modernsociety
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10 months agoBinance Killers' Trading Signals Questioned Amid Lack of Evidence
Binance Killers, a Telegram group, offers crypto trading signals to its extensive membership base, which it claims to be over 250,000. The group asserts that its members have made a fortune trading on Binance. It…
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10 months agoSwiss Federal Council to Evaluate 'Too Big to Fail' Bank Regulations
In a last-minute decision, the Swiss government and authorities opted to sell the crisis-stricken Credit Suisse (CS) rather than rehabilitate it. UBS President, Colm Kelleher, announced the sale of CS to its larger…
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10 months agoBitcoin Market Rocked by False SEC Tweet, Sparks $210M Liquidation
The cryptoverse experienced a rollercoaster ride on Tuesday, with Bitcoin prices soaring and plummeting due to a fabricated news flash from the Securities and Exchange Commission (SEC). The SEC’s official account o…
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10 months agoSEC Social Media Breach Sparks False Bitcoin ETF Approval Claim
The U.S. Securities and Exchange Commission (SEC) was recently embroiled in a cybersecurity breach and subsequent trust crisis. On January 9, hackers infiltrated the SEC’s social media account, falsely announcing t…
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10 months agoSenators Demand SEC Report on Recent Cybersecurity Breach
United States Senators J.D. Vance and Thom Tillis have urged the United States Securities and Exchange Commission (SEC) to submit a report to Congress regarding the Jan. 9 breach of the SEC’s X account. The s…
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10 months agoBasel-Stadt Issues Bond Purchasable with Digital Central Bank Money
The Basler Kantonalbank (BKB) has issued a new bond for the canton of Basel-Stadt. The unique aspect of this bond is that it can be purchased with digital central bank money, as announced by the canton on…
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10 months agoCelsius Crypto Lender Navigates Bankruptcy with Settlement Plan
The once-prominent crypto lender, Celsius, continues to navigate its complex bankruptcy proceedings. Recent developments indicate that account holders who withdrew more than $100,000 within the 90 days leading up…
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10 months agoKey Appointments and Changes in Swiss Financial Sector
In a series of recent executive appointments, Claudia Cordioli has been named the new CFO of Zurich Insurance, taking over from George Quinn who is stepping down after a decade in the role. Cordioli’s appointment w…
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10 months agoCrypto Market Reacts to Fake SEC Bitcoin ETF Approval Tweet
The crypto market recently experienced a significant event when the Securities and Exchange Commission’s (SEC) account was hacked. This led to a fake tweet about the approval of a spot Bitcoin ETF, causing a m…
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10 months agoCelsius Creditors May Face Legal Action Over Large Withdrawals
Bankrupt crypto lender Celsius may require its creditors who withdrew large sums from the platform before its bankruptcy declaration to return part of those funds or face legal action. On January 9, the company’s b…
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10 months agoSEC Procedural Clause Could Delay Spot Bitcoin ETF Approval
Fox Reporter Eleanor Terrett has brought to light a significant procedural detail of the U.S. Securities and Exchange Commission (SEC) that could impact the approval of the much-anticipated spot Bitcoin…
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10 months agoSEC's Main Account Hacked Due to Lack of Two-Factor Authentication
The United States Securities and Exchange Commission (SEC) has recently faced a security breach due to the lack of two-factor authentication (2FA) on its main X account. This lapse in security allowed a hacker to…
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10 months agoSEC Likely to Proceed with Bitcoin ETF Decision Despite Hack
The United States Securities and Exchange Commission (SEC) is expected to proceed with a decision on spot Bitcoin exchange-traded funds this week, despite a recent hack of its social media account. The SEC’s X a…
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10 months agoBitcoin Price Fluctuates Wildly After SEC Twitter Account Hack
The price of Bitcoin saw dramatic fluctuations following a security breach on the official Twitter account of the US Securities and Exchange Commission (SEC). A fraudulent tweet was posted at 4:11PM EST on Tuesday,…
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bob wrote a new post
10 months agoBitcoin Price Fluctuates After SEC Twitter Account Hack
The price of Bitcoin saw dramatic fluctuations following a security breach on the official Twitter account of the US Securities and Exchange Commission (SEC). A fraudulent tweet was posted at 4:11PM EST on Tuesday,…
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bob wrote a new post
10 months agoWisdomTree and Valkyrie Waive Fees Amid Bitcoin ETF Applications
Asset managers WisdomTree and Valkyrie have announced temporary fee waivers for their spot Bitcoin ETF applications, according to Bloomberg ETF analyst James Seyffart. WisdomTree will waive its fees for six months…
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10 months agoCustodia Bank Founder Warns of Hidden Risks in Bitcoin ETF Fee Race
Caitlin Long, the founder of Custodia Bank, has expressed concern over the trend of spot Bitcoin Exchange Traded Fund (ETF) issuers in the United States reducing their fees to near zero. On January 8, she advised…
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10 months agoSEC Denies Involvement in False Bitcoin ETF Approval Tweet
The United States Securities and Exchange Commission (SEC) has categorically denied that its staff had any part in the recent “unauthorized” tweet claiming that spot Bitcoin ETFs had been approved. Despite thi…
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10 months agoSEC Under Fire for Potential Market Manipulation After Account Breach
United States lawyers and senators are urging Congress to initiate an investigation into the Securities and Exchange Commission (SEC) following a reported compromise of its X account. The account falsely announced…
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10 months agoValkyrie Executive Foresees Approval of Spot Bitcoin ETF on Wednesday
Steven McClurg, the CIO and co-founder of Valkyrie, has expressed his confidence in the approval of a spot Bitcoin ETF on Wednesday. McClurg has been working diligently on this for the past six weeks and is excited…
