EU seizes record €250m in Greek customs fraud probe
European authorities have intercepted more than 2,400 shipping containers at Greece’s port of Piraeus in the EU’s largest-ever container seizure, ...
Bitcoin and ether, the two largest cryptocurrencies by market capitalization, plunged to multi-month lows on Tuesday amid a broad market sell-off and heightened uncertainty following last week's hack that siphoned $1.5 billion in ether from the crypto exchange Bybit.
Bitcoin, which had been holding above the $90,000 threshold since mid-January, fell as much as 6% to $88,245 - its lowest level since November. Ether experienced an even steeper decline, shedding up to 11% at one point to reach $2,333, marking its lowest price since October.
Market analysts attribute the sharp downturn to a combination of general market volatility and lingering concerns over the recent security breach, which has rattled investor confidence in the crypto ecosystem. As traders continue to digest the implications of the massive hack, the sell-off has exacerbated downward pressure on prices across the board.
The incident at Bybit underscores the ongoing challenges in the cryptocurrency sector, where security issues remain a significant risk. With global regulators and industry stakeholders closely watching developments, the current market instability may prompt further scrutiny of cybersecurity practices within crypto exchanges.
Investors are now bracing for additional volatility in the coming days as the market reacts to both external economic pressures and internal challenges within the crypto industry.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
India's retail inflation (INCPIY=ECI) rose to 2.07% in August as food prices edged up, although it remained within the central bank's tolerance range for the tenth consecutive month.
Jaguar Land Rover (JLR) said Wednesday that it now believes “some data has been affected” after a cyberattack forced the company to shut down operations last Tuesday. Staff have been instructed to work from home since the incident.
Oracle co-founder Larry Ellison has overtaken Tesla Chief Elon Musk as the world’s richest person after a surge in the company’s stock lifted his net worth to $393 billion, according to the Bloomberg Billionaires Index.
China has launched its first review of its foreign trade law since 2004, signalling a potential shift in how the country manages international commerce amid rising global trade tensions.
The U.S. will lower tariffs on Japanese cars and auto parts by 16 September under a trade deal formalised by President Donald Trump, Japan’s chief negotiator said Tuesday.
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