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October 30, 2026, 12:05 PM
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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.
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: Binance, Wall Street Journal, Decrypt, CoinDesk, Chainalysis, The Information, CoinDesk, Reuters, Bloomberg, Breitbart, Aave, The Information, Associated Press, Wall Street Journal, Washington Post, The National, Bloomberg, crypto.news, Bitcoin Magazine, NBC Los Angeles, PCMag, BleepingComputer, Help Net Security, Bitcoin Insider, Mashable, Forbes, and Web3 is Going Just Great
X: @binance, @paoloardoino, @cz_binance, @binance, @jerallaire, @_richardteng, @binance, @heyibinance, @binance, @lookonchain, @elonmusk, @cz_binance, @binance, @spreekaway, @nikitabier, @brian_armstrong, @zachwitkoff, @jconorgrogan, @buccocapital, @cz_binance, @cz_binance, @coinbase, @bohines, @cz_binance, @cz_binance, @zerolore, @hyperdailytk, @llamarisk, @coffeebreak_yt, @dontbsalti, @mastrxyz, @devops_nk, @boringbiz_, @realallincrypto, @tanuki42_, @ripchillpill, @thetraderoom_, @cagrimbakirci, @tayvano_, @patio11, @skuullls, @mdudas, @justinsuntron, @xbtoshi, @arpitrage, @intcyberdigest, @mattjay, @bybit_official, @xbtoshi, @seancasten, @healthranger, @matthew_d_green, @coffeebreak_yt, @pinkyndthegainz, @obrainarc, @danprimack, @star_okx, @skesslr, @icebergy, @eddie_walker_, @suburbandrone, @patio11, @hamybinance, @leveredusts, @simplykashif, @fiskantes, @theunipcs, @crackerfun, @nathanmccauley, @mert, @0x_osprey, @zachxbt, @grady_booch, @benbybit, @zachxbt, @matthewmadera, @tiffanyfong, @vxunderground, @muneeb, @andrewcurran_, @investanswers, @deestar, @hansonbirringer, @theflowhorse, @stevie_satoshi, @mert, @crediblecrypto, @cryptogodjohn, @vxunderground, and @treenewsfeed
LinkedIn: James Ang and Eric Leon
Bluesky: @proflhunter, @molly.wiki, and @molly.wiki
Forums: r/technology and r/anime_titties
Rajveer Singh Pardesi / Reuters:
Binance says it has reserved $6.34B+ in company funds, including $5B already held in impacted token assets, to deal with the fallout from the $6.3B hack  —  Binance said on Friday it has reserved more than $6.34 billion in company funds, including $5 billion already held in impacted token assets …
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:
Binance pledges to cover all losses from a ~$6.3B hack, potentially the largest crypto theft ever, surpassing the $1.5B Bybit hack in February 2025  —  Binance, the world's largest cryptocurrency exchange by trading volume, has pledged to cover all losses from a hack that it said drained around US$6.3 billion from its wallet.
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.  —  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:
Amazon reports Q3 ad revenue up 11% YoY to $19.64B, vs. $20.82B est., and subscription services revenue up 11% YoY to $14B
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 …
Financial Times:
Inside Nscale's 2,250-acre, 8GW Monarch Compute Campus in West Virginia, which has been hit by construction issues, local opposition, and financing risks  —  Nvidia-backed neocloud bets on West Virginia data centre campus hit by construction issues, local opposition and financing risks  —  NEW
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 …
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.
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 20%+  —  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.
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 25%+  —  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 “the front page of the internet.”
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
Marina Temkin / TechCrunch:
Dream, which is training AI world models on US building data to automate construction design and engineering, emerges from stealth with a $17M seed led by a16z  —  Andy Alder and Arjun Mather were Stanford roommates who both studied computer science before spending a decade at Palantir.
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 …

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From Mediagazer

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Andrew Fedorov / The San Francisco Standard:
A look at Colossus, a VC-backed quarterly mimicking glossy magazine writing with glowing tech exec profiles that investors praise and some journalists call PR

David Ehrlich / IndieWire:
Netflix spent 10 years trying to make movie theaters obsolete and is now pivoting to real theatrical releases, in a rare about-face for a tech giant

More News

Earlier Picks

Cecilia D'Anastasio / Bloomberg:
Roblox reports Q3 bookings down 12% YoY to $1.7B, vs. $1.63B est., and DAUs down 9% to 138M, vs. 145.8M est.; RBLX drops 16%+
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
Vittoria Elliott / Wired:
Sources: an Accenture staffer's Claude agent ran on a DOD network for two months and appears to have sent info to a third-party site before it was identified
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