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Hackers Mislead Rocket Pool X Users with Bogus Contract Breach Claims


Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday,...

Circle Completes USDC Upgrade to Version 2.2


Circle, the stablecoin company, has completed the upgrade of its USDC stablecoin to the 2.2 version. The update brings a slew of changes, including gas efficiency improvements, support for account abstraction and smart contract wallets, and enhancements in the resiliency of the currency when...

SEC Says Other Systems Secure After X Account Hack


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

Coinbase Executives Offer Security Support to SEC Following Account Hack


SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC Coinbase executives have offered to help the U.S. Securities and Exchange Commission (SEC) following the Monday hack of the federal agency’s account on X.  Coinbase offers to assist with “security protocols” “Hey...

SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet


Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved.  The incident, which caused significant volatility in the crypto...

SEC confirms Twitter hack, Denies Bitcoin ETF approval


Gary Gensler, the SEC chairperson, recently confirmed that the SEC Twitter/X account was compromised. The chairperson stated that the US Securities and Exchange Commission has yet to approve any Bitcoin ETF product. While the X/Twitter account was compromised, the unidentified party released...

Cybersecurity Risks in the Cryptocurrency Industry


Source: iStock / JuSun The US Securities and Exchange Commission (SEC) social media account being compromised is concerning. Impersonations and hacks are nothing new in the cryptocurrency space but could the hack have been avoided? After the post, the SEC started an internal market manipulation...

Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account


Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account.  In a letter addressed to SEC Chair Gary Gensler on the same day...

X Confirms US SEC’s Official Account Was Hacked, No Insider Error Detected


SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance The official X account of the U.S. Securities and Exchange Commission (SEC) was compromised when it posted the fake spot Bitcoin ETF approval announcement, X has confirmed. SEC’s Account did not Have a 2FA Set Up Upon...

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