Techmeme
October 30, 2026, 8:10 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.
More: Decrypt, CoinDesk, Wall Street Journal, Binance, Reuters, Aave, CoinDesk, Reuters, The Verge, CoinDesk, The Information, Associated Press, Bloomberg, Gizmodo, Engadget, Chainalysis, PC Gamer, Mashable, Bitcoin Insider, BleepingComputer, PCMag, Yahoo Finance, Fortune, Cyber Security News, Techreport, Inside Bitcoins, Bitcoin Magazine, Forbes, Blockhead, Bitcoin News, Web3 is Going Just Great, and Disruption Banking
Tom Westbrook / Reuters:
TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes  —  North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.
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
@binance:
Binance reveals that a follow-up investigation has found “additional points of breach” beyond a possibly compromised laptop and says this was a “complex attack”  —  Investigation update: Our initial investigation suggested that the security incident may have involved a compromised laptop, however our subsequent investigation has uncovered additional points of breach. This was a complex attack, and we are doing all we can in coordination with law enforcement...
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.
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 …
Jonathan Vanian / CNBC:
Reddit reports Q3 revenue up 53% YoY to $895M, vs. $878M est., DAUq up 12% to 130.3M, below est., forecasts Q4 revenue below est.; RDDT drops 17%+ after hours  —  Reddit plans to require all users to create official accounts to access the social media platform, marking a major departure for the site known as …
Sara Fischer / Axios:
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 …
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 …
Kevin Collier / NBC News:
CrowdStrike: China-linked hackers used AI tool ARTEX with a DeepSeek LLM and another model to target 200+ organizations in 11 days, compromising at least nine  —  Chinese state-linked hackers targeted more than 200 organizations in just 11 days, using AI to attack governments and businesses worldwide, according to CrowdStrike.
Bloomberg:
Source: Anthropic is “Customer B” cited by SpaceX in a filing as its single largest customer accounting for 34.5% of Q3 revenue, surpassing the US government  —  Anthropic PBC is SpaceX's largest single customer, a person familiar with the matter said, accounting for more than a third …
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

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Vittoria Elliott / Wired:
Bloomberg:
Radhika Rajkumar / ZDNET: