesting that funds are often already on the move well before a hack becomes widely known. ‘No clear playbook here’ In total, Global Ledger’s researchers measured four key timelines across hundreds of incidents. The time from breach to fund movement, from breach to reporting, from breach to first entity interaction, and from public disclosure to laundering activity. Each lag also tells its own story. How fund movement speed varies by hack target | Source: Global Ledger Attacks targeting NFT projects, for example, show the slowest fund movements. On average, it takes 563.63 hours — or nearly 24 days — for funds from these exploits to move from the first to the last known entity in the laundering chain. That’s more than double the average lag seen in centralized exchange-related hacks, which clock in at around 425 hours. Global Ledger co-founder and CEO Lex Fisun told crypto.news in an exclusive commentary that the long delay — in case of NFTs — isn’t just about low liquidity as these tokens are “unique and harder to offload quietly.” “There’s no clear playbook here, laundering usually involves wash trading or social engineering. Remember The Idols exploit, where the attacker drained $340,000 in stETH but got stuck with the associated NFTs.” Lex Fisun The report highlights how laundering paths vary depending on the type of project exploited. DeFi platforms and tokens typically see funds move through laundering channels within 230 hours, while payment platforms show the fastest turnaround: just 0.6 hours on average. Gaming and metaverse exploits are also among the quicker flows, moving in under 25 hours. Distribution of stolen crypto post hacks | Source: Global Ledger Despite the speed and fragmentation of fund flows, a surprising amount of hacked assets remain untouched. According to the data, nearly 46% of stolen funds are still unspent, suggesting significant opportunities for ongoing tracking and potentially recovery, long after an incident occurs. Cross-chain traces While many funds sit idle, a growing share is slipping through harder-to-trace cross-chain routes. The report shows that 42.23% of stolen funds were moved across chains, bypassing chain-specific monitoring systems. Fisun explained that cross-chain bridges “have already become one of the top money laundering tools” for slipping past chain-specific monitoring. And while repeated abuse could draw AML scrutiny, the Tornado Cash case proves one thing: “sanctions shift tactics, not demand,” Fisun added. Laundering methods by frequency of use | Source: Global Ledger You might also like: ‘Where there’s money, there will be hackers’: Ledger CEO Global Ledger’s data also shows Tornado Cash remains the dominant laundering protocol, used in more than 50% of cases tracked by the firm. Despite U.S. Treasury sanctions in 2022, and mounting pressure from regulators globally, the service continues to play a central role in post-hack laundering. Its use spiked again after a U.S. court ruling overturned the sanctions on constitutional grounds in 2024. Other privacy tools are also gaining momentum. Railgun, for instance, was used in 20% of cases, while Wasabi Wallet appeared in 10%. Chainflip, CoinJoin, and CryptoMixer were each involved in less than 7% of laundering flows, the data shows. Attackers getting smarter Fisun noted that slower flows through centralized exchanges — now averaging more than 425 hours — don’t necessarily reflect better compliance alone. It’s both, the Global Ledger CEO said, adding that a slower timeline “is not a glitch, it’s by design” as attackers split assets, hop chains, and use privacy protocols to move stolen funds through CEXs that “try to delay flows that look shady.” Only a small portion of funds are frozen by enforcement or compliance teams. The report suggests that real-time responses remain rare, even as analytics and monitoring tools advance. While the numbers point to continued challenges, they also underline where defenders can gain an edge. The time gaps — sometimes measured in days — show that there’s still space to act before stolen funds fully disappear. Read more: Hackers exploit SourceForge to hide crypto miners in Microsoft Office packages

12 May 2025, 16:18

How Mavryk Beat Mantra to Monster $3B RWA Tokenization Deal

The post How Mavryk Beat Mantra to Monster $3B RWA Tokenization Deal appeared first on Coinpedia Fintech News This is the story of how Mantra secured a lucrative RWA tokenization deal – and then lost it. Worth a reported $500M when it was unveiled to great fanfare a year ago, the news was followed by radio silence from its signatories. Then, seemingly out of nowhere, the deal resurfaced this year. But this time it had been awarded to a different Layer 1 blockchain whose name starts with M – and its value had multiplied by 6x along the way. Mantra, MAG, and the Deal That Never Was On July 3, 2024, real-world asset blockchain Mantra broke the news of the largest tokenization deal in its history. “MANTRA and MAG will collaborate to democratize access to luxury UAE real estate using secure, yield-bearing vault products backed by MANTRA’s L1 technology.” It seemed by any reckoning the real deal, an agreement that would put RWAs on the map and make Mantra a major player in the race to tokenize real-world assets of all kinds. The news was confirmed in a company blog post , which elaborated on the terms of the deal with Dubai real estate giant MAG, noting: “Investors participating in the vault product will benefit from a compelling reward structure. They can expect to receive a combined yield, with an estimated 8% APY generated from stablecoins, further augmented by MANTRA’s native token, $OM.” CoinDesk also picked up on the story, adding that the $500M deal would include “a $75 million mega-mansion at ‘The Ritz-Carlton Residences, Dubai, Creekside’ development, part of the Keturah Resort.” On July 3, Mantra CEO John Patrick Mullin discussed the terms of the deal in a video interview, complete with Arabic subtitles for the benefit of viewers hailing from MAG Group’s seat in Dubai. And then…nothing. It’s like the deal just disappeared. We know it was still active by late 2024, even if Mantra wasn’t actively posting about it, because JP Mullin mentioned it in passing in November. His final post on the topic occurred in January, when we tweeted: “Wild looking back at 2024: Started with a tokenomics proposal…Ended with Google Cloud, BlackRock, and MAG.” And then, out of nowhere, a wild Mavryk appeared. Player 2 Enters the Game On May 1, it was revealed that MAG Group had signed a deal with Mavryk Dynamics to tokenize $3B of real estate assets including the same ones that were cited in the original Mantra deal: the Ritz-Carlton in Dubai. But this time, the real estate group was going further and committing an entire $3B of its property portfolio, with the assets to be issued on Multibank’s new RE platform operating on Mavryk. On a superficial basis, Mavryk and Mantra appear to have a lot in common: they’re both RWA Layer 1s. They share the same broad mission and they even have broadly similar names. In American Psycho terms, one’s Paul Allen and the other’s Patrick Bateman. The question of who’s got the better haircut and business card is still to be determined. But with the Dubai property deal now looking to have passed to Mavryk, it’s clear who’s managing the Fisher account, so to speak. Aside from the size of the deal increasing six-fold, most of the other details appear to have remained unchanged from the original Mantra deal, such as the opportunity for token-holders to earn yield on the underlying real estate, all paid out onchain. Given Mantra’s silence since first announcing its own deal last June, followed by Mavryk’s jubilation upon unveiling its own this month, it appears that MAG has jumped ship – or is it simply hedging its bets? Mavryk, Mantra, and MAG’s Merry-Go-Round It’s easy to speculate as to why MAG Group may have elected to move ahead with the RE tokenization deal using a different blockchain and launch partner. The most benign of these being a desire to get the ball rolling again after the original Mantra deal appears to have stagnated. Be it for technical reasons, financial ones, or some other complication, the assets MAG Group’s been wanting to tokenize have been left in limbo for close to a year. But another possible reading of the situation is that MAG Group hasn’t jumped ship: it may have simply hedged its bets and elected to move ahead with Mavryk while also keeping the Mantra deal on the table. A hint as to this can be found in a tweet from Mantra’s JP Mullin in March, when he wrote : “I believe Dubai has a plan to tokenize & trade fractional RE assets within the first half of this year.” When asked whether the assets would be tokenized on Mantra or elsewhere, he replied “Probably both.” Wherever the truth lies, this much can be said with confidence: Mavryk now has a deal allowing it to tokenize one of the largest real estate portfolios in RWA history. And with MAG Group seemingly determined to turn this one into a working reality, together with issuer Multibank, the momentum is very much with Mavryk. The onus is now on it to seize this opportunity and use it to transform the publicity into a working real estate reality – and the sooner the better.

12 May 2025, 16:10

Tron's USDT Smashes Ethereum-Based Version for The First Time Ever

Justin Sun's blockchain just outshined its largest rival in extremely important metric

12 May 2025, 15:53

Pump.fun introduces 50% revenue sharing for memecoin creators

Pump.fun announced a major move to remain the dominant memecoin launchpad, giving 50% of its revenues to creators. The competition among memecoin launchpads is heating up. On Monday, May 12, memecoin launchpad Pump.fun announced a new revenue-sharing model. Starting today, token creators will earn 50% of all trading fees for their tokens on the platform. CREATOR REVENUE SHARING is finally here!!! 50% of PumpSwap Revenue is now shared with Coin Creators 🤯🤯🤯 create a coin and start earning every time someone places a trade NOW continue reading to learn more pic.twitter.com/XmdpFdIUhV — pump.fun (@pumpdotfun) May 12, 2025 Token creators on the Solana-based (SOL) memecoin launchpad will earn 0.05% in SOL every time someone trades their coins. This means that if a token achieves $10 million in volume, its creators will earn $5,000. Traders will be able to redeem their earnings instantly, on-chain, using their Pump.fun profile. Users are eligible for revenue sharing if their token is new, if it is still on the bonding curve, or if it graduated to PumpSwap , Pump.fun’s decentralized exchange. Can Pump.fun revenue sharing fix token dumps? So far, memecoin creators on Pump.fun and similar platforms have only earned revenue when they sold their tokens. This incentivized creators to dump their tokens as soon as they gained any traction, leading to frequent rug pulls. This is a particular concern for Pump.fun, which has faced an epidemic of token rug pulls . A part of the issue is that the platform makes token launches so easy that anyone can do it. Notably, one 13-year-old rugged two pump.fun projects. You might also like: Pump.fun volume dropped 63% in February amid high-profile memecoin scams With revenue sharing, creators can earn throughout the token’s lifecycle—even into maturity. This incentivizes them to stick around longer and take actions that actively boost the token’s price and trading volume. Pump.fun remains the biggest memecoin launchpad, as well as one of the most popular protocols on Solana. As of May 7, Pump.fun had achieved $22.3 billion in volume in 2025, accounting for 2.8% of all protocol volume on Solana. However, in terms of transaction count, the project dominates Solana. In November 2024, Pump.fun accounted for 62% of all Solana transactions. Read more: 62% of Solana’s DEX transactions belong to Pump.fun — What keeps it going?

12 May 2025, 15:45

Algorand price prediction 2025-2031: Is a resurgence possible?

Key takeaways: Our Algorand price prediction indicates a high of $0.4313 in 2025. In 2026, it will range between $0.5404 and $0.6531, with an average price of $0.5558. In 2030, it will range between $2.21 and $2.73, with an average price of $2.29. Algorand’s capabilities make it an interesting prospect for investors and developers interested in smart contracts and blockchain interoperability. A 2019 video featured Gary Gensler, former Securities and Exchange Commission chair, referring to Algorand as a great technology and using it as an example when discussing the decentralization of cryptocurrencies. Will ALGO go up? Can it reach $10? Where will ALGO be in 5 years? We explore these and more in our Cryptopolitan price prediction. Overview Overview Algorand Symbol ALGO Current Algorand price $0.2507 Market cap $2.15B Trading volume $140.94M Circulating supply 8.59B All-time high $3.28 on Jun 21, 2019 All-time low $0.08761 on Sep 11, 2023 24-hour high $0.2584 24-hour low $0.2360 Algorand price prediction: Technical analysis Metric Value Volatility (30-day variation) 8.72% 50-day SMA $0.2023 200-day SMA $0.2345 Current Algorand sentiment Bullish Green days 17/30 (57%) Algorand price analysis On May 12, ALGO’s price rose by 30.28% in the last 30 days and 6.91% in the last 24 hours. Its trading volume rose by 11.64% in 24 hours, signaling rising interest from traders. Algorand’s total value locked (TVL), the number of funds locked up in its ecosystem’s decentralized applications, recovered to $49.99M. Algorand 1-day chart analysis ALGO/USD 1-day chart. Image source: TradingView ALGO’s price movement shows that it is now recovering. The William Alligator is feeding, meaning rising volatility. The relative strength index is 67.40 in neutral territory, while the MACD histogram shows that its positive momentum rose over the last three days. A coin is considered overbought when its RSI rises above 70. Algorand 4-hour chart ALGO/USD 4-hour chart. Image source: TradingView The 4-hour chart shows that ALGO is rising from the month’s low at $0.1909, and it registers negative momentum. The coin’s volatility is rising in this timeframe. Algorand technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 0.2179 BUY SMA 5 0.2258 BUY SMA 10 0.2128 BUY SMA 21 0.2184 BUY SMA 50 0.2023 BUY SMA 100 0.2253 BUY SMA 200 0.2345 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 0.2082 BUY EMA 5 0.1999 BUY EMA 10 0.1923 BUY EMA 21 0.1927 BUY EMA 50 0.2159 BUY EMA 100 0.2452 BUY EMA 200 0.2477 BUY What to expect from Algorand price analysis next? Per our technical indicators, ALGO is bulish, with the fear and greed index showing a greed sentiment among investors. Data analysis shows that activity on decentralized finance applications is recovering, with the charts showing that it could rise further in coming days. Why is ALGO down? ALGO is dropping from previous highs set in the last quarter of 2024, The drop could be attributed to the crypto market’s correction, which saw Bitcoin drop below $99,000. Will ALGO reach $1? Per our Cryptopolitan price prediction, ALGO will break above $1 in the period ending in 2028. Can Algorand reach $10? Per our Cryptopolitan price prediction, it remains highly unlikely for ALGO to break above $10 in the period ending in 2031. Can Algorand reach $20? Per our Cryptopolitan price prediction, it remains highly unlikely for ALGO to break above $20 in the period ending in 2031. Can ALGO reach $100 dollars? At $100, Algorand’s market capitalization has to rise above $700 billion from the current $1.2 billion. In comparison, Ethereum’s market capitalization is at $400 billion. Per our price prediction, Algorand is highly unlikely to reach $100. Is there a future for Algorand? Like most mega-altcoins, Algorand is trading at its lowest level this year. A break below 30 RSI will be crucial to sending it to previous highs. Looking ahead, ALGO will register new all-time highs in the coming years. What will Algorand be worth in 2025? For the last month of 2025, ALGO’s price will range between $0.2960 and $0.4313. The average price for the period will be $0.3900. Is ALGO a good investment? Analysis by Intotheblock shows that 97% of holders are at a loss at the current price. The figure will likely drop lower in the short term. However, as our Cryptopolitan price prediction shows, this will change over the long term. Recent news According to DeFiLlama, the total value locked in the network has crashed to $42 million, its lowest level since July 2023. The figure has dropped sharply from the year-to-date high of $187 million. Most dApps in Algorand have shed millions in asset value. ALGO price prediction May 2025 The Algorand network price forecast for May is a maximum price of $0.1950 and a minimum price of $0.1660. The average price for the month will be $0.1870. Month Potential low ($) Potential average ($) Potential high ($) May 0.1660 0.1870 0.1950 Algorand price prediction 2025 For the last month of 2025, ALGO’s price will range between $0.1660 and $0.4313. The average price for the period will be $0.3900. Year Potential low ($) Potential average ($) Potential high ($) 2025 0.1660 $0.3900 0.4313 Algorand price prediction 2026 – 2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 0.5404 0.5558 0.6531 2027 0.7777 0.7999 0.9598 2028 1.1400 1.1700 1.3500 2029 1.6100 1.6600 1.96 2030 2.21 2.29 2.73 2031 4.49 4.66 5.48 Algorand price prediction 2026 The year 2026 will experience more bullish momentum. Our Algorand price prediction estimates it will range between $0.5404 and $0.6531, with an average price of $0.5558. Algorand price prediction 2027 Algorand prediction climbs even higher into 2027. According to the prediction, ALGO’s price will range between $0.7777 and $0.9598, with an average price of $0.7999. Algorand price prediction 2028 Our analysis indicates a further acceleration in ALGO’s price. It will trade between $1.14 and $1.35, with an average trading price of $1.17. Algorand price prediction 2029 According to the ALGO price prediction for 2029, the price of ALGO will range from $1.61 to $1.96, with an average price of $1.66. ALGO price prediction 2030 The ALGO price prediction for 2030 indicates the price will range between $2.21 and $2.73. The average price of ALGO will be $2.29. Algorand ALGO price prediction 2031 The ALGO price forecast for 2031 is a high of $5.48. It will reach a minimum price of $4.49 and average at $4.66. Algorand price prediction 2025 – 2031 Algorand market price prediction: Analysts’ ALGO price forecast Platform 2025 2026 2027 Digitalcoinprice $0.36 $0.45 $0.62 Coincodex $0.19 $0.15 $0.14 Gate.io $0.36 $0.45 $0.62 Cryptopolitan’s Algorand price prediction Our predictions show that ALGO will achieve a high of $0.4313 in 2025. In 2027, it will range between $0.7770 and $0.7999, with an average of $0.9598. In 2030, it will range between $2.21 and $2.73, with an average price of $2.29. Note that the predictions are not investment advice. Seek independent professional consultation or do your research. Algorand historic price sentiment ALGO price history. Source: CoinStats Algorand held its token sale in June 2019 at $2.40 each. Union Square Ventures, Lemniscap, and NGC Ventures, among others, held earlier funding rounds. The public sale raised $60.40 million while funding rounds raised $66 million. Token sale participants who held their tokens since launch are down 90%. Binance listed ALGO on 21 June 2019. According to CoinMarketCap data, it pumped after the listing to reach its all-time high (ATH) at $3.28. ALGO later crashed; four months later, it was down 90% from its ATH. In July 2021, Coinbase listed ALGO. As a result, it gradually recovered and peaked at $0.64 in August. In retrospect, 2021 was the golden year for the crypto market. The emergence of NFTs, DeFi growth, and institutional interest drove growth. So, in 2021, it rose from a low of $0.32 in January to $2.30 in October, a 200% gain. Nothing prepared crypto enthusiasts for the 2023 crypto winter, which worsened with the FTX crash. The year closed with ALGO trading at $0.23. The decline continued through 2023, registering an all-time low at $0.0876 in September. The market’s recovery began in October. By the end of the year, it had risen above $0.2. It began recovering in November from a low of $0.12, rising as high as $0.61 in December. It then corrected into 2025 below the $0.40 mark in January, $0.35 in February, $0.21 in March, and $0.20 in May.

12 May 2025, 15:41

US real estate manager launches $100M tokenized fund with institutional backing

Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities. The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A multifamily units across the top 20 US growth markets, the company told Cointelegraph on May 12. “The entire structure is digital-native from the start — compliant onboarding, reporting, capital calls, and (potential) secondary market transfers,” a PREH spokesperson said. The fund is part of a broader $750 million investment vehicle co-developed by PREH and several institutional firms, including Carlyle, DRA Advisors, Walton Street Capital, RPM and KKR. Initially, the company said that $25 million of the $100 million allocation would be tokenized on Chintai. According to PREH, the tokenization structure helps alleviate many transparency and liquidity constraints investors typically face in private market placements. Founded in 2010, PREH is a national real estate asset manager that oversees a portfolio of Class A multifamily properties. The company owns and operates real estate investments, overseeing the acquisition, financing and management of properties. Since its inception, PREH has completed more than $500 million in real estate transactions. Chintai is a tokenization-focused layer-1 blockchain that also powers the R3 Sustainability Fund for environmental, social, and governance (ESG) investing. Its native token, CHEX, is currently valued at $0.24, with a total market capitalization of $244 million, according to CoinMarketCap. Chintai (CHEX) token price. Source: CoinMarketCap "We chose Chintai because they offer a fully regulated, institutional-grade platform purpose-built for tokenizing real-world assets,” PREH’s president, Tejas Patel, told Cointelegraph in a written statement, adding: “Their technology allows us to maintain the highest standards of compliance and investor protections while introducing the efficiencies and access advantages of blockchain.” Related: RWA tokenization trends and market outlook for 2025: Report Tokenizing real estate Tokenizing real estate has long been seen as a way to modernize property investment, but until recently, real-world examples were rare. By early 2025, real estate tokenization had gained traction across North America and the United Arab Emirates , while efforts are underway in Europe to establish regulatory frameworks that support its growth. One of the biggest catalysts for tokenization is the “ability to eliminate the illiquidity discount on real estate,” Polygon CEO Mark Boiron told Cointelegraph in March. The growth of liquid secondary markets for fractional real estate could significantly strengthen that advantage. This motivation also drove RWA platform DigiShares to launch the REX marketplace on Polygon earlier this year, featuring two luxury property listings in Miami, Florida. Efforts are also underway to tokenize commercial real estate , with Blocksquare and Vera Capital recently partnering to offer fractional ownership of more than $1 billion worth of properties. Deloitte expects global tokenized real estate value to more than quadruple between 2030 and 2035. Source: Deloitte Against this backdrop, consultancy firm Deloitte has forecast that $4 trillion worth of real estate will be tokenized on the blockchain over the next decade. Magazine: Have your stake and earn fees too: Tushar Aggarwal on double dipping in DeFi