WAO ART

Singapore crypto exchange BingX has experienced a hot wallet exploit. Over $52 million has reportedly been stolen from the exchange. The hack was first identified by blockchain security firm PeckShield. The attack impacted several blockchains, highlighting vulnerabilities in hot wallet security.

Grayscale Investments has officially relaunched its XRP Trust. Grayscale announced the development via a tweet, highlighting the trust's availability for investors. Grayscale provided a link for investors to learn more about the XRP Trust and review essential disclosures.

Societe Generale's crypto unit, SG Forge, is launching the EUR CoinVertible stablecoin on the Solana blockchain. EURCV is a Euro-pegged stablecoin designed to be regulatory-compliant. The launch aims to provide users with faster and more efficient access to Solana's decentralized finance ecosystem.

A Texas court has dismissed the lawsuit filed by blockchain software company Consensys against the U.S. Securities and Exchange Commission. The case, initiated earlier this year, challenged the SEC’s alleged regulatory overreach and its attempts to classify Ethereum (ETH) as a security.

TotalEnergies is set to invest $9 billion in developing oil resources offshore Suriname. The company is actively searching for deepwater rigs and support vessels. Exploration in the Atlantic Basin is gaining momentum, particularly after significant discoveries in neighboring Guyana by ExxonMobil.

Beko Expands Its Operations with the Launch of an Industrial Park and Export Hub in Egypt. The factory has an annual production capacity of 1.5 million ovens and refrigerators. The new plant represents $110 million and is expected to create 2000 direct and indirect job opportunities.

Debenhams, owned by Boohoo Group, is set to launch international websites in Ireland and Australia. The new websites will go live before Christmas, featuring hundreds of local and international brands. This expansion will increase Debenhams' total number of brands to 10,000.