BNB Chain's Maxwell upgrade decreases block time, enhancing performance and reliability. Technical proposals improve validator coordination and transaction confirmation speed. Continue Reading: Maxwell Upgrade Boosts BNB Chain’s Performance to a New Level The post Maxwell Upgrade Boosts BNB Chain’s Performance to a New Level appeared first on COINTURK NEWS .
A Texas man is suing the financial giant Citibank for allegedly enabling scammers in a $20 million pig butchering scheme. Pig butchering scams typically involve scammers gaining the trust of victims over time to convince them to invest digital assets or cash into fraudulent websites that they control. Michael B. Zidell says in newly filed court documents that he was contacted on Facebook in early 2023 by someone claiming to be a California business owner named Carolyn Parker. Zidell says he perceived a romantic relationship developing with Parker, who told him that she had invested in non-fungible tokens (NFTs) on a website called “OpenrarityPro.com” and made millions of dollars in investment gains. Zidell sent 43 wire transfers totalling $20 million to different accounts to “make a market” for NFTs on OpenarirtyPro.com as Parker had instructed. Of those, 12 transfers worth nearly $4 million were sent to one Citibank account called Guju, Inc. A month or so after Zidell started investing, OpenrarityPro.com displayed his account as being worth more than $300 million, but when he tried to withdraw some of the funds, he was told he’d have to send more money to cover a “risk deposit,” according to the court documents. In late April, the OpenrarityPro.com website disappeared, and Zidell began to suspect he was the victim of fraud. Zidell’s lawyers argue in the court documents that Citibank didn’t exercise thorough due diligence on the Guju account. “In the account opening documents for Defendant Citibank’s accounts for Guju, Inc., their customer states that it will receive no wire transfers, and the total value of the wires it would out would be less than $250,000 per month. In fact, the wires they say they will send are $8,000 transfers to China. The reality was obviously different. The account received no less than twelve (12) wires from Plaintiffs and dozens from others. Some of the outbound wires exceeded $2,000,000.00. Even worse, the account stated an annual gross revenue of $300,000 and Guju received more than 12 times that amount from Plaintiffs alone in two weeks. The first wire from Plaintiffs exceeded Guju’s stated annual revenue by almost 50%.” Zidell’s lawyers also argue Citibank operated recklessly and provided “substantial assistance” to Parker and her co-conspirators by opening bank accounts and providing services. “Defendant is liable as an aider and abettor as it, directly or indirectly, knew of the tortious conduct of the NFT Enterprise because the transactions at issue expressly contradicted the account opening documents and violated… ‘red flags.’ Defendant materially aided the seller or issuer of a security and are, therefore, jointly and severally liable with the seller or issuer and to the same extent as the seller or issuer.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/tunnelmotions/Sensvector The post Lawsuit Alleges Citibank Ignored Red Flags, Aided Scammers in $20,000,000 Pig Butchering Romance Scam appeared first on The Daily Hodl .
Tao Alpha, a publicly traded entity on the UK stock exchange, has officially rebranded to Satsuma Technology. This strategic renaming aligns with the company’s ongoing commitment to advancing the Bittensor
Blockchain game Captain Laserhawk: The G.A.M.E. is integrating AI agents that can make governance decisions on behalf of players.
As crypto markets begin building momentum for the anticipated 2025 bull run, investor attention is shifting toward assets that could deliver the strongest returns. Ethereum and Dogecoin remain two of the most recognizable names in the space — each with their own narrative and legacy strength. But in the shadow of these giants, a new contender is rising. MAGACOIN FINANCE is rapidly gaining momentum and positioning itself as one of the most high-conviction plays for the upcoming cycle. MAGACOIN FINANCE: Early-Stage Accumulation Signals Are Rising While Ethereum and Dogecoin prepare for their next chapters, MAGACOIN FINANCE is gaining ground in a way that suggests it may become one of the most talked-about opportunities of the 2025 cycle. The project has been drawing increasing attention from analysts and early investors alike, thanks to its scarcity-driven token model, clearly defined structure, and accelerated early participation. Entry phases have sold out instantly, and capital inflows continue to reflect rising demand from those seeking asymmetric upside. What makes MAGACOIN FINANCE unique isn’t just its positioning, but the convergence of timing, market narrative, and investor psychology. With listing anticipation building and presale momentum intensifying, traders are tracking its performance not as a trend — but as a strategic entry ahead of broader market discovery. Rather than being framed as a comparison, MAGACOIN FINANCE is gaining attention on its own terms, driven by structural appeal and decisive early action from experienced players. Ethereum: Infrastructure Powerhouse with Institutional Backing Ethereum remains a foundational asset in the crypto ecosystem. As the backbone of DeFi, NFTs, and tokenization platforms, it continues to attract developers, institutions, and long-term investors. Recent network upgrades and rising Layer 2 activity have helped improve scalability and reduce fees — two long-standing concerns. Ethereum’s ecosystem remains unmatched in scope, and with the ongoing integration of real-world assets (RWAs), analysts expect its utility to grow further during the next cycle. That said, Ethereum’s large market cap and established dominance also mean its returns may be steadier and less explosive compared to emerging tokens — especially during early bull market phases. Dogecoin: Speculative Appeal and Cultural Resilience Dogecoin has consistently defied expectations. Born as a meme-driven experiment, it has evolved into a widely traded asset with considerable name recognition. Its simple design and low fees make it viable for fast, low-cost transactions — and it still enjoys periodic surges of speculative demand. As the market gears up for renewed retail participation, Dogecoin is expected to benefit from cultural resurgence and market nostalgia. However, its lack of technical evolution or ecosystem depth leaves some investors cautious about its ability to sustain long-term upward trajectories. While Dogecoin may still offer breakout moments, particularly during sentiment-driven rallies, its structure doesn’t necessarily support compounding utility-based growth. Final Thoughts: Legacy Strength vs. Early-Phase Acceleration Ethereum brings infrastructure strength and institutional trust. Dogecoin brings cultural capital and meme-driven liquidity. Both are expected to perform well as the bull cycle accelerates. But for those looking at where capital is quietly flowing today — and where explosive upside may emerge tomorrow — MAGACOIN FINANCE is a clear standout . With its setup, scarcity mechanics, and mounting investor focus, it’s no longer a hidden gem. It’s a growing force. As portfolios are built for 2025 and beyond, early positioning may prove to be the key differentiator — and MAGACOIN FINANCE is rapidly becoming a name at the center of that strategy. For more information, please visit: Website: https://magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: MAGACOIN FINANCE vs. Ethereum and Dogecoin: Which Crypto Could Lead Gains in the 2025 Bull Run?
Solana (SOL) has retested a crucial resistance level after recovering the $150 level over the weekend. The surge, fueled by the upcoming launch of a SOL-based staked exchange-traded fund (ETF), has led some analysts to forecast a rally toward the next key target. Related Reading: Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move Solana Staked ETFs Coming On Wednesday On Monday, Solana’s price soared to a key resistance level following the introduction of “the first-ever Solana staked crypto ETF in the US.” Rex Shares announced it will launch a Solana-based staked ETF this Wednesday, aiming to offer exposure to SOL and staking rewards. According to the X post, the REX-Osprey ETF will track SOL’s performance while “generating yield through on-chain staking,” starting a “new era of yield-generating crypto exposure.” As a result, Solana climbed to the $160 barrier, which led to nearly $9 million in short positions liquidated on Monday afternoon. Market Watcher Daan Crypto Trades considers Solana “bounced nicely over the weekend” but has yet to turn the Low Timeframe (LTF) trend around. He explained that reclaiming the $159-$167 area is necessary to aim for higher levels. Additionally, the Daily 200-day Moving Average (MA) and Exponential Moving Average (EMA) are currently located within this range. “I would want to see price trade back above that to start targeting the $180-$200 region again,” he detailed. Nonetheless, the trader questioned whether a Solana spot ETF-driven rally will fuel the cryptocurrency’s run. Notably, multiple investment firms, including Grayscale, VanEck, 21Shares, and Bitwise, have filed with the Securities and Exchange Commission (SEC) to launch a spot SOL ETF in the US. According to recent reports, the investment products have a “high likelihood” of being approved in the coming weeks, which has seemingly fueled investors’ expectations of a bullish “Solana Summer.” “The big question is how much demand there will be,” Daan asserted, noting that Ethereum (ETH) sport ETFs, approved in July 2024, had a disappointing launch and “only started seeing decent inflows about a year later.” SOL Ready For Another Breakout? Following the ETF-fueled breakout, analyst Hardy noted Solana’s “Textbook move, clean breakout, clean retest, and pump,” which could trigger a run toward the $200 barrier. Notably, the cryptocurrency saw a remarkable performance over the weekend, reclaiming the $144-$148 crucial area and breaking past the $150 mark. Amid this performance, the analyst highlighted that Solana had broken out of its local downtrend line after reclaiming the $148 resistance and was retesting the breakout zone. He explained that there is “Juicy liquidity sitting above, ready to be taken,” adding that Solana needed to hold the $150 support to continue its bullish run toward the next target. Related Reading: Analyst Reveals Rational Behind XRP Price Reaching $9.5 And $37.5 Meanwhile, analyst Crypto Batman considers that Solana is “setting up very nicely” after the $160 retest. Per the post, “It has broken out from a bullish flag pattern that bottomed at the 0.618 Fibonacci level, a clear sign of impulsive strength in the trend.” It’s worth noting that SOL has been trading within the bullish formation since the May breakout, hovering between the $130 and $180 range for nearly two months. The analyst forecasted that a quick retest to close the bullish Fair Value Gap (FVG) and the pattern’s upper boundary, around the $148 area, “could set the stage for the next leg.” As of this writing, Solana is trading at $155, a 2% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Traders are loading up shorts, whales are vanishing. Will BTC trigger another flush?
Four North Koreans posed as remote developers at US and Serbian blockchain firms, stealing nearly $1 million in crypto to fund the regime’s illicit programs.
A bitcoin (BTC) exchange-traded product (ETP) that generates yield from decentralized finance (DeFi) markets has debuted on Tuesday, in what issuer Fineqia calls a first of its kind. The Fineqia Bitcoin Yield ETP (YBTC), listed on the Vienna Stock Exchange, targets a 6% annual yield by deploying investor capital into DeFi strategies. It is issued by Fineqia’s Liechtenstein-based subsidiary and advised by Psalion Yield, a digital asset investment firm focused on blockchain-based yield. Unlike existing crypto yield ETPs that rely on derivatives or structured notes, YBTC maintains one-to-one exposure to bitcoin while generating returns directly from DeFi protocols. “It allows investors to earn more BTC while they hold it, combining long-term conviction with compounding returns, all inside a regulated wrapper,” said Fineqia CEO, Bundeep Singh Rangar. The ETP also supports in-kind transfers, meaning that digital asset holders can contribute BTC directly to the product without the need to first convert into cash incurring a taxable event. YBTC arrives at a time when investor interest in crypto-focused investments is growing. These investment products has brought digital assets closer to traditional investors, allowing them to invest in digital assets in a familiar way through brokerage accounts without the need of crypto wallets and blockchain transactions. Bitcoin exchange-traded products enjoyed rapid growth over the past year and have gobbled up $150 billion of assets, Fineqia said. Read more: BlackRock to List Bitcoin ETP in Europe in First Crypto Foray Outside U.S.
The cryptocurrency market is abuzz with heightened anticipation as leading Bloomberg ETF analysts, James Seyffart and Eric Balchunas, have significantly raised the approval odds for spot Exchange-Traded Funds (ETFs) tracking Solana (SOL), Litecoin (LTC), and XRP. Their latest assessment puts the probability of these altcoin ETFs getting the green light from the U.S. Securities and … Continue reading "Altcoin ETF Wave Looms: Bloomberg Analysts Boost Approval Odds to 95% for Solana, Litecoin, XRP" The post Altcoin ETF Wave Looms: Bloomberg Analysts Boost Approval Odds to 95% for Solana, Litecoin, XRP appeared first on Cryptoknowmics-Crypto News and Media Platform .