Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets. Source:CoinDesk
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a topup, and the exchange hasn’t said when it will refill…
Bitcoin miner Cipher posts $31 million profit as AI pivot begins
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.…
Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation
The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices. Source:Cointelegraph
UK warns AI ransomware attack on infrastructure ‘highly likely’ by 2028
The warning comes as UK cyber officials also flag growing threats from statebacked hackers targeting government officials and politicians. Source:Cointelegraph
Binance begins second withdrawal phase, exchange outflows slow
The exchange says additional assets will become available for withdrawal from 04:00 UTC on Tuesday as security checks are completed, following an initial…
Apple’s iPhone business is booming. Here’s why the stock is falling anyway.
Although iPhone demand remains strong, Apple faces a worsening memory crunch and a slowing services business. Source:MarketWatch
Nasdaq-100 tumbles into its third correction this year as AI worries mount
The “tech wreck” from October continues. Is a bear market next? Source:MarketWatch
Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’
Shares of both companies fell Monday after Marvell said it reached an allstock agreement to buy Lumentum. Source:MarketWatch
North Korea denies role in $6.3B Binance hack, points finger at US
Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated.…
AI poses greater threat to Bitcoin than quantum computing, Swan founder says
The Swan Bitcoin founder warned that hackers are using large language models to exploit security flaws with just a few prompts. Source:Cointelegraph
Big crypto wants the one thing it can’t buy: your vote
Our loyalty has been to the technology. This election, the trap is to let the biggest intermediaries claim it for themselves, argues Berkeley Law lecturer…