Ethereum Pumps On Pectra Upgrade, Buying Intensifies For New ETH Token Set To Rival XRP

By: cryptosheadlines|2025/05/09 19:30:13
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Home » Journal » Ethereum Pumps On Pectra Upgrade, Buying Intensifies For New ETH Token Set To Rival XRP Ethereum’s latest upgrade has ignited what some think could be the start of a multi-month bullish run. But it’s not all about ETH: a new Ethereum-based token called Remittix is storming ahead in its presale with nearly $15 million raised, kickstarting what it calls the PayFi revolution.Built as a cross-border crypto-to-fiat off-ramp, it’s giving XRP a run for its money. It’s time to find out what Ethereum’s upgrades bring to the table, and why they could be a boon for Remittix.Ethereum’s Pectra upgrade has traders diving back inEthereum just got a serious upgrade. On May 7, Pectra went live, packing in 11 Ethereum Improvement Proposals that make wallets smarter, staking simpler, and the entire network faster.For starters, wallets will behave more like smart contracts. With EIP-7702, users can bundle multiple actions into one transaction, use session keys for dApps, and even pay fees with tokens other than ETH. Using Ethereum is now a whole lot smoother, especially for payments, gaming, and DeFi.Staking got a big lift too. The max cap for validator deposits jumped from 32 to 2,048 ETH. Big players no longer have to juggle dozens of validator nodes and they can now consolidate and scale up with ease.On the speed and cost side, Ethereum now supports more “data blobs” per block. That’s a boost for layer-2 networks like Arbitrum and Optimism, which can now handle more traffic at lower fees.Source: CoinGeckoThe market has responded favorably: ETH rose more than 5% in the 24 hours post-release, breaking above a range to make a higher high in what some expect to be the start of a new bullish leg. That follows a downtrend since December and could signal changing fortunes for ETH holders. Remittix makes crypto-to-fiat simple—new XRP rival?While Ethereum’s new upgrade is making headlines, Remittix is quietly becoming one of its most promising ecosystem plays. RTX is a real-world utility token built on Ethereum that’s designed to make global transactions faster, cheaper, and a lot more convenient. In a cross-border payment space expected to be worth over $250 trillion by 2027, there’s a huge market for Remittix to secure a slice of.Remittix lets users convert over 40 cryptocurrencies into fiat and send the funds directly to a global bank account There are no middlemen and no surprise FX fees; just flat fees, transparent pricing, and full control. The recipient doesn’t even need to know it came from crypto.The recent Ethereum upgrades make all of this smoother. Batching transactions, paying in tokens other than ETH, and a cleaner dApp experience are all tailor-made for services like Remittix that aim to accelerate frictionless crypto payment adoption.It’s not just for individuals either. Remittix also offers tools for businesses: Remittix Pay API allows merchants to accept crypto and settle directly in fiat. Over 30 fiat currencies and 50+ crypto pairs are supported, meaning businesses have the flexibility to accept crypto without the usual hurdles.It’s this mix of simplicity, power, and accessibility that puts Remittix in a strong position to rival XRP. While XRP targets the same space, Remittix leans into user-friendliness in a way that appeals to a mass audience. Investors are taking note. The RTX presale has seen nearly $15 million invested so far, ripping through stages to sell out more than two-thirds of its presale supply. Priced at a bargain $0.0757 with a $250k competition live, Remittix is hard to ignore.Ethereum’s rise could lift Remittix furtherEthereum’s upgrade is good news for ETH holders, but it makes Remittix’s prospects even more exciting. It’s clear use cases bode well for presale backers, with the project posing a serious threat to XRP’s dominance. RTX tokens are selling out fast ahead of an exchange listing this year—consider a stack before it’s too late.Discover the future of PayFi with Remittix by checking out their presale here:Website: https://remittix.io/Socials:https://linktr.ee/remittixDISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content. How are regular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window, document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '213893885810361'); fbq('track', 'PageView');Source link

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Before using Musk's "Western WeChat" X Chat, you need to understand these three questions

The X Chat will be available for download on the App Store this Friday. The media has already covered the feature list, including self-destructing messages, screenshot prevention, 481-person group chats, Grok integration, and registration without a phone number, positioning it as the "Western WeChat." However, there are three questions that have hardly been addressed in any reports.


There is a sentence on X's official help page that is still hanging there: "If malicious insiders or X itself cause encrypted conversations to be exposed through legal processes, both the sender and receiver will be completely unaware."


Question One: Is this encryption the same as Signal's encryption?


No. The difference lies in where the keys are stored.


In Signal's end-to-end encryption, the keys never leave your device. X, the court, or any external party does not hold your keys. Signal's servers have nothing to decrypt your messages; even if they were subpoenaed, they could only provide registration timestamps and last connection times, as evidenced by past subpoena records.


X Chat uses the Juicebox protocol. This solution divides the key into three parts, each stored on three servers operated by X. When recovering the key with a PIN code, the system retrieves these three shards from X's servers and recombines them. No matter how complex the PIN code is, X is the actual custodian of the key, not the user.


This is the technical background of the "help page sentence": because the key is on X's servers, X has the ability to respond to legal processes without the user's knowledge. Signal does not have this capability, not because of policy, but because it simply does not have the key.


The following illustration compares the security mechanisms of Signal, WhatsApp, Telegram, and X Chat along six dimensions. X Chat is the only one of the four where the platform holds the key and the only one without Forward Secrecy.


The significance of Forward Secrecy is that even if a key is compromised at a certain point in time, historical messages cannot be decrypted because each message has a unique key. Signal's Double Ratchet protocol automatically updates the key after each message, a mechanism lacking in X Chat.


After analyzing the X Chat architecture in June 2025, Johns Hopkins University cryptology professor Matthew Green commented, "If we judge XChat as an end-to-end encryption scheme, this seems like a pretty game-over type of vulnerability." He later added, "I would not trust this any more than I trust current unencrypted DMs."


From a September 2025 TechCrunch report to being live in April 2026, this architecture saw no changes.


In a February 9, 2026 tweet, Musk pledged to undergo rigorous security tests of X Chat before its launch on X Chat and to open source all the code.



As of the April 17 launch date, no independent third-party audit has been completed, there is no official code repository on GitHub, the App Store's privacy label reveals X Chat collects five or more categories of data including location, contact info, and search history, directly contradicting the marketing claim of "No Ads, No Trackers."


Issue 2: Does Grok know what you're messaging in private?


Not continuous monitoring, but a clear access point.


For every message on X Chat, users can long-press and select "Ask Grok." When this button is clicked, the message is delivered to Grok in plaintext, transitioning from encrypted to unencrypted at this stage.


This design is not a vulnerability but a feature. However, X Chat's privacy policy does not state whether this plaintext data will be used for Grok's model training or if Grok will store this conversation content. By actively clicking "Ask Grok," users are voluntarily removing the encryption protection of that message.


There is also a structural issue: How quickly will this button shift from an "optional feature" to a "default habit"? The higher the quality of Grok's replies, the more frequently users will rely on it, leading to an increase in the proportion of messages flowing out of encryption protection. The actual encryption strength of X Chat, in the long run, depends not only on the design of the Juicebox protocol but also on the frequency of user clicks on "Ask Grok."


Issue 3: Why is there no Android version?


X Chat's initial release only supports iOS, with the Android version simply stating "coming soon" without a timeline.


In the global smartphone market, Android holds about 73%, while iOS holds about 27% (IDC/Statista, 2025). Of WhatsApp's 3.14 billion monthly active users, 73% are on Android (according to Demand Sage). In India, WhatsApp covers 854 million users, with over 95% Android penetration. In Brazil, there are 148 million users, with 81% on Android, and in Indonesia, there are 112 million users, with 87% on Android.



WhatsApp's dominance in the global communication market is built on Android. Signal, with a monthly active user base of around 85 million, also relies mainly on privacy-conscious users in Android-dominant countries.


X Chat circumvented this battlefield, with two possible interpretations. One is technical debt; X Chat is built with Rust, and achieving cross-platform support is not easy, so prioritizing iOS may be an engineering constraint. The other is a strategic choice; with iOS holding a market share of nearly 55% in the U.S., X's core user base being in the U.S., prioritizing iOS means focusing on their core user base rather than engaging in direct competition with Android-dominated emerging markets and WhatsApp.


These two interpretations are not mutually exclusive, leading to the same result: X Chat's debut saw it willingly forfeit 73% of the global smartphone user base.


Elon Musk's "Super App"


This matter has been described by some: X Chat, along with X Money and Grok, forms a trifecta creating a closed-loop data system parallel to the existing infrastructure, similar in concept to the WeChat ecosystem. This assessment is not new, but with X Chat's launch, it's worth revisiting the schematic.



X Chat generates communication metadata, including information on who is talking to whom, for how long, and how frequently. This data flows into X's identity system. Part of the message content goes through the Ask Grok feature and enters Grok's processing chain. Financial transactions are handled by X Money: external public testing was completed in March, opening to the public in April, enabling fiat peer-to-peer transfers via Visa Direct. A senior Fireblocks executive confirmed plans for cryptocurrency payments to go live by the end of the year, holding money transmitter licenses in over 40 U.S. states currently.


Every WeChat feature operates within China's regulatory framework. Musk's system operates within Western regulatory frameworks, but he also serves as the head of the Department of Government Efficiency (DOGE). This is not a WeChat replica; it is a reenactment of the same logic under different political conditions.


The difference is that WeChat has never explicitly claimed to be "end-to-end encrypted" on its main interface, whereas X Chat does. "End-to-end encryption" in user perception means that no one, not even the platform, can see your messages. X Chat's architectural design does not meet this user expectation, but it uses this term.


X Chat consolidates the three data lines of "who this person is, who they are talking to, and where their money comes from and goes to" in one company's hands.


The help page sentence has never been just technical instructions.


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