FBI seizes $1.2bn in stolen Binance crypto | ITWeb Tech Headlines 9 – 14 November 2026
These are the stories making headlines on ITWeb this week. The FBI has seized and restrained more than $1.2 billion (R20.6 billion) in crypto-currency stolen in last month's $6.3 billion Binance hack, as part of efforts to disrupt North Korea's crypto theft operations, while Binance's Africa director Larry Cooke tells ITWeb TV that scams and social engineering remain obstacles to crypto adoption on the continent. Meanwhile, MTN and Cell C have failed to reach agreement on certain matters in their long-standing commercial relationship, although Cell C says its network-sharing agreement with MTN, which runs until 2032, remains in force on its existing terms. In addition, Altron has identified more than 100 AI use cases across its business as it expands its AI factory, with CEO Werner Kapp saying the initiative is about productivity and customer value rather than direct revenue. At the same time, Samsung grew its revenue and unit sales in Africa in the first half of 2026, with second-quarter unit sales up 34.8%
Binance suspends deposits and withdrawals after hackers targeted its wallets across 10 blockchains in a record-breaking crypto-currency heist.
The notorious state-sponsored APT group has created its own ransomware .
Tensions run high as South Korea accuses North Korea of cyber attacks against its broadcasters and banks.
In today's technology roundup: Best-case cloud computing years away, Foxconn faces leaked report of worker abuse, Bill Gates talks education tech, and North Korea expands Internet presence.