mantle

According to reports, Bybit's On-Chain Earn's first stablecoin on-chain treasury asset management product, Mantle Vault, officially launched on December 22, and within just over a month, the fund's scale has exceeded 150 million USDT.This high-yield stablecoin financial product adopts a market-neutral strategy, demonstrating significant appeal in uncertain market conditions: the bear market target annualized return for USDT / USDC is 5%--10%, while in a bull market phase it can reach 10%--25% (actual returns vary with market changes).

According to Hong Kong 01, the Hong Kong police disclosed that over the past three weeks, they have launched a citywide law enforcement operation against fraud, cybercrime, and money laundering, codenamed "Operation Conquer," resulting in the arrest of 682 individuals for conspiracy to commit fraud, obtaining property by deception, and money laundering. This operation involved 580 fraud and technology crime cases, with a total amount of up to HKD 620 million.Among them, in the law enforcement action codenamed "Cyber Web" by the Hong Kong Police Cyber Security and Technology Crime Bureau, a local online romance scam group was dismantled, along with a gang that used virtual currency for money laundering. This gang defrauded 314 victims of a total of HKD 44 million over the past 16 months, with an average amount of about HKD 150,000 per case.

According to the Jingmen Intermediate Court, the police in Luotian, Huanggang, Hubei recently dismantled a telecom network fraud gang that used offline cash withdrawals and virtual currency for money laundering, arresting 6 criminal suspects. The gang collected scam funds through a "cash withdrawal team," which were then exchanged into USDT by "U currency exchangers" and handed over to foreign fraudsters, forming a complete money laundering chain.Investigations revealed that the gang conducted cash withdrawals for telecom fraud 28 times in the areas surrounding Wuhan, with a total amount involved exceeding 1 million yuan. Currently, the core member Liu is criminally detained for suspected illegal use of information networks, while other members are criminally detained for suspected concealment and disguise of criminal proceeds.

Bybit announces that it will soon support the deposit and withdrawal functions of XAU₮ (Tether Gold) on the Mantle network, providing users with a more convenient channel for trading tokenized gold.XAU₮ is issued by Tether, with each token backed 1:1 by one troy ounce of physical gold. This integration leverages Mantle's Layer-2 architecture to achieve lower transaction costs and faster settlement speeds, allowing users to trade, lend, and generate yield using XAU₮ within Mantle's DeFi protocols.

According to Arkham data, at 11:43, 3,251.87 ETH (worth approximately 10.63 million USD) was transferred from Mantle to an anonymous address (starting with 0x5b64...).

According to Arkham data, at 00:18, 55.13 WBTC (worth approximately $4.9319 million) was transferred from Mantle to an anonymous address (starting with 0xd507...).

$SCOR, as the first project to launch simultaneously on Bybit Spot × Fluxion, has recently experienced significant price fluctuations, rising for four consecutive days, with a single-day increase of over 30% on December 30, directly driving a rapid increase in trading activity on the Mantle chain. As of December 31, 04:30 (UTC+8), the USDT0 / SCOR trading pool TVL reached $336,300. The cumulative trading volume is $338,300.The launch of this new coin directly drives the increase in on-chain activity for Mantle, demonstrating the effective pull of new assets on real on-chain transactions and liquidity. Through the Bybit spot liquidity × Mantle DEX Fluxion承接 mechanism, trading and funds form an efficient closed loop within the Bybit ecosystem in a short period, not only validating the feasibility of the simultaneous launch model but also serving as a successful practice and mechanism-level validation of Bybit Spot empowering the Mantle ecosystem.

According to reports, Bybit's On-Chain Earn's first stablecoin on-chain treasury asset management product, Mantle Vault, officially launched on December 22. Within just one week of its launch, the fund's accumulated scale exceeded 50M USDT. This high-yield stablecoin financial product adopts a market-neutral strategy, demonstrating significant appeal in uncertain market conditions: the bear market target annualized return for USDT / USDC is 5%--10%, while in a bull market phase it can reach 10%--25% (actual returns vary with market changes).

The National Cyber Crime Investigation Agency (NCCIA) of Pakistan launched a joint raid in Karachi, dismantling an online investment scam network known as the "International Fraud Group," involving approximately $60 million.During the operation, police arrested 34 individuals in the Defense Housing Authority Phase 1 and Phase 6, including 15 foreign nationals and 19 Pakistani citizens. Sindh's Interior Minister Ranjhar stated that the gang implemented long-term "account nurturing" scams against domestic and international victims through social media and instant messaging apps, luring them into participating in fake cryptocurrency and forex trading projects. Police seized 37 computers, 40 mobile phones, over 10,000 international SIM cards, and 6 illegal communication gateway devices.Investigations revealed that the scammers first established a fake trading platform, displaying forged profit data to gain trust. After victims invested about $5,000, they were then asked for additional payments under the guise of taxes, withdrawal fees, and other charges, after which their accounts were directly closed and they lost contact. Funds typically first entered overseas bank accounts, then converted into cryptocurrency for cross-border transfers. The NCCIA pointed out that the case involves multiple countries, and related investigations are still ongoing. Currently, 22 suspects have been judicially detained.

Bybit officially launches a new product, Mantle Vault, providing intelligent on-chain high-yield solutions for USDT and USDC holders. This product employs a market-neutral strategy to achieve stable returns across different market cycles.Mantle Vault is a structured on-chain yield product that deploys user assets to audited DeFi protocols on the Ethereum mainnet and the Mantle ecosystem, initially integrating Aave V3, with plans to expand to more protocols in the future. The returns come from interest income, staking rewards, and protocol incentives, rather than relying on asset price fluctuations or speculative trading.Core Highlights:This product deploys assets to audited protocols such as Aave V3 on the Ethereum mainnet and the Mantle ecosystem, with returns sourced from interest income, staking rewards, and protocol incentives;Target return performance: Bear market target annualized 5%-10%, Bull market target annualized 10%-25%, subject to market changes.Product Advantages:Market-neutral strategy helps effectively avoid price fluctuations;Supports instant deposits and withdrawals, maintaining fund flexibility;Low-risk stable appreciation, more suitable for investors seeking passive income from stablecoins.

According to market news, the U.S. Department of Justice revealed that the Federal Bureau of Investigation (FBI) has teamed up with European law enforcement agencies to dismantle a multinational money laundering platform that primarily provided cryptocurrency cash-out services to cybercriminals. The platform, named E-Note, was operated by a Russian citizen and has handled over $70 million in illegal funds since 2017, including assets extorted or stolen from victims in the United States.The U.S. Attorney's Office for the Eastern District of Michigan announced the indictment of 39-year-old Russian citizen Mykhalio Petrovich Chudnovets, charging him with conspiracy to commit money laundering. It is alleged that since 2010, the suspect has assisted cybercrime groups in transferring criminal proceeds across borders and converting cryptocurrency into cash through the E-Note payment processing service he controlled. Law enforcement agencies have seized his servers, mobile applications, and related domain names. If convicted, he faces a maximum of 20 years in prison.

Fluxion Network, the native full-stack decentralized exchange (DEX) of Mantle, has officially launched on the Mantle mainnet. Fluxion focuses on building infrastructure for spot trading, targeting real-world assets (RWA) and asset-backed token scenarios, and is committed to enhancing the capital efficiency, trade execution quality, and transparency of on-chain spot markets.As a spot DEX natively built on Mantle, Fluxion does not pursue multi-track expansion but instead focuses on asset-oriented spot liquidity and long-term market development, serving the on-chain trading needs of RWA and structured assets. The core spot architecture includes: AMM V2 pools, which support efficient spot trading of stablecoins and volatile assets; AMM V3 concentrated liquidity mechanism, which improves LP capital efficiency and reduces slippage; and an RFQ order book execution model (coming soon), which combines on-chain order logic with quote execution to accommodate larger-scale, asset-sensitive trades.As Mantle continues to advance the RWA and asset on-chain ecosystem, Fluxion plans to serve as the core spot liquidity and price discovery layer within the ecosystem, providing scalable trading and liquidity support for Mantle native projects. Currently, Fluxion supports ecosystem assets including SCOR, demonstrating its capacity to handle real assets and production-grade liquidity. Moving forward, Fluxion will continue to optimize the spot market structure, advance the launch of the order book execution module, and deepen integration with Mantle ecosystem projects, gradually building a core spot trading hub focused on RWA.

According to reports, the number of participants in this year's Mantle Global Hackathon has exceeded 1,000, with developers from over 50 countries and regions actively participating, evaluated by 17 industry judges. Mantle stated that this is the largest hackathon in the RWA and infrastructure fields, featuring six major tracks, including RWA, RealFi, DeFi, AI, ZK privacy, infrastructure, and GameFi, with a total prize pool of $150,000.Recently, Mantle has been continuously strengthening its liquidity foundation and institutional-level service capabilities through deep cooperation with institutions such as USDT, Aave, and Bybit. As a key distribution layer connecting traditional finance and on-chain liquidity, the scale of Mantle's ecological assets has exceeded $4 billion, and the application scenarios of its token $MNT are also continuously expanding. This hackathon aims to attract global developers to co-build the ecological application layer and prepare for the next market cycle.

Bybit and Mantle recently announced a strategic partnership with the AI-driven quantitative platform Almanak to jointly promote the large-scale on-chain deployment of hedge fund-level AI automation strategies.The collaboration includes: Almanak will deploy tokens on the Mantle Network, launch liquidity pools, and integrate its multi-agent AI strategy building engine into the Mantle ecosystem, allowing users to develop and deploy complex quantitative models without programming.Mantle provides a low-fee, high-throughput execution environment, while Bybit connects over 70 million users through its global liquidity network, offering an efficient bridge for the flow of funds between CeFi and DeFi, further enhancing the scalability and application depth of AI strategies.

The Spanish police recently cracked a violent kidnapping case targeting cryptocurrency holders. A man and his partner were kidnapped, and the man was shot in the leg while attempting to escape, ultimately being found dead in the woods near Mijas in the province of Malaga. The police have arrested 5 people in Spain, and 4 others have been prosecuted in Denmark, highlighting the transnational nature of such criminal networks. As the value of cryptocurrencies rises, similar violent incidents have surged globally.

Mantle's latest release, the "Report Card" for 2025, marks a pivotal year in its comprehensive transformation from a high-performance Layer-2 network to an on-chain financial ecosystem.Ecosystem Milestones:Ranked in the top 30 on CoinMarketCap and CoinGeckoTreasury assets exceeded $7.9 billionTVL surpassed $2.2 billionStablecoin supply exceeded $750 millionGlobal community members surpassed 1 millionOver 200 ecosystem partners and dAppsCore Infrastructure Upgrades:EigenLayer Integration: the first and largest L2 collaborating with EigenLayerOP-Succinct: the first OP Stack L2 adopting ZK Validity Rollup, becoming the largest ZK rollup by TVLMantle's strategic development trends for 2025 are gaining momentum:In August, Mantle's deep integration with Bybit covers spot trading, institutional business, and Bybit VIP, reshaping the application scenarios of MNT and providing comprehensive services for retail and professional investors.In October, a full pivot to the RWA track was made, achieving significant collaborations with institutions such as Anchorage, Aave, Ethena, Agora, and Securitize. Mantle's position as an institutional-grade distribution layer is increasingly solidified, bridging traditional finance and on-chain liquidity at various levels.

The European Cybercrime Centre released a statement on Thursday announcing that a large-scale international operation successfully dismantled a major cryptocurrency fraud and money laundering network, with laundered amounts exceeding 700 million euros.This operation spanned multiple jurisdictions and was conducted last month and earlier this week, marking the successful conclusion of years of investigation, effectively disrupting criminal activities across Europe and other regions. The criminal network operated numerous fraudulent cryptocurrency investment platforms, attracting thousands of victims with promises of high returns through advertisements. Subsequently, criminal call centers used social engineering techniques to show victims inflated profits on fake trading platforms, pressuring them to make further payments. Once the funds were transferred, they were stolen and laundered through multiple blockchains and exchanges. Investigations revealed that the network involved several fraudulent platforms and complex financial structures.On October 27, 2025, the first phase of the operation was launched, with police from Cyprus, Germany, and Spain conducting coordinated raids at the request of French and Belgian authorities, resulting in the arrest of nine suspects and the seizure of assets worth millions of euros. From November 25 to 26, the second phase focused on affiliate marketing infrastructure, with law enforcement teams from Belgium and other countries conducting operations with the support of the European Cybercrime Centre. Investigative agencies will continue to track the assets of this criminal organization.

According to Onchain School monitoring, about 40 minutes ago, a suspected Mantle core contributor address transferred $4.5 million worth of MNT tokens to the Mirana Ventures address.

According to official news, Bybit has officially supported the deposit and withdrawal of USDT0 on the Mantle chain. USDT0 adopts the LayerZero OFT standard and will become the mainstream USDT version in the Mantle ecosystem in the future.To align with the ecological upgrade and enhance users' cross-chain stablecoin experience, Bybit will stop the deposit and withdrawal services for Mantle chain USDT (Bridged) starting from February 3, 2026.

Bybit announced a strategic partnership with Mantle and Aave, with the three parties working together to deploy Aave on the Mantle Network and create a global institutional-level DeFi liquidity system.It is reported that after Aave lands on Mantle, users will be able to lend and borrow assets on this high-performance, low-cost Layer 2 network, and access tokenized assets including RWA, stablecoins, and re-staked assets. At the same time, Mantle will launch a liquidity incentive program based on MNT to enhance the asset utilization of Aave pools and early liquidity.In this collaboration, Bybit will act as a "global liquidity bridge," connecting centralized and decentralized markets, providing smoother on-chain asset flow paths for its over 70 million users. The three parties will also explore more scenarios such as asset listings and on-chain yield products in the future.Industry insiders point out that this collaboration combines Aave's deep liquidity, Mantle's high-performance architecture, and Bybit's global distribution capabilities, which is expected to further enhance DeFi scalability and accelerate the entry of institutions and users into the on-chain financial market.