1/10/24 ETF Day!?!
On this day when the world waits with bated breath to see if the State will grant approval for Bitcoin ETFs, let us remember how we got here. Cypherpunks do not ask for permission. We know that a widely dispersed system can’t be shut down.
BLOOMBERG ON #BITCOIN
ETF APPROVAL
6-8PM EST
WHICH IS ONLY 7HRS FROM NOW.
DON’T BE STUPID
LIKE THE #SEC
AND
GARY #GENSLER
Gary Gensler @GaryGensler
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
4:26 PM · Jan 9, 2024
26.4M Views
What’s the weirdest part of @GaryGensler ‘s message?
Think about it . . .
NO APOLOGY for the harm done.
None.
TWITTER replies
We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X’s systems, but rather due to an unidentified individual obtaining control over a phone number associated with the @SECGov account through a third party. We can also confirm that the account did not have two-factor authentication enabled at the time the account was compromised. We encourage all users to enable this extra layer of security. More information and tips on how to keep your account secure can be found in our Help Center:
https://help.x.com/en/safety-and-security/account-security-tips
Last edited 10:28 PM · Jan 9, 2024
Gary Gensler has received congressional letters asking him to explain yesterday’s hack and BTC ETF tweet.
Tuur Demeester @TuurDemeester
The SEC 2FA blunder is an early example of how old world institutions who do not respect the cypherpunk toolbox will lose reputation, money, and eventually sociopolitical relevance, one loss event at a time.
No more double standards. In a bitcoin world, it’s adapt or die.
@Leerzeit With its malignant incompetence, the SEC has inflicted sixty billion dollars of damage on investors in just one hour. The SEC exists to protect investors and provide confidence in the markets. The SEC is a criminal organization.
suzuha@dystopiabreaker
you guys want to ban cryptography, mandate intermediation, define cybersecurity standards, and censor the speech of cryptography developers and security experts to that end, but you cannot even secure your own twitter account
Enable two-factor authentication
The most important thing you can do to increase your online security, alongside using a password manager, is to enable two-factor authentication everywhere you can.
Duo Mobile, compatibility, security, usability, and reliability for most people. Duo Security LLC
https://duo.com/product/multi-factor-authentication-mfa/duo-mobile-app#download
AUTHY https://authy.com/download/
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