Here’s what happened in crypto today

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Two Wall Street asset managers have amended their filings for a spot Ether exchange-traded fund. The hamster frenzy shows no signs of letting up as Bybit announced it is listing the token for Hamster Kombat for pre-market trading. Meanwhile, scammers posing as Coinbase reps swindled $1.7 million from one victim in a single phone call. 

VanEck, 21Shares file S-1 amendments with SEC

Asset managers VanEck and 21Shares have amended their S-1 registrations with the U.S. Securities and Exchange Commission (SEC) to list shares of their spot Ether ETFs.

According to the July 8 filings, VanEck amended its registration statement as part of the asset manager’s ongoing efforts to gain approval from the SEC for its spot Ether ETF. Meanwhile, 21Shares made a similar filing for its Core Ethereum ETF. Neither filing specified a launch date for their respective products.

The amendments are part of the final stage of approvals required by the securities regulator before the spot ETFs can be listed and traded. As Cointegraph reported, Bitwise filed its own amended registration last week.

On May 23, the SEC approved spot Ether ETF 19b-4 filings from eight asset managers. The following month, SEC Chair Gary Gensler said approving the S-1 filings was expected to occur “sometime over the course of this summer” but didn’t specify a date.

Bybit lists Hamster Kombat’s token for pre-market trading

Cryptocurrency exchange Bybit is advancing its support for emerging projects on the Telegram Open Network (TON) by listing the token for the record-breaking game Hamster Kombat for pre-market trading.

Bybit, on July 8, officially announced the listing of the Hamster Kombat (HMSTR) token on its over-the-counter (OTC) platform called Bybit Pre-Market Trading.

The platform is designed for trading new tokens before their official listing, enabling buyers and sellers to establish quotes and execute trades at predetermined prices.

According to the announcement, Bybit’s pre-market OTC platform launched trading for HMSTR on July 8 at 10:00 am UTC. Details of the delivery schedule will be released shortly, the statement notes.

Bybit stressed that the inclusion of HMSTR tokens on its pre-market platform represents a “significant step forward,” providing users with the chance to get their hands on HMSTR tokens before they become listed for spot trading. The firm added:

“This exclusive access allows users to secure HMSTR tokens ahead of the market and to lock in their purchase or sale prices early, marking an innovative advancement in our trading offerings.”

Coinbase-posing scammers steal $1.7M in one scam call

Coinbase users have reported being targeted by scammers impersonating as Coinbase staff in the past week, with one victim claiming they were swindled out of $1.7 million.

Edge & Node co-founder Tegan Kline shared that her friend had their self-custody wallet drained of $1.7 million by a scammer who faked being from Coinbase and tricked them into sharing part of their seed phrase.

The scam involved multiple emails that appeared to be from Coinbase claiming the victim’s wallet was being drained. The victim was told to enter their seed phrase into a website to make it stop but hesitated, only typing in “a portion” without sending off the info — still enough for the scammer to catch part of their seed phrase and have a computer guess the rest.

Meanwhile, two X users said a scam caller claimed they were from Coinbase saying someone had attempted to log in to their Coinbase accounts. The scammer sent a phishing email to one user that appeared as a password reset — aiming to nab their account password.

Around $1.19 billion was lost to crypto security incidents in the first half of 2024 — over $900 million was stolen through phishing and seed phrase compromise attacks.

Additional reporting by Felix Ng, Sam Bourgi and Geraint Price.