SEC Statement on the Hack of Its X Account and the Resulting Fake Bitcoin ETF Approval Announcement
SEC logo (Nikhilesh De/CoinDesk)
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SEC logo (Nikhilesh De/CoinDesk)
The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.
After Circle’s SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.
Bitcoin [BTC] dropped to near $43,000 Friday, a fall of 6% in day-over-day trading, while some bitcoin mining stocks tumbled over 10% extending yesterday’s decline after Thursday’s highly-anticipated spot bitcoin ETF debut.
Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.
Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement.
The “NFTs on Bitcoin” project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.
(Cheyenne Ligon/CoinDesk)
White supremacist groups in the U.S. have sometimes been funded by crypto, according to a report from the Anti-Defamation League (ADL) that analyzed about $140,000 in transactions connected to 15 extremist groups or individuals last year.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.