South Korea urges exchanges to boost cold storage after Binance hack
South Korean crypto exchanges are already required to hold at least 80% of customer crypto in cold wallets, but the regulator is urging more.…
Here’s why Palantir’s stock is down despite a ‘bombastic’ quarter
A deceleration in U.S. commercial contract growth gave some Wall Street analysts pause despite Palantir’s earnings beat. Source：MarketWatch
Apple’s iPhone business is booming. Here’s why the stock is falling anyway.
Although iPhone demand remains strong, Apple faces a worsening memory crunch and a slowing services business. Source：MarketWatch
Nasdaq-100 tumbles into its third correction this year as AI worries mount
The “tech wreck” from October continues. Is a bear market next? Source：MarketWatch
Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’
Shares of both companies fell Monday after Marvell said it reached an allstock agreement to buy Lumentum. Source：MarketWatch
North Korea denies role in $6.3B Binance hack, points finger at US
Pyongyang has pushed back against the FBI’s attribution of the Binance attack, with Kim Yo Jong calling the US allegations politically motivated.…
New Jersey drops Coinbase staking order ahead of crypto’s midterm test
New Jersey lifted its staking ban and dropped a $5 million penalty, clearing the way for Coinbase to restore staking access for users in the US state.…
Traders rushing into a leveraged ETF to make a bullish bet on the Nasdaq-100 just got burned
Some investors appeared a little too eager to buy the dip in technology stocks last month. Source：MarketWatch
AI poses greater threat to Bitcoin than quantum computing, Swan founder says
The Swan Bitcoin founder warned that hackers are using large language models to exploit security flaws with just a few prompts. Source：Cointelegraph
Wall Street’s most hated stocks are faring far better than its favorites
The thrashing that Wall Street’s artificialintelligence darlings have taken over the past few months has led to an unusual situation in the U.S. stock market.…
Big crypto wants the one thing it can’t buy: your vote
Our loyalty has been to the technology. This election, the trap is to let the biggest intermediaries claim it for themselves, argues Berkeley Law lecturer…
The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain.
The S&P 500’s forward pricetoearnings ratio is below its fiveyear and 10year averages. Source：MarketWatch