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Alabama – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Mon, 10 Feb 2025 18:58:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png Alabama – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 Alabama Man Pleads Guilty in US SEC X Account Bitcoin ETF Hack, Here’s All https://cryptocurrencypanther.com/2025/02/10/alabama-man-pleads-guilty-in-us-sec-x-account-bitcoin-etf-hack-heres-all/ https://cryptocurrencypanther.com/2025/02/10/alabama-man-pleads-guilty-in-us-sec-x-account-bitcoin-etf-hack-heres-all/#respond Mon, 10 Feb 2025 18:58:34 +0000 https://cryptocurrencypanther.com/2025/02/10/alabama-man-pleads-guilty-in-us-sec-x-account-bitcoin-etf-hack-heres-all/

A 25-year-old Alabama man has admitted to his role in the hacking of the U.S. Securities and Exchange Commission’s (SEC) X account. The cyberattack led to a false announcement about Bitcoin exchange-traded funds (ETFs), causing a brief price surge.

Eric Council Jr Pleads Guilty in US SEC X Account Hack

According to a Bloomberg report, an Alabama man Eric Council Jr. has pleaded guilty to charges related to the January 2024 SEC Bitcoin ETF hack. The case was heard in a Washington federal court, where Council admitted to conspiracy to commit aggravated identity theft and access device fraud.

The hack involved posting a fake announcement on the SEC’s X account, formerly Twitter, falsely stating that the agency had approved Bitcoin ETFs. The post caused Bitcoin’s price to rise sharply before the SEC clarified that the information was false. The official approval of the ETFs came a day later.

Prosecutors revealed that Eric Council Jr used a fake ID to deceive a phone store employee into granting access to the victim’s phone. This method, known as a SIM swap attack, allowed the hackers to bypass security measures and take control of the SEC’s social media account.

This Is A Developing News, Please Check Back For More

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Kelvin Munene Murithi

Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BlockDAG Raises $20M In 48 Hours Amid Shiba Inu & Pepe Coin Price Rallies – Is It The Top Crypto – West Alabama Watchman https://cryptocurrencypanther.com/2024/11/27/blockdag-raises-20m-in-48-hours-amid-shiba-inu-pepe-coin-price-rallies-is-it-the-top-crypto-west-alabama-watchman/ https://cryptocurrencypanther.com/2024/11/27/blockdag-raises-20m-in-48-hours-amid-shiba-inu-pepe-coin-price-rallies-is-it-the-top-crypto-west-alabama-watchman/#respond Wed, 27 Nov 2024 07:14:48 +0000 https://cryptocurrencypanther.com/2024/11/27/blockdag-raises-20m-in-48-hours-amid-shiba-inu-pepe-coin-price-rallies-is-it-the-top-crypto-west-alabama-watchman/

BlockDAG Raises $20M In 48 Hours Amid Shiba Inu & Pepe Coin Price Rallies – Is It The Top Crypto  West Alabama Watchman



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Alabama? This map shows where people are talking about dogecoin the most. https://cryptocurrencypanther.com/2021/11/13/alabama-this-map-shows-where-people-are-talking-about-dogecoin-the-most/ https://cryptocurrencypanther.com/2021/11/13/alabama-this-map-shows-where-people-are-talking-about-dogecoin-the-most/#respond Sat, 13 Nov 2021 17:25:43 +0000 https://cryptocurrencypanther.com/2021/11/13/alabama-this-map-shows-where-people-are-talking-about-dogecoin-the-most/

Dogecoin
DOGEUSD,
+0.75%

prices are spiking again. The meme cryptocurrency’s jump of 96% this week brings its year-to-date gain to more than 14,000%.

The crypto that started out as a “silly joke” has gained a cult following in recent months, spearheaded by some high-profile people, notably Tesla’s
TSLA,
-2.83%

Elon Musk and fellow billionaire Mark Cuban.

Dogecoin, as a topic, has been trending in the U.S. for some months, but the states where it’s most popular may not be the ones you would have guessed.

Here are the states in which people are talking about dogecoin the most:

The map tracks geotagged tweets, hashtags and direct keyword phrases about dogecoin, and was gathered by data visualizations site Someka. The tracking uses multiple keywords to get the most accurate data, including #doge, #dogecoin, #dogecrypto, #dogeday and #dogeinvestor.

See also: Crypto FOMO! ‘I’m too old to sit and hope I can make up for the lost time by safely investing my little bit of money’

The map, which tracks geotagged twitter
TWTR,
+0.52%

data in March, indicates that Alabama is the most doge-crazed state in the U.S. — over 3 million tweets were tracked in this dataset.

The top 10 states with the most dogecoin interest:

  1. Alabama

  2. Pennsylvania

  3. South Carolina

  4. Utah

  5. Florida

  6. Idaho

  7. Alaska

  8. California

  9. Iowa

  10. New York

Similar to bitcoin
BTCUSD,
+1.36%

and ethereum
ETHUSD,
-1.42%
,
 dogecoin is a peer-to-peer, open-source cryptocurrency. Dogecoin features the face of the shiba inu from the popular doge meme as its logo.

See also: A $25 billion dogecoin whale lurks, but Robinhood CEO says ‘we don’t have significant positions in any of the coins we keep’

In those top 10 states and beyond, the interest in and popularity of dogecoin has surged in 2021. Of late, wealthy investor Mike Novogratz observed in an interview with MarketWatch that “it’s dangerous being a speculator” in the meme-powered crypto. Even Musk, on the eve of his guest-host star turn on “Saturday Night Live,” was urging prudence.

See also: ‘A total make-or-break for dogecoin,’ says one crypto investor as Elon Musk prepares to host ‘Saturday Night Live’

Last week, the Oakland A’s made what was almost certainly the first dogecoin transaction in baseball history when the team sold a pair of seats for 100 dogecoin, was worth about $50 at the time.

See also: ‘If you have an extra car to sell, there may never be another time greater than this’

Dogecoin prices are up 1,371% in the past three months. The Dow Jones Industrial Average 
DJIA,
+0.50%

 is up 11% in that span, while the S&P 500
SPX,
+0.72%

 has advanced 8.7%.



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