Business

Trust is the only currency that matters in software development, but hackers just spent it all on the Injective blockchain. A widely used software package was turned into a digital vacuum to suck out private keys and seed phrases. Security firm Socket discovered on Thursday…

SK Hynix, a South Korean chip maker, has raised $26.5bn in its New York share offering. The company sold 177.9 million American depositary shares for $149 each. SK Hynix is a key supplier to Nvidia, an AI chip giant. The shares are set to begin…

UK shoppers are being targeted by fake portable air conditioner adverts, claiming to cool rooms in 90 seconds, as the country braces for another hot weekend. These adverts, appearing on Facebook and YouTube, boast of being designed by former Nasa engineers, but the Advertising Standards…

A million more UK homeowners face higher monthly bills than previously predicted as conflict in Iran rattles global markets. The Bank of England now expects just over five million people to see their mortgage repayments climb by the end of 2028. This figure represents a…

Gamblers who spend more than £1,000 online in a 24-hour window will have to undergo a financial risk assessment, the industry regulator has announced. The Gambling Commission said this would also apply to anyone spending over £3,000 in a rolling 90-day period. Under-25s will have…

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