Author: James Wilson

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Decentralization is often idealized in crypto, but its real impact depends on how well it scales and solves real-world problems. It’s about empowering people, not just creating something that sounds good on paper. In decentralized physical infrastructure networks, decentralization encourages global participation and rewards real contributions. But the question remains, who takes responsibility when something breaks, when no single entity is in charge? While decentralization promises financial freedom, today’s cryptocurrency markets remain anything but stable or decentralized.…

After a significant price increase, a $265 million SUI token unlock is scheduled to take place this week, which could lead to selling pressure. On May 1, approximately 74 million Sui (SUI) tokens, or 2.28% of the circulating supply, will be unlocked, according to data from Tokenomist. The pending release adds fresh selling pressure at a moment when demand has been heating up. So far, only 33% of the total SUI supply is unlocked.  Meanwhile, Sui’s on-chain fundamentals have been strengthening. Total value locked on Sui-based protocols climbed 40% since the beginning of April, now sitting at $1.73 billion, as…

XRP has jumped above $2.30 as excitement grows ahead of the XRPFi launch, a new decentralized finance platform set to expand the token’s utility. XRPFi, built by Flare Networks, will go live on Apr. 29. It will introduce smart contract functionality to XRP (XRP), finally enabling holders to stake, lend, borrow, and trade within the Flare ecosystem. For years, XRP users were mostly limited to holding or trading their tokens, as XRP’s native ledger doesn’t support smart contracts. This kept XRP mostly out of the booming DeFi space. Flare’s solution uses a wrapped version called FXRP, which lets XRP connect…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As top tokens like DOT and AVAX gain attention this April, a new contender, XYZVerse, is quickly stealing the spotlight. April 2025 sees the market abuzz as experts examine key tokens like XYZ, DOT, AVAX, and LINK. Yet, one platform is emerging as a standout, XYZVerse. What is making XYZVerse outshine its peers? This article explores the reasons behind XYZVerse’s rise and why it is capturing the market’s attention. Undervalued XYZ memecoin gears up for listing on a major…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With crypto adoption at an all-time high, more investors are turning to crypto-backed loans to unlock liquidity without selling their assets. As global crypto adoption accelerates, investors are increasingly seeking ways to access liquidity without selling their assets. Crypto-backed loans have surged in popularity, allowing crypto owners to use their crypto holdings as collateral to borrow funds. This approach enables investors to retain ownership of their crypto and avoid taxable events like selling while accessing liquidity for new investments,…

Exchange-traded funds issuer ProShares is set to unveil three XRP ETFs on April 30, following approval from the U.S. Securities and Exchange Commission. According to an official Form N-1A filing, the new XRP (XRP) ETFs include ProShares’ Short XRP ETF, Ultra XRP ETF, and UltraShort XRP ETF. Each product comes with a different leverage, which lets traders choose between the three XRP-backed futures set to begin trading on April 30. The Ultra XRP ETF offers 2x leverage, while the Ultra Short XRP ETF boasts an inverse leverage of -2x. Lastly, the firm’s Short XRP ETF will also provide an inverse…

A South Korean lawmaker accused Bithumb of using dark patterns to charge users higher fees than advertised. Cryptocurrency exchange Bithumb earned more than 140 billion won (nearly $97.6 million) in extra fees by using unclear processes that misled users, The Maeil Business Newspaper reports, citing a South Korean lawmaker. Kim Jae-sup, a member of the People’s Power party, revealed that Bithumb earned 672.79 billion won in total fees between February 2023 and February 2024, referring to data submitted by the Financial Supervisory Service. During the period, Bithumb advertised a “lowest commission in Korea” of 0.04%. In reality, however, the average…

Casper price gained momentum on Monday as it rallied over 130%, making it one of the best-performing tokens in crypto. CSPR, the native token of the Casper Network, shot up to an intraday high of $0.023 on April 28, its highest point since Dec. 9 last year. From its lowest level this year, the token has now surged more than 180%. Its market cap climbed to around $215 million, while daily trading volume exploded by nearly 2,500% from the previous day, hovering around $115 million. The surge coincided with a sharp increase in futures open interest, which hit a 5-month…

Crypto lender Nexo is resuming operations in the United States, two years after settling a $45 million fine with the SEC. Cryptocurrency lending firm Nexo is re-entering operations in the United States, nearly two years after settling a $45 million fine with the U.S. Securities and Exchange Commission over its unregistered lending product. Nexo returns to the U.S. market.We are embracing renewed optimism and entrepreneurial momentum to deliver our full products to American clients in a supportive environment. 🧵 pic.twitter.com/WWF624Dr4f— Nexo (@Nexo) April 28, 2025 In an X announcement on Monday, Nexo revealed that retail and institutional clients in the…

A cohort of non-fungible token holders has filed a class-action lawsuit against Nike over the abrupt shutdown of its RTFKT platform. According to a filing with the U.S. District Court for the Eastern District of New York, the plaintiffs claim Nike carried out a “rug pull” by promoting sneaker-themed NFTs, pocketing profits from initial and secondary sales, and then shutting down RTFKT in January 2025, leaving holders with steep losses and worthless assets. The lawsuit, led by an RTFKT holder, Jagdeep Cheema, seeks $5 million in damages and calls for a trial by jury to decide the claims. It accuses…