A hacker claimed to have stolen Razer's source code, encryption keys, database, and backend access logins, and offered to sell the data for $100,000 in Monero.
Razer is investigating the potential breach and has reset all user accounts and asked them to change passwords.
Razer dealing with consequences of 2020 data leak:
Razer is still dealing with the consequences of a data leak that took place in 2020, where personal details of around 100,000 users were exposed.
IT vendor Capgemini is appealing a $6.5 million award granted to Razer in December 2020 as a result of the leak.
BlackRock has a 50% chance of getting its spot Bitcoin ETF approved: $BTC
Bloomberg senior ETF analyst Eric Balchunas predicts that BlackRock has a 50% chance of getting its spot Bitcoin ETF approved.
The SEC may look more favorably upon BlackRock’s #ETF filing as a way to “save face” by allowing an ETF from a “trusted ‘adult' TradFi” firm instead of #Grayscale.
Grayscale has a 70% chance of winning its lawsuit against the SEC:
Bloomberg senior litigation analyst Elliott Stein believes that Grayscale has a 70% chance of winning its lawsuit against the SEC over the company’s bid to convert the Grayscale Bitcoin Trust (GBTC) to a Bitcoin #ETF.
Grayscale’s odds increased from 40% after the parties’ oral arguments reached completion because “all three judges on the panel appeared to side with Grayscale” based on their “lines of questioning,” Stein said.
🚀 #Bitcoin rallies as optimism grows over US debt resolution! 💼 President Biden and Speaker McCarthy have agreed to raise borrowing limits, easing fears of a default. BTC surged to $28,450, highest in 2 weeks. However, profit-taking pushed it down to $27,850 later. 📉 Short-term correction to $25,000 likely as BTC consolidates within a descending triangle since March. But overall bias remains bullish! 📈 #CryptoNews
📢 Tether sets the record straight on Chinese securities in reserves! 🇨🇳
Tether responds to outdated reports, emphasizing their commitment to transparency. The materials in question are over 2 years old, and their exposure to Chinese commercial papers was liquid and stable.
【Midday News - What's Happening in the Crypto Today】
**FTX co-founder Sam Bankman-Fried to face two separate trials:
1.Bankman-Fried is facing a total of 13 charges relating to fraud, fraud conspiracy and bribery.
2.Five of those charges will now be split off into a second trial on March 11, 2024.
**DOJ lawyers to proceed with original eight charges against Bankman-Fried:
1.Lawyers for the FTX co-founder attempted to dismiss the five additional charges imposed after his extradition.
2.The new trial in March will focus on the charges of bribery conspiracy, conspiracy to operate an unlicensed money-transmitting business, bank fraud conspiracy along with derivatives and securities fraud.
Industry players are sharing their thoughts on the SEC's recent actions, from driving crypto companies away from the U.S. to calling the commission's actions lazy. The uncertainty of rules and guidance in the U.S. is becoming a common theme among even the country's biggest crypto supporters.