Bitcoin Price Plummets Due to Hacked SEC Tweet

SEC Chairman Gary GenslerPhoto: Nathan Howard/Bloomberg (Getty Images) The Security and Exchange Commission’s X account was hacked on Tuesday afternoon, sending an untrue tweet that the Bitcoin ETF was approved. Chairman Gary Gensler quickly tweeted from his personal account that the tweet was false and the result of a hack. In the following 15 minutes, … Read more

Rumble Is Part of an ‘Active and Ongoing’ SEC Investigation

In May 2021, the site was reportedly valued at an estimated $500 million. In September 2022, Rumble became a publicly traded company listed on the Nasdaq as part of a Special Purpose Acquisition Company (SPAC) deal. Its valuation currently exceeds $1.2 billion. In April 2023, investment research firm Culper Research released a report expressing skepticism … Read more

Cryptocurrency investors eagerly await SEC ruling on bitcoin ETFs

Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the trading of a spot bitcoin exchange-traded fund, more than a decade after initial attempts were rejected.  13 companies have filed for a spot bitcoin ETF:  Grayscale Bitcoin TrustArk/21Shares Bitcoin TrustBitwise Bitcoin ETF TrustBlackRock Bitcoin ETF … Read more

Spot bitcoin ETF approval may be coming in January 2024

The price of bitcoin has surged in 2023 as investors await approval for the first U.S. spot bitcoin exchange-traded fund, which would be a milestone for cryptocurrency investors, experts say. In early December, the digital currency topped $44,000 for the first time since April 2022, and year-to-date gains were above 160%, as of Dec. 21, … Read more

Top 5 Texas Longhorns matchups for the team’s first year in SEC ft. Georgia, Florida, and more

Texas is set to begin its journey in the Southeastern Conference in 2024 after claiming its final Big 12 championship this season. The resurgent Longhorns are moving to the highly competitive conference next season alongside longtime rival Oklahoma. The SEC unveiled the full 2024 schedule on Wednesday evening, announcing kickoff dates for each team. Texas … Read more

Alabama vs. Georgia live score, updates, highlights from 2023 SEC championship game

Alabama and Georgia are ready to get at it once again. Nick Saban and Kirby Smart meet in the SEC championship for the second time in three years. It’s the first matchup between the two since the Bulldogs won the national championship over the Tide in January 2022. Like the other conference title games, this … Read more

Ripple CEO says SEC has lost sight of mission to protect investors

Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13, 2023. Joseph Nair | Bloomberg | Getty Images The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told CNBC’s Dan Murphy at the company’s Ripple … Read more