Crypto Biz: Bitcoin’s quantum threat is becoming an economic problem
Bitcoin faces mounting quantum security concerns as Ripple secures a US banking charter, USDC gains ground in Europe and VanEck adds BTC to a new ETF.…
Recap: How Binance’s record $6.3B hack unfolded
A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge. Source：Cointelegraph
After Intel’s historic stock drop, analysts say there’s no reason to buy the dip
“A cheaper stock does not necessarily offer better value,” one expert says. Source：MarketWatch
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
Trump administration is illegally delaying student-debt forgiveness for tens of thousands of public servants, lawsuit alleges
Teachers, nurses and other borrowers have waited years for approval to complete their payment obligation and access debt relief, the suit claims.…
Bitcoin risks worst October in 12 years as tech sell-off spreads to gold
Bitcoin circled $77,000 as crypto markets navigated US stockmarket downside, while the gold price fell to its lowest in a year. Source：Cointelegraph
Private equity in your 401(k)? Heed Warren Buffett’s warning.
About 52% of people with a workplace retirement plan say they would invest in private assets if they were available in their company’s plan. Source：MarketWatch
In a wild October for markets, these stocks were the biggest winners and losers
Many Big Tech stocks were hit hard but the S&P 500 showed strength under the surface, with a majority of stocks showing gains for the month. Source：MarketWatch
Data centers are a political third rail. West Virginia is grabbing it anyway.
West Virginia wants more data centers, even as other states slam the brakes on them. Source：MarketWatch
Reddit shares on track for biggest-ever one-day drop. It’s not the last of the bad news, analysts say.
Shares in the online discussion platform tumbled 25% on Friday morning after the company issued a lowerthanexpected revenue outlook. Source：MarketWatch
This strategist correctly recommended shorting Big Tech debt last year. Now he says the yields make it attractive.
Yields ranging from 6% to 8% on tech bonds provide more competition against stocks than before. Source：MarketWatch
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