The Financial Times highlights a significant theft of $6 billion from Binance, attributed to North Korean hackers, marking it as a historic heist in the cryptocurrency sector. This incident raises concerns about security measures within major exchanges and the broader implications for the crypto market.
In other news, the Times reports on Chancellor John Healey's proposal to reduce costs associated with turning off wind turbines when the energy grid is overloaded. This move signals a potential shift in the UK government's energy policy, moving away from previous commitments to decarbonization by 2030 as it seeks to address rising power bills.