Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a topup, and the exchange hasn’t said when it will refill…
Bitcoin miner Cipher posts $31 million profit as AI pivot begins
The company's revenue dropped 63% in the third quarter, while a $127 million accounting gain helped turn an operating loss into a reported profit.…
Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
A 12person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time…
Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower. Source:CoinDesk
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…
Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
Bulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms. Source:CoinDesk
EU entity suspected of losing $106 million from crypto exchange accounts, ZachXBT says
The unidentified attacker moved funds through ether, instant exchanges and Monero, but the victim and affected exchanges remain unknown. Source:CoinDesk
NYSE taps Wall Street giant Broadridge to bring shareholder voting to tokenized stocks
A key provider of shareholder voting and corporate services on Wall Street, Broadridge will help bring investor rights onchain for the exchange's upcoming…
Brazil’s Mercado Bitcoin halts withdrawals after $40 million drained across 10 chains
The Brazilian exchange paused deposits and withdrawals after wallets on at least 10 chains were emptied, days after the $6.3 billion Binance hack.…
Nvidia, Costco and Nike join pushback against OKX–ICE tokenized stock plans
Nearly 70% of the companies initially picked for trading have opted out, while 19 firms including Apple, Tesla and Amazon have no disclosed objection as the…
Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss. Source:CoinDesk
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money. Source:CoinDesk