本週在Crypto：從咒語崩潰到Grayscale的Altcoin擴展

本週在加密貨幣上，錄製了各種生態系統的幾個關鍵事件，這些事件將繼續塑造行業。

This week in crypto saw several key events unfold across various ecosystems, shaping the industry landscape. From major partnerships to investment decisions and scam allegations, here is a roundup of some of the notable crypto news.

本週在加密貨幣中，各種生態系統中都展開了幾個關鍵事件，從而塑造了行業的格局。從重大夥伴關係到投資決策和騙局指控，這裡是一些著名的加密新聞的綜述。

Mantra’s Power Token Loses $90 Billion as Liquidity Fiasco Plays Out

隨著流動性慘敗的出現，Mantra的Power代幣損失了900億美元

Mantra’s powering token lost 90% of its value in a matter of days amid allegations of insider dealing and liquidity fragility.

在有關內部人員交易和流動性脆弱性的指控中，Mantra的動力代幣在幾天內損失了90％的價值。

The lifeline: Mantra’s native token, OM, lost 90% of its value in a matter of days as liquidity dried up and traders bailed out of their positions. Once hailed as a rising star in the RWA (real-world asset) narrative, OM’s collapse wiped out over $5.5 billion in value.

生命線：咒語的本地令牌OM，隨著流動性乾燥，交易者從其職位上保釋，在幾天內損失了其價值的90％。 Om的崩潰曾經被RWA（現實世界中的資產）敘事中的崛起明星宣告，因此倒塌的價值超過了55億美元。

Reports revealed a disturbing pattern of concentrated wallet activity and low liquidity pools, which made OM highly vulnerable to sudden exits. On-chain sleuths identified one trader whose aggressive selling triggered a cascade of liquidations.

報告顯示，集中錢包活動和低流動性庫的令人不安的模式，這使得OM很容易受到突然出口的影響。鏈上偵探確定了一位交易者，其積極的銷售引發了一系列清算。

This highlights the risks of low-float, high-hype tokens in an illiquid market environment.

這凸顯了在流動性不足的市場環境中低流暢，高型令牌的風險。

“This was due to an entity(s) on the Binance perpetuals market. That’s what triggered the entire cascade. The initial drop below $5 was triggered by a ~1 million USD short position being market-sold. This caused over 5% of slippage in literal microseconds. That was the trigger. This seems intentional to me. They knew what they were doing,” the analyst stated.

“這是歸因於二元公司永久市場的實體。這就是觸發整個級聯的原因。低於5美元以下的最初下跌是由於約有100萬美元的短位置觸發了市場。這是市場出售的100萬美元。這導致了超過5％的滑板，這在字面上的微觀環境中造成了觸發。

Pi Network’s Chainlink Integration Surrounded by Fresh Scam Claims

PI Network的鍊鍊鏈接集成，周圍是新的騙局主張

Pi Network recorded strong optimism this week as its native Pi Coin surged by double digits. BeInCrypto reported the surge was sparked by the announcement of a key integration with Chainlink.

PI網絡本週記錄了強烈的樂觀情緒，因為其本地PI硬幣以兩位數飆升。 Beincrypto報導說，與Chainlink建立關鍵集成的消息激發了這種激增。

They pitched this strategic collaboration as a gateway to real-world utility. Specifically, it positioned Pi closer to the broader DeFi and smart contract ecosystem. However, the euphoria proved short-lived.

他們將這種戰略合作作為通往現實世界實用程序的門戶。具體而言，它將PI定位在更廣泛的Defi和Smart合同生態系統上。但是，欣快被證明是短暫的。

Market sentiment quickly soured as analysts began comparing Pi Network and the recently collapsed OM token.

隨著分析師開始比較PI網絡和最近崩潰的OM令牌，市場情緒很快就變成了。

Allegations suggest that, like the OM token, Pi coin lacks full clarity around circulating supply, wallet distribution, and centralized control. To some, these are potential red flags in an increasingly regulation-sensitive industry.

指控表明，像OM令牌一樣，Pi Coin對循環供應，錢包分配和集中控制都缺乏完全清晰的明確性。對於某些人來說，這些是對監管敏感的行業日益潛在的危險信號。

“The OM incident is a wake-up call for the entire crypto industry, proof that stricter regulations are urgently needed. It also serves as a huge lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet,” wrote Dr Altcoin.

“ OM事件是整個加密貨幣行業的喚醒呼籲，證明了迫切需要更嚴格的法規。當我們從開放網絡過渡到開放的Mainnet時，這也是PI Core團隊的巨大教訓，” Altcoin博士寫道。

Pi coin reversed gains within days, falling 18% from its weekly high. At the time of writing, PI was trading at $0.6112, up by a modest 0.7% in the past 24 hours, according to CoinGecko.

Pi硬幣在幾天內逆轉了增長，比每周高點下降18％。據Coingecko稱，在撰寫本文時，PI的交易價格為0.6112美元，在過去24小時內較小0.7％。

Grayscale Expands Scope With 40+ Tokens in Sight for 2025

灰度擴大了2025年的40多個令牌的範圍

Institutional investor interest in altcoins is heating up again, with Grayscale leading the charge. The digital asset manager unveiled its updated list of assets under consideration for the second quarter (Q2) of 2025.

機構投資者對Altcoins的興趣再次升溫，灰度領導了這一指控。數字資產經理公佈了其最新的2025年第二季度（第二季度）所考慮的資產清單。

The list spans various sectors, including DePIN, AI, modular blockchains, and restaking. Among the notable tokens being eyed are SUI, STRK, TIA, JUP, and MANTA.

該列表涵蓋了各個部門，包括DEPIN，AI，模塊化區塊鍊和重新生產。在著名的令牌中，有Sui，Strk，Tia，Jup和Manta。

This signals Grayscale’s recognition of both retail and institutional appetite for diverse assets beyond Bitcoin and Ethereum.

這表明，灰度對零售和機構對比特幣和以太坊以外的資產的胃口的認可。

The expansion into 40 coins signals Grayscale’s recognition of both retail and institutional appetite for diverse assets. However, inclusion in the list does not guarantee a fund launch. It only indicates Grayscale’s active research.

擴展到40個硬幣，這表明灰度對零售和機構對各種資產的需求都認可。但是，將包含在列表中並不能保證基金推出。它僅表示灰度的積極研究。

Earlier this month, Grayscale reshuffled its top 20 list of altcoins by market exposure. Several older names were dropped, while newer narratives like Solana-based DePIN and Ethereum restaking plays were pushed to the forefront.

本月初，格雷斯卡（Grayscale）通過市場敞口重新封裝了其山寨幣的前20名列表。幾個較舊的名字被丟棄，而諸如索拉納（Solana）的迪帕（Depin）和以太坊重新播放遊戲（Ethereum Restaking Play）之類的新敘述被推到了最前列。

What Is Known So Far About XRP and SWIFT Partnership

到目前為止，有關XRP和Swift Partnership的知名度

There was speculation this week about a possible partnership between Ripple’s XRP and banking giant SWIFT in crypto.

本周有人猜測Ripple的XRP與加密貨幣的銀行巨頭Swift之間可能建立夥伴關係。

This narrative arose from a misinterpreted document. A series of cryptic social posts furthered the speculation, which some took as confirmation of collaboration between the global payments network and the XRP ledger.

這種敘述源於誤解的文檔。一系列神秘的社會帖子進一步促進了人們的猜測，有些人認為這是全球支付網絡與XRP Ledger之間合作的確認。

However, BeInCrypto’s reporting on the matter debunked the rumors. While Ripple has long pursued banking institutions and SWIFT has shown openness to blockchain innovations, there is no verified partnership between the two.

但是，Beincrypto關於此事的報導揭穿了謠言。儘管Ripple長期以來一直追求銀行機構，而Swift向區塊鏈創新表現出了開放性，但兩者之間沒有驗證的合作夥伴關係。

SWIFT’s public-facing projects around tokenization and digital asset settlement do not feature XRP.

Swift圍繞令牌化和數字資產結算的公共面向公共項目不具有XRP。

Despite the debunking, the rumors sparked an important conversation about XRP’s long-term positioning. The token remains a top-10 asset and a favorite among retail investors who are banking on utility-driven price appreciation.

儘管有揭幕，但謠言引發了關於XRP的長期定位的重要對話。代幣仍然是前十名的資產，並且在以公用事業為驅動的價格欣賞的散戶投資者中是最受歡迎的資產。

With Ripple’s legal battles with the SEC nearing resolution and international CBDC partnerships in the works, the project is far from irrelevant.

隨著Ripple與SEC接近決議和國際CBDC合作夥伴關係的法律鬥爭，該項目遠非無關。

US Dollar Hits 3-Year Low: What DXY Crash Means for Bitcoin

美元命中3年低點：DXY崩潰對比特幣意味著什麼