SEC’s X account hacked, sharing ‘unauthorized tweet’ regarding spot bitcoin ETF The agency has "not approved" the listing and trading of spot bitcoin ETFs, chair Gary Gensler saysThe U.S. Securities and Exchange Commission’s X account has been hacked, a spokesperson confirmed with TechCrunch on Tuesday afternoon.
The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff,” the spokesperson said.
The unauthorized post has since been deleted.
Around 4:30 p.m. EST, SEC Chair Gary Gensler tweeted, “The @SECGov twitter account was compromised, and an unauthorized tweet was posted.
The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.”After the fake post went out, Bitcoin’s price spiked near $48,000 but has since fallen around $45,700, according to CoinMarketCap data.
The SEC might finally approve spot bitcoin ETFs on Wednesday after denying applications for more than a decade.
Counting market movements, it could be $20 billion total AUM in spot bitcoin ETFs.” Valkyrie is one of 11 applicants for a U.S. spot bitcoin ETF; the other firms are BlackRock, Grayscale and Fidelity, among others.
But it was back in the end of September, beginning of October, when we’re launching our ETH futures ETF.
When we got an inclination that [the] spot bitcoin ETF was coming soon, we said OK, well, bitcoin futures ETFs are basically going to go away when a spot bitcoin ETF launches.
So we converted our bitcoin futures ETF into a strategy to invest in both ETH and bitcoin.
Bitcoin ETFs, Carta’s latest mess, and let’s go to the MoonListen here or wherever you get your podcasts.
Tech stocks aren’t moving too much this morning as the market digests the Boeing mess.
Bitcoin ETFs: And this is why.
A rush of new filings this morning showed that bitcoin spot ETFs are targeting a very low-fee structure as they compete for investor dollars.
A rush of new filings this morning showed that bitcoin spot ETFs are targeting a very low-fee structure as they compete for investor dollars.
Talks of bitcoin spot ETF approval circulate as India blocks exchange sites and crypto is seeing more optimismWelcome back to Chain Reaction.
The crypto space has been off to a strong start for 2024 as reporters and ETF analysts have reported that a bitcoin spot ETF approval in the U.S. could be coming as soon.
This week in web3The latest podFor this week’s news episode, Jacquelyn dove back into the latest developments on spot bitcoin ETF applications in the U.S. as anticipation builds.
As it stands, there are 14 asset management firms, including BlackRock, Fidelity, Grayscale and VanEck, hoping to individually win approval from the U.S. Securities and Exchange Commission for their spot bitcoin ETFs.
We also discussed what a spot bitcoin ETF could mean for investors, institutions and miners, as well as bitcoin’s price.
Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch.
“These sites appeal to both bitcoin miners and AI [or] machine learning clients who have very high power computing demands,” Payne said.
“We are essentially a landlord who owns the underlying infrastructure assets.”Arkon’s business model focuses on strategically acquiring distressed data center assets across the globe.
“The current and future demand for data center capacity of all types that we are seeing globally, but especially in the U.S., is unprecedented and monumental.
Arkon aims to fill that gap by providing the underlying infrastructure layer that the AI sector relies on.
Akron Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch.
“These sites appeal to both bitcoin miners and AI [or] machine learning clients who have very high power computing demands,” Payne said.
“We are essentially a landlord who owns the underlying infrastructure assets.”Akron’s business model focuses on strategically acquiring distressed data center assets across the globe.
“The current and future demand for data center capacity of all types that we are seeing globally, but especially in the U.S., is unprecedented and monumental.
Akron aims to fill that gap by providing the underlying infrastructure layer that the AI sector relies on.
The company also announced today it’s expanding its AR collectible tickets to cinema partners in the Asia-Pacific region, including Japan, Korea, Australia, the Philippines, Thailand, Malaysia and Singapore.
Each Fandime gets a unique Blockchain-based ID and is minted on Avalanche’s blockchain network and stored in a user’s Really account.
Users can redeem Fandime for digital rewards, movie-related AR content, exclusive opportunities, “AR trophies and wearable face filters,” the company explained.
If we combine those two things today, which Really is doing, we believe we are ahead of the game,” Really AR founder and CEO James Andrew Felts told TechCrunch.
In the long term, Really plans to create original AR content and branch out to other areas besides the entertainment industry, Felts revealed to us.
Telegram and Line, two of the world’s most popular messengers with hundreds of millions of monthly users, have both been integrating crypto features in recent months.
Backed by all three divisions of Sequoia — Sequoia Capital, Sequoia Capital India and Sequoia Capital China (now called HongShan), Singapore-based EthSign aims to provide a web3 equivalent of DocuSign with the promise of an additional layer of transparency and trustworthiness.
EthSign is deployed on the respective blockchain network that runs on Telegram and Line, TON and Finschia.
EthSign has already rolled out on Telegram as a mini app, which can notify users of a list of pending documents to approve.
Already live on Line as a web app, EthSign has signed a memorandum of understanding with Finschia for further integration in the coming months.
Lolli, a bitcoin and cashback rewards application, has raised an $8 million Series B round, TechCrunch has exclusively learned.
Its rewards program awards its users with bitcoin or cashback when they shop online or in person at restaurants and stores.
The app gives up to 30% back on purchases, with an average of 7% back in bitcoin or cashback rewards.
Since its inception, Lolli has given over $10 million in bitcoin rewards, in addition to cashback rewards, Adelman said.
The company plans to use the momentum in the markets to “drive more revenue to partners and bring more major companies into offering bitcoin rewards,” Adelman said.
Digital asset risk infrastructure-focused Andalusia Labs, formerly known as RiskHarbor, has raised $48 million in a Series A round at a valuation “north of $1 billion,” the company exclusively shared with TechCrunch.
Alongside the fresh capital raise, Andalusia Labs opened its global headquarters in Abu Dhabi.
The $48 million will also be used to grow its product development and expand the team, said Raouf Ben-Har, co-founder of Andalusia Labs.
All aim to provide digital asset support to institutions, developers and consumers through their respective niches.
“Developers, developers, developers,” said co-founder Drew Patel.
