The much-anticipated approval of the Bitcoin ETF by the Securities and Exchange Commission (SEC) has been deferred, contrary to earlier expectations. This decision follows a potential insider hack of the SEC’s account, which has added to the market’s uncertainty.Before the SEC’s deadline for ETF approval, the SEC’s official Twitter account was hacked, erroneously announcing the […]
Ethereum has shown resilience amid market volatility, gaining over 5% since the fake Bitcoin ETF news, and closing in on a 21-month high of $2,400. This comes in the wake of the SEC’s social media account hack which caused significant volatility in Bitcoin markets. Crypto derivatives provider Greeks Live reported that the impact of the […]
Blackrock, the world’s largest asset manager, is planning to make job cuts in response to changes in the business. However, certain areas are expected to continue growing. The Blackrock management has announced layoffs in an internal memo, affecting around 600 employees or about 3% of the global workforce, as reported by news agency Bloomberg, citing […]
The crypto investment sector is on the brink of a potential shift towards significant digital assets like Ethereum and XRP, following the possible approval of the first spot Bitcoin ETFs in the United States by the Securities and Exchange Commission (SEC). The SEC is currently reviewing several applications for spot Ethereum ETFs, but no applications […]
The situation in Inner Switzerland is teetering on the edge of a financial disaster of unprecedented scale. Major shareholder Spuhler appears unwilling to inject fresh capital, exacerbating the crisis.In Lucerne, the situation is coming to a head just before the carnival season. According to an insider, a deferral of bankruptcy or even worse is no […]
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, 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 […]
In a last-minute decision, the Swiss government and authorities opted to sell the crisis-stricken Credit Suisse (CS) rather than rehabilitate it. UBS President, Colm Kelleher, announced the sale of CS to its larger Swiss competitor on the memorable evening of March 19, 2023, stating that there were no longer any alternatives.However, just hours before, alternatives […]
The cryptoverse experienced a rollercoaster ride on Tuesday, with Bitcoin prices soaring and plummeting due to a fabricated news flash from the Securities and Exchange Commission (SEC). The SEC’s official account on X, formerly known as Twitter, falsely claimed the approval of spot Bitcoin exchange-traded funds (ETFs), causing Bitcoin to surge 3% towards a 20-month […]
The U.S. Securities and Exchange Commission (SEC) was recently embroiled in a cybersecurity breach and subsequent trust crisis. On January 9, hackers infiltrated the SEC’s social media account, falsely announcing the approval of spot Bitcoin exchange-traded funds (ETFs).The SEC quickly clarified that it had not endorsed any Bitcoin ETF applications, contradicting the misleading announcement made […]
