This is what happened in crypto today.
Two Wall Street asset managers have revamped their offerings for spot ether exchange-traded funds. The hamster frenzy shows no signs of letting up as Bybit has announced that it is listing a token for pre-market trading for Hamster Kombat. Meanwhile, scammers impersonating Coinbase reps swindled $1.7 million from a single victim in a single phone call.
VanEck, 21Shares files S-1 amendments with SEC
Asset managers VanEck and 21Shares have filed their S-1 filings with the US Securities and Exchange Commission (SEC) to list their Ether ETF shares.
According to filings filed July 8, VanEyck amended its registration statement as part of the asset manager's ongoing efforts to obtain approval from the SEC for the spot ether ETF. Meanwhile, 21Shares has filed the same for the Core Ethereum ETF. Both did not specify a date for the submission to begin for their products.
The amendments are part of the final approval process required by the securities regulator before spot ETFs can be listed and traded. As Cointegraph reports, Bitwise filed its own updated registration last week.
On May 23, the SEC approved Spot Ether ETF 19b-4 filings from eight asset managers. Next month, SEC Chairman Gary Gensler said approval of the S-1 filings was expected “sometime this summer,” but he did not specify a date.
Bybit lists Hamster Kombat's pre-marketing.
Cryptocurrency exchange Bybit is increasing its support for emerging projects on the Telegram Open Network (TON) by listing a token for the record-breaking pre-market trading game Hamster Kombat.
Baybit, on July 8, officially announced the listing of the Hamster Combat (HMSTR) token on Baybit Pre-Market Trading's over-the-counter (OTC) platform.
The platform is designed to trade new tokens before their official listing, allowing buyers and sellers to establish quotes and execute trades at predetermined prices.
According to the announcement, the Baybit Premarket OTC platform for HMSTR started trading on July 8 at 10:00 am UTC. The statement reminded that the details of the delivery schedule will be announced soon.
Bybit emphasized that the inclusion of HMSTR tokens on the pre-market platform represents a “huge step forward” by giving users the opportunity to get their hands on HMSTR tokens before registering for spot trading. The organization added:
“This exclusive access allows users to secure HMSTR tokens ahead of the market and lock in their buy or sell price in advance, marking a new development in our trading offering.”
Scammers impersonating Coinbase steal $1.7M in one scam call
Coinbase users reported being targeted by scammers posing as Coinbase employees last week, with one victim defrauded out of $1.7 million.
Edge & Node co-founder Tegan Klein shared that her friend took $1.7 million from a scammer who tricked them into sharing part of their phrase by pretending to be from Coinbase.
The scam involved several emails that appeared to be from Coinbase, claiming that the victim's wallet was being drained. The victim is told to enter the genealogy on a website to stop, but if they hesitate, just type “part” without sending the information – still enough for the scammer to capture part of their genealogy and the computer to guess it. resting
Meanwhile, two X users said a scam caller from Coinbase said someone tried to log into their Coinbase account. The scammer sent a phishing email to a user as a password reset – with the aim of capturing the account's password.
In the year Around $1.19 billion was lost to crypto security issues in the first half of 2024 – more than $900 million was stolen through phishing and pedigree attacks.
Additional reporting by Felix Ng, Sam Bourgi and Geraint Price
