The SEC quickly said its account had been “compromised” and deleted the X post announcing ETF approval The US Securities and Exchange Commission (SEC) appeared on Tuesday to issue approval for Bitcoin-denominated exchange-traded funds (ETF), sending the value of the cryptocurrency soaring. Within minutes, however, the SEC claimed it had been hacked.

Cuba will end state subsidies to tackle the economic crisis it blames on the US embargo The Cuban government will hike gasoline and diesel prices on the island by 500% effective February 1, as part of a set of measures aimed at reducing the country’s large budget deficit.

Global oil markets are heading for a crash that will slash 20% off of the crude price this year, Russian businessman Oleg Deripaska predicted on Tuesday. The tycoon’s warning comes after oil prices fell by about 4% on Monday on sharp price cuts announced by top exporter Saudi Arabia for exports in February. Oil has…