Hackers believed to be operating on behalf of the North Korean regime have successfully laundered at least $300 million (£232 million) of their record-breaking $1.5 billion cryptocurrency heist, rendering the funds virtually unrecoverable. The cybercriminals, identified as the Lazarus Group, stole the massive haul of digital tokens in a sophisticated hack targeting the cryptocurrency exchange ByBit two weeks ago.
In a significant development, Hong Kong-based conglomerate CK Hutchison Holdings has agreed to sell the majority of its stake in two key ports located at the entrances of the Panama Canal to a consortium led by US investment firm BlackRock. The deal, valued at $22.8 billion (£17.8 billion), includes a total of 43 ports across 23 countries, with the Panama Canal terminals being a central part of the transaction.
Ukraine has agreed the terms of a major minerals deal with the US
Media reports say Washington has dropped initial demands for a right to $500bn (£395bn) in potential revenue from utilising the natural resources but has not given firm security guarantees to war-torn Ukraine - a key Ukrainian demand.
The Presidential Press Unit wishes to inform the public that, in the exercise of the powers vested in the President by Article 161(2) and (3)(a) of the 1995 Constitution, Dr. Michael Ating-Ego has been appointed as the new Governor, and Prof. Augustus Nuwagaba has
been appointed as the Deputy Governor of the Bank of Uganda.
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