Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
A 12person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time…
Crypto.com to withdraw Hong Kong consumer app citing regulatory changes
Crypto.com will discontinue its consumer app services in Hong Kong in February next year. Source:Cointelegraph
Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower. Source:CoinDesk
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…
South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.…
Here’s why Palantir’s stock is down despite a ‘bombastic’ quarter
A deceleration in U.S. commercial contract growth gave some Wall Street analysts pause despite Palantir’s earnings beat. Source:MarketWatch
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.…