Video
The cryptocurrency rollercoaster by no means fails to supply an exhilarating journey – this week it was a drama surrounding the hack of SEC’s X account proper forward of the much-anticipated resolution about Bitcoin ETFs
12 Jan 2024
The US Securities and Alternate Fee’s (SEC) X account was hacked this week to submit an unauthorized tweet asserting the approval of spot Bitcoin Alternate Traded Funds (ETFs). The submit was up for some half-hour and though the SEC did, some 24 hours later, announce the official approval of the ETFs, the primary (and pretend information) announcement created a drama that, amongst different issues, despatched the worth of Bitcoin briefly up in addition to left a bitter style within the mouths of many individuals.
The hack was not attributable to a breach of the social media platform’s techniques. What else do we all know in regards to the account hack, how did it occur, and what are the teachings to be realized from it? Discover out within the video.