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23% of SMBs remain closed in India as pandemic wanes: Meta

A Meta (formerly Facebook) survey of small- and medium-sized business (SMB) leaders in India has revealed that 23 per cent of SMBs remain closed as the Covid-19 pandemic wanes, and the greatest challenge SMBs are facing now is the current state of the economy, including rising inflation.

Crypto losses reach $428 mn in Q3 globally, hacks top concern

The world saw crypto losses up to $428 million in the third quarter (Q3), down 36 per cent from Q2, from hacks and frauds, a new report has shown. An analysis of the crypto losses by bug bounty platform Immunefi found that fraud accounts for only 7 per cent of the total losses in the Q3 2022, while hacks account for 93 per cent.