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.

In today's roundup, the ETFs are seeing huge trading volumes as the price of bitcoin rises. Oil and gas companies are seeing record profits under Biden's presidency. RFK has committed to doing for the US what Milei has just done for Argentina. And could Craig Wright face serious criminal charges after the Satoshi trial is over?

Nigeria Halts Crypto Access Amid Currency Crisis

Nigeria's government blocks access to leading cryptocurrency exchanges like Binance and Coinbase to control currency speculation and stabilize the naira. Amidst economic reforms, the move reverses a more crypto-friendly stance, as the naira hits a low of 1,600 to the dollar. The decision sparks debate on currency stability and digital asset regulation.

Nigeria Halts Crypto Access Amid Currency Crisis
Nigeria’s Naira drops to 1,600/USD, prompting a crypto exchange block to curb currency decline.

Oil And Gas Profits Soar Under Biden Presidency

Under President Biden, US oil and gas companies' profits soared, nearly tripling to $313 billion despite criticisms of anti-industry policies. The increase is attributed to external factors like global events, rather than direct presidential impact, with US production hitting record highs.

Oil And Gas Profits Soar Under Biden Presidency
US oil and gas profits nearly triple under Biden, defying industry criticisms of his policies.

IBIT Sees Monster Volumes

Yesterday saw huge inflows to the bitcoin ETFs, and record-breaking trading volumes. Unsurprisingly, BlackRock led the pack.

IBIT Sees Monster Volumes
The Bitcoin ETFs are picking up steam, with BlackRock’s volumes starting to rival some of the largest ETFs across all asset classes.

Kennedy: I Can Do What Milei Did

Argentina's new president has just slashed public spending, bringing the country its first monthly budget surplus in 12 years. Presidential hopeful Robert F. Kennedy Jr is looking at America's $34 trillion debt and thinking he can do the same.

Kennedy: I Can Do What Milei Did
US presidential hopeful Robert F. Kennedy Jr has said he will adopt the same approach as Argentina’s budget-slashing new leader.

Will Wright's Fake Evidence Land Him In Jail?

The "Satoshi" trial has seen Wright submitted forged document "on an industrial scale". Will there be repercussions in the form of criminal prosecution? It's possible, but the bar is high.

Will Wright’s Fake Evidence Land Him In Jail?
The Crown Prosecution Service would need to deem it in the public interest to start criminal proceedings against Wright.

Cybersecurity 101: Malware

Malware, including viruses, worms, trojans, and spyware, threatens digital safety, exploiting vulnerabilities to steal data, damage systems, and compromise privacy, necessitating advanced protective strategies for defense and mitigation.

Cybersecurity 101: Malware
Malware encompasses various forms including viruses, worms, trojans, and spyware, posing significant threats to digital security.

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