SEC Chair Gary Gensler said the agency is taking the cybersecurity incident seriously and is currently evaluating the impact of the breach on crypto investors and marketplaces.
Terraform Labs co-founder Do Kwon urges the court to delay his trial date as he aims to resolve extradition issues in Montenegro to ensure his presence at the United States court.
Crude oil (CL=F, BZ=F) prices are jumping higher Friday after the US and UK military coordinated airstrikes on Iran-backed Houthi rebels in Yemen on Thursday. These events further complicate escalating conflicts in the Red Sea where Houthi forces are targeting freight shipping vessels. Yahoo Finance Senior Reporters Ines Ferré and Jared Blikre detail the broader implications on global trade routes and the energy sector, while also commenting on energy M&A activity stemming from Chesapeake Energy Corporation's (CHK) acquisition of Southwestern Energy Company (SWN). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Senators Ron Wyden and Cynthia Lummis questioned the SEC’s lack of multifactor authentication and phishing-resistant hardware tokens for its X account.
According to the New York regulator, Genesis had compliance failures that violated crypto and cybersecurity regulations, leaving the company “vulnerable to illicit activity.”
The South Korean Financial Services Commission may review and update its regulations with regard to the Bitcoin spot ETF trade approval in the United States.