Binance arranges $6.34 billion to cover losses from record crypto hack
Binance said it reserved its own funds to cover the $6.3 billion hack, including freezes of roughly $3 billion in stolen assets. Source:CoinDesk
AI could hit consumers’ ability to manage their debt. Here’s the trade.
If AI causes workers to lose their jobs then households face credit stress Source:MarketWatch
Here’s the math on Amazon CEO’s claim to be on path to two trillion-dollar revenue businesses
Amazon chief executive Andy Jassy set a bold target on the conference call announcing thirdquarter earnings. Source:MarketWatch
THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene. Source:Cointelegraph
Solidcore founder Anne Mahlum plans enormous 10-bedroom ‘dream home’
Solidcore founder Anne Mahlum is thinking big for her next home—a sprawling, 10bedroom property designed around entertaining, family life, and her love of…
Live News: Binance hack rattles crypto as Intel plunges and AI spending fears hit tech
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.…
Live updates: Binance $6.3B hack linked to North Korea’s TraderTraitor
Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.…
North Korea’s TraderTraitor linked to $6.3B Binance hack
TRM Labs says it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same…
Binance hack bites India's largest crypto exchange as it curbs futures trading
CoinDCX has restricted new futures positions after Binance’s security incident disrupted a key liquidity provider. Deposits, withdrawals and customer funds…
Crypto's longtime foe, North Korea's Lazarus Group, likely behind Binance hack: blockchain sleuths
Security researchers suggested that the hermit kingdom's Lazarus Group was behind Thursday's nearly $6 billion hack of the world's largest crypto exchange.…
Binance hack may involve private key ‘misuse,’ not theft: Blockaid CEO
Blockaid’s Ido BenNatan suspects attackers manipulated Binance’s transactionsigning infrastructure, drawing parallels with the Bybit hack. Source:Cointelegraph
A Starbucks turnaround is brewing — but perhaps not quickly enough
The coffee chain beat expectations on a key sales metric, but its stock was still moving lower. Source:MarketWatch