On Tuesday, the US Securities and Exchange Commission (SEC)'s X account was hacked and announced the approval of a Bitcoin ETF, driving a brief spike in the price of Bitcoin, which US authorities said would investigate. "This really shows the breadth and frequency of cyberattacks," said Kurt Gottschall, a former regional director at the SEC. "Ironically, the SEC has shown little sympathy for public companies and asset managers who have suffered cybersecurity incidents. The breach provides a pretext to Crypto Assets enthusiasts, who have long viewed SEC Chairman Gensler as an "enemy" because of his passion for controlling the industry. For critics who have been waiting for the SEC to approve SpotBitcoin ETFs for years, it is ironic that such cybersecurity incidents have occurred to a regulator that has repeatedly warned about online vulnerabilities in the Crypto Assets.

The Mina Foundation, a nonprofit that provides services for the zero-knowledge (ZK) blockchain Mina protocol, announced that its board of directors has appointed Chief Operating Officer (COO) Kurt Hemecker as the company's CEO, and founder Evan Shapiro continues to serve as the foundation's chairman and advisor. In his role as CEO, Hemecker brings more than two decades of experience as a major player in Web2 and Web3. Prior to his role as COO of the Mina Foundation, Hemecker held senior leadership positions at the Diem Association (formerly Libra) and PayPal. Leveraging his business development and strategic partner wisdom, he will advocate for the adoption of Mina's zero-knowledge technology across multiple verticals and industries.