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🚨Crypto enthusiast alert!🚨 A London-based cryptocurrency investor, pseudonymously known as Ram, has been robbed of nearly all his digital assets, losing over $4M in a shocking home invasion! 😱 Three machete-wielding robbers forced Ram to transfer his crypto holdings to their accounts. They were well-informed about his crypto stash and residence. Ram was made to open his Ledger wallet and transfer $3.7M worth of Ether (ETH) to the robbers' addresses. 😰 Etherscan data reveals that 1,098 ETH and 13 ETH were moved from two addresses. At the time, ETH was trading at around $3,400, making the stolen stash worth over $3.77M. Post-robbery, Ram's wallet holds less than $63,000 in various crypto assets. 😔 In a bid to recover his funds, Ram reached out to on-chain detective ZachXBT and crypto exchanges Binance, Coinbase, and Kraken. It was revealed that the robbers were selling the assets on Kraken via the Bitrefill payment gateway. The Kraken Support team is now investigating the incident, offering a glimmer of hope for Ram.🕵️‍♂️ This unfortunate event underscores the importance of keeping your crypto holdings under wraps. While physical crypto thefts are rare, online attacks are increasing. Stay safe, crypto enthusiasts! 💪🔒

🚨Crypto enthusiast alert!🚨 A London-based cryptocurrency investor, pseudonymously known as Ram, has been robbed of nearly all his digital assets, losing over $4M in a shocking home invasion! 😱

Three machete-wielding robbers forced Ram to transfer his crypto holdings to their accounts. They were well-informed about his crypto stash and residence. Ram was made to open his Ledger wallet and transfer $3.7M worth of Ether (ETH) to the robbers' addresses. 😰

Etherscan data reveals that 1,098 ETH and 13 ETH were moved from two addresses. At the time, ETH was trading at around $3,400, making the stolen stash worth over $3.77M. Post-robbery, Ram's wallet holds less than $63,000 in various crypto assets. 😔

In a bid to recover his funds, Ram reached out to on-chain detective ZachXBT and crypto exchanges Binance, Coinbase, and Kraken. It was revealed that the robbers were selling the assets on Kraken via the Bitrefill payment gateway. The Kraken Support team is now investigating the incident, offering a glimmer of hope for Ram.🕵️‍♂️

This unfortunate event underscores the importance of keeping your crypto holdings under wraps. While physical crypto thefts are rare, online attacks are increasing. Stay safe, crypto enthusiasts! 💪🔒

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🎉Big news, BTC enthusiasts! Hashdex, a crypto asset management firm, is seeking approval to launch an ETF backed by both Bitcoin and Ethereum, the two crypto giants. 🚀 According to a form 19b-4 discovered on the Nasdaq stock exchange, Hashdex has requested permission from the SEC to list shares of the Hashdex Nasdaq Crypto Index US ETF. The assets of this trust will consist of Bitcoin and Ethereum, with a market cap weighted exposure. As of May 27 prices, this implies a 70.54% allocation to BTC and a 29.46% to ETH. 💼 But wait, there's more! The ETF won't seek performance that is the multiple or inverse multiple of the Trust’s index. It also won't stake any of the Ethereum held with the fund to try to earn yield. 📊 This move follows the listing of Bitcoin spot ETFs in January and the SEC’s recent confirmation that Ethereum spot ETFs will go live this summer. Unlike other crypto ETFs, this fund intends to use multiple custodians for its assets, including Coinbase and BitGo. 🏦 While Hashdex’s filing stated it would “not invest in any other spot crypto asset besides bitcoin and ether,” there's a hint that other cryptos could be included if approved as commodities by regulators. The SEC has until March 2025 to approve or deny the product. 🕰️ Bloomberg ETF analyst James Seyffart said, “Shouldn’t be a surprise to anyone — makes a lot of sense. Bringing something like this to the US makes complete sense as a future goal.” 🎯 So, let's keep our eyes on the crypto horizon, folks! 🌅
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