Business / Finance
UK slaps sanctions on three crypto exchanges over alleged Russia links
Britain said the crypto platforms and two payment services may have helped Russia evade financial sanctions, with two handling transactions involving the Kremlin-backed A7 network.
Empire Market Co-Creator Sentenced to 40 Years Over $430M Dark Web Bazaar
Raheim Hamilton forfeited some 1,230 BTC. His co-creator Thomas Pavey, who agreed to forfeit 1,584 BTC, is due to be sentenced this month.
Why are there so many sports subscriptions?
Pete Oliver of DAZN explains why the is a growing number of sports subscriptions and why they are getting more expensive.
‘What happens in Paris doesn’t stay in Paris!’ Wall Street fears ‘doom loop’ as ‘France is veering toward a full-blown civil crisis’
Everything you need to know before you reach the office this morning.
The AI race may be decided by financing—not just better chips
Also: All the news and watercooler chat from Fortune.
Is AI the new China Shock?
When China joined the WTO in 2001, that one move set off the largest capital spending boom the world had ever seen. Twenty-five years later, here we are.
Bitcoin speculators move 55K BTC to exchanges amid $1.1B liquidations
Bitcoin dipped below $81,000, sparking mass crypto liquidations as traders sent BTC to exchanges at a loss.
Dark web drug market operator sentenced to 40 years, forfeits $101 million in bitcoin
A man from Virginia, who facilitated millions of drug transactions worth roughly $430 million, agreed to give up $100 million worth of BTC. His partner forfeited nearly 1,600 BTC.
MARA transfers $81.1 million in bitcoin to Galaxy Digital as strategy pivots to AI
The bitcoin miner’s transfer does not confirm a sale, but comes as its treasury has fallen from 53,822 BTC in February to 35,577 BTC in August.
Sam Altman-backed bitcoin insurer Meanwhile secures $37.5 million in Bain Capital Crypto-led round
Meanwhile has signed 15 brokers serving high-net worth clients across markets iSwitzerland, Singapore, Hong Kong and the UAE.
SIM-Swap Fraudster Who Spent Stolen Crypto on Gold Grills and Dubai Trips Jailed
Ajay Shinjin helped steal nearly $265,000 in crypto after criminals hijacked BT customers' phone numbers in November 2021.
OpenAI projected to bring in $20bn less in revenue than expected
Questions raised over AI growth as ChatGPT maker forecasts this year’s revenue at $50bn, way below the $70bn signalled beforeOpenAI has revealed that it is making about $20bn less…
Bitcoin, Ether ETFs’ October outflows swell toward $1B
Bitcoin ETFs lost $244 million on Thursday, while Ether funds extended their outflow streak to eight sessions, shedding $641 million.
‘You decided to evade them’: Former HSBC banker ‘clearly in a financial position to pay’ banned from finance for dodging $7,800 in fares
Joseph Molloy was banned not only from working in regulated financial services but also from the railway operator.
Gwynne Shotwell’s $300 million SpaceX pledge to Trump Accounts shows billionaires a tax-smart way to give away their own company’s stock
New Treasury rules let the ultrawealthy send shares of their own companies to millions of kids, as long as the gift goes through a charity.
‘The gap was not the awareness’: The company phishing trainings you loathe aren’t enough when nearly 1 in 4 security pros say their MFA is optional
Most security pros surveyed call their company secure, yet 44% say an AI-driven phishing attack got through last year.
Disney offered a 13-year-old $2 million to sing in The Lion King—his mom took $100k plus royalties instead. He’s still getting paid 32 years later
Jason Weaver's mom once backed Aretha Franklin. She bet on royalties over Disney's cash—and it's paid more than the $2 million he gave up
Sweden’s startups will raise $5 billion in 2026. Our secret sauce is 150 years old
The precedents run so far back that we even have a Swedish word for inventor-founded firms of the late 19th century: snilleföretag or "genius companies."
Oil prices fall as Trump pauses Iran attacks, China restarts fuel exports – business live
Brent crude prices fell on Friday as president Donald Trump promised not to attack Iran ahead of the US midterm elections in NovemberGood morning, and welcome to our rolling cover…
Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows
Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.
New tech to power bitcoin lending is set to debut with $500 million in commitments
Layer-1 blockchain Sui is launching Hashi, an institutional protocol allowing holders to use bitcoin as collateral without moving it off the Bitcoin network.
Adidas accuses Australian label White Fox of ‘trading off its reputation’ with use of four-stripe branding
Global sportswear brand is suing online retailer in the federal court for selling clothes featuring ‘deceptively similar’ designGet our breaking news email, free app or daily news…
New-build homes for first-time buyers in England – in pictures
From a flat in a new urban village in London to a family-sized home in a rural village in Norfolk Continue reading...
Virgin unveils its future cross-Channel train as it gears up to take on Eurostar
Group plans to launch services from London in 2030 and hopes to outshine competitor with design inspiration from its airline, cruise and hotel armsFlash interiors, fancy food and …