Greetings from #Prague 👋 Kicking off #BTCPrague - one of the biggest #Bitcoin #BTC conferences in Europe #BTCAdoption #FixTheMoneyFixTheWorld #FinancialFreedom

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Australian Bitcoin ETF starting tomorrow 🚀🌕

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US regulator admits cyber-security lapse before rogue Bitcoin post

US regulator admits cyber-security lapse before rogue Bitcoin post

Regulator admits key security procedure on X account was suspended six months before it was hacked.

The US financial regulator has confirmed a key security procedure on its X account had been suspended for six months when hackers made a fake post about Bitcoin in January. The cryptocurrency surged in value before the post was deleted. The Securities and Exchange Commission (SEC) did not have multi-factor authentication (MFA) in place when hackers gained access to the account. Cyber-security experts say it should be a wake-up call for other agencies. "While the SEC's X account hack is a minor security incident, all governmental agencies should review the security of their social network accounts," said Ilia Kolochenko from cyber-firm ImmuniWeb.

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