Business / Finance
FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
While the FBI listed hundreds of addresses in its notice, Chainalysis said the Binance attackers have already used "thousands addresses," and expects this number to continue growi…
No more washing up: How Airbnb's new house rules have divided hosts and guests
Airbnb hosts must stop asking guests to wash-up or take out bins under rules coming into force in November.
China sees the yuan vs. dollar rivalry like Pepsi vs. Coke, expert says — ‘never the market leader, but serviceable in a pinch’
"Without a far larger pool of renminbi assets that foreigners can freely buy and sell, the renminbi cannot come close to replacing the dollar."
If California undid its ‘original sin’ and matched Texas on taxing property, it would raise more revenue than the billionaire tax, economists say
"It is simply not possible to fund the state’s needs by leaning on a few hundred people, as politically appealing as that may be."
‘We’re doomed anyway’: young people disheartened about the future are splashing out on the present
Spending $8 on a matcha every day seems worth it when the alternatives – like saving for a house – feel virtually unattainableAn Tran treats herself to experiences like concerts a…
Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered
Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect part of their surpl…
AI boom hits a wall on Wall Street as OpenAI cuts fundraising target while Meta gets a credit warning over its cash flow, spending and monetization
S&P Global cut its outlook on Meta to "negative" from "stable" late Friday.
A stolen iPhone, $14,000 in losses and London's crypto theft problem
Two strangers befriended Magnus Ahmad outside a London bar. Hours later, thieves had emptied his crypto wallets, accessed his bank accounts and disabled his laptop.
A-listers and AI stylists: how high-street brands are staging a fashion comeback
Gap, M&S, Topshop and more are taking a leaf from luxury label playbooks to satisfy savvier generation of shoppersHigh street brands that boomed in the noughties before the squeez…
Britain’s housing crisis won’t be fixed without a new tax landscape
We need policies that stop treating property as a store of wealth and that allow people to move home cheaplyJohn Healey’s critics on the right and left accused him of dodging the …
Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out.
Binance says 90% of stolen assets replenished, targets Sunday withdrawals
Less-liquid tokens make up the remaining shortfall as Binance continues buying replacement assets through market and over-the-counter trades.
Bitcoin held up better than expected after Binance hack, Strive CEO says
Strive CEO Matt Cole says the Binance hack has not changed his long-term case for Bitcoin, but cautions it is too early to call a market bottom.
Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact.
UK charity shop profits plummet amid shift in secondhand clothes market
British Heart Foundation describes ‘exceptionally challenging’ trading after Oxfam’s retail profit reportedly fell 23% amid rise of platforms such as VintedProfits at some of the …
Mark Zuckerberg’s $170 million Miami mansion is just one piece of his sprawling real estate empire that includes a 196-year-old castle
The Meta CEO has spent years accumulating luxury properties, including a secretive ranch with an underground shelter, an Irish castle, and a Lake Tahoe mountain retreat.
Jeff Bezos once gave Eva Longoria and the admiral behind Osama bin Laden’s capture $100 million—but she says you don’t need wealth to give back
Jeff Bezos gave Eva Longoria $50 million for philanthropy. Two years on, she says the biggest myth is that you need to be rich to give back.
Binance Hack: Everything You Need to Know About the Biggest Crypto Heist in History
Attackers tied to North Korea drained roughly $6.4 billion from the world’s largest crypto exchange. Here’s what we know about how it happened, who’s behind it, and what comes nex…
A world-first focus on long-term outcomes could transform UK government – or create new spending fights
Tucked away in John Healey’s budget is decision to ringfence preventative projects where future savings outweigh initial costIt merited the briefest of mentions in John Healey’s s…
Institutions embrace crypto staking despite shrinking yields
Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.
Uber tests how tokenization can put idle cash to work with HSBC, Franklin Templeton
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends.
U.S workers just took home their smallest share of capital since at least 1947—and the lowest ever recorded
American workers aren’t just getting the smallest share of GDP since records began. Their share of employment is shrinking and shrinking
Bitcoin turns 18: Has the original rebel grown up?
In typical Bitcoin style, the number one cryptocurrency turns 18 today, amid AI-driven security threats, quantum fears and the biggest exchange hack in crypto history.
As big bitcoin miners chase AI profits, individuals get another shot at the rewards
Several companies offer access to bitcoin mining without the hassle of running equipment, but high costs and the 2028 reward halving make profits uncertain.