Connect with us

Hi, what are you looking for?

Fibonacci Tech News

The SEC’s X account was hijacked to post a fake approval of Bitcoin ETFs

Image: Nick Barclay / The Verge

The Securities and Exchange Commission’s official social media account on X (formerly Twitter) posted a notice on Tuesday evening claiming it had approved listings for Bitcoin exchange-traded funds, or ETFs, which has since been deleted. Moments later, SEC Chair Gary Gensler said in a post on his own account that the agency’s account was “compromised, and an unauthorized tweet was posted.”

The SEC followed up with a post reiterating Gensler’s statement about the hack, and a spokesperson from the agency confirmed that statement to CNBC.

The post from the SEC’s account said, “Today the SEC grants approval for #Bitcoin ETFs for listing on all registered national securities. The approved Bitcoin ETFs will be subject to ongoing surveillance…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...