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Nike sued for $5 million over its shutdown of NFT platform RTFKT

28.4.2025
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...

Researcher proposes scaling Ethereum gas limit by 100x over 4 years

28.4.2025
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...

New Bitcoin price all-time highs could occur in May — Here is why

28.4.2025
Key takeaways:Heavy liquidations played a role in Bitcoin’s return to $95,000.Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset.Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above...

Riot Platforms secures $100M ‘Bitcoin-backed’ loan from Coinbase

23.4.2025
Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as the cryptocurrency miner eyes continued expansion. The $100 million loan from Coinbase’s credit arm marks Riot’s “first Bitcoin-backed...

Gold-backed vs USD-backed stablecoins: Key differences

21.4.2025
What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days...

Gold-backed vs USD-backed stablecoins: Key differences

21.4.2025
What are gold-backed stablecoins, and how do they work? Gold-backed stablecoins are digital currencies pegged to physical gold reserves and designed to maintain a stable value. The concept of gold-backed digital currencies dates back to the early days...

Circle, BitGo about to apply for bank charters, others may follow: WSJ

21.4.2025
Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses.According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and others are considering applying...

Michael Saylor’s Strategy bagged 6,556 Bitcoin for $555.8M last week

21.4.2025
Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000.Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price...

Hashkey takes aim at XRP ETF in Asia with new fund backed by Ripple

18.4.2025
Hong Kong-based crypto investment firm HashKey Capital announced the launch of an XRP fund, with plans to convert it into an exchange-traded fund (ETF) in the future.According to an April 18 announcement, the fund, officially titled the HashKey XRP Tracker Fund, is reportedly “the first...

Trump’s World Liberty Financial buys $775K in SEI in altcoin buying spree

14.4.2025
The Trump family-backed crypto project World Liberty Financial (WLFI) has added 4.89 million SEI tokens valued at $775,000 to its portfolio, according to onchain data. Data from blockchain analytics firm Arkham Intelligence shows the purchase was made on April 12 by one of WLFI’s trading...

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