Binance suffered a hot wallet breach of up to $6.26 billion across nine chains. While $3 billion in stablecoins has been frozen, the attacker still holds $2.9 billion in BTC...
SanDisk reported fiscal Q1 revenue of $11 billion, up 378% year-over-year, driven by AI inference demand for NAND flash. The company's New Business Model contracts have locked in 50% of...
Weil, Gotshal & Manges, the storied law firm behind Lehman Brothers' bankruptcy, is dissolving, and legal AI startup Crosby has bid for its data, brand, and talent. The move highlights...
A global tech selloff intensified as disappointing earnings from Intel, Amazon, and Alphabet fueled concerns that massive AI investments are not translating into growth. Nasdaq 100 futures fell 2%, Korea's...
Tencent has launched Buddy One, a cross-application AI system integrating its office products under the WorkBuddy agent. The move aims to centralize workplace productivity around AI, but faces data boundaries...
Binance suffered a record-breaking hack with losses estimated between $1.7 billion and $5.7 billion. The exchange has suspended withdrawals, pledged to cover all losses, and is working with law enforcement....
Elon Musk and a Wall Street billionaire react as NYSE owner ICE brings Hyperliquid, a decentralized perpetual exchange, to the US. Bitwise notes that 99.9% of Americans are unaware of...
Amazon's AWS grew 39.3% in Q3, its fastest in nearly five years, as CEO Andy Jassy guided to over 40% growth in 2027-2028 and a $1 trillion revenue opportunity. But...
Amazon shares fell 7% after third-quarter revenue missed estimates, with slowing retail and advertising growth overshadowing AWS acceleration. The reaction mirrors Alphabet's 13% plunge, as investors grow impatient with soaring...
Bitcoin is outperforming the S&P 500 on most trading days, yet it remains stuck below $85,000 and struggles near $80,000. On-chain data reveals 12 factors—including fading ETF demand, long-term holder...
Kalshi closed a $1 billion round at a $40 billion valuation, nearly doubling its May mark, with backing from Wellington, Sequoia, and a broad mix of institutional investors. The CFTC-regulated...
Amazon shares fell after third-quarter results showed modest AWS cloud growth and weaker-than-expected advertising revenue, even as the company issued a bold $100 billion cloud forecast. The results raise questions...
Starbucks beat expectations on a key sales metric, but its stock fell as investors grew impatient with the pace of its turnaround. The reaction highlights sensitivity in consumer discretionary stocks...
Stanley Druckenmiller has invested in TradeXYZ, a crypto derivatives developer, coinciding with a partnership between TradeXYZ and ICE to bring perpetual futures to the U.S. market. Shares of Hyperliquid Strategies...
Sandisk's stock has skyrocketed over 2,600% since its spinoff from Western Digital, with revenue nearly quintupling in the latest quarter. The company announced a stock split to make shares more...
A survey of 100 CISOs by a16z finds that 87% expect security budgets to rise by 2027, with a shift from passive detection to automated remediation. The report highlights AI...
Binance has temporarily suspended trading on Binance Alpha, including spot wallet-based CEX purchases and instant trading, as part of a security review. The exchange assures user funds are safe and...
Intel shares are plunging toward their worst two-day drop in two years as rising memory-chip prices and weak corporate IT budgets pressure its PC business. The selloff highlights broader concerns...
Upbit has warned users to be cautious when withdrawing digital assets to Binance, citing a security incident and signs of asset theft. The Korean exchange may restrict withdrawals to Binance...
Binance.US has stated it is unaffected by a security incident at Binance.com, emphasizing its independent operations and secure customer funds. The clarification comes after Binance.com suspended withdrawals due to a...
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