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Ethereum family, We have two major updates today, three smaller ones, and a bunch of reminders about Devcon SEA and how you can get involved ahead of getting together in Bangkok from November 12-15. Ticket sales are open NOW! Get your Devcon ticket! You can apply now for various builder and local discounts. Check out all ticket types, and apply for discounts here. Self-claimable discounts We are giving discounts to Ethereum contributors. Check to see whether your Ethereum address or GitHub username is eligible for a Devcon discount here. Discounts are limited, so be sure to claim yours in time!…

The U.S. Securities and Exchange Commission is suing a non-fungible token project, marking the first time the authority has taken enforcement action against a company for selling unregistered NFTs. Impact Theory, a Los Angeles-based media company, “encouraged potential investors to view the purchase of Founder’s Key [the company’s NFT project] as an investment into the business, stating that investors would profit from their purchases if Impact Theory was successful in its efforts,” the SEC order said, adding that the digital assets offered to investors were in the form of “investment contracts” and therefore “securities.” All in all, Impact Theory raised…

Key takeaways:XRP futures ETF approval fuels bullish momentum ahead of April 30 potential launch.Whales are stacking XRP despite recent sharp corrections.A technical breakout hints at a potential 55% rally toward $3.63.XRP (XRP) rose by nearly 5% to hit an intraday high of $2.36 on April 28, extending a three-week rebound that has lifted its price by over 46%.XRP/USD daily price chart. Source: TradingViewProShares’ XRP futures ETF buzz boosts priceXRP’s price rise today follows a fundamental boost from the potential launch of three XRP-based futures exchange-traded funds (ETFs) by ProShares.The ETFs—ProShares XRP Strategy ETF, ProShares Short XRP Strategy ETF, and ProShares…

In a press briefing during the spring meetings of 2025, the IMF highlighted that, according to their data, El Salvador has complied with the bitcoin non-accumulation agenda to which it committed. Nonetheless, the country continues to report regular bitcoin purchases. IMF States El Salvador Has Not Accumulated More Bitcoin, but Bukele Keeps ‘Buying’ The controversy […]

Wallet interoperability still remains the vision for Web3 gaming, according to Arthur Madrid, the co-founder and CEO of the decentralized metaverse and gaming platform The Sandbox. In an exclusive interview with Cointelegraph at the Crypto Polo event in Dubai, Madrid and The Sandbox co-founder and chief operating officer Sebastien Borget told Cointelegraph that Web3 gaming interoperability remains the goal for The Sandbox. Madrid said: “So, the vision is still kind of obvious for us. It’s like you need to be able to play any games using one wallet that will enable you to combine the utilities of all that you collected and…

Ethereum Foundation has clarified that the upcoming Pectra upgrade will not include the highly debated EOF changes as those will come with the next upgrade, Fusaka. In his April 28 post on X, Ethereum Foundation Co-executive Director Tomasz K. Stańczak said that the upcoming Pectra upgrade, slated for May 7, does not include EOF, stating: “The Pectra upgrade does not include EOF, nor [is it] intended to include EOF. Everything on Pectra is going as planned for the May 7th release.” EOF, which stands for Object Format, is a major overhaul of Ethereum’s execution engine intended to optimize and modularize…

Pictures of 100 Birkin bags covered in shaggy, multi-colored fur have become the focus of a court dispute that will decide how digital artists can depict commercial activities in their art and cast new light on whether brands are protected in the metaverse.In the case, being heard this week in a New York federal courtroom, the luxury handbag maker Hermès is challenging an artist who sells the futuristic digital works known as NFTs or non-fungible tokens.Artist and entrepreneur Mason Rothschild created images of the astonishingly expensive Hermès handbag, the Birkin, digitally covered the bags in fur and turned the pictures…

Altcoins are far from out of the picture, despite Bitcoin’s undeniable dominance.  The era of unpredictable “altcoin seasons” is over, giving way to the steady, calculated rise of altcoin cycles. There’s no doubt about it – the 2024 cycle was all about Bitcoin[BTC]. Its historic run to $100k left little room for anything else in the spotlight. However, while Bitcoin commanded attention, AMBCrypto discovered that altcoins weren’t just passive observers. Contrary to the prevailing narrative, there are clear signs of a subtle, but significant shift. Altcoins are quietly strengthening, building the foundation for their cycle. While we may not be…

Cryptocurrency exchange-traded products (ETPs) bounced back with their third-largest inflows on record last week, according to CoinShares.Global crypto ETPs collectively posted $3.4 billion of inflows in the trading week of April 21–25, marking the highest level since December 2024, CoinShares reported on April 28.The inflows were just 13% below the all-time high of $3.85 billion seen in the trading week of Dec. 2–6, 2024, CoinShares previously reported.Renewed investment interest in crypto ETPs came as Bitcoin (BTC) broke back above $90,000 last week for the first time since briefly retesting the price mark in early March, according to CoinGecko.Bitcoin ETFs lead…

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 “significant damages” as a result of Nike touting its sneaker-themed NFTs to gain investors, then shuttering the platform.The suit claimed the NFTs were unregistered securities, as Nike sold them without registering with the Securities and Exchange Commission. It accused the company of using “its iconic brand…