Author: James Wilson

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…

Bitget is taking legal action against eight accounts involved in the manipulation of the VOXEL token, which led to an unusual price surge and market instability.  The exchange’s head of Asia, Jiayin Xie, revealed in an  Apr. 27 post on X that Bitget would issue eight legal letters, targeting the individuals suspected of improperly gaining more than $20 million from the incident. Xie noted that the exchange plans to distribute 100% of any recovered funds from the legal proceedings to platform users through airdrops. 看到有社区在讨论BG发出的律师函，我核实后，想跟大家澄清几个细节：1、Bitget 将陆续发出8份律师函。2、这8个账户疑似相关联的专业羊毛利益集团，是导致本次VOXEL事件的主要始作俑者，并从中不当得利超过2000万美金。3、追回的资金，Bitget 将100% 以空投形式发放给平台用户！…— 谢家印 (@xiejiayinBitget) April 27, 2025 He assured the community that users who…

Decentralized finance platform Loopscale has reached an agreement with the hackers who exploited its system, securing the return of stolen funds in exchange for a bounty. In an Apr. 28 post on X, Loopscale confirmed that the hacker behind its recent $5.8 million exploit had agreed to return the stolen funds in exchange for a 10% bounty. The platform thanked the hacker for being willing to settle the dispute amicably. In the upcoming days, they also promised to provide updates on the resumption of vault withdrawals and a comprehensive post-mortem of the incident. At 3:52PM ET today, we received a…

Cryptocurrency is increasingly becoming a popular investment option for many individuals and businesses, but it comes with the responsibility of accurately reporting crypto-related income and gains for tax purposes. Kryptos is a promising solution for calculating your crypto taxes, designed to make the process as easy and stress-free as possible. In this Kryptos review, we’ll take a closer look at the features and capabilities of the Kryptos app and evaluate its effectiveness as a crypto tax software for investors like you. Overview Kryptos is a crypto tax software founded in 2020 by Sukesh Kumar Tedla, headquartered in Sweden. He is…

World Liberty Financial founders met with Binance co-founder Changpeng Zhao to discuss ways to grow crypto adoption and set new industry standards. Announced on Apr. 27 via a post on X, WLFI said its founders Zach Witkoff, Zak Folkman, and Chase Herro sat down with CZ in Abu Dhabi to discuss growing global adoption and the next steps for crypto innovation.   The meeting is part of WLFI’s ongoing strategy to penetrate new markets. As no direct funding announcements or new token issuances have been made public, the meeting’s immediate results are still unknown. In another related development, on Apr. 27,…

Developers have widely used Crypto APIs to develop crypto applications, perform critical analysis, and make crypto more easily accessible to people. These are some of the best crypto APIs for developers. All the essential aspects of cryptocurrency APIs have been covered in this article. Summary Crypto APIPricing PlanEase of useCustomer Support Now NodesFree and Paid plans start from 3 Euro.EasyYes Coinbase APIFreeEasyYes Brave New Coin APIFree and Paid plans starting from $40/monthEasyYes LunarCrush APIPaid with two weeks free trialEasyYes Crypto Compare APIFree and Paid plans start from $79.99 per monthEasyYes Nomics APIFree and a business (paid) planEasyYes Crypto APIsFree and Paid plans starting from 99 Euro/monthEasyYes CoinMarketCap APIFree…