Author: Kryptonews
An altcoin associated with a decentralized physical infrastructure network (DePIN) project surged by nearly 44% on Friday after receiving a prominent exchange listing. On Thursday, the South Korean crypto exchange giant Bithumb announced it was listing XYO, the native token of the XYO Network. The XYO Network aims to process any type of decentralized data. Explains the project’s website, “Encompassing both a network and protocol, XYO can be used for aggregating, verifying, organizing, and utilizing decentralized data from any hardware node capable of running XYO-enabled software or firmware. XYO’s defining premise is decentralized verification, allowing network devices to verify the data…
Crypto market consolidates after a rally earlier this week; Bitcoin’s return above $94,000 supported trader sentiment. While most altcoins suffered a pullback in the market-wide correction, three tokens could yield gains for holders in the coming weeks: Dogecoin, Solana and ONDO. Dogecoin (DOGE), Solana (SOL) and Ondo (ONDO) could begin rallying in the coming weeks amidst several catalysts in the ecosystem. From U.S. President Donald Trump’s softening stance on tariffs to Bitcoin’s attempt to reclaim the “digital gold” title, a few altcoin rallies are pending and could yield gains for traders. Bitcoin pullback and what to expect Bitcoin started the…
Unichain – a Layer 2 solution developed by Uniswap Labs, officially launched its mainnet in February 2025. Built on OP Stack and integrated into the Superchain ecosystem, Unichain not only inherits the scalability of Optimism but is also designed to become the liquidity hub for the DeFi ecosystem.The Unichain ecosystem has rapidly attracted major protocols, including Uniswap — the leading DEX, which now reaches a peak daily trading volume of $85 million and generates over $1.2 million in trading fees.Why You Should Start Farming Early on UnichainIn mid-April 2025, Unichain announced a $50 million liquidity incentive program in partnership with…
Update (April 26 at 8:57 PM UTC): This article has been updated to include updates from Loopscale. Solana decentralized finance (DeFi) protocol Loopscale temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the lending protocol after taking out a “series of undercollateralized loans”, Loopscale co-founder Mary Gooneratne said in an X post. Loopscale has since “re-enabled loan repayments, top-ups, and loop closing”, but “[a]ll other app functions (including Vault withdrawals) are still temporarily restricted while we investigate and ensure mitigation of this exploit,”…
Bitcoin’s continuous rally that started earlier this week finally came to a halt at $96,000 as the asset failed to breach that level and has dropped by around two grand since then. Many altcoins have produced even more painful declines over the past 24 hours, including SOL, DOGE, ADA, and SHIB. BTC Rally Paused It was a great week for the primary cryptocurrency. It began on Monday with a breakout from the short-term upper range boundary at $86,000 that sent BTC above $87,000. The asset continued its run on Tuesday and it finally jumped past $90,000 – for the first…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum‘s price continues to display notable weakness and volatility, recording bearish monthly performances in the past few months. Despite the prolonged waning price movements, the network has experienced an uptick in activity, with investors significantly flocking to the blockchain. Surge In Ethereum New Adoption Rate Even though Ethereum’s price has faced notable bearish pressure, the network is witnessing a fresh wave of adoption. In a recent X post, world-leading market intelligence and on-chain data platform IntoTheBlock revealed a sharp uptick in ETH’s new users adoption rate. According…
When the analog warmth of vinyl collides with digital innovation, you get a truly collectible fusion of music, art, and algorithmic design On April 25th, a beautifully experimental cross-medium collaboration will come to life with the release of Pacific Spirit, a generative art and vinyl fusion from visual artist and friend of NFTCulture, Emily Nicoll (@enicoll) and Canadian electronic music producer 747 (Ryan Chan). Hosted on Art Blocks Studio, this drop fuses code, sound, and physical media—resulting in a collection that’s as tactile as it is collectible. Every NFT minted will serve as the unique vinyl sleeve for Pacific Spirit,…
Cryptocurrency is fast becoming the most important decentralized economic force of the 21st century. eCommerce and other merchants are now adopting crypto tokens and accepting cryptocurrencies at their online stores. If you want your business to thrive in the modern market, you should consider doing the same.To jump into the crypto market and fully understand what it means, you need to know some key terms. Today, let’s break down important crypto terms you should know as an eCommerce store owner or as a user of cryptocurrencies.MinerA crypto miner is someone who solves cryptographic hash problems to verify blockchain information. They…
Key Takeaways Brazil has introduced the first-ever XRP spot ETF, debuting on the B3 stock exchange. The ETF, managed by Hashdex, is set to track XRP’s price using the Nasdaq XRP Reference Price Index. Share this article The world’s first ETF that tracks the spot price of XRP, Ripple’s native crypto asset, officially debuted on Brazil’s main stock exchange B3 on April 25, according to a press release from Valor Econômico.The fund, dubbed Hashdex Nasdaq XRP Fundo de Índice, or Hashdex Nasdaq XRP FI, is managed by Hashdex and administered by Genial Investments Securities Brokerage SA. Genial Bank SA is…
Locked token holders have experienced an average drawdown of nearly 50% for their locked positions compared to over-the-counter (OTC) valuations in May 2024.According to data published by STIX founder Taran Sabharwal on April 22, holders could have exited their positions at double the current spot prices the previous year.Sabharwal shared data comparing fully diluted valuation (FDV) estimates from May 2024 against current FDVs as of April 2025 for major tokens, including JITO, BERA, ZRO, WLD, TIA, IO, W, ZK, EIGEN, SCR, and BLAST.Widespread devaluations across top tokensAmong the projects tracked, nearly all showed considerable valuation declines. SCR and BLAST recorded…
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