Hackers drained about $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in about 20 minutes on Thursday — the biggest crypto theft on record — with roughly half the stolen assets since frozen and US law enforcement now involved.
Hackers drained about $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in about 20 minutes on Thursday — the biggest crypto theft on record — with roughly half the stolen assets since frozen and US law enforcement now involved.
Bank of Japan Governor Kazuo Ueda has signalled a December interest-rate rise to 1.5% is all but decided, while warning that how far rates can go beyond that remains uncertain as Japan enters unfamiliar territory after decades of ultra-loose policy.
Germany’s far-right Alternative for Germany, founded in opposition to the euro, is softening its stance on leaving the single currency as it edges closer to national power — but the shift is far from settled inside the party.
South Africans vote in municipal elections on Wednesday, 4 November, with failing water and electricity supplies, high unemployment and crime topping the agenda in the country’s biggest cities.
Nigerian fintech OPay has called off its planned $304 million New York listing, a day after pricing its shares, citing a regulatory inquiry in an unnamed foreign jurisdiction.
Belgium’s federal government failed again early on Monday to agree next year’s budget, and Prime Minister Bart De Wever is expected to offer his government’s resignation to King Philippe later in the day, according to Belgian newspaper De Tijd.
The United States is backing a rapid resumption of Russian natural gas sales to Europe through pipelines crossing Ukraine, as part of talks aimed at securing an energy ceasefire before winter, the Wall Street Journal has reported.
The People’s Bank of China has formally moved its main policy rate to an overnight lending rate, injecting 541 billion yuan into the banking system in a step analysts say will ease funding conditions and support the economy.
Factory activity across Asia kept expanding in October but lost momentum in its biggest chip exporters, private surveys showed on Monday, with China’s private gauge still in growth even as its official survey pointed to contraction.
Asian shares slipped on Monday as doubts about the returns on vast artificial intelligence spending weighed on technology stocks, with investors now looking to earnings from Apple, AMD and Palantir for a verdict on the AI trade.
Japan’s Kioxia reported the best quarterly profit in its history, then watched its shares tumble as much as 15% in Tokyo after it forecast almost no growth for the current quarter, cooling some of the market’s hottest AI hardware bets.
