SEC Twitter Hoax Triggers $2B Bitcoin Transfer, $750M Trading Losses

In a shocking turn of events, a hoax originating from the Securities and Exchange Commission’s (SEC) Twitter account has led to a massive transfer of Bitcoin to exchanges. The mayhem that ensued resulted in a staggering $2 billion worth of Bitcoin being moved.According to data analytics firm Glassnode, the misinformation that stemmed from the breach […]

Ripple CEO Criticizes Deepfake Scams and Lax Crypto Security Measures

Ripple CEO Brad Garlinghouse has criticized social media platforms and regulators for their slow response to a rise in sophisticated XRP-related scams. The company’s frustration is due to a recent deepfake video featuring a highly realistic AI version of Garlinghouse promising airdrops and doubling investors’ XRP holdings.The deepfake video, promoted as an ad on a […]

SEC Under Fire as Social Media Hack Reveals Security Flaws

The U.S. Securities and Exchange Commission (SEC) is currently under the microscope of Congress following a security breach of its social media account. The incident has raised questions about the robustness of the SEC’s security protocols.The breach was reported by social media platform X, which revealed that the SEC’s account was compromised due to a […]

Bitcoin ETF Decision Deferred Amid SEC Account Hack and Market Resilience

Despite the spread of false news about Bitcoin ETF approval, Bitcoin’s price surged to $47,800, demonstrating the market’s resilience and readiness for integration with mainstream financial systems. This incident, however, raised security concerns and skepticism within the crypto community, particularly about the SEC’s internal security measures.The SEC’s decision on the much-anticipated Bitcoin ETF was unexpectedly […]

Senators Demand SEC Report on Bitcoin ETF Approval Tweet Breach

United States Senators J.D. Vance and Thom Tillis have urged the United States Securities and Exchange Commission (SEC) to provide a detailed report on the recent breach of its X account. The breach, which occurred on January 9th, caused a stir in the markets when the official SEC account on X erroneously announced the approval […]

SEC Account Hack Leads to False Bitcoin ETF Approval, Market Volatility

The US Securities and Exchange Commission (SEC) recently experienced a security breach on its X account, leading to a false announcement regarding the approval of a Bitcoin spot exchange-traded fund (ETF). The post was quickly removed and the SEC clarified that the account had been compromised and the announcement was unauthorized.X’s Safety handle conducted a […]

SEC Twitter Account Hacked, False Bitcoin ETF Approval Announced

The cryptocurrency industry has been eagerly awaiting a decision from the U.S. Securities and Exchange Commission (SEC) regarding the first spot-based Bitcoin ETF in the U.S. for the past six months. Shortly after the market closed yesterday, approval was announced on the official Twitter account, only to be deleted minutes later.The verified Twitter account of […]

SEC’s X Account Hacked, Sparks Bitcoin ETF Approval Misinformation

On January 9, the X account of a federal agency was compromised, leading to a false announcement that spot Bitcoin ETFs had been approved. The following day, X Support confirmed the hack, stating that an unidentified individual had gained control over a phone number associated with the SEC account through a third party. The agency […]

SEC Account Hacked, False Bitcoin ETF Approval Causes Market Fluctuation

The X-account of the U.S. Securities and Exchange Commission (SEC) was hacked, leading to a false announcement about the approval of Bitcoin Exchange-Traded Funds (ETFs) that caused significant fluctuations in the cryptocurrency’s value. The SEC is currently investigating the fraudulent post on its X-account, which was previously known as Twitter.On Tuesday, an unidentified party briefly […]

Binance Killers’ Trading Signals Questioned Amid Lack of Evidence

Binance Killers, a Telegram group, offers crypto trading signals to its extensive membership base, which it claims to be over 250,000. The group asserts that its members have made a fortune trading on Binance. It provides a range of features including premium signals, personal support, and Tradingview indicators, among others.Despite these claims, the group’s performance […]