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6.9M Crypto Theft Sparks Scandal Over Fake Cold Wallets on China’s TikTok
China’s TikTok platform erupts in scandal as fake cold wallets drain $6.9M from crypto users. The “secure” storage devices granted scammers remote access while influencers vouched for legitimacy. Authorities are racing to track stolen assets.
SEC’s Shock Pause on Staking ETFs Could Threaten Future Crypto Fund Launches
SEC dramatically halts staking ETF approvals, challenging crypto’s forward momentum. Fund launches could be delayed until 2025, putting billions in potential yields at risk. The future of crypto innovation hangs in the balance.