Exposing the Real Deal on XRP ETFs: No Launch on April 30, Confirmed by Bloomberg
Cryptocurrency Update by U.Today: Shattered Rumors of XRP ETF Approval, Hackers Swap 150 Billion Shiba Inu, Bitcoin Forecast to Soar to $200K by Presto
Join us as we spill the tea on the latest cryptocurrency happenings, straight from U.Today!
Demystifying the XRP ETF Launch Date Rumors
Thought you were getting your paws on an XRP ETF come April 30? Sorry to disappoint, folks. James Seyffart, an analyst at Bloomberg Intelligence, put an end to those tantalizing suggestions with a firm "no way" on X platform. Seyffart debunked the rumors that had been stirring up a storm, stemming from an ancient regulatory filing dating back to April 15, heavily misconstrued by press outlets and social media. ProShares, the revered name behind these ETFs, isn't ready to announce a launch date just yet. Though we can't say for certain when these ETFs will drop, Seyffart remains optimistic about their release, expecting them to launch in the short or medium term[1].
The Great Shiba Inu Swap: A Furry Tail of Hackery
By now, you've probably caught wind of the latest brouhaha surrounding Shiba Inu (SHIB). Yep, that's right. Bitrue Exploiter-tagged addresses have been flipping approximately 150 billion SHIB and 756 million Holochain (HOT) tokens for about 1,500 Ethereum (ETH)[2]. After the exchange, over 1,050 ETH was shipped off to TornadoCash, a crypto mixer famous for hiding transaction trails. At present, the hackers are joyride-cruising with 5,111 ETH and nearly 16 million DAI, tallying up to a hefty $25.5 million invoice. You'll recall that this escapade originated from a cyber heist on Bitrue in the year 2023, causing a staggering financial loss of approximately $23 million[3]. The mass sale of such an enormous amount of SHIB instills worry about its price stability and market volatility, with potential repercussions unfolding in the coming days. Keep your eyes peeled for subsequent developments[2].
Shibaroo-Hack Bitrue Exploiter SHIB Token Exchange Crypto Mixing Cobweb Smash and Grab near X-Files ### Enrichment Data:
- Despite rumors, no launch date for the XRP ETF has been confirmed, as per Bloomberg, which debunked a misinterpreted regulatory filing that initially sparked the excitement.
- The delay in the SEC's decision on Franklin Templeton's application for a spot XRP ETF was announced on March 22, 2023.
- In a recent development, Bitrue Exploiter-tagged addresses have been exchanging approximately 150 billion SHIB and 756 million Holochain (HOT) tokens for about 1,500 Ethereum (ETH).
- After the token exchange, over 1,050 ETH was sent to TornadoCash, a crypto mixer, raising concerns about the price stability and market volatility of SHIB.
- Crypto enthusiasts and investors should closely follow the ongoing Shiba Inu (SHIB) hack, which started from a cyber heist on Bitrue in the year 2023, causing a financial loss of approximately $23 million.
- The digital currency market, including Bitcoin and Ethereum, is closely watched by institutions and individual investors alike, with a significant impact on the wider financial and technological landscape.
- Trading cryptocurrencies like Bitcoin, Ethereum, and Shiba Inu carries inherent risks, and all investing decisions should be based on thorough research and the individual's risk tolerance. (Disclaimer)
- The blockchain technology that underpins crypto assets and decentralized finance has the potential to revolutionize various aspects of technology and finance, offering numerous benefits and opportunities.
