Cryptocurrency exchange Binance saw its users withdraw approximately £3.1 billion in a single day after a cyber-attack compromised digital assets valued at £5.2 billion. The incident, attributed to a hack on a blockchain bridge, prompted a temporary freeze on transactions as Binance initiated an upgrade to its security infrastructure.
A comprehensive review has been launched into the methodology for calculating business rates across the hospitality sector in England and Wales, potentially leading to significant reforms.
Economists note continued concerns regarding the US government's borrowing levels, following a brief period of eased rates. The national debt has now surpassed $40 trillion.
Royal Mail has again failed to meet its statutory delivery targets, missing regulator Ofcom's benchmarks for the second quarter running. The company, however, stated that performance had improved, citing 'encouraging signs' despite the continued underachievement.
