Avalon Labs launches institutional layer on Bybit to enhance Bitcoin lending and yield

Avalon Labs has introduced an institutional layer on Bybit to enhance Bitcoin lending and yield opportunities by using FBTC as collateral. This initiative aims to make Bitcoin a more productive asset while maintaining effective risk management.

The OM token of the MANTRA project plummeted by 90% amid accusations of insider selling, leading to a market value loss of approximately $5 billion. MANTRA attributed the crash to external reckless liquidations, distancing itself from any wrongdoing.

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