THE MOAT

The business of the world.

THE MOAT Daily with the world's top business stories. Subscribe

THE MOAT as it stood at 30 October 2026, 08:47 Brussels time · Archive · Today’s page

'Largest bank heist in history': Binance hack rocks crypto industry

Euronews /

Also: Bloomberg Estimated $6.3 Billion Hacked in Binance Security Breach, BBC Crypto giant Binance hit by $6.3bn hack suspected to be largest in history, The National Binance freezes deposits and withdrawals as it investigates cyber security incident, South China Morning Post Binance pledges to cover losses after US$6 billion crypto hack, The Japan Times Binance freezes more than $2.5 billion in assets amid suspected hack, The Guardian Polymarket temporarily suspends trading on international platform due to security incident, The New York Times Polymarket Is Investigating Suspicious Bets on Israeli Election · see all

In other languages: La Nación Binance investiga un posible hackeo tras la salida de miles de millones de dólares: “Problema de seguridad” (es), Le Temps Binance rapporte une cyberattaque massive et gèle plus de 2,5 milliards de dollars (fr), Neue Zürcher Zeitung Hacker lancieren bisher grössten Angriff auf Krypto-Börse Binance: Mehr als 6 Milliarden Dollar sind betroffen (de), Asahi Shimbun 仮想通貨「バイナンス」がハッキング被害 影響額63億ドルの推定も (ja), Dagens industri Kryptovaluta för 20 miljarder spärrat – cyberattack utreds (sv), Valor Econômico Binance suspende saques após suspeita de ataque hacker provocar onda de vendas de criptomoedas (pt), Rzeczpospolita 6,3 mld dolarów strat. Największa w historii kradzież kryptowalut (pl), Handelsblatt Digitalwährungen: Milliardenschwerer Hackerangriff auf Kryptobörse Binance (de), Het Financieele Dagblad Miljarden gestolen bij Binance na grootste cryptohack ooit (nl), Aftenposten Verdier for mer enn 6 milliarder dollar stjålet fra verdens største kryptobørs (no), Süddeutsche Zeitung Kryptowährung: Möglicher Sicherheitsvorfall bei Binance (de), NRC Bij een megahack van cryptobeurs Binance is zo’n zes miljard dollar gestolen (nl), Jornal de Negócios Binance suspende levantamentos e depósitos após suspeita de ataque informático (pt) · see all

  1. Bank of Japan declares victory in hitting price target, signals near-term hikes

    The Business Times /

    Also: Euronews Bank of Japan says inflation hit 2% target after 13 years, Financial Times Bank of Japan says 2% inflation goal reached after decades of deflation, Bloomberg Tokyo Inflation Exceeds BOJ’s 2% Target Before Rate Decision, The Japan Times Tokyo inflation exceeds BOJ’s 2% target before rate decision · see all

    In other languages: Asahi Shimbun 【更新中】日銀が物価「2%到達」 本日配信の全記事はこちらから (ja), Dagens industri Bank of Japan lämnar styrräntan oförändrad (sv)

  2. Alphabet Plunges by Record With AI Exposure Topping $1 Trillion

    Davey Alba / Bloomberg /

    Also: The Guardian Google owner Alphabet loses $500bn in market value after profit disappoints Wall Street, BBC Google value plunges by $500bn as AI fears rattle Wall Street, Semafor Alphabet loses $500 billion in market value, The Japan Times Google erases a record $500 billion as AI eats into sales, The Economist Google’s $500bn bloodbath reflects the danger it faces from AI, Financial Times Alphabet shares tumble in $500bn rout · see all

    In other languages: Handelsblatt US-Börsen: Massiver Kursrutsch von Alphabet: Google-Konzern verliert 500 Milliarden Dollar Börsenwert (de), Jornal de Negócios Alphabet apaga mais de 500 mil milhões de dólares após registar maior queda em bolsa de sempre (pt), Diario Financiero Las acciones de Alphabet se desploman post resultados y se traducen en una debacle de US$ 500 mil millones (es), Le Figaro Google frappé au cœur de son modèle publicitaire par l’intégration du « mode IA » à son moteur de recherche (fr), La Nación Google factura como nunca, pero en unas horas perdió US$500.000 millones en la Bolsa: la IA amplía y arruina su negocio (es) · see all

  3. Press statement by Eurogroup President Kyriakos Pierrakakis following the announcement of the President of the European Central Bank, Christine Lagarde, to step down on 7 February 2027

    Council of the EU /

    Also: Bloomberg ECB Officials Are Ready to Raise Interest Rates in December, MercoPress Christine Lagarde to step down early as European Central Bank president in February, Financial Times Lagarde’s early departure triggers race to solve three-way ECB puzzle, The Globe and Mail Lagarde quits ECB early to speak on issues outside monetary policy, Euronews ‘I cannot remain neutral’: Lagarde finally explains her early ECB exit · see all

    In other languages: Jornal de Negócios Lagarde sai para ter "liberdade de intervenção" e garante que não haverá decisões do BCE "no limbo" (pt), NRC Lagarde treedt vervroegd terug als ECB-president. Gaat ze een rol spelen in de Franse campagne? (nl)

  4. Big Tech’s $750 Billion AI Bet Collides With Slowing Core Growth

    Julia Love and Spencer Soper / Bloomberg /

    Also: The Business Times Big Tech’s US$750 billion AI bet collides with slowing growth in core businesses, Financial Times Global tech rout deepens as US earnings stoke AI spending fears

  5. ‘Elite North Korean hackers’ blamed for $6.3bn Binance hack – business live

    Graeme Wearden / The Guardian /

  6. PAG Agrees to Buy China Evergrande Unit for $514 Million

    Trista Xinyi Luo and Dong Cao / Bloomberg /

    Also: Financial Times Private equity firm swoops on China Evergrande unit in rare win for creditors, South China Morning Post Evergrande liquidators sell controlling stake in property services unit for US$513 million

  7. US-owned startup plans US$600 million Malaysia rare earth refinery

    The Business Times /

    Also: Bloomberg US-Owned Startup Plans $600 Million Malaysia Rare-Earth Refinery

  8. Amazon gives Wall Street mixed financial picture in earnings report

    The Guardian /

    Also: Bloomberg Amazon Shares Drop After Spending Soars, Online Business Slows

    In other languages: Handelsblatt KI-Boom: Amazon profitiert von Cloud-Geschäft (de), Valor Econômico Números da Amazon no 3º trimestre evidenciam necessidade de mais capital, dizem analistas (pt)

  9. Grey’s next bet is making African trade less dependent on the dollar

    Emmanuel Nwosu / TechCabal /

  10. Ukraine Pauses Strikes on Russian Refineries After Pressure From U.S.

    Alexander Ward / The Wall Street Journal /

    Also: Kyiv Post Ukraine Pauses Strikes on Russian Refineries Under US Pressure Ahead of Midterms – WSJ, Daily Maverick Ukraine pauses strikes on Russian refineries after pressure from Trump, WSJ reports

  11. Electrocutions, disease and no pay: how workers risk exploitation in Europe’s datacentres

    Mei-Ling McNamara / The Guardian /

    Also: Le Monde On Europe's data center construction sites, workers are exploited amid climate of 'terror'

  12. Two fears will decide the fate of Anthropic’s giant IPO

    Financial Times /

    Also: South China Morning Post As Anthropic eyes a mega-IPO, why are Chinese tech valuations so far behind?, Bloomberg ETF Issuers Line Up Anthropic Products, The Japan Times SpaceX’s largest, $3 billion-a-month ‘Customer B’ is Anthropic

    In other languages: Expansión Anthropic alerta: "Ni todo el sector asegurador" puede cubrir el riesgo de su IA (es)

  13. Some of Africa’s most profitable banks are running on thin capital

    Mathieu Galtier / The Africa Report /

  14. French Economy Shrinks as Debt Worries Mount

    Ed Frankl / The Wall Street Journal /

  15. Russian oil refinery reportedly attacked amid renewed Ukrainian strikes on energy infrastructure

    Tamara Nowakowsky / The Kyiv Independent /

  16. Inside the make-or-break AI mega-project behind Nscale’s $35bn IPO

    Financial Times /

  17. DoorDash to Buy Instacart for $17 Billion, Uniting 2 Delivery Giants

    Emmy Martin and Lauren McCarthy / The New York Times /

    Also: Financial Times DoorDash to acquire Instacart for $17bn, The Guardian DoorDash to buy Instacart for $17bn in major grocery delivery consolidation, Bloomberg DoorDash to Buy Rival Instacart in $17 Billion Deal

    In other languages: Brazil Journal DoorDash compra Instacart por US$ 17 bilhões (pt), Valor Econômico DoorDash compra rival Instacart por US$ 17 bilhões (pt)

  18. How One Country Became the Unlikely Crossroads of the Global A.I. Boom

    Adam Satariano / The New York Times /

  19. BP’s profits surge to record on back of high fuel prices

    Financial Times /

  20. 11 EU countries vow to release 42.6 million barrels of oil after G7 pledge

    Le Monde /

  21. Germany news: Merz in Asia warns against weaponizing trade, calls for 'rules based' order

    DW /

  22. Western Sahara: 5 questions on Washington’s strategy ahead of the UN vote

    Fadwa Islah / The Africa Report /

  23. Here's how much Trump's Iran war has added to Americans' fuel costs

    Ysabelle Kempe / Canary Media /

  24. Bots bouncers: the startups deciding what AI agents can do

    Sifted /

Earlier today

  1. Binance freezes assets after $6.3-billion heist, crypto industry’s biggest

    Mrinmay Dey and Vallari Srivastava / The Globe and Mail /

  2. Crypto exchange Binance freezes billions in funds amid potential $6.3bn security breach

    The Guardian /

  3. Canada to take equity stake in AI firm

    Brendan Ruberry / Semafor /

  4. In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

    Colby Smith / The New York Times /

  5. Intel Plunges After PC Slump and Supply Snags Hurt Outlook

    Ian King / Bloomberg /