Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down operations. Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down operations. Law and Order Decrypt
Exchange-traded funds (ETF) issuer ProShares will introduce three XRP-tracked products this week after a tacit U.S. Securities and Exchange Commission (SEC) approval. It will launch an Ultra XRP ETF (2x leverage), a Short XRP ETF and an Ultra Short XRP ETF (-2x leverage), filings show. Its spot XRP approval stays hanging, however. The SEC has…
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals’ combined $211 million. Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals’ combined $211 million. , Markets Decrypt
THORChain weathered a turbulent start to 2025, as the Layer 1 network faced mounting macroeconomic pressure, internal network challenges, and shifting altcoin sentiment. Following a volatile end to 2024, THORChain’s native token, RUNE, suffered a sharp correction in Q1 2025 and ended up closing the quarter at $1.14, down 74.5% quarter-over-quarter (QoQ). This significantly underperformed…
Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group. Bitcoin (BTC) felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an…
The Ethereum mainnet’s gas limit could theoretically grow 100-fold and reach 2,000 transactions per second under a new Ethereum Improvement Proposal (EIP) put forward by Ethereum Foundation researcher Dankrad Feist. Feist, who had the blockchain’s “danksharding” data storage solution named after him, put forward EIP-9698 on April 27, which would introduce a “deterministic gas limit…
Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A group of RTFKT users led by Jagdeep Cheema claimed in the proposed class suit filed in a Brooklyn federal court on April 25 that they suffered…
Bitcoin price is correcting gains from the $95,000 zone. BTC is back below $94,000 and might test the $91,200 support zone in the near term. Bitcoin started a minor downside correction below the $94,000 zone. The price is trading below $94,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line…
Bitget has vowed to airdrop the recovered funds to users as questions swirl around the cause of the exploit. Bitget has vowed to airdrop the recovered funds to users as questions swirl around the cause of the exploit. matic-network, Law and Order Decrypt
The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY. Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is…
