After Intel’s historic stock drop, analysts say there’s no reason to buy the dip
“A cheaper stock does not necessarily offer better value,” one expert says. Source:MarketWatch
Bitcoin risks worst October in 12 years as tech sell-off spreads to gold
Bitcoin circled $77,000 as crypto markets navigated US stockmarket downside, while the gold price fell to its lowest in a year. Source:Cointelegraph
AMD’s stock slides after Intel earnings reveal two big issues
Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to which AMD is suffering from…
Will gold’s ‘infinite mint bug’ make Bitcoin more valuable?
A US fusion startup says it has turned mercury into gold. Could a potential increase in the gold supply strengthen Bitcoin’s claim to be a better form of…
Binance working with FBI to recover assets following $6.3B hack
Binance is working with law enforcement to recover $3 billion that is frozen, after setting aside more than $6.3 billion from the company’s funds to cover the…
Binance says it holds $5B in matching tokens to cover hack losses
The exchange said it set aside more than $6.34 billion to cover losses and would include the assets in its next proofofreserves report. Source:Cointelegraph
Amazon’s and Intel’s stocks are set to plunge. But Wall Street’s October winners may surprise you.
A rough month in the technology sector was less spooky in other sections of the stock market. Source:MarketWatch
Bitcoin price metrics hint at rebound as $1.6B liquidations follow Binance hack
Bitcoin held above $76,000 after a $6.3 billion Binance hack and a techstock selloff, as momentum indicators pointed to a possible rebound. Source:Cointelegraph
THORChain’s RUNE jumps 13% after Binance’s record $6.3B hack
North Korean hackers previously used THORChain to move funds stolen from Bybit and Bitget, prompting calls for the protocol to intervene. Source:Cointelegraph
Trezor warns CryptoBilis buyers to move funds over suspected implant
Trezor urged customers who bought devices from CryptoBilis since March to move their funds after a report of a suspected hardware implant. Source:Cointelegraph
Live News: Binance hack rattles crypto as Intel plunges and AI spending fears hit tech
A $6.3 billion Binance hack adds to crypto jitters, while weak earnings outlooks and mounting concerns over AI spending push QQQ down more than 2%.…
Live updates: Binance $6.3B hack linked to North Korea’s TraderTraitor
Follow live updates as Binance says $6.3 billion in assets have been stolen in a major hack. Around $3 billion in stolen funds have been frozen.…