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SEC X Account Hacked to Falsely Say Bitcoin ETFs Approved | Cryptocurrency Trends

Aaron, Bitget Research
2024/01/10
SEC X Account Hacked to Falsely Say Bitcoin ETFs Approved | Cryptocurrency Trends

1. Mainstream Exchange Trends:

● Bitget Wallet integrates the Manta Pacific network and launches an exclusive airdrop promotion.
● Bitget 2023 Annual Report: 52,000 new elite traders join the copy trading program, with total user profits exceeding $450 million.
● Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Bitget: Xai (XAI) — listed.

2. Cryptocurrency Trends:

● U.S. SEC's X account hacked to falsely say that spot Bitcoin ETFs had been approved, leading to sharp fluctuations in the price of Bitcoin and over $40 million in liquidations within an hour.
● Solana Foundation: Three-month developer retention increased from 31% to over 50% over the course of 2023.
● A whale long on the ETH/BTC exchange rate was liquidated and used approximately 3800 ETH in collateral to repay their margin.
● The Ondo Foundation announces a program where users can earn points for participating in the ecosystem and other activities.
● ZKFair to launch a ZKF staking mechanism, whereby users will receive a share of profits from gas fees.
● Hong Kong-listed Burson-Marsteller executes a $20 million cryptocurrency transaction on HashKey Exchange.
● Alchemy Pay adds new card BIN for Hong Kong and expands its digital card support platform.
● Radiant Capital initiates a community proposal for the introduction of Radiant V3.
● Cosmos Hub initiates a community proposal to "adjust the minimum inflation rate to 0%."
● Solana meme project Samoyedcoin to airdrop SAMO to Saga owners and launch an airdrop tool — Saga Tools.

3. Financing Trends:

● OKX Ventures makes a strategic investment in Matr1x, a Web3 gaming company that has raised around $20 million in funding from a number of venture capital firms.
● Polyhedra Network, a ZK interoperability infrastructure, closes a Series A funding round with participation from OKX Ventures.
● Altitude, a DeFi lending protocol, raises $6.1 million in seed round funding with participation from Tioga Capital and others.
● Umoja, a decentralized risk hedging firm founded by Robby Greenfield, former Head of Social Impact at ConsenSys, raises $2 million in a funding round with participation from Quantstamp and others.
● Finoa, a crypto custody provider, raises $15 million in a funding round led by Maven 11 Capital and Balderton Capital.

4. Regulatory Trends:

● The U.S. Securities and Exchange Commission (SEC) says it will work with law enforcement to investigate the hack of its X account.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.
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