Browsing Tag
Economy
3 posts
How hackers pulled off $6.3 billion Binance heist in just 20 minutes
Hackers stole approximately $6.3 billion from Binance in about 20 minutes by exploiting systems used to authorize crypto transactions. Here's how the attack unfolded, where the stolen funds went and what Binance is doing to cover customer losses.
UAE fintech Flow48 raises $69 million to expand revenue-based financing for SMEs
UAE-based Flow48 secures $69 million Series A funding round in a mix of debt and equity to redefine access to capital for SMEs across the MENA
Germany emerges as world’s third-largest economy as Japan slips into recession
Germany has solidified its position as the world's third-largest economy, surpassing Japan. This development comes as Japan abruptly slipped into a recession at the end of last year, losing its title.