On The Wire: Today's Top Stories In Finance & Tech

Your daily briefing of some of the most important stories from the crypto, finance, and tech space.

The daily news roundup from REX Wire

Welcome to your daily briefing, where we bring you stories from the forefront of finance, technology, and market analysis, sent directly to your inbox.


Economists Forecast Weak Eurozone Growth in 2024

Economists predict minimal eurozone growth in 2024, citing recession risks and geopolitical tensions. Key concerns include high interest rates, energy uncertainties, and potential impacts from US political shifts and the Ukraine conflict. Inflation is expected to align closer to the ECB's target.

Economists Forecast Weak Eurozone Growth in 2024
Financial Times survey reveals economists expect only slight eurozone growth in 2024, with geopolitical risks looming.

UN IGF Launches DAO Pilot For Enhanced Blockchain Governance

The UN IGF's Dynamic Coalition on Blockchain Assurance & Standardization is initiating a DAO pilot project to demonstrate blockchain's potential in public governance. Led by experts, the project aims to create a transparent, efficient governance model using Ethereum Layer 2 technology and involves global multi-stakeholder collaboration.

UN IGF Launches DAO Pilot For Enhanced Blockchain Governance
UN IGF Dynamic Coalition explores DAOs for public sector governance, leveraging blockchain for transparency.

Cryptocurrency Outlook For 2024: An Analytical Perspective

Bitcoin's resilience signals a positive 2024, with market cap potentially doubling. Global crypto adoption is rising, significantly influenced by Bitcoin's legal tender status in El Salvador.

Cryptocurrency Outlook For 2024: An Analytical Perspective
2024 outlook for Bitcoin shows resilience and growth potential, with global cryptocurrency adoption on the rise and a significant market cap increase expected.

Scammers bypassed Google Ads' verification, using phishing script MS Drainer to create fake crypto websites, resulting in a $59 million theft. Over 10,000 phishing sites were identified, deceiving 63,210 users, indicating a sophisticated and widespread exploitation of Google Ads.

Google Ads Exploited In $59M Crypto Scam
Cybercriminals exploit Google Ads, using MS Drainer to steal $59 million in crypto from unsuspecting users.

Goldman Sachs To Raise Trader Bonuses Amid Revenue Decline

Goldman Sachs intends to raise bonuses for its trading division despite a fall in revenues. This move follows last year's staff dissatisfaction due to pay cuts and aims to retain talent in a highly competitive market, balancing out uneven performances across trading segments.

Goldman Sachs To Raise Trader Bonuses Amid Revenue Decline
Goldman Sachs plans to increase trader bonuses, countering a drop in trading revenues and staff unrest.

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