Business / Finance
Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack
Bitcoin held above $76,000 after a $6.3 billion Binance hack and a tech-stock sell-off, as momentum indicators pointed to a possible rebound.
Security experts are already wondering if North Korea is behind the $6.3 billion Binance heist
Everything you need to know before you reach the office this morning.
Crypto liquidations jump to $1.57 billion as Binance hack sends bitcoin, ether lower
Bitcoin traded near $77,350 after $6.3 billion Binance hack, with crypto futures liquidations jumping to $1.57 billion.
EIP-7702 didn’t cause Binance hack, but may have amplified losses
Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.
‘It’s only when you see 49-ton trucks in China running on batteries that you realize how serious electrification is’: Octopus Energy CEO Greg Jackson on Europe’s incumbency problem
In 2015, Greg Jackson founded Octopus Energy, now one of the biggest energy suppliers in Europe. He talks to Fortune about the continent’s electrification challenge—and reveals th…
Binance hacker’s Bitcoin haul tops Coinbase’s corporate treasury
The attackers held 18,270 BTC early Friday, topping Coinbase’s reported corporate holdings, and an Ether stash exceeding 500,000 ETH.
Trezor Warns CryptoBilis Buyers After Report of Hardware Implant in Safe 5
The hardware wallet manufacturer has yet to examine the device, but is treating the report as credible and told buyers to move their funds.
Government corruption a top issue for US midterm voters, exclusive poll finds
Harris poll for Guardian finds 76% believe officials care more about self-enrichment than helping everyday AmericansGovernment corruption has emerged as a top issue in the upcomin…
Britain’s blighted high streets will improve by next election, says Rayner
Housing secretary says Labour wants to reverse fortunes of towns plagued by boarded-up shops and rogue businessesAngela Rayner has said voters will begin to see a difference in th…
Trump vowed to reduce prices, but his policies have fueled US inflation | Steven Greenhouse
‘Even though economists warned that tariffs would be inflationary, Trump has enthusiastically embraced them’Donald Trump successfully campaigned for his second term two years ago …
What every CEO can learn from the collapse of law firm giant Weil Gotshal
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THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene.
Strategy CFO Andrew Kang resigns as company posts record operating profit
Andrew Kang’s departure comes as Strategy reports $21 billion in quarterly operating income and bitcoin holdings of 848,517 BTC.
Binance Finds 'Additional Points of Breach' in $6.3B Hack
CEO Richard Teng said the attack was "not a single 'one-click' action," as Binance confirmed about $3 billion has been frozen.
Trezor warns CryptoBilis buyers to move funds over suspected implant
Trezor urged customers who bought devices from CryptoBilis since March to move their funds after a report of a suspected hardware implant.
UK house prices grow at slowest pace in two years as mortgage rates rise
Sluggish growth of 0.5% in October comes as higher borrowing costs put break on marketUK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than…
Project Veritas founder James O’Keefe charged with identity theft over fake names given to Minnesota poll workers
Moriarty said the situation shows that “the system for identifying misconduct and responding to it functioned well during the primary.”
Andy Burnham admits he would have liked more radical first budget
Prime minister says room for manoeuvre was limited by geopolitical crises and Labour’s 2024 manifestoAndy Burnham has admitted his first budget as prime minister was not as radica…
Live updates: Binance finds more breaches in $6.3 billion hack; AI spending fears hit tech
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.
Foreign defence contractors will need to invest in UK under new rules
Foreign firms awarded large defence contracts will need to invest an equal value back into the UK, Wes Streeting announces.
BP profits jump as Middle East conflict drives up oil refining margins
Third-quarter underlying replacement cost profit rises to $8.46bn, up from $2.2bn a year agoBP has posted a jump in its quarterly profits as the war in the Middle East drove u…
The U.S. expected 17,000 disputes a year when it passed this medical bills law. It gets over 2 million instead
Researchers estimate the arbitration process alone in the No Surprises Act cost health plans $22.4 billion in the law’s first four years.
Yorkshire Water boss resigns after firm downgraded
Nicola Shaw, who has led the company since 2022, will step down in January, it is announced.
Binance hacker dumps a little-known 2017 token and it crashes 90%
The hacker dumped FUN and other smaller tokens into markets too small to absorb large selling, leading to price crashes.