Binance investigating hack as suspicious outflows reach up to $5.8 billion
Binance says it is investigating an apparent exploit after billions in suspicious outflows, with Tether and Circle freezing about $1.8 billion and DeFi exchange
The Block · +4 outlets
Coinbase swings to $719 million Q3 profit on crypto gains
Coinbase returned to profit in the third quarter, a result that signals improving exchange economics as crypto markets recover.
Decrypt · +11 outlets
Hyperliquid's HYPE jumps 13% as NYSE owner ICE moves to bring perpetual futures to US
ICE's push to offer Hyperliquid perpetual futures in the US lifted the HYPE token, a notable step for onchain derivatives seeking regulated distribution.
Decrypt · +14 outlets
Ripple gains final OCC approval for national trust bank
Federal approval gives Ripple a national trust bank charter, advancing its regulated custody and payments ambitions in the US.
The Block · +14 outlets
Utah files felony charges against Kalshi and co-founders over sports bets
The criminal case escalates the state-versus-prediction-market fight over sports event contracts in the US.
Decrypt · +14 outlets
Polymarket pauses trading as prediction market investigates security incident
Polymarket halted trading while investigating a security incident, a fresh operational risk signal for the prediction market sector.
Decrypt · +14 outlets
OpenAI plans to buy Google's AI chips as it looks beyond Nvidia: report
The reported move would widen OpenAI's chip sourcing and loosen Nvidia's grip on AI accelerator supply.
Decrypt · +14 outlets
Moody's rates Ripple's $2.6B RLUSD stablecoin A2, a day after OCC bank approval
Moody's assigned an A2 rating to Ripple's RLUSD, a rare credit rating for a stablecoin that tracks its push into regulated finance.
Decrypt · +2 outlets
Strategy shareholders approve daily dividends on preferred stock, with 99.3% in favor
The near-unanimous vote backs Michael Saylor's preferred dividend structure, a key part of the bitcoin treasury company's capital strategy.
Decrypt · +14 outlets
Prediction markets report record October
Prediction market volumes hit a monthly record, underscoring the sector's rapid growth even as legal challenges mount.
The Block · +14 outlets
Bitcoin treasury Datavault AI says it can't access its BTC, stock tanks
Datavault AI disclosed it cannot withdraw bitcoin from a $150 million share sale, a cautionary case for corporate crypto treasuries.
Decrypt · +3 outlets
Walmart blocks its stock from OKX-ICE tokenized trading venue; JPMorgan and Coca-Cola among objectors
Growing corporate pushback against the OKX-ICE tokenized stocks venue highlights legal uncertainty over tokenized equity trading.
Decrypt · +12 outlets
Hedge funds left the BTC ETF trade and sovereign wealth stepped in
ETF flow data indicates hedge funds exited bitcoin ETF positions while sovereign wealth funds took the other side of the trade.
Decrypt · +11 outlets
Chip maker SK Hynix posts record quarter as AI memory demand overwhelms supply
Record results at SK Hynix show AI memory demand still outpacing supply, keeping HBM pricing power with suppliers.
Decrypt · +2 outlets
Chrome can now pull details from Gmail to fill out web forms
Google's new autofill behavior deepens Gmail data use across the browser, renewing privacy questions about cross-product data flows.
Decrypt · +14 outlets
Justin Sun's HTX agrees to leave UK in settlement with financial watchdog
HTX's UK exit settlement highlights tightening enforcement against offshore exchanges serving British users.
Decrypt · +3 outlets
Treasury sanctions 11 over North Korean IT worker scheme that moved millions in crypto
The sanctions target a scheme using crypto to fund North Korea, part of ongoing US enforcement against illicit onchain finance.
Decrypt
Coinbase customer data hit in analytics vendor breach, funds 'not impacted'
A third-party analytics vendor breach exposed Coinbase customer data, though the exchange says funds are unaffected.
Decrypt