Uber tests how tokenization can put idle cash to work with HSBC, Franklin Templeton
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends. Source:CoinDesk
Blockchain investigator Chainalysis hit by cybersecurity incident
Chainalysis has engaged worldclass thirdparty experts to support a review of its security and strengthen its defenses. Source:Cointelegraph
Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve
The 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North…
Private equity in your 401(k)? Heed Warren Buffett’s warning.
About 52% of people with a workplace retirement plan say they would invest in private assets if they were available in their company’s plan. Source:MarketWatch
Wall Street analysts urge investors to buy crypto stocks after $6.3 billion Binance hack
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the $6.3 billion Binance hack is unlikely to derail the crypto market's recovery. Source:CoinDesk
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…
This one chart tells you everything you need to know about Exxon, Chevron and BP’s forecast-beating earnings
One slide in ExxonMobil’s investor presentation after its thirdquarter earnings explains the financial situation for the integrated oil giants very neatly.…
Here’s when Binance plans to reopen after what’s believed to be the largest-ever $6.3 billion hack
Binance has vowed to get the exchange back up within a couple of days after a record $6.3 billion heist, which has rattled the industry and investors.…
North Korea’s TraderTraitor linked to $6.3B Binance hack
TRM Labs says it has high confidence in the attribution, while ZachXBT identified stolen funds from the Binance and Bitget hacks converging at the same…
Institutional crypto investors rush to pull funds from exchanges after Binance hack
The withdrawals suggest the fallout from the multibilliondollar breach is spreading beyond Binance. Source:CoinDesk
Binance investigates potential multibillion-dollar hack
Binance said it is investigating a potential security breach after suspicious wallet transfers, while cofounder CZ reported nearly $1.8 billion in frozen…
Microsoft to raise up to $25 billion in bond market as investors get pickier about AI debt binge
What’s changed since the summer is which companies investors want to back in the AI race — and at what level. Source:MarketWatch