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Explainer-Binance’s $6.3 billion hack: How crypto insurance works
Oct 30 : Hackers stole $6.3 billion from Binance in the world’s biggest crypto heist, putting a spotlight on how cryptocurrency exchanges insure their digital assets against theft and cyberattacks.But insurance protection is far from uniform. Coverage depends on how assets are stored, how hackers gain access
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Global equity funds draw inflows for a sixth straight week
Oct 30 : Global equity funds saw substantial inflows in the week ended October 28, though at a slower pace, as a rebound in AI and chip stocks, led by South Korea’s SK Hynix after record quarterly profit, lifted demand for technology and Asian funds.Investors bought a net $10.19 billion in global equity fun
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FBI and US Secret Service working with Binance after $6.3 billion hack, source says
LONDON, Oct 30 : Binance is working with law enforcement around the world, including the Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS), after hackers stole a record $6.3 billion from the platform, a person familiar with the situation told Reuters.The US embassy in London s
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Gamble on democracy: Inside suspicious election-contracts trading on prediction markets
Prediction markets’ failure to call an LA primary correctly raised the possibility they can be manipulated to exaggerate the amount of support candidates have.
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Stocks making the biggest moves premarket: Intel, Amazon, Reddit, Chevron & more
These are the stocks posting the largest moves premarket.
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A cold winter risks another gas price shock in Europe as stocks dwindle to record lows
Gas prices topped 100 euros per MWh as EU storage hovers at record lows, raising the risk of sharper price swings in the event of a harsher winter.
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Russian strikes plunge Ukrainian city into blackout as Zelenskyy warns of more missile attacks
Russian strikes caused major power outages in Dnipro as a reported Ukrainian drone attack sparked a fire at a Russian oil refinery.
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One year after Brazil’s deadly favela raids: Did the anti-gang law make things better?
A tough stance against organized crime? One year after a massacre that left more than 130 people dead, a new law aims to crack down on drug cartels in Rio’s favelas.
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Many Turkish ‘guest workers’ hit by poverty in old age
West Germany and Turkey signed an agreement allowing the temporary recruitment of workers on October 30, 1961. Sixty-five years on, many so-called ‘guest workers’ can’t live from their pensions.
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