Business / Finance
Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week.
UK Freezes $12M London Penthouse of Alleged Prince Group Finance Chief
Thet Li is accused of running the finances of a scam empire tied to $14 billion in Bitcoin the U.S. has moved to seize.
Whose side is he on? U.S. threatens to cut arms supplies to Ukraine as Trump announces ‘ceasefire’ that is immediately ignored by Russia
Everything you need to know before you reach the office this morning.
Kraken parent clears Dubai’s final hurdle for dirham trading rollout
Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.
Standard Chartered adds Ripple USD custody, eyes LMAX collateral deal
Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.
Can we trust OpenAI and Anthropic to monitor their own technology?
Also: All the news and watercooler chat from Fortune.
Jeff Bezos says he gets why socialism is surging—but politicians blaming ‘greedy landlords’ have housing all wrong
A record 43% of Americans now view socialism favorably. The Amazon founder blames government policy for the housing crunch and holds up Austin, where rents have fallen, as proof t…
I don’t have children. So who will I leave my precious possessions to when I die? | Kiran Sidhu
The quirky vase, the owl candlestick, my mother’s ring – these items hold part of me and carry with them an existential problemA friend of mine recently discussed his will with me…
U.S. inflation, Ethereum upgrade talks: Crypto Week Ahead
Your look at what's coming in the week starting Oct. 12.
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
Vikrom Kromadit built his industrial park empire in Thailand and Vietnam. Laos is next
Laos's green energy potential is why the Amata CEO calls the landlocked country "the battery of Southeast Asia.”
Why a bug that could have threatened XRP's 100 billion supply cap stayed hidden for years
The XRP Ledger Foundation said normal parameters never triggered the bug that could have broken XRP's supply cap, which is why it was undetected for years.
AI less regulated than milk, Microsoft president says in warning over safety
Brad Smith adds to calls for tougher rules for AI, including ‘kill switches’ and legal obligation to victims of rogue agentsBusiness live – latest updatesArtificial intelligence i…
Ledger says unauthorized implant found in at least one device sold by CryptoBilis
Ledger confirmed an unauthorized hardware implant in a device linked to crypto losses at CryptoBilis, a Southeast Asian reseller. The company says confirmed cases are limited and …
UK inflation pressures hits three-year high; Nobel prize for economics awarded today – business live
Rolling coverage of the latest economic and financial newsThe Fight Inequality Alliance is calling on finance ministers attending the IMF/World Bank meeting in Bangkok to consider…
Nearly 70 million kids now have a Trump Account—but parents have to claim it first. Here’s who gets the $1,000
The Treasury auto-enrolled more than 60 million children, and $4.5 billion has flowed in since July. But the government’s seed money only goes to kids born from 2025 through 2028,…
The IEA wants to empty its oil reserves faster. A federal watchdog says the US isn’t ready for what comes next
The IEA is racing to finish its record 400 million-barrel release as diesel prices spike. Meanwhile, a federal watchdog warns the U.S. Strategic Petroleum Reserve is aging, shrink…
Global watchdog flags stablecoin risks, AI threats ahead of G20
The Financial Stability Board flagged cross-border stablecoin risks and AI-related cybersecurity threats while urging G20 policymakers to support stronger safeguards.
UK van drivers face extra £2.5bn in diesel costs this year, figures show
Calls for planned fuel duty rise to be scrapped as analysis finds average fuel bill could hit £1,965, up from £1,294Millions of British van drivers face a combined £2.5bn cost to …
Drivers forced to use parking apps can pay up to 40% more
Council car parks have switched away from ticket machines to cut costs, leading to extra fees for usersDrivers are unwittingly paying up to 40% more to park as more councils switc…
Father was asked for DNA test to get a passport for his daughter
New post-Brexit rules mean that dual nationals cannot enter the UK unless they have a British passportMy teenage daughter is unable to see her grandparents because of the UK’s new…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures
Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next yearJohn Healey has been warned by Britain’s leading tax and spending exper…
Why some have no choice but to pay costly oil prices
The rural communities vulnerable to heating oil prices rises as the weather gets colder.