All articles tagged with #social media hack
Elmo's X social media account was hacked over the weekend, resulting in antisemitic and racist posts that were later removed. The account issued an apology after two days, blaming the incident on a hack, but some users demanded more accountability and investigation. The incident highlights ongoing security issues on X platform.
The U.S. Securities and Exchange Commission (SEC) confirmed that its X social media account was briefly compromised, leading to a fake post claiming approval of bitcoin exchange traded funds (ETFs). The SEC clarified that it has not yet approved spot bitcoin ETFs and is investigating the unauthorized access. The incident caused a brief spike in bitcoin's price, prompting concerns about potential delays in ETF approvals. The hack raised questions about the security of social media platforms and their impact on financial markets.