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<p>Binance, the world’s largest cryptocurrency exchange, said a security breach had resulted in an estimated $6.3 billion impact that analysts said could amount to the biggest crypto heist ever and might make investors rethink the risks of owning digital assets.</p> <p>Binance said it had worked with partners to freeze the affected assets, with about $3 bill
Binance, the world's largest cryptocurrency exchange, said it had frozen $3 billion in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle and Tether freezing related assets.
Oct 29 (Reuters) - Binance, the world's largest cryptocurrency exchange, said on Thursday it had frozen $3bn in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle CRCL.N and Tether freezing related assets.
For crypto faithful who'd been basking in a two-month-long price rebound, the incident is a potential setback.
Beyond the potential loss of assets, the security breach was likely to have wider ramifications for crypto, which had already been under pressure lately due to higher US interest rates and softer demand from exchange-traded fund buyers, analysts said.
The ASX trading higher, Binance freezes $3b in crypto assets on security breach. Follow live.
The Australian sharemarket has opened higher after a volatile night on overseas markets.
The House of Representatives has summoned the Navy, Police, Customs and others for an investigation into the management of seized and recovered assets. Read More: https://punchng.com/reps-summon-navy-police-others-over-recovered-assets/
KUALA LUMPUR, Oct 28 — The government has not set a target year to conclude all claims and asset recovery efforts...
Blackstone has committed more capital to the Gulf region in the past 12 months than at any point in its history, and it plans to invest more despite geopolitical headwinds, its chief executive has said. Despite the months-long war , the investment appeal of the Gulf remains intact, Steve Schwarzman, who is also chairman and co-founder of the world's largest
KUALA LUMPUR, Oct 27 — Federal police have found no evidence linking Malaysian Anti-Corruption Commission (MACC) o...
The attachment includes movable assets valued at ₹13.76 crore and immovable properties worth ₹9.18 crore, taking the total to ₹23.35 crore
KUALA LUMPUR, Oct 27 — A total of 25,592 officers and personnel of the Malaysian Fire and Rescue Depart...
The House of Representatives is considering a bill to establish a National Public Assets Management Commission to track, value, and manage all FG assets. Read More: https://punchng.com/reps-propose-commission-to-track-manage-fg-assets/
The net assets of investment funds in Egypt exceeded EGP 500bn in the third quarter (Q3) of 2026, rising by 7.16% from the previous quarter, as the number of fund units expanded by more than 19%, according to the Financial Regulatory Authority (FRA). The FRA, chaired by Islam Azzam, said in its quarterly report on […]
NMDC, which caters to India's one-fourth iron ore demand, has set a goal to earn at least 20% of revenues from sale of minerals other than the key steel making raw material
The House of Representatives is considering a bill to establish a National Public Assets Management Commission to oversee the sale of federal assets. Read More: https://punchng.com/reps-move-to-tighten-rules-on-sale-of-federal-assets/
Nigeria’s mutual fund industry assets grew to N9.89tn as of October 2026, with money market funds accounting for nearly 68% of the total, SEC data shows. Read More: https://punchng.com/money-market-funds-drive-mutual-fund-assets-to-n10tn/
The Financial Regulatory Authority (FRA), chaired by Islam Azzam, has issued its annual report on the performance of private insurance funds in 2025, highlighting the sector’s key financial and operational indicators and developments in contributions, assets, investments and insurance benefits paid to members. The report highlighted the role private insuranc
Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting of the bank’s Assets Committee to review assets transferred to the bank and discuss proposed partnership mechanisms to maximise their utilisation and strengthen its financial position. The meeting was attended by Dalia Mostafa,
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