Average price for property stands at £273,566 in October, flat on previous month, says Nationwide

• Business live – latest updates

UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.

The average price for a property in the UK stood at £273,566 in October, flat on the previous month and down from 0.8% in the year to September, according to the lender Nationwide.

Blockchain intelligence firm TRM says North Korea’s TraderTraitor hacking unit is responsible for the largest crypto theft on record

• Explainer: How big a deal is the $6.3bn crypto heist, who did it, and are investments safe?

• Tell us: have you been affected by the Binance hack?

• North Korean group blamed for $6.3bn Binance hack in biggest ever crypto heist

Most major cryptocurrencies have fallen in value since news of the Binance theft broke, Coinmarketcap data shows.

That includes:

Bitcoin: -2.35% over the last 24 hours, to $77,940

Ethereum: -3.6%, to $2,227

BNB: -5.6%, to $706

Solana: -2.67%, to $97

Chainlink: -3.1%, to $11.02

Temporarily suspended withdrawals while we complete a security revamp of the withdrawal service and its related addresses

Revoked the affected address authorizations

Engaged law enforcement and blockchain intelligence partners to trace and recover funds

Our team hasn’t stopped. We’re working closely with law enforcement to ensure the matter is handled appropriately - and I’ll share what I can, as soon as I can.