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Coinpedia
2024-01-10 09:47:08

Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours

Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours

The post Fake Tweet on Bitcoin ETF Approval Causes Chaos in Crypto Market: 900 Million Liquidations in 24 Hours appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) faced a major cybersecurity incident yesterday, causing disarray in the highly anticipated decision on Bitcoin exchange-traded funds (ETFs). 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. How it Impacted …

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