XRP whale selling has accelerated recently, with roughly $470 million moved in the past 10 days, but sustained trading volumes and retail accumulation suggest this activity looks like a redistribution
XRP sentiment remains bullish, noted the analyst, who also suggested the activity represented a redistribution.
Bitcoin ETFs lost $312 million and ether ETFs shed $240 million on Wednesday, extending the heavy outflow streak to a fourth consecutive day. In total, crypto ETFs have now seen $1.9 billion leave over the past four trading sessions. Bitcoin ETFs See $312 Million Exit, Ether Funds Lose $240 Million in Relentless Selloff The selloff
Bitcoin dominance was rejected at 65%, triggering a rapid decline to ~59.4% and igniting a broad altcoin rally; altcoin market cap has broken above $3.2T, signaling the early stages of
TL;DR The inclusion of new digital assets on Coinbase’s roadmap resulted in a significant price surge for some of the affected tokens. The exchange has not yet officially listed these cryptocurrencies, as they must first meet certain criteria. One Step Before Official Listing The leading US-based cryptocurrency exchange Coinbase added five altcoins to its roadmap on August 21. Among the names is the popular meme coin SPX6900 (SPX) as well as AWE Network (AWE), Dolomite (DOLO), Flock (FLOCK), and Solayer (LAYER). Some of the involved tokens experienced a substantial price boost following the announcement. The biggest gainer is FLOCK, whose valuation soared by 26%, while DOLO pumped by 10%. The rest have posted more modest increases, whereas SPX remains in red territory on a daily scale. FLOCK Price, Source: CoinGecko A positive price reaction for a certain cryptocurrency after support from Coinbase is rather normal . After all, such backing leads to boosted liquidity, enhanced accessibility, and a better reputation. It is important to note that adding digital assets to the roadmap is not the same as an official listing but rather a necessary step before such an initiative. It is a signal that Coinvase is actively evaluating the involved cryptocurrencies and might allow trading services once they meet certain criteria. “Transfers and trading are not supported for these or any other assets until a listing is officially announced . Depositing these assets into your Coinbase account before an official announcement may lead to permanent loss of funds,” the company warned. Previous Cases Coinbase’s support in the past months has resulted in similar and even more substantial price pumps for the involved cryptocurrencies. In mid-July, the exchange added Caldera (ERA) to its iOS & Android applications with the “Experimental” label, which was followed by a 75% rally. This section comprises tokens that are either new to the platform or have relatively low trading volume compared to the broader crypto marketplace. “We encourage you to exercise caution with these assets as they come with certain risks, including price swings and cancelled orders associated with lower volume and availability,” Coinbase alerted at the time. A week later, the exchange added BankrCoin (BNKR), Jito Staked SOL (JITOSOL), and Metaplex (MPLX) to its roadmap. BNKR was the biggest gainer, rising by 27% after the disclosure. The post These Altcoins Surge Double Digits After Coinbase Support: Details appeared first on CryptoPotato .
On August 22, on-chain monitoring by @mlmabc and reporting from COINOTAG identified that an historical whale with funds traced to the BitForex hot wallet executed notable portfolio rotation: selling 2,970
Aave has launched on the Aptos blockchain, enabling Aave to offer lending and borrowing services on Aptos’ high-throughput Layer 1. This expansion aims to reduce transaction costs and increase scalability
The U.S. Office of the Comptroller of the Currency (OCC) has lifted its 2022 consent order against Anchorage Digital. The order was implemented during the Biden administration due to concerns about the bank's anti-money laundering (AML) and know-your-customer (KYC) programs. “The OCC said in a statement today that the order remains in place to ensure the bank's safety, soundness, and legal compliance.” The softening of regulators' stance on cryptocurrencies over the past year during the Trump administration has been notable. The Fed previously withdrew its guidance discouraging banks from participating in cryptocurrencies. Last month, the Fed and the OCC issued a joint statement outlining how existing rules regarding banks holding crypto assets on behalf of customers will be implemented. Related News: BREAKING: Already Signaled Today - Coinbase Quickly Listed the Expected Altcoin Anchorage Digital is the first and only federally licensed crypto bank in the US. CEO Nathan McCauley said in a statement: “We embarked on this journey nearly five years ago, building the world's most regulated digital asset bank. Along the way, we've established federal digital asset custody standards by incorporating feedback from regulators.” In recent months, companies like Paxos, BitGo, Ripple, and Circle have also applied for national trust charter licenses, spurred by a more friendly political climate. McCauley welcomed the competition, saying, “When it comes to crypto, no bank can do it alone.” *This is not investment advice. Continue Reading: Another Crypto-Hostile Decision from the Biden Administration in the US Has Been Reversed – Official Statement Released
MOCA token launched on Kraken on August 20, 2025, opening spot trading and expanding Moca Network’s global reach. The listing supports MOCA’s utility for staking, governance, and gas within a
BitcoinWorld Shocking Social Engineering Scam: $91M Bitcoin Heist Uncovered The cryptocurrency world recently witnessed a shocking incident: a massive social engineering scam that resulted in the loss of 783 Bitcoin, valued at approximately $91 million. This staggering theft serves as a stark reminder of the persistent threats lurking in the digital asset space. On August 19, 2025, a victim fell prey to sophisticated impersonation tactics, believing they were interacting with legitimate exchange and hardware wallet support. The funds, once stolen, were quickly traced to Wasabi Wallet, a privacy-focused Bitcoin wallet. This unfortunate event unfolded on the one-year anniversary of the $243 million Genesis Creditor theft, highlighting a disturbing trend of high-value crypto heists. What Exactly Happened in This Bitcoin Social Engineering Scam? Blockchain analyst ZachXBT, a well-known figure for tracking illicit crypto activities on X (formerly Twitter), brought this significant loss to light. The details reveal a meticulously planned social engineering scam where the attackers skillfully mimicked official support channels. They likely exploited common vulnerabilities: trust, urgency, or a lack of technical understanding. Victims of such scams often believe they are resolving an issue or performing a necessary security check. Inadvertently, they grant access to their valuable digital assets. This particular incident underscores the evolving sophistication of cybercriminals. They are no longer just relying on phishing emails but are engaging in more personalized and elaborate schemes. By impersonating trusted entities like crypto exchanges and hardware wallet providers, they gain the confidence of their targets. This makes it incredibly difficult for even experienced users to discern the deception. The immediate transfer of funds to Wasabi Wallet suggests an attempt to obscure the trail, a common tactic used by criminals to launder stolen cryptocurrency. How Do Social Engineering Scams Target Crypto Holders? A social engineering scam relies on psychological manipulation rather than technical exploits. Scammers trick individuals into revealing sensitive information or performing actions that compromise their security. For crypto holders, this often involves: Impersonation: Posing as customer support from exchanges, wallet providers, or even well-known crypto influencers. Phishing: Sending deceptive emails or messages with malicious links that lead to fake login pages. Vishing (Voice Phishing): Making phone calls pretending to be support staff, guiding victims through steps that lead to theft. Smishing (SMS Phishing): Sending fraudulent text messages. Baiting: Offering enticing but fake incentives (e.g., free crypto, exclusive access) to trick users into clicking malicious links. The goal is always the same: to gain access to private keys, seed phrases, or login credentials. Once these are compromised, the scammer can drain the victim’s wallet within minutes. This leaves little recourse for recovery. The human element remains the weakest link in cybersecurity, and these attackers exploit it masterfully. Protecting Your Assets: Defending Against a Social Engineering Scam While the scale of the $91 million Bitcoin theft is daunting, you can take proactive steps to protect your crypto holdings from a social engineering scam . Vigilance and adherence to best security practices are paramount: Verify Everything: Always independently verify the identity of anyone claiming to be from support. Do not use contact information provided in suspicious emails or messages. Instead, go directly to the official website of the exchange or wallet provider. Be Skeptical of Urgency: Scammers often create a sense of urgency to pressure you into hasty decisions. Legitimate support will rarely demand immediate action under duress. Never Share Sensitive Information: Your private keys, seed phrases, and passwords should never be shared with anyone, not even “support.” No legitimate service will ever ask for this information. Enable Two-Factor Authentication (2FA): Use strong 2FA methods, preferably hardware-based (like YubiKey), on all your crypto accounts. Educate Yourself: Stay informed about common scam tactics. Knowledge is your best defense against a social engineering scam . Use Hardware Wallets: For significant holdings, hardware wallets provide an extra layer of security, keeping your private keys offline. Remember, if something feels off, it probably is. Trust your instincts and err on the side of caution. The recent $91 million Bitcoin theft serves as a powerful cautionary tale for the entire crypto community. It highlights the critical importance of robust personal security practices in an environment where sophisticated cybercriminals are constantly evolving their tactics. By understanding the mechanics of a social engineering scam and implementing strong preventative measures, you can significantly reduce your risk of becoming the next victim. Stay vigilant, stay informed, and protect your digital future. Frequently Asked Questions About Crypto Scams Q1: What is a social engineering scam in the context of cryptocurrency? A1: A social engineering scam in crypto involves tricking individuals, often through impersonation or psychological manipulation, into revealing sensitive information like private keys or login credentials, which then allows scammers to steal their digital assets. Q2: How can I verify if a support message from an exchange is legitimate? A2: Always go directly to the official website of your exchange or wallet provider. Do not click on links in emails or messages. Look for official contact information on their website and reach out through those verified channels. Q3: What should I do if I suspect I’m being targeted by a social engineering scam? A3: Do not engage with the suspected scammer. Immediately block their contact and report the incident to the official support channels of the relevant platform. Change any compromised passwords and enable stronger security features like 2FA. Q4: Are hardware wallets completely immune to social engineering scams? A4: Hardware wallets significantly enhance security by keeping private keys offline. However, they are not entirely immune if a user is tricked into approving a malicious transaction on the device itself or revealing their seed phrase. Vigilance is always key. Q5: Why are social engineering scams so effective? A5: These scams are effective because they exploit human psychology, such as trust, fear, and urgency. Scammers are skilled at creating believable scenarios and impersonating trusted entities, making it difficult for victims to recognize the deception. If you found this article helpful, please consider sharing it with your friends and on your social media platforms to help spread awareness about the dangers of social engineering scam s in the crypto space. Your share can help protect others! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Shocking Social Engineering Scam: $91M Bitcoin Heist Uncovered first appeared on BitcoinWorld and is written by Editorial Team