SEC account hack renews spotlight on X’s security concerns
Published by Reuters By Zeba Siddiqui and Raphael Satter SAN FRANCISCO/WASHINGTON (Reuters) – The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday renewed concerns about the social media platform’s security since its takeover by…
Market-Moving SEC Twitter Hack On Bitcoin ETFs ‘Unacceptable’: Senate Banking Committee Member
Published by Benzinga Following Tuesday’s security breach of the Securities and Exchange Commission’s Twitter account, securities lawyers say the SEC might need to conduct an internal investigation for potential market manipulation. The false tweet signaling approval of Bitcoin ETFs significantly…
US SEC has not approved bitcoin ETFs, social media account compromised-spokesperson
Published by Reuters (Reuters) -The U.S. Securities and Exchange Commission (SEC) has not yet approved a spot bitcoin exchange traded fund (ETF), an agency spokesperson said on Tuesday, adding that a post on its social media platform X was incorrect….
BlackRock Eliminates 600 Jobs, Or 3% Of Staff: ‘Our Industry’s Changing Faster Than Ever,’ CEO Larry Fink Says
Published by Benzinga BlackRock Inc. (NYSE: BLK announced plans to eliminate approximately 600 jobs, constituting about 3% of its global workforce. This move, per Bloomberg, reflects the evolving asset management landscape and a realigning of its workforce with emerging trends….
Stocks Flip To Losses, Nvidia Defies Gravity, Bitcoin Pauses For A Breather: What’s Driving Markets Tuesday?
Published by Benzinga Tuesday on Wall Street was marked by a subdued trend in major equity indices as investors remained cautious ahead of key inflation data scheduled for release on Thursday and the kick-off of the earnings season. Among the…
First US private lunar lander mission fails
Published by AFP Washington (AFP) – An historic commercial US mission to the Moon will fail after suffering a critical loss of fuel, organizers admitted Tuesday, ending for the time being America’s hopes of placing its first spacecraft on the…
DeFi Risks Get Regulatory Spotlight As CFTC Seeks Collaboration With Industry Pros
Published by Benzinga A new report on decentralized finance (DeFi) hones in on one of the most pressing issues facing this innovative sector: the challenge of digital identity. What Happened: The Technology Advisory Committee of the U.S. Commodity Futures Trading…
Cboe Digital Set To Launch Bitcoin And Ether Margin Futures January 11, 2024
Published by Benzinga The cryptocurrency market has witnessed a resurgence in recent weeks, with Bitcoin’s price soaring over 150% in 2023. The digital currency, which saw its value plunge to below $16,000 in November 2022, has made a remarkable recovery,…
Unity Software To Reportedly Cut 25% Workforce Affecting 1,800 Employees Amid Recovery Efforts
Published by Benzinga In a bid to recuperate from a turbulent period, Unity Software Inc. (NYSE:U) has decided to lay off approximately 25% of its workforce. What Happened: The software company, based in San Francisco, plans to part ways with…
Expert Says Bitcoin ETFs Could Face Premiums Of Up To 8%: ‘It Will Be Some Crazy Number’
Published by Benzinga If a Bitcoin exchange-traded fund (ETF) is approved, it could potentially trade at a premium of 8% compared to the actual value of the underlying assets, according to a recent statement by a prominent figure in the…