us securities and exchange commission
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SEC Approves Bitcoin ETFs (For Real, This Time)
After a hilarious fake out yesterday, the US Securities and Exchange Commission (SEC) *officially* approved 11 Bitcoin ETFs, giving the crypto world a bit win to start the new year. The ETFs will make it easier for normal, non-web3 people to invest in the cryptocurrency, opening up the opportunity for broader interest in the digital…
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Caesars Entertainment Confirms Hack in Second Recent Casino Attack
If you’re a betting person, what are the odds of two casinos getting hacked in succession? Following an attack on MGM casinos, Caesars Entertainment just stated in an SEC filing that it was also the subject of a hack that occurred last month. As Bloomberg reports, citing sources close to the matter, the late-August attack…
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How Memestock Traders Responded to Mockery From the Government
It’s ‘Not a Game’, Get It? A public awareness campaign launched by the Securities and Exchange Commission (SEC) hoping to spread awareness that “investing is not a game,” seems to have hit poorly among its intended audience. The federal agency put out YouTube videos and an online quiz à la BuzzFeed to convey risks associated…
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Electric Truck Maker Nikola to Pay $176 Million in SEC Settlement Following Fake Demo
GM-backed eclectic truck maker Nikola (which famously admitted one of its promotional videos was actually just a prototype rolling down a hill) will pay the Securities and Exchange Commission $US125 million ($176 million in Aussie dollars) to settle charges it had defrauded its investor by lying about its products and technical capability.