Israel begins coalition talks, Binance hit by $6.3bn breach and Abu Dhabi jails Sudan arms traffickers
In today’s episode of Trending Middle East , Israeli politicians begin coalition talks after final election counts leave Prime Minister Benjamin Netanyahu and his main rival, Gadi Eisenkot, without a parliamentary majority. Arab parties win a record 19 seats and could play a decisive role in forming the next government. Cryptocurrency prices fall sharply after Binance faces a security breach…
Israeli politicians initiate coalition negotiations following elections, which yield no clear majority for either Prime Minister Benjamin Netanyahu or his leading opponent, Gadi Eisenkot. Arab parties secure a record 19 seats, potentially influencing the formation of the next government.
Binance, the cryptocurrency exchange, suffers a significant security breach resulting in an estimated $6.3 billion loss. The company assures that it will bear the financial burden, while withdrawals and deposits remain paused. Meanwhile, in Abu Dhabi, eight individuals convicted of participating in an illicit arms trafficking syndicate linked to Sudan's ongoing civil war are sentenced to life imprisonment.
The real estate sector experiences notable growth in Abu Dhabi, with apartment prices increasing by 24% year-on-year in the third quarter, according to ValuStrat. Villa prices follow suit, rising by 10.2% during the same period. Lastly, renowned British actor Patrick Stewart, well-known for his portrayals in Star Trek and X-Men, passes away at the age of 86 after a prolonged struggle with Alzheimer's disease and Lewy body dementia.
Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
