Palantir (PLTR) Stock Falls Nearly 8% Despite Earnings Beat
TLDR Palantir stock dropped nearly 8% in Tuesday’s premarket trading despite stronger-than-expected third-quarter earnings. Palantir reported $2.313 billion in quarterly revenue, representing 96% annual growth. Total contract value rose just 6% year over…
UK Says AI-Powered Ransomware Attack on Critical Infrastructure ‘Highly Likely’ by 2028
The National Cyber Security Centre said AI will expose security flaws "tolerated for far too long," and called time on "tech on the cheap."
Justin Sun seeks sanctions against World Liberty, alleging Trump-linked firm hid UAE ties
Sun says World Liberty Financial hid its UAE citizenship to escape federal court, and plans to refile his $45M lawsuit in California state court.
BitGo Adds Stacks Bitcoin Staking in Qualified Custody
Eligible institutions must pair BTC with STX worth 5% of their Bitcoin position for roughly six-month bonds funded by Stacks miners.
Société Générale Accepts $10 Million in DTCC-Tokenized Treasuries as Collateral
The controlled Canton transaction used the bank’s existing collateral systems, while recurring movements and repo financing remain planned steps.
Apple (NASDAQ: AAPL) Stock Falls as Supply Commitments Surge
TLDR Apple stock fell 4.46% to $323.23 in Tuesday’s premarket trading following its quarterly earnings report. Apple’s manufacturing purchase commitments increased by $33 billion to $89.7 billion during the September quarter. The company reported…
Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’
Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections.
New Jersey Clears Coinbase Staking Hurdle, Questions Remain
TLDR New Jersey has withdrawn its 2023 Coinbase staking order and the associated $5 million penalty. The state regulator rescinded the order on October 30 without deciding whether Coinbase violated securities law. Coinbase estimates New Jersey residents…
CFTC approves individual stock perpetual futures trading in US for the first time
The CFTC approved the ability for exchanges in the U.S. to offer perpetual futures contracts tied to individual stocks.
Binance says hackers used fake job interview, internal AI tool in $6.3 billion breach
Binance's incident report said hackers used a fake job interview and an internal AI tool to gain access to systems involved in the theft.