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Binance employee

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Frontier AI & Machine Learning 31 Oct 2026, 08:00 AM IST

North Korean Hackers Blamed for Record $6.3 Billion Binance Theft

Hackers linked to North Korea are suspected of compromising a Binance employee’s laptop, a breach that investigators say helped enable the theft of up to $6.3 billion in cryptocurrency. The case underscores how a single endpoint intrusion can cascade into one of the largest digital asset losses on record, while exposing the persistent security risks facing global exchanges and the wider frontier technology sector.

By RDU Global Wire5 min read
Startups & Venture Capital30 Oct 2026, 08:00 PM IST

Binance Halts Withdrawals After Record $6.3 Billion Crypto Breach

Binance has suspended withdrawals after reporting a security breach that may have exposed an estimated $6.3 billion in digital assets, marking one of the largest incidents ever to hit a major crypto exchange. The episode is likely to intensify scrutiny of exchange security, liquidity management, and the broader resilience of the digital-asset market. The company has not yet disclosed the full technical pathway of the breach, but the scale alone raises urgent questions for users, regulators, and counterparties across the crypto ecosystem.

5 min readRead →
Banking, Fintech & Insurance30 Oct 2026, 08:00 PM IST

Punjab National Bank Customers in Greater Noida Allege Rs 35 Crore Fraud; Several Employees Suspended

Punjab National Bank customers in Greater Noida have alleged a fraud of about Rs 35 crore, prompting police action and an internal response from the lender. Authorities said several employees, including the branch manager, have been suspended and a case has been registered at Beta-2 police station, which has jurisdiction over the branch. The bank has assured officials that it will address customer complaints as the investigation proceeds.

5 min readRead →
Banking, Fintech & Insurance28 Oct 2026, 02:00 PM IST

IDBI-Fairfax Deal: Employees’ Service Conditions Fully Protected, Says DIPAM Secretary

The government has sought to reassure employees as the long-pending strategic transaction involving IDBI Bank moves ahead, with the Department of Investment and Public Asset Management saying service conditions will remain fully protected. The assurance is aimed at calming concerns over job security and continuity as the disinvestment process advances under close regulatory and policy scrutiny. The deal remains significant not only for banking-sector ownership reform but also for broader market confidence in India’s asset-sale programme.

5 min readRead →
Banking, Fintech & Insurance21 Oct 2026, 08:00 PM IST

DIPAM Says IDBI-Fairfax Deal Fully Protects Employees as Stake Sale Advances

The government has said that employees’ service conditions at IDBI Bank will remain fully protected as the long-running privatisation process moves ahead, easing one of the key concerns around the proposed sale. DIPAM Secretary Arunish Chawla said the transaction structure has been designed to safeguard staff interests while allowing the strategic disinvestment to proceed.

5 min readRead →
Startups & Venture Capital16 Oct 2026, 09:29 AM IST

Why Young Startup Employees Are Underinsured by Over Rs 1 Crore

Many young startup employees believe their employer-provided cover and a modest personal policy are enough, but the arithmetic often says otherwise. Rising liabilities, future income replacement needs, and inflation can leave a major protection gap that exceeds Rs 1 crore for early-career professionals.

6 min readRead →
Startups & Venture Capital15 Oct 2026, 10:32 PM IST

Why Young Startup Employees Are Underinsured by More Than Rs 1 Crore

Many young startup employees believe their employer-provided cover and a basic personal policy are enough, but the arithmetic often says otherwise. Once outstanding loans, family obligations, inflation, and future income replacement are added up, the shortfall in term insurance can exceed Rs 1 crore by a wide margin.

6 min readRead →
Frontier AI & Machine Learning15 Oct 2026, 02:39 PM IST

OpenAI Accuses Former Employee of Leaking Unreleased Device Plans in Apple Trade Secrets Fight

OpenAI has accused a former employee who later joined Apple of taking confidential files tied to an unreleased device, escalating a closely watched trade secrets dispute between two of the most influential names in artificial intelligence and consumer technology. The case adds fresh legal and strategic risk for both companies as competition intensifies around AI hardware, talent mobility, and proprietary product development.

6 min readRead →

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