North Korea rebuts Binance hack allegations amid missile launch
North Korea has publicly rejected allegations that it was behind a reported $6 billion theft from the cryptocurrency platform Binance, while also carrying out a test launch of strategic cruise missiles. The denial came from Kim Yo Jong, the sister of leader Kim Jong Un, who described the FBI's claim as a grave political provocation. The missile test was reported separately as part of a new display of the country's weapons capabilities.The FBI said on Saturday that a North Korea-affiliated hacking group called TraderTraitor was responsible for the Binance theft. Kim Yo Jong dismissed the allegation as absurd rhetoric and... [Continue Reading]
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US urges Venezuela to continue phased democratic transition plan after Rubio-Blanco meeting
The United States has urged Venezuela to continue a phased plan covering economic recovery, political reconciliation and a democratic transition, following talks in Washington between Secretary of State Marco Rubio and Venezuelan Foreign Minister Oliver Blanco. The meeting took place on Monday and focused on Venezuela's political future. Neither Rubio nor Blanco spoke publicly after the talks.According to a State Department readout, Washington reaffirmed President Donald Trump's three-phase plan for Venezuela: stabilization, economic recovery and political reconciliation, and democratic transition. The readout said the approach is intended to move the country toward democratic elections. The discussion came as the US... [Continue Reading]
Uganda begins phased troop withdrawal from Somalia amid handover to Somali forces
Uganda has begun withdrawing troops from Somalia after nearly two decades of military involvement, with the first contingent already back home and more departures expected in the coming days. The phased exit is due to continue until the end of 2027, according to Uganda's acting army spokesperson, Chris Magezi. The move affects Uganda's long-running role in Somalia's security effort, where it has been a major troop contributor since 2007.Magezi said the first group of troops deployed through a bilateral arrangement had already returned to Uganda, while other forces would follow. He said all forces, including those under the African Union... [Continue Reading]
Binance users withdraw $3.6bn after record crypto hack as services resume in phases
Binance said it processed $4.649 billion in withdrawals and $1.01 billion in deposits between 06:00 and 15:30 GMT on 1 November, leaving a net outflow of about $3.64 billion after the exchange reopened. The company said the initial spike in withdrawals later eased and that flows were stabilising as expected. It added that withdrawals of more than two dozen major cryptocurrencies, including Bitcoin and Ethereum, had resumed.The exchange said the hack affected $6.3 billion worth of digital assets and that it had covered around 95% of the stolen funds, with the remainder likely to take longer to source. Binance said... [Continue Reading]
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