On Wednesday 10th of January 2024 the U.S Security and Exchange Commission approved the first ever batch of spot bitcoin exchange-traded funds to come out of the united states. This announcement which was globally anticipated because of the impact it would have in the crypto space, hackers went as far as compromising the social media account of the security exchange commission just to announce a fake approval. With such anticipation and hype around it, I deemed it fit to explain the whole con...