Techmeme
October 30, 2026, 1:55 AM

Top News

The Block:
Binance says initial investigation suggests a compromised DevOps laptop may have enabled a ~$6.3B hack; Tether froze 1.5B+ USDT and Circle froze 800M+ USDC  —  Onchain data shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets.
George Steer / Financial Times:
Binance “temporarily suspended” all deposits and withdrawals as it investigates security issues and works with law enforcement; Binance.US says it's unaffected  —  Tether and Circle freeze billions of dollars' worth of their coins as world's largest crypto exchange investigates security issue
South China Morning Post:
Amazon:
Amazon reports Q3 revenue up 12% YoY to $201.94B, vs. $202.31B est., net income down 2% to $20.7B, forecasts Q4 revenue below est.; AMZN drops 7%+ after hours  —  Operating income was $28.1 billion and operating margin was 13.9%—Amazon's highest operating margin ever AWS net sales increased 39.3% …
Annie Palmer / CNBC:
Katie Tarasov / CNBC:
Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 revenue and adjusted EPS below estimates; INTC drops 23%+ after hours  —  Intel shares plummeted more than 20% in extended trading on Thursday after the chipmaker issued a weak fourth-quarter forecast, citing continued softness in the global PC market.
Katherine Doherty / Bloomberg:
NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets with Trade.xyz, a market operator on the crypto platform, and takes a stake in Trade.xyz  —  Intercontinental Exchange Inc. joined forces with one of the market operators behind offshore crypto-trading platform Hyperliquid …
Sara Fischer / Axios:
Reddit plans to require users to log in to fully access the site in response to AI scraping, and to begin tests in select markets outside the US this quarter  —  Reddit on Thursday said it's moving to become a primarily logged-in experience, marking one of the most significant shifts in its 21-year history.
Stephen Morris / Financial Times:
Alphabet's stock falls 12.3%, wiping a record $500B from its market cap, after reporting negative cash flow amid its AI spending; the Nasdaq falls 1.4%  —  Google owner admits ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations
Reuters:
Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders  —  Polymarket said on Thursday it had restored trading after a temporary halt prompted by a security incident involving a third-party provider …
Phoebe Liu / The Information:
Sources: Nvidia is in talks to provide Nscale with billions of dollars in credit guarantees for debt to develop a 460MW data center that Anthropic plans to use  —  Nvidia is in talks to provide Nscale, a young AI cloud provider, with billions of dollars in credit guarantees for debt to develop …
Radhika Rajkumar / ZDNET:
Mistral releases the weights for Mistral Large 4, or Le Chonk, and says it rivals top open models such as GLM-5.3 on the Artificial Analysis Coding Agent Index  —  Mistral has released the weights for Large 4, along with some impressive Artificial Analysis scores.  —  ZDNET's key takeaways
Bloomberg:
Canada-based Cohere completes the first close of a round that it expects to total up to $5B, with Canada agreeing to invest up to $1.14B, at a $20.5B valuation  —  Cohere Inc., an artificial intelligence model maker, is in the process of raising a large funding round at a $20.5 billion valuation …
New York Times:
US officials believe Megaspeed executive Alice Huang, who has a close relationship with Jensen Huang, is a Chinese asset; Trump was briefed and took no action  —  Jensen Huang, the chief executive of Nvidia, is influential at the White House on technology policy and has developed …
Andy Larsen / Salt Lake Tribune:
Utah files 14 criminal charges against Kalshi and its co-founders Tarek Mansour and Luana Lopes Lara for allegedly breaking Utah's gambling laws  —  The state of Utah has filed 14 criminal charges, including 13 felony counts, against the prediction market site Kalshi and its co-founders …

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More News

Vittoria Elliott / Wired:

Earlier Picks

John Collison / Cheeky Pint:
Reuters:
Reuters:
Federico Viticci / MacStories: