Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
Binance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase. Source:CoinDesk
Bitcoin's white paper turns 18, and small businesses are still paying for the bailouts it answered
Eighteen years after Satoshi published the Bitcoin white paper, business owners are still covering the cost of a system built on bailouts, and they can protect…
A stolen iPhone, $14,000 in losses and London's crypto theft problem
Two strangers befriended Magnus Ahmad outside a London bar. Hours later, thieves had emptied his crypto wallets, accessed his bank accounts and disabled his…
Traders are already placing leveraged bets on Anthropic’s IPO using crypto contracts
Trade.xyz’s new ANT contract fell about 20% in its first hour on Hyperliquid. There are no shares behind it, and U.S. traders are locked out. Source:CoinDesk
Binance says it has replaced 90% of stolen crypto after massive $6.3 billion breach
Binance is absorbing all losses through corporate funds, futures reserves, and SAFU, keeping user balances intact. Source:CoinDesk
Institutions embrace crypto staking despite shrinking yields
Easier access and growing familiarity are encouraging investors to stake their tokens, while falling rewards and withdrawal delays test the economics.…
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
As big bitcoin miners chase AI profits, individuals get another shot at the rewards
Several companies offer access to bitcoin mining without the hassle of running equipment, but high costs and the 2028 reward halving make profits uncertain.…
18 years in, what has Bitcoin truly done?
The Bitcoin white paper achieved a lot of what Satoshi Nakamoto set out to accomplish, but the cultural impact it had may outweigh Bitcoin itself, writes…
OpenAI reportedly cuts fundraising and valuation targets amid AI jitters
Anxiety about the AI boom has sent the Nasdaq 100 slumping by about 10% in just three weeks since hitting a record high on October 6, including a 4.5% drop on…
Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart
CEO Richard Teng said hackers erased evidence and bypassed security checks. Binance plans to publish its proof of reserves Monday. Source:CoinDesk
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