The Binance hack exposes crypto’s biggest communications problem Opinion The Binance hack exposes the cryptocurrency industry’s reliance on confusing security jargon and demonstrates that exchanges must adopt clear, transparent communication in plain English to rebuild investor trust, says Tim Focas Who would have thought that it would have taken billions to vanish in a matter minutes due to a cyber hack on the world’s [...]
Finance chiefs warn Treasury against delaying crypto strategy Crypto Nearly a dozen industry bodies have warned the Chancellor not to delay plans to develop a central strategy on the regulation and adoption of cryptocurrencies and digital assets ahead of a pivotal vote in parliament. Bosses from the likes of Innovate Finance, The City UK and Tech UK urged John Healey to recommit to publishing [...]
Binance resumes customer withdrawals after record $6.3bn hack Crypto Binance has allowed its customer to start withdrawing funds from the platform, as it begins to resume servies after a record $6.3bn hack. The cryptocurrency exchange was hit by the theft on Thursday, forcing it to suspend withdrawals as it raced to fix the platform and investigate how hackers breached the system. Binance began a [...]
Crypto giant Binance hit by ‘largest hack in history’ October 30, 2026 The world’s largest cryptocurrency platform has been hit by one of the most severe hacks in history, affecting several billion dollars of digital assets and forcing it to freeze customer accounts. Binance said on Thursday that some $6.3bn (£4.7bn) had been impacted by the attack, half of which has been frozen but still in its [...]
£250m lawsuit against crypto firm Binance grows with 1000 new investors September 30, 2026 A thousand new UK-based retail investors have been added to a group legal claim against crypto trading platform Binace and its founder, alleging they were sold high-risk, complex products that did not have regulatory authorisation from the financial watchdog. There are now approximately 2,700 claimants in the case in England and Wales, with the total [...]
City watchdog targets London crypto traders in latest clampdown September 18, 2026 The City watchdog has targeted three London premises suspected of illegal peer-to-peer crypto trading as it increases its scrutiny of digital assets. In a joint operation with HMRC and the Metropolitan Police, the Financial Conduct Authority (FCA) said on Thursday it had issued three cease-and-desist letters to individuals trading through UK businesses, ordering them to [...]
Donations row ‘reflects problem in Reform UK’, voters say September 9, 2026 The donations row that engulfed Reform UK last week “reflects a real problem” with the party, the majority of voters believe. Nearly two-thirds of people believe the allegations surrounding top Reform figures show there is a problem with the way the party is run and deals with its finances, City AM/Freshwater Strategy polling has revealed. [...]
‘They want business on board’: How Reform UK is wooing City chiefs at its conference September 1, 2026 Nigel Farage’s Reform UK is on a mission to win over businesses before the next election. Maurício Alencar and Ali Lyon report on how the party’s upcoming conference in Birmingham could determine its political future. By the time Britain’s executives descend on the Reform UK party conference this week, many will already be well-acquainted with [...]
Reform sidelines crypto industry at pivotal conference August 28, 2026 Reform UK is set to sideline crypto companies at its conference next week and cut the industry’s access to senior figures after backlash over Nigel Farage’s £5m gift from a bitcoin billionaire, City AM can reveal. Reform was an early champion of the digital currency and tokenisation industries, which have been a mainstay at previous [...]
FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss August 1, 2026 The financial watchdog’s clampdown on digital assets will remove bad actors and attract more customers, The UK boss of one of the world’s largest crypto platforms has said. Keith Grose, UK chief executive of Coinbase, said the rules outlined by the Financial Conduct Authority (FCA) earlier this month will “wipe out” firms who do not [...]