Warning Issued Over Fake Cold Wallet Giveaway Scams
According to PANews, a recent alert has been issued by SlowMist CISO 23pds regarding a new type of cryptocurrency scam involving fake cold wallet giveaways. Scammers are impersonating official accounts on the X platform, claiming to offer free Ledger cold wallets. These fraudsters send out seemingly genuine, sealed devices to lure users into a false sense of security. The real danger often lies within the device itself or the accompanying 'initialization guide,' which may be tampered with or designed to trick users into revealing their mnemonic phrases through social engineering tactics.
#XSuperApp Elon Musk's X is planning to launch investment and trading features to become an all-in-one “super app”. Users will be able to make payments, invest, and trade within the platform, with a credit/ debit card possibly launching later this year. While crypto integration hasn't been confirmed, many expect X to support digital assets, given its tech focus and Musk’s pro-crypto stance.
#SwingTradingStrategy Swing trading is a popular approach for those who want to capture medium-term price moves without monitoring charts constantly. It involves holding positions from days to weeks, using price patterns and momentum to time entries and exits.
Binance is excited to introduce Binance Soft Staking - a new product that allows users to earn staking rewards on selected tokens from their Spot Accounts, which can be simply activated with one click. Soft Staking offers full flexibility—users can trade, withdraw, or use their tokens anytime while earning rewards on their spot assets. $USDC
#CryptoStocks Circle (CRCL) surged 34% to a new all-time high after the U.S. Senate passed the GENIUS Act — fueling optimism for stablecoin regulation and crypto equities. With Circle’s blowout IPO, many now see this as the start of a broader wave of crypto public listings.
According to Foresight News, the Ohio House of Representatives has passed the Bitcoin Rights Bill HB 116 with a vote of 68 to 26. The bill will now proceed to the Senate for further consideration. The legislation aims to establish legal frameworks for Bitcoin usage and rights within the state. The outcome of the Senate review will determine the future of Bitcoin-related regulations in Ohio.
#MyTradingStyle Every trader develops a unique style shaped by their personality, risk tolerance, and goals. Whether you’re conservative or aggressive, your trading style influences the strategies you use and your overall results.
#GENIUSActPass The U.S. Senate passed the GENIUS Act in a 68-30 vote, marking the first major crypto bill to ever clear the Senate. The bill now moves to the House, which must decide whether to advance its own version or take up the Senate’s bill.
#VietnamCryptoPolicy Vietnam is rapidly transitioning from a crypto grey zone to a regulated experimental phase. The Ministry of Finance, directed by PM Phạm Minh Chính, must establish a legal framework on crypto assets by May 2025 to combat money laundering and terrorism financing. Starting March 2025, Vietnam will pilot a licensed crypto exchange sandbox in financial centres like HCM City and Đà Nẵng, with official exchange operations planned to begin in March 2025. The upcoming Digital Technology Industry Law and draft crypto pilot resolution foresee a controlled market trial through December 2027. Meanwhile, cryptocurrencies remain non-legal tender, but trading and holding are permitted.
#MetaplanetBTCPurchase Metaplanet, a former Japanese hotel firm turned “Asia’s MicroStrategy,” is aggressively building a Bitcoin treasury. In 2024–early 2025 it accumulated thousands of BTC via share issuances and zero‑coupon bonds. Notable buys include 68 BTC in late Feb, 150 BTC in mid‑Mar, and a massive 1,004 BTC tranche in May, bringing its stash to about 7,800 BTC (~$800 million) . Stockholders have reaped huge gains as the firm trades at premiums tied to its BTC holdings . Its ambition? Reach 10,000 BTC by end‑2025 and an eye‑popping 21,000 BTC by 2026, funded with bonds and equity
#TrumpBTCTreasury The SEC has approved Trump Media’s $2.3B Bitcoin Treasury deal — enabling the company to raise funds and buy BTC, becoming one of the largest public Bitcoin treasuries. It also filed for a Truth Social Bitcoin ETF, aiming to give shareholders direct BTC exposure.
#CardanoDebate Cardano founder Charles Hoskinson has proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and Cardano-native stablecoins (USDM, USDA, IUSD). ADA dropped 6% following the announcement, as the community remains divided. Some see it as a bold step toward ecosystem maturity, while others argue it’s risky given market conditions and governance concerns.