How an unpopular president and an unpopular war provided an opening for Democrats to make sweeping gains in the midterms.

© Doug Mills/The New York Times

Report reveals financial support promised by rich nations for adaptation measures is well behind the pace that is needed

Flows of money to help poor countries cope with the climate crisis have been flat or falling since 2022, despite growing impacts from extreme weather and warnings from scientists that global heating may be accelerating.

A new UN report has revealed that financial support for adaptation – which includes measures such as stronger infrastructure, early warning systems, flood protection and drought-resilient irrigation – is woefully short of what is needed and far behind even the inadequate promises that rich countries signed up to in 2021 in recognition of their far greater responsibility for the crisis.

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© Photograph: Salahuddin Ahmed/AFP/Getty Images

© Photograph: Salahuddin Ahmed/AFP/Getty Images

© Photograph: Salahuddin Ahmed/AFP/Getty Images

Firm reveals details about how its cryptocurrency exchange was compromised, saying operation began in June

The hackers behind the $6.3bn (£4.7bn) Binance heist used bogus job interviews, malicious software and an internal AI tool, the company has revealed.

The world’s largest cryptocurrency exchange was compromised in an operation that began with an inadvertent download of malware in June, led to a recruitment scam in September and then a raid last week of “hot wallets” where billions of dollars worth of crypto-assets were taken.

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© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

Kim Jong-uns Elitetruppe Lazarus erleichtert die Kryptobörse Binance um mehr als sechs Milliarden Dollar. Über Hacker aus einem isolierten Land mit großen Ambitionen.

Never before has a single ultrawealthy person who was not running for office spent this much during a single election cycle.

© Haiyun Jiang for The New York Times

We’re one day away from the midterms. Here’s the state of play.

From feeding schoolchildren to recycling tyres, these entrepreneurs are challenging stereotypes while solving social and environmental problems

Africa is thought to have a higher proportion of female entrepreneurs than any other continent and yet many still struggle to access financing. Four business leaders from Nigeria, Uganda, Kenya and Malawi tell us about the inspiration behind their success – and the challenges women still face.

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© Illustration: Edwin Ndeke/ Valentine Benjamin/Stefanie Glinski

© Illustration: Edwin Ndeke/ Valentine Benjamin/Stefanie Glinski

© Illustration: Edwin Ndeke/ Valentine Benjamin/Stefanie Glinski

Cryptocurrency exchange has begun to allow withdrawals after theft believed to have come from North Korea

Investors have pulled $3.6bn (£2.7bn) in funds from the cryptocurrency exchange Binance as it recovers from a record hack in which billions were stolen from customer accounts.

The platform was hit by a $6.3bn theft on Thursday, which has since been described as the biggest heist in history. Experts identified North Korea as the probable culprit.

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© Photograph: Romain Doucelin/NurPhoto/Shutterstock

© Photograph: Romain Doucelin/NurPhoto/Shutterstock

© Photograph: Romain Doucelin/NurPhoto/Shutterstock

Cryptocurrency exchange says 90% of losses covered as FBI blames North Korean state-sponsored group TraderTraitor

The cryptocurrency exchange Binance has started to allow its customers to withdraw their funds from the platform, as it recovers from a record $6.3bn (£4.7bn) hack.

The exchange was hit by the theft on Thursday, which has since been described as the biggest heist in history, with experts identifying North Korea as the likely culprit.

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© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

The incident at Binance could be the biggest theft of any kind in history. We answer some key questions

• North Korean group blamed for $6.3bn crypto heist

• Tell us: have you been affected?

The world’s largest cryptocurrency exchange has been hit by a $6.3bn heist that, according to experts, is likely to be the work of North Korea.

This is not the first time a crypto market has been targeted by hackers, and the rogue state has a track record of this type of theft. Here we answer some key questions about what’s happened:

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© Photograph: Beata Zawrzel/NurPhoto/Rex

© Photograph: Beata Zawrzel/NurPhoto/Rex

© Photograph: Beata Zawrzel/NurPhoto/Rex

We’d like to hear from people who’ve been directly affected by the hack or now have concerns about crypto security

The world’s largest cryptocurrency exchange has been hit by an industry-record $6.3bn (£4.7bn) hack.

Binance has scrambled to freeze the affected assets, with about $3bn located so far. Co-founder Yi He said the company would cover “all hacking losses”. Analysts have attributed the attack to North Korean state backed hackers.

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© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

Binance exchange says it will cover customer losses as it scrambles to freeze affected assets, with about $3bn located so far

• Q&A: How big a deal is the $6.3bn crypto heist?

• Tell us: have you been affected by the Binance hack?

The world’s largest cryptocurrency exchange has been hit by a record $6.3bn (£4.7bn) hack described as the biggest heist in history, with experts identifying North Korea as the likely culprit.

Binance said it would cover all customer losses as it froze $3bn of the affected assets.

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© Photograph: Darrin Zammit Lupi/Reuters

© Photograph: Darrin Zammit Lupi/Reuters

© Photograph: Darrin Zammit Lupi/Reuters

More than 140 statewide ballot measures will go before voters during the midterms. Here are the races we’re watching.

© John Tully for The New York Times

Thinktank says chancellor has given himself a mountain to climb after ducking big decisions in low-key speech

John Healey has paved the way for a “brutal” spending review next year after his budget failed to cover a £28bn shortfall in the public finances needed to avoid a return to austerity, according to Britain’s leading tax and spending experts.

A day after his address to the Commons, the Institute for Fiscal Studies (IFS) said the chancellor had left himself a mountain to climb by ducking several big decisions in his debut tax and spending statement.

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© Photograph: WPA/Getty Images

© Photograph: WPA/Getty Images

© Photograph: WPA/Getty Images

A “bad actor” tried to breach the system, according to a Federal Election Commission email, disrupting political finance disclosures for two days during the final week of campaigning.

© Nicole Craine for The New York Times

As soon as the midterms are over, presidential contenders are going to need to raise millions, quickly.

© Joseph Prezioso/Agence France-Presse — Getty Images

As political fights over artificial intelligence accelerate, there is now a super PAC aligned with the data center industry. Its first bet is on Ms. Graham, a Republican in an unexpectedly tight race.

© Sean Rayford/Getty Images

It’s Oct. 26 — eight days from the midterms. Here’s the state of play.

Fueled by tens of millions from Elon Musk, President Trump’s super PAC, Michael Bloomberg and other big donors, both parties are pumping enormous amounts into the final days of the midterms.

© Callaghan O'Hare for The New York Times

Regulators say removing ‘unnecessary burdens’ will save businesses about £2bn over 10 years

The UK is watering down rules introduced in the aftermath of the financial crisis that were designed to hold City bosses accountable for wrongdoing.

The plans, put forward by the financial industry’s two top regulators, the Bank of England and the Financial Conduct Authority (FCA), include a reduction in reporting for “lower-level misconduct” and would also free 140,000 managers from extra checks.

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© Photograph: Gary Yeowell/Getty Images

© Photograph: Gary Yeowell/Getty Images

© Photograph: Gary Yeowell/Getty Images