Binance pulls out of deal to rescue rival crypto firm FTX

Central banks have, for a number of years, warned people about putting their money into cryptocurrencies because the value of digital coins is extremely volatile. Now Binance, the world’s largest cryptocurrency exchange, has pulled out of a deal to acquire its rival FTX – with millions of dollars at stake. We hear from Hungary where the government is freezing prices for eggs, chicken, pork and cooking oil, in an effort to tackle inflation. Plus we hear about China’s Singles’ Day – one of the biggest shopping days in the world. (Pic: Rusty Bitcoin Sign is Demolishing and Collapsing. Credit: Getty Images)