Binance hackers deploy never-seen-before laundering tactics to conceal $6.3 billion theft
Hackers behind Binance’s $6.3 billion breach are using previously unseen laundering tactics while rapidly converting stolen assets into other cryptocurrencies. On Oct. 30, blockchain analytics firm Chainalysis said that investigators identified…
Binance Hack Rattles Crypto Markets – BNB Drops 8%
TL;DR Cryptocurrency markets extended their losses after Binance reported a major security breach estimated at $6.3 billion. BNB declined more than 8%, while Bitcoin approached $77,000 and Ethereum fell below $2,300. More than $1.5 billion in leveraged…
Walmart Inc. (WMT) Stock: Rises as Texas Energy Expansion Brings 20% Battery Installation Discount
TLDR Walmart shares gain 1.95% as Base Power partnership expands its Texas energy push. Walmart customers in Texas will receive 20% off eligible Base Power battery installations. Walmart and Sam’s Club introduce home battery services through a new Base…
Worried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firms
Analysts at Cantor Fitzgerald, TD Cowen and Compass Point say the record $6.4 billion theft is a Binance security failure, not a crypto-wide threat, pointing clients toward proxies like Coinbase, Robinhood, and Strategy.
A New Player Enters the Prediction Market Industry: Tonomy Sets Its Sights on International Expansion
Tonomy S.R.L. is developing a blockchain-based prediction market platform powered by TON and has announced that it has submitted an application for registration with the U.S. Commodity Futures Trading Commission (CFTC). A new player has emerged in the…
Binance gives 48-hour withdrawal target while Bitcoin deposits remain open
Restoration estimates leave the practical test ahead: completed customer transfers and a separate reserve update. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Reddit Stock Plunges 30% as Google’s AI Search Hits Traffic and User Growth
Reddit shares are down 44% this week after CEO Steve Huffman warned that Google’s AI-powered search features are cutting referrals, while weaker user growth and disappointing fourth-quarter guidance added to investor concerns.
Amazon (AMZN) Stock: Falls as AI Spending Drives Record $42 Billion Cash Burn
TLDR Amazon records a $42.4 billion free cash flow outflow, its largest deficit ever Amazon spends $77 billion on property and equipment during the third quarter AWS revenue jumps 39% to $46 billion, marking its fastest growth in five years Amazon’s…
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.…