Drift exploiter sends $61M ETH to Tornado Cash, holds $194M
The April 1 hack caused about $295 million in losses and was later attributed to a North Korean threat group in a Mandiant investigation. Source:Cointelegraph
Strategist Tom Lee says he’s buying the AI stock dip, and Cisco holds the key
Strategist Tom Lee says investors should not shrink from the pullback in stocks surrounding AI investment fears. He points to Cisco’s history as one reason to…
South Korean IPO flop is the latest in a string of disappointments for the global AI trade
October alone has witnessed the shelving of three separate flotations planned for datacenter providers, backed by AI powerhouses like Nvidia, Blackstone and…
JPMorgan projects Bitcoin to outperform US stocks and gold over next decade
JPMorgan included Bitcoin in its longterm capital market outlook for the first time but warned that volatility and unstable correlations limit its role in…
Credit markets have entered uncharted territory as the riskiest junk bonds send a warning to investors
Credit markets are sending unusually mixed messages to investors right now, and it’s making some people nervous. Source:MarketWatch
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.…
CoreWeave’s selloff is a lesson in ‘Finance 101’ — and Wall Street says the stock can recover
Analysts argue CoreWeave’s underlying economics are far sturdier than nervous debt and equity investors realize. Source:MarketWatch
One of this year’s most important relationships in global financial markets is falling apart
One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it…
Made an ‘honest’ mistake with crypto taxes? New bill offers way out
A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible…
Tech stocks stumbled. Now comes a crucial week for Wall Street.
A wave of corporate results that could help determine whether the stockmarket rally has more room to run — or whether investors are growing wary of the…
Crypto audits give investors false sense of security as Q3 hacks cost $1.18 billion, Hacken says
The security firm found that 77% of thirdquarter losses involved compromised suppliers, delayed fixes or systems outside the latest security reviews.…
Tether backs AIsa as strategic investor, completing seed extension round
The round brings AIsa’s total funding to more than $9 million. Source:Cointelegraph