WisdomTree (WT) Stock: Q3 Earnings Rise as Net Inflows Exceed $13.6 Billion
TLDR WisdomTree reports $49.2 million in Q3 profit as assets under management hit $171 billion. WT records $13.6 billion in year-to-date inflows, delivering 13% annualized organic growth. WisdomTree expands its operating margin by 680 basis points as…
Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales
Bitcoin Magazine Coinbase (COIN) Misses Revenue Estimates as Users Fall, Armstrong Sets Up New Share Sales Coinbase had a mixed third quarter. Revenue came in at $1.20 billion, below the $1.233 billion analysts expected, according to company filings.…
Binance Hack: Why Bitcoin Didn’t Crash Like It Did in 2018
Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 when the exchange was last attacked.
Infleqtion, Inc. (INFQ) Stock: Falls 9.70% as Navy Tests Quantum Timing Technology at Sea
TLDR INFQ shares drop 9.70% to $8.52 as Infleqtion completes a U.S. Navy clock trial. Infleqtion tests its Tiqker quantum clock aboard a Navy vessel for over two weeks. U.S. Navy exercise evaluates Infleqtion’s GPS-independent quantum timing technology.…
Texas brothers sentenced to 15 years for holding Minnesota family at gunpoint in $8 million crypto heist
Two brothers who held a family for nine hours at gunpoint in Minnesota for $8 million worth of cryptocurrency were sentenced on Friday.
How Bitcoin Is Helping Reshape Online Slots
Bitcoin (BTC) is changing different aspects of handling money. Yet, online gaming platforms are one area you might not have come across. By looking at how the introduction of this cryptocurrency and other digital assets has changed the scene, you can…
THORChain’s RUNE Rallies as Binance Hack Funds Move Through Protocol
TL;DR: THORChain’s RUNE token climbed more than 13% to $0.67 after Binance confirmed a $6.3 billion security breach. The price increase came as on-chain investigators reported that funds connected to the Binance and Bitget hacks had passed through…
Binance Hack Shows How One Ethereum Permission Drained $2.5 Billion
TL;DR Binance hack shows an attacker reportedly used Ethereum’s EIP-7702 authorization feature to drain approximately $2.5 billion from Binance’s Ethereum hot wallet. The attacker gained the ability to move funds without repeatedly requesting individual…
SEC Charges Two Companies in $130 Million Crypto Trading Scheme
Bitcoin Magazine SEC Charges Two Companies in $130 Million Crypto Trading Scheme The Securities and Exchange Commission charged two foreign-operated, Colorado-incorporated companies with running a crypto investment fraud that used false federal filings…
Strategy’s preferred-stock fix sets up renewed bitcoin buying, analysts say
Strategy fell after Q3 earnings, but StoneX & TD Cowen kept buy ratings, citing $4.83B cash reserve and more stable STRC preferred structure.