Category: Business

  • Gamdom reports $3M loss as on-chain estimate reaches $4.2M

    Gamdom reports $3M loss as on-chain estimate reaches $4.2M

    We have fully ran all checks & are now preparing to bring Gamdom back up – this process will take a couple of hours

    Long story short, we noticed a breach attacking our hot wallet system & we took measures to stop the drain, in total we lost just over $3m to the breach and… https://t.co/FVfcVRpanu

    — Felix (@Romer) October 14, 2026

    $3 million disclosed, $4.2 million on-chain

    That figure is lower than the $4.208 million estimated by vxdb. According to the on-chain investigator, approximately $2.2 million was stolen across Ethereum, BSC, Polygon, Arbitrum and Optimism. The remaining losses included $668,000 in Bitcoin, $965,000 in Solana and $375,000 in TRON.

    Gamdom Hack: On-Chain Losses Hit $4.2M, Exceeding Platform’s $3M Estimate

    There is still no explanation for the discrepancy between the two figures. Arkham Intelligence monitors the wallets that are believed to belong to the attackers, but we were not able to obtain confirmation of individual transactions for this story. So far, as Gamdom has yet to come out with an official post-mortem, we cannot assess whether the discrepancy is due to discrepancy in asset valuations, number of transactions, or amount of recovered money.

    Echoes of the Duelbits hot-wallet hit

    Gamdom’s breach follows a similar attack on crypto gambling platform Duelbits in September 2026. As Cryptopolitan reported, the suspected private-key compromise resulted in estimated losses of $5.9 million to $7 million. CertiK placed the figure at approximately $6 million.
    The two incidents illustrate a shared vulnerability among crypto gambling sites. Hot wallets enable operators to quickly carry out withdrawals, but the same connectivity that provides ease of access to users also allows hackers to target these systems. Once they gain access to the credentials or systems that manage the wallets, hackers will be able to steal money without violating the blockchain secure platform.

    Where this sits in a record year for hacks

    The number of crypto hacks was at an all-time high in the first half of 2026, but the value looted was less than previous values. TRM Labs documented 207 incidents worth $972 million in losses in contrast to $2.3 billion in lost assets in 2025.

    From the findings, it is also seen that the greatest amount of money lost comes from attacks on operational systems rather than blockchain vulnerabilities.

    “Infrastructure and operational compromises accounted for approximately 76% of all funds stolen”

    — TRM Labs, H1 2026 analysis

    These compromises represented just 15% of incidents. Meanwhile, CertiK’s data shows third-quarter losses rising 56.2% to $1.28 billion, including $773.4 million in September.

    Until now, there has not been anything that proves that Gamdom’s breach has impacted the wider crypto market. According to Coinbase Research, there were some positive metrics for trading in September 2026 along with $2.6 billion in inflows into US Bitcoin ETFs. It is important to note that these numbers were published long before the attack and do not reflect the market’s response.

    The platform’s main challenge, however, is to restore clients’ confidence. Apart from compensating for the losses, Gamdom needs to show customers that it worked on improving the security of their wallets in order to prevent similar breaches in the future.

  • Man killed by tiger was diagnosed schizophrenic as family ‘raised concerns’ before tragic incident

    Man killed by tiger was diagnosed schizophrenic as family ‘raised concerns’ before tragic incident

    Warning: This article contains discussion of mental health which some readers may find distressing.

    The family of a man who was mauled to death by a tiger at the Yorkshire Wildlife Park had expressed concerns about his contact with mental health services leading up to his death, an inquest has heard.

    The victim, William Chapman, had been attacked by the animal at the wildlife park in Doncaster, on Saturday.

    His family said he had suffered from ‘significant mental illness over a number of years’ and was ‘prescribed strong medication’.

    William Chapman died in the incident (Instagram)

    William Chapman died in the incident (Instagram)

    The coroners hearing was told that William’s family had confirmed he had ‘a history of mental illness, a diagnosis of schizophrenia and had suffered previous bouts of psychosis’.

    In a statement released on Tuesday evening, his family had said: “It will be for the coroner to decide what part this played in his death.”

    The former child actor had recorded himself approaching the big cat before the incident occurred in front of park attendees.

    A hearing held at Doncaster Coroner’s Court on Thursday morning heard how William climbed two fences before entering the enclosure.

    A post mortem gave his provisional cause of death as multiple traumatic injuries from animal interaction.

    Floral tributes were left at the park (Dave Higgens/PA Wire)

    Floral tributes were left at the park (Dave Higgens/PA Wire)

    He was under adult mental health services in Doncaster but was ‘highly functioning and independent with no care requirements,’ the inquest heard.

    Coroners officer Caitlin Brookes said the Rotherham, Doncaster and South Humber NHS Foundation trust had launched an investigation following his death.

    His family previously issued a tribute in which they described the 24-year-old, who was a self-employed online trader, as ‘a bright, warm and engaging young man whom his family dearly loved – and William loved them back.’

    Emergency services were contacted shortly after 1.30pm on 10 October when Mr Chapman, who police said was visiting the park alone, entered the enclosure.

    He was pronounced dead at the scene.

    City of Doncaster Council, which is responsible for licensing the park, has since confirmed it has started a health and safety investigation.

    William Chapman had concerns raised about his mental health (Family Handout)

    William Chapman had concerns raised about his mental health (Family Handout)

    In a previous statement on social media, the wildlife park said ‘many, many people’ had contacted them about Altai, the Amur tiger involved in the incident, and it confirmed he is ‘safe and well’ and will not be euthanised.

    A full inquest into the death of Mr Chapman will be held on 18 March.

    If you’re experiencing distressing thoughts and feelings, the Campaign Against Living Miserably (CALM) is there to support you. They’re open from 5pm–midnight, 365 days a year. Their national number is 0800 58 58 58 and they also have a webchat service if you’re not comfortable talking on the phone.

  • NHS guidance for ‘American Covid’ as widespread respiratory illness breaks out in UK

    NHS guidance for ‘American Covid’ as widespread respiratory illness breaks out in UK

    The NHS has issued guidance on how people can protect themselves from American Covid as cases of the virus are on the rise.

    Figures from the UK Health Security Agency have shown that there were 4,589 reported cases in September, a significant increase of 230 percent from the 1,374 reported cases in August.

    This big increase was also reflected in a rise in the number of hospital admissions for Covid, which rose by 420 percent over the same period, from 950 to 4,939, with over half of the positive cases being linked to the XFG variant.

    In a blog post the UKHSA has also issued a warning about the condition, advising people who show symptoms of it to stay away from people who are immunocompromised and to self-isolate.

    “If you have symptoms of a respiratory infection, such as Covid-19, and you have a high temperature or do not feel well enough to go to work or carry out normal activities, you should avoid contact with vulnerable people and stay at home if possible,” said the UKHSA.

    Cases are on the rise as the days are getting colder (Getty Stock)

    Cases are on the rise as the days are getting colder (Getty Stock)

    The name ‘American Covid’ refers to the XFG Covid variants, with the UKHSA explaining that the condition was named for the place where it was first detected and then sequenced, not necessarily where it originated.

    There are also concerns that the actual figures of infections are higher as these do not account for people experiencing milder symptoms, who can also spread the virus to people who may be vulnerable to having more serious symptoms.

    Nonetheless, while there is a spike in cases as we move into the colder months of the year, the UKHSA said that cases are still far below their highest point back in January 2021.

    At this time there were over 20,000 people in hospital, according to the UKHSA.

    The NHS has advised that people who believe that they have covid should self-isolate for three to five days, avoiding contact with other people, while for people under 18 this is three days.

    If someone has a positive covid test then they should avoid contact with people who are immunocompromised for a period of at least 10 days.

    People have been advised to avoid contact with immunocompromised people if they test positive (Getty Stock)

    People have been advised to avoid contact with immunocompromised people if they test positive (Getty Stock)

    The current rise in cases has come as health bosses in the UK have advised people to start getting both flu and Covid as we start to move into winter, when we typically start to see a rise in cases each year.

    Symptoms of the condition have also been shared in an effort to help people spot if they may have picked it up.

    If you have the XFG strain of covid then you may find that you feel excessively tired or exhausted, because the condition impacts your upper airway.

    Other symptoms can include hoarseness, a fever, a cough, and a sore throat, which are also symptoms which match the Omicron variant of Covid.

    Most of the time if you show symptoms you do not need to take a lateral flow test, the NHS has said, though it has warned about avoiding contact with people who are immunocompromised, such as the elderly, small children, and people with a disability or medical condition which makes them vulnerable to respiratory conditions.

  • Major update in case of man sentenced to death over deleted Facebook post

    Major update in case of man sentenced to death over deleted Facebook post

    Saudi Arabia’s Supreme Court has decided to overturn the death sentence given to a migrant worker over a now-deleted comment on Facebook.

    Anojan Sivarasa, from Sri Lanka, was convicted of blasphemy against Islam over his response to a video of a young Muslim man kicking a dog following Hindu pilgrims.

    On 28 June, the 24-year-old replied with a comment in Tamil to another user who wrote a derogatory comment about a Hindu deity by insulting Prophet Muhammad.

    “The comment quickly gained attention, and a screenshot was apparently sent to Saudi authorities and Sivarasa’s employer,” the Human Rights Watch (HRW) reported.

    “Sivarasa deleted the comment and uploaded an apology video to his Facebook account. Sivarasa’s employer held him in its office for at least 24 hours and then took him to the Dammam police station, where he was arrested on 1 July, a family member said.”

    The Al-Ahsa Public Prosecution charged Sivarasa with ‘verbally insulting and offending our Prophet Muhammad’ and ‘producing and disseminating, through the information network, material prejudicial to religious values and public morals, by publishing a comment on a social media program containing words contrary to religious values and public morals,’ according to court documents seen by HRW.

    Last month, the sole breadwinner told his loved ones that he had been sentenced to death, with one family member saying: “We never expected this situation.

    “The family is shocked and they still are recovering from that state of shock.”

    Death sentence overturned

    Saudi Arabia's Supreme Court has overturned Anojan Sivarasa's death sentence (Human Rights Watch)

    Saudi Arabia’s Supreme Court has overturned Anojan Sivarasa’s death sentence (Human Rights Watch)

    Faizer Mustafa, who is involved in legal negotiations with Saudi Arabia regarding Sivarasa’s case, told BBC Sinhala that Saudi Arabia had overturned the death sentence and were reviewing the Supreme Court’s latest ruling.

    “Saudi authorities should end their use of abusive laws to hand out extraordinary sentences for speech-related offenses, especially against migrant workers who are already in a vulnerable position with limited protections,” HRW senior Saudi Arabia researcher Joey Shea said.

    “Sentencing a migrant worker to death over a Facebook comment that he has publicly apologized for is an outrageous overreaction from Saudi authorities amid a surge in executions.

    “No one should face execution for a comment on religion.”

    How many people have been executed in Saudi Arabia this year?

    People accused of blasphemy in Saudi Arabia who faced the death penalty (LADbible/ITV/Supplied)

    People accused of blasphemy in Saudi Arabia who faced the death penalty (LADbible/ITV/Supplied)

    According to Amnesty International, nearly 100 people have been executed in Saudi Arabia this year, as of 18 June 2026.

    “Foreign nationals have borne the brunt of Saudi Arabia’s ruthless use of the death penalty for drug-related offences, frequently after grossly unfair trials. It is profoundly alarming that at least 63 Ethiopian nationals, held in a single ward of Khamis Mushait detention facility in south-west Saudi Arabia, may be at imminent risk of execution solely for drug-related offences,” said Dana Ahmed, Middle East Researcher at Amnesty International.

    “Concerns for their safety have heightened after seven Ethiopians were executed earlier this year – all for ‘smuggling hashish’.

    “Saudi Arabia’s execution spree reflects a dangerous global trend in which punitive drug policies are increasingly driving the use of the death penalty. The international community must speak out unequivocally against these unlawful executions, and Saudi Arabia must immediately establish a moratorium on the use of this cruel and irreversible punishment as a first critical step towards abolition.”

    Amnesty International recorded at least 356 executions in 2025 alone.

  • ‘It Can Take Years’: Coinbase Presses for Bitcoin Quantum Migration to Start Now

    ‘It Can Take Years’: Coinbase Presses for Bitcoin Quantum Migration to Start Now

    In brief

    • Coinbase, which says it custodies roughly 5% of all Bitcoin, urged developers to start preparing for the quantum threat now, warning that consensus changes and migration “can take years.”
    • It laid out technical requirements—backing a flexible “container” design like BIP-360, a staged “1-of-2” classical-plus-quantum spending path, and compatibility with the MPC key-splitting custodians rely on.
    • The exchange said dormant, lost, and Satoshi-era coins are a separate governance problem.

    Coinbase is pressing Bitcoin’s developers to begin preparing for the quantum-computing threat before it’s too late, laying out a detailed technical wish list for how the network should harden itself and arguing the work can’t wait for certainty that a threat has arrived.

    In a blog post published Tuesday, the exchange, which says it custodies roughly 5% of all Bitcoin in existence, framed the shift to quantum-resistant cryptography as a complex, multi-year undertaking that needs to start now.

    Myriad: How low will Bitcoin go? Click to make your prediction.
    Myriad: How low will Bitcoin go? Click to make your prediction.

    “Bitcoin consensus changes and ecosystem migrations can take years,” the company wrote, warning that waiting for the announcement of a cryptographically relevant quantum computer, the kind capable of breaking Bitcoin’s signatures, would leave too little time to respond.

    The concern centers on how Bitcoin secures wallets. A sufficiently powerful quantum machine could, in theory, derive a private key from an exposed public key and drain the funds, a hypothetical milestone the industry calls “Q-Day.”

    Coinbase stressed that a fix involves far more than picking a new signature scheme: any transition would need to protect both existing and newly created coins, fit Bitcoin’s limited block space, keep working for ordinary wallets and institutional custody alike, and offer a migration path for coins that never move.

    BitcoinBTC · USD

    $81,273−1.77%

    Oct 8Oct 10Oct 11Oct 13Oct 15

    $84.2k$83.0k$81.8k$80.6k

    24h HighHigh$83,791

    24h LowLow$80,444

    VolVol$1.9B

    Market projectionsOdds by Myriad

    →

    The post reads less like a mandate than a set of requirements from one of the network’s largest stakeholders. Coinbase backed a flexible “container” design, pointing to proposals such as BIP-360, that would let new post-quantum signature systems be swapped in over time without a full redesign.

    It also floated a staged “1-of-2” construction, letting the same funds be spent with either a classical key or a quantum-safe one during the transition. The company emphasized that whatever scheme Bitcoin adopts should be compatible with multi-party computation, the key-splitting technique custodians like Coinbase rely on to guard against theft.

    Thornier still is the question of dormant, lost, or exposed coins, including Satoshi-era holdings, which Coinbase said should be treated as a separate governance problem. It cautioned that any rescue mechanism must itself be quantum-safe, so an attacker who only knows an exposed public key couldn’t exploit it.

    The push builds on Coinbase’s steady drumbeat of quantum warnings.

    The exchange convened a quantum advisory board in January o study the risks and develop precisely the sort of guidance it offered this week. The company also joined a Bitcoin Security Consortium in July alongside BlackRock and Strategy, pledging a combined $15 million toward quantum-proofing Bitcoin.

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  • Sharp Crash in Bitcoin Mining Stocks: Four Major Companies Drop More Than 12% in a Single Day

    Sharp Crash in Bitcoin Mining Stocks: Four Major Companies Drop More Than 12% in a Single Day

    At the heart of the sell-off are the higher-than-expected US inflation figures. Concerns that persistent inflation could push the Federal Reserve to keep interest rates high for longer or consider another rate hike have accelerated the exit from companies priced with high growth expectations.

    The S&P 500 fell 1.1%, its sharpest daily loss since July 29. The technology-heavy Nasdaq Composite declined 1.9%. AI data center operator CoreWeave dropped 16%, Nebius 11%, and Oracle 9%.

    Many Bitcoin mining companies have recently begun leasing their energy infrastructure to AI and high-performance computing clients. While this transformation creates new revenue streams, it also makes companies more vulnerable to valuation fluctuations in the technology and AI sectors.

    Daily declines alone do not determine the long-term performance of companies. However, investors are now paying more attention not only to large AI contracts but also to the financing costs, delivery schedules, and profitability of these projects.

    *This is not investment advice.

  • BlackRock’s Crypto Assets Increased by 63% in Three Months: Added $7.9 Billion to its Vault

    BlackRock’s Crypto Assets Increased by 63% in Three Months: Added $7.9 Billion to its Vault

    Investors poured a net $7.9 billion into BlackRock’s digital asset products during the same period. This inflow more than offset the approximately $2.2 billion outflow recorded in the first six months of 2026. The data shows that institutional investor demand strengthened again in the third quarter after market pressure in the first half of the year.

    Despite this, BlackRock’s crypto assets remain below last year’s levels. A year ago, the company managed approximately $104 billion in digital assets. The current figure is 23% lower than that. While there has been a net inflow of $6.3 billion into assets over the past 12 months, price declines have wiped out approximately $30.6 billion from the total value.

    BlackRock generated $39 million in fees and securities lending income from its digital asset products, including the iShares Bitcoin Trust, in the third quarter. The company did not separately disclose asset and cash flow figures for its Bitcoin fund in its balance sheet. Therefore, the exact breakdown of the $79.6 billion total across the products is unknown.

    *This is not investment advice.

  • Pregnant mum, 35, found dead in burning van ‘was alive when fire started’

    Pregnant mum, 35, found dead in burning van ‘was alive when fire started’

    A man has been charged with murder after a pregnant woman was found dead inside a burning van in Wales earlier this month.

    The body of Samantha Natalie Phythian, known as Sammi, was discovered in the van on Gas Works Lane in Prestatyn on 4 October.

    At an inquest into her death this week, John Gittins, senior coroner for North Wales East and Central, said the 35-year-old was pronounced dead at 11.30pm and was identified through her DNA, WalesOnline reports.

    Home Office consultant pathologist Dr Brian Rodgers said Sammi’s provisional cause of death is ‘inhalation of smoke and fire gases’.

    Thomas Matthew Hammond Bell, 38, has been charged with murder. He is set to enter a formal plea on 27 November, with a provisional trial date scheduled for April next year.

    North Wales police confirmed that a second man, 47, has been arrested.

    Sammi was found dead on 4 October (Facebook)

    Sammi was found dead on 4 October (Facebook)

    Detective Chief Inspector Zoie Dunkerley stated: “Our investigations into this incident are moving at pace, and we are currently exploring every avenue of information open to us.

    “I would like to thank those members of the community who have already contacted us, and ask that anyone else who has any information, however small to contact us via our live webchat or on 101 quoting reference number 26000816112.”

    Dunkerley added: “My thoughts are with Sammi’s family and friends. I would also urge the community to be careful of commenting anything which would add to the family’s distress or interfere with the ongoing active legal proceedings.”

    In a tribute, Sammi’s family described her as a ‘much-loved mum, daughter, sister, auntie and friend’.

    Sammi's family have since paid tribute (North Wales Police)

    Sammi’s family have since paid tribute (North Wales Police)

    The family said: “Samantha, who everyone knows as Sammi, will be remembered for the special place she held in the hearts of everyone who knew and loved her.

    “Her tragic and untimely death has left her family and friends devastated, struggling to come to terms with the loss of someone who meant so much to so many.

    “No family should ever have to endure the pain of losing a loved one in such circumstances.

    “While her life has been cruelly cut short, the memories she created, the love she gave and the lives she touched will never be forgotten.

    “She will forever be cherished by those who loved her, and she will be deeply missed.

    “As a family, we would like to ask people to be mindful and respectful of rumours circulating over social media platforms at this devastating time.”

  • OpenAI London employees get an average of £2.3m per person each year, accounts show

    OpenAI London employees get an average of £2.3m per person each year, accounts show

    Records have revealed the eyewatering salaries that OpenAI’s UK staff are paid and I promise you, it’s going to have you rushing off to polish up your CV.

    It’s no secret that AI is big business these days, with Anthropic, the company behind Claude, valued at a whopping $965 billion back in May (£728bn), and OpenAI seeking a $1.4 trillion (around £1tn) valuation just last month.

    With such massive numbers, it probably comes as little surprise that the team working at such companies are impressively compensated.

    And now accounts have been revealed that show just how generously staff are paid.

    Last year’s acounts for OpenAI UK Ltd, which is based in Westminster, showed that there were 110 staff members who split £87m in salaries and £168m in shares in the company.

    Doing a quick bit of maths, that means the average salary was £2,318,181 last year.

    See? I told you, you’d want to go and sort your CV out.

    OpenAI offers very generous salaries (Heather Diehl/Getty Images)

    OpenAI offers very generous salaries (Heather Diehl/Getty Images)

    For a bit of context, the Office of National Statistics found that the median annual earnings for full-time employees in the UK was £39,039.

    So using this average salary, you’d need to work 58 years to match the average salary of a UK-based OpenAI worker.

    However, according to the Guardian, there’s reportedly a large discrepancy between the AI company’s lowest and highest earners.

    The largest pay packets are dished out to researchers who help to build OpenAI’s models, including Astra.

    It’s also important to note that the figures are from 2025 when there was a bit of a talent war amongst AI companies to land themselves the best and brightest staff.

    Other companies in the space, such as Meta, were reportedly offering multi-year salary packages that amounted to hundreds of millions of dollars.

    When approached by the Guardian, OpenAI declined to comment on its salaries.

    Meanwhile, last month, it was revealed that OpenAI was offering up very generous compensation packages as it builds out its robotics efforts.

    The company had more than two dozen robotics jobs listed on its careers page in September, across various areas, including software, hardware and data collection.

    It isn’t the only tech giant spending big on hiring talent ( Samuel Boivin/NurPhoto via Getty Images)

    It isn’t the only tech giant spending big on hiring talent ( Samuel Boivin/NurPhoto via Getty Images)

    And these new roles came with some top-notch salaries, with publicly available information showing that the base wages ran from a way-above-average $177,000 (£133,600) to a frankly-staggering $500,000 (£377,400) a year, before equity.

    The roles on offer included a lab tech tasked with helping to ‘develop, build, test, and iterate on robotic systems’ and actuator design engineers who are responsible for building the various parts of bots that help them move.

    The highest-paid listing, as reported by Business Insider, was for a role for a ‘machine learning engineer’ who would be working on distributed data systems, infrastructure for processing, and moving huge amounts of robotics training data across computers.

    Now, while that might all sound like an awful lot to get your head around, it does come with a salary of a half a million dollars per year.

    Anyone else wishing they’d paid more attention in their IT classes?