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SEC Twitter hacked to push fake news of ETF approval The Register

Breaking The SEC today said its Twitter account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing cryptocurrency to spike and then slip in price.
In the past few minutes, the tweet was vanished.
The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
The market has spent weeks if not months awaiting for the SEC's approval, or blocking, of spot Bitcoin ETF applications.
Amid that anticipation, Bitcoin has climbed 164 percent in the past year after a crypto crash at the end of 2021.
Bitcoin spiked in price to $47,900 apiece today after the first tweet, and is currently down 1.5 percent to $46,247.
This is a developing story that we'll update.....


This Cyber News was published on go.theregister.com. Publication date: Tue, 09 Jan 2024 22:13:05 +0000


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