Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only […] Source CryptoX Portal
In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in Tornado Cash Laundering Case The […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting their focus from established giants like Ethereum and Bonk to promising newcomers like InQubeta (QUBE) for potentially huge gains. Established cryptocurrencies became popular for a reason: previous growth. Consequently, the implication is that they have limited upside potential compared to new altcoins. As a result, in their quest for gains, investors have been looking beyond Ethereum (ETH) and Bonk (BONK) to InQubeta (QUBE), a newly launched…
In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […] Source CryptoX Portal
Asset management firm Franklin Templeton has launched its Ethereum exchange-traded fund (ETF), dubbed the “Franklin Ethereum TR Ethereum ETF,” with the ticker code EZET. The spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation website, a significant platform for securities transactions in the United States. The listing on the DTCC’s “Create/Redeem” column indicates that the ETF is now available for creation and redemption, signaling a significant step in its operational rollout. Franklin Templeton’s Ethereum spot ETF is now listed on DTCC | Source: DTCC The listing…
Phoenix Wallet, a Bitcoin (BTC) wallet designed for Lightning payments, has announced that it will stop serving U.S. residents on May 3. ACINQ, the company behind Phoenix Wallet, plans to remove the app from U.S. app stores, meaning users in the U.S. will no longer be able to access it from the said date. On May 3rd, 2024, @PhoenixWallet will be removed from US app stores. Users from the US should empty their wallet:– Settings > Close channels (Android)– Settings > Drain wallet (iOS) We highly recommend *not force-closing* channels,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum and Solana’s investors are latching onto the Pushd presale in droves as it aims to disrupt e-commerce. The presale is now in stage 6. The U.S. SEC has yet again shown a lack of enthusiasm for the approval of Grayscale’s petition for an Ethereum ETF. On the other hand, Solana faces rejection at critical resistance levels after experiencing a significant decline prior to Bitcoin’s halving. Meanwhile, both Ethereum…
Financial services firm Depository Trust and Clearing Corporation (DTCC) has announced it will not allocate any collateral or offer loans for ETFs with exposure to Bitcoin or other cryptocurrencies. As of April 30, during its annual line-of-credit facility renewal, the DTCC will adjust the collateral values for specific securities, potentially impacting their position values in the collateral monitor. The statement released on April 26 specified that ETFs and similar investment vehicles with Bitcoin or other cryptocurrencies as underlying assets would see their collateral value reduced to zero. However, crypto enthusiast…
In the wake of a turbulent period for U.S. banks, the Pennsylvania Department of Banking and Securities has shut down Philadelphia-based Republic First Bank, also known as Republic Bank. The Federal Deposit Insurance Corporation (FDIC) has stepped in as receiver, with Fulton Bank assuming nearly all deposits and assets. Republic First Bank Shuttered as FDIC […] Source CryptoX Portal
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If there’s one thing to count on in the blockchain world, it is the support that is never something to count on. While it may seem like we’re entering a bull market filled with substantial institutional investment thanks to ETFs and real-world asset (RWA) tokenization, any blockchain veteran would be correct in feeling a tinge of anxiety. After all, it’s easy to remember the corporate exodus from…