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 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 […]
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 […]
United States Senators J.D. Vance and Thom Tillis have urged the United States Securities and Exchange Commission (SEC) to submit a report to Congress regarding the Jan. 9 breach of the SEC’s X account. The senators expressed their concerns about the incident in a letter to SEC Chair Gary Gensler, stating that it raised serious […]
The once-prominent crypto lender, Celsius, continues to navigate its complex bankruptcy proceedings. Recent developments indicate that account holders who withdrew more than $100,000 within the 90 days leading up to the company’s bankruptcy declaration in July 2022 may be required to return a portion of those funds. This is referred to as “withdrawal preference exposure”.Eligible […]
Bankrupt crypto lender Celsius may require its creditors who withdrew large sums from the platform before its bankruptcy declaration to return part of those funds or face legal action. On January 9, the company’s bankruptcy administrators filed an intent to notify creditors that account holders who withdrew more than $100,000 in the 90 days before […]
Fox Reporter Eleanor Terrett has brought to light a significant procedural detail of the U.S. Securities and Exchange Commission (SEC) that could impact the approval of the much-anticipated spot Bitcoin Exchange-Traded Fund (ETF). Terrett revealed on January 9th that while there is no scheduled commission vote on the Bitcoin ETF, each of the five SEC […]
The United States Securities and Exchange Commission (SEC) has recently faced a security breach due to the lack of two-factor authentication (2FA) on its main X account. This lapse in security allowed a hacker to gain unauthorized access to the account, causing a significant disturbance in the crypto markets with a false confirmation of a […]
