Cryptocurrency exchange says 90% of losses covered as FBI blames North Korean state-sponsored group TraderTraitor The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn (£4.7bn) hack. The exchange was hit by the theft on Thursday, which has since been described as the biggest heist in history, with experts identifying North Korea as the likely culprit. Continue reading...
A truce has cooled the trade conflict, but neither country has done anything to limit the outbreak of new hostilities Donald Trump ’s trade wars have largely fallen off the headlines. Fears of new tariffs flare up from time to time when the US president goes off the rails – for instance, threatening to end US trade with countries with which it has a deficit unless the Federal Reserve cuts interest rates. But the sense that the world’s two largest economies are plowing ahead into an overt economic conflagration has taken a back seat to other, more salient fears, about Trump ending American democracy, AI killing us all and stuff like that. The sense of calm is misleading. Under the radar, the world is marching toward an economic war of potentially epic proportions, one that, history suggests, could well spill over into the real thing. Continue reading...
British prime minister has now agreed to structured dialogue on reparatory justice but issue remains off formal Chogm agenda British officials reportedly insisted that discussions of reparations for slavery should not be on the agenda of the Commonwealth leaders’ summit in Antigua and Barbuda – and even warned that Andy Burnham would not attend the meeting if the subject was formally included, according to a leading Caribbean political figure. Ralph Gonsalves, a former prime minister of St Vincent and the Grenadines and a senior figure in the reparatory justice movement Repair Campaign, welcomed Britain’s decision to enter structured dialogue on reparations, but said the UK had come “kicking and screaming” to the conversation. Continue reading...
While the spotlight will be on the nearly 60,000 people running the course, they would not be there without the help of thousands of volunteers on the sidelines.