Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters The false news was enough to send bitcoin spiking briefly before falling. It also ruined the celebrations of the crypto industry players in St. Moritz, many of who have been waiting for years for
Wall Street’s top regulator, the SEC, faced a major cybersecurity incident on Tuesday, throwing the highly anticipated decision on Bitcoin ETFs into disarray. A fake post claiming approval for the products, originating from a compromised SEC account on X, sent the cryptocurrency‘s price soaring briefly before authorities launched an investigation.According to a report in Bloomberg,
Stock exchanges rushed to file fresh, amended 19b-4 forms for bids from asset managers including BlackRock and Fidelity for spot bitcoin exchange-traded funds, marking the latest move as issuers try and barrel toward the finish line to get the Securities and Exchange Commission’s approval. As Friday came to a close, new filings also came in for