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Big Tech and the digital economy

Binance Suffers $6.3 Billion Hack in 20-Minute Heist Linked to North Korean Group TraderTraitor

Cryptocurrency exchange Binance was hit by a massive breach on October 29, resulting in the theft of approximately $6.3 billion in digital assets within just 20 minutes. Multiple tracing firms attribute the attack to the North Korean hacking group TraderTraitor, noting that while about half the funds have been frozen, billions remain unrecoverable.

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Big Tech and the digital economy

Madrid's Plan 18,000: Families Who Paid Mortgages for Decades Still Do Not Own the Land Beneath Their Homes

Thousands of Madrid families face a critical deadline to purchase the land under their homes after decades of mortgage payments. Originating from a municipal program between 1984 and 1997, these residents own the buildings but not the soil, which remains city property for 75 years. With legal protections expiring and recent price hikes causing controversy, affected households must now choose between restricted low-cost options or market rates before the May 2027 deadline.

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