Cryptocurrency news roundup by U.Today: Rumors of an XRP ETF denied by Bloomberg, Shiba Inu tokens worth 150 billion stolen by hackers, and Presto's prediction of Bitcoin reaching $200,000.
Headlines from U.Today's Latest Stories:
XRP ETF Launch Date Delayed: Bloomberg Clears the Air
Contrary to rumors buzzing around, keen analyst James Seyffart from Bloomberg Intelligence has put an end to speculations about the launch date of the ProShares' futures-based XRP ETFs. Seyffart debunked the April 30 launch date hype, stating that it's nothing but an old regulatory filing rehashed from April 15 [1][5]. In essence, the ETFs are not expected to launch on the said date and the actual launch is anticipated in the short to medium term[5]. Stay tuned for more updates on the potentially game-changing ETFs!
Shiba Inu ($SHIB) and Holochain ($HOT) Swiped by Hackers: What's the Scoop?
In a startling revelation, PeckShield blockchain security company reported that Bitrue Exploiter-labeled addresses have swapped a whopping 150 billion Shiba Inu ($SHIB) and around 756 million Holochain ($HOT) tokens for approximately 1,500 Ethereum ($ETH) [2]. Following the exchange, a substantial chunk of funds, around 1,050 ETH, found its way into TornadoCash, a notorious crypto mixer known for obscuring transaction histories [2]. The hackers are now sitting on roughly 5,111 ETH and nearly 16 million DAI, amounting to close to $25.5 million [2]. The cyberattack on Bitrue in 2023 resulted in a massive financial loss of about $23 million [2]. The significant sell-off of $SHIB is casting concerns over its price and market volatility, especially since recent trading activity showed signs of strain [2]. Keep your eyes open and stay abreast of the evolving situation!
#XRP ETF #SHIB News #Bitcoin
[1] ProShares XRP Futures ETFs Regulatory Filing[2] PeckShield's Report on $SHIB and $HOT Swap[3] Polymarket's Odds for 2025 XRP ETF Approval[4] U.Today's Article on XRP ETF Rumored to Launch on April 30[5] Bloomberg's Commentary on XRP ETF Launch Date Clarification
- Despite speculations, the launch date of the ProShares' futures-based XRP ETFs is not anticipated on April 30, as confirmed by James Seyffart from Bloomberg Intelligence, and the short to medium term is considered more likely.
- Shockingly, Bitrue Exploiter-labeled addresses have swapped approximately 150 billion Shiba Inu ($SHIB) and 756 million Holochain ($HOT) tokens for around 1,500 Ethereum ($ETH), according to a report by PeckShield blockchain security company.
- Strangely, a significant portion of the funds, about 1,050 ETH, was transferred to TornadoCash, a crypto mixer notorious for concealing transaction histories, following the hack.
- The hackers are currently in possession of roughly 5,111 ETH and nearly 16 million DAI, equating to nearly $25.5 million.
- The cyberattack on Bitrue in 2023 resulted in a massive financial loss of about $23 million.
- The significant sell-off of $SHIB is causing concern over its price and market volatility, especially since recent trading activity indicated signs of strain.
- This article serves as a disclaimer: crypto news, including XRP ETF, Shiba Inu ($SHIB), Bitcoin, and Ethereum ($ETH), should be closely monitored for potential impacts on liquidity, trading activity, and the overall technology market.
