Binance hit by record $6.3B hack; North Korea's TraderTraitor blamed, FBI and Secret Service join probe
The drain of a Binance hot wallet, the largest crypto heist on record, triggered issuer freezes and a multi-agency investigation linking it to a North Korean gr
Decrypt · +10 outlets
Intel stock plunges about 29%, worst day since 1974, as weak Q4 guidance overshadows earnings beat
Intel's soft outlook on sluggish PC sales erased roughly $10 billion from the US government's equity stake.
Yahoo Finance · +7 outlets
Wall Street tech rout deepens on AI spending doubts; Nasdaq hits near three-month low
Investors questioned the pace of AI capital spending after disappointing results from Amazon and Alphabet.
Yahoo Finance · +13 outlets
Bitcoin, Ethereum, XRP and Dogecoin drop as liquidations top $1.5B
Leveraged longs were wiped out as major tokens slid and bitcoin traded below the $79,000 area.
finance.yahoo · +10 outlets
Crypto market tumbles as Binance hack rattles sentiment; crypto stocks slump
Digital assets and listed crypto equities fell as traders digested the scale of the record exchange breach.
Yahoo Finance · +6 outlets
Alphabet posts worst month ever, losing $758 billion in market value
Google's parent saw a record drawdown as investors reacted to revenue misses and rising AI capex.
Yahoo Finance · +4 outlets
Binance sets aside $6.34B to cover hack losses as CEO says 'your assets are safe'
Binance publicly pledged reserves to backstop user losses after halting withdrawals following the breach.
Decrypt · +3 outlets
Circle and Tether freeze funds as Binance hackers seek exit ramps; issuers halt $2.3B
Stablecoin issuers and DeFi venues moved to block the stolen funds from being cashed out.
Decrypt · +2 outlets
Reddit stock sinks 30% after Q3 as Google AI search hits traffic and user growth
Reddit and Roblox both sold off after quarterly results disappointed on user metrics.
Decrypt · +6 outlets
Strategy reports record $21B operating income on bitcoin gains but BTC-per-share falls
The bitcoin treasury firm posted outsized accounting gains while its per-share bitcoin metric declined.
Yahoo Finance · +10 outlets
CFTC chair says Binance hack shows offshore exchanges need US oversight
The regulator used the record breach to argue for extending US supervision to offshore venues.
Decrypt · +4 outlets
CZ asks Musk to stop trolling over $6.3B Binance hack, cites SpaceX stake
A public spat between Binance's co-founder and Musk also drew attention to SpaceX's private-market valuation decline.
Bitcoin News · +14 outlets
Analysts say Strategy's preferred-stock fix sets up renewed bitcoin buying with $30B credit capacity
Strategy's funding structure change could support further BTC purchases, according to analysts.
The Block
US inflation heats up in September as consumer spending rises and Q3 GDP accelerates to 3.4%
Sticky inflation and solid growth data framed the Fed's hawkish stance that pressured risk assets.
Yahoo Finance · +13 outlets
EIP-7702 upgrade tied to mechanics of the $6.4B Binance hack
The Ethereum account-abstraction upgrade reportedly played a role in how the wallet drain was executed.
Decrypt · +7 outlets
ICE moves to bring Hyperliquid perpetual futures to the US; HYPE jumps 20%
NYSE parent ICE's US perpetual futures plan lifted the Hyperliquid token even as most crypto fell.
Decrypt · +6 outlets
Coinbase swings to $719 million Q3 profit on crypto gains
The exchange's quarterly results were lifted by gains on its crypto holdings.
Decrypt
Dogecoin breaks below $0.0750, lowest since August 20, as 17.8M DOGE longs liquidated
Meme coins sold off with the broader market, with DOGE hitting multi-week lows and long positions wiped out.
CryptoTicker.io · +1 outlets