- Topic
40k Popularity
42k Popularity
147k Popularity
5k Popularity
19k Popularity
- Pin
- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account
Last updated: January 10, 2024 02:03 EST . 2 min read
Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.
Source: AdobeStock/ rarrarorroTwo United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account
In a letter addressed to SEC Chair Gary Gensler on the same day as the incident, the senators called for a report to be delivered to Congress regarding the breach, emphasizing the need to uate the commission’s internal cybersecurity procedures.
Describing the breach as a matter of serious concern, Vance and Tillis emphasized that it contradicts the SEC’s core mission of protecting investors, maintaining fair markets, and facilitating capital formation
The senators expressed their worry about the widespread confusion caused by the hack and referred to a recently finalized rulemaking on cybersecurity disclosures, urging the SEC to provide Congress with a comprehensive report on the incident.
The letter, dated January 9, set a deadline of January 23 for the report
Additionally, the senators reminded the SEC of the mandate requiring businesses to disclose the impact of cybersecurity incidents within four days, posing a question to the commission about the possibility of providing a report to Congress within that timeframe if the breach was indeed a result of a cyberattack.
SEC’s X Account Compromised
The breach occurred on January 9, when the SEC’s X account shared a false tweet suggesting the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States
However, the excitement in the crypto community was short-lived as Chair Gary Gensler quickly revealed that the SEC’s X account had been compromised, and the tweet was unauthorized.
The incident not only caused confusion among investors and markets but also highlighted the SEC’s vulnerability to cyberattacks and online threats
An internal investigation conducted by X confirmed that the SEC account did not have two-factor authentication enabled at the time of the breach.
The report stated that the compromise was not a result of any breach of X’s s but rather an individual gaining control over a phone number associated with the @SECGov account through a third party.
ious government officials, including Senators Cynthia Lummis and Bill Hagerty, as well as Representative Ann Wagner, echoed the concerns raised by their fellow members of Congress
Hagerty demanded full disclosure about the incident, while Lummis emphasized the risks associated with fraudulent announcements and called for clarity on incidents that can manipulate markets.
Bitcoin ETFs Not Yet Approved
The SEC is expected to finally approve a batch of ETFs on late Wednesday.
utives from some ETF issuers, speaking on condition of anonymity, told Reuters they were startled and surprised by the initial tweet.
One utive said he was “concerned” that the SEC might delay or withhold approval for spot bitcoin ETFs as a result of the hack.
Two issuers, speaking on condition of anonymity, said it was not immediately clear whether the hack would impact the timeline for approvals of the spot bitcoin ETFs