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(Bloomberg) -- The crypto industry is closer to another landmark after the Securities and Exchange Commission paved the way for the eventual launch of the first US exchange-traded funds investing directly in the Ether token.Most Read from BloombergSingapore Air Changes Seatbelt Rules After Fatal TurbulenceSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationNvidia Stock Surges as Sales Forecast Delivers on AI HopesChina’s $538 Billion Deposit Exodus Supercharges Rally in BondsThe Rise and

SEC's hacked Bitcoin tweet sends Bitcoin skyward in most serious breach in years and raises questions about Elon Musk's X. Read more

(Bloomberg) -- The US Securities and Exchange Commission said its account on social network X was “compromised,” leading to a spike in the price of Bitcoin and raising fresh questions about X’s reliability as a source of information and the strength of its security practices.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanBlackRock Cuts 3% of Global W

SEC's hacked Bitcoin tweet sends Bitcoin skyward in most serious breach in years and raises questions about Elon Musk's X. Read more