| Tom Westbrook / Reuters: |
TRM Labs attributes the Binance hack to North Korea-based TraderTraitor, which drained ~$6.36B from Binance wallets across 10 blockchains, mostly in ~20 minutes — North Korean hackers were behind a $6.3 billion raid on cryptocurrency exchange Binance, according to US blockchain analysis firm TRM Labs.| The Block: |
Binance says initial investigation suggests a compromised DevOps laptop may have enabled a ~$6.3B hack; Tether froze 1.5B+ USDT and Circle froze 800M+ USDC — Onchain data shows about $3.55 billion in incoming transfers to the unlabeled wallet, with nearly $900 million subsequently moved across other wallets.| Rajveer Singh Pardesi / Reuters: |
Binance says it has reserved $6.34B+ in company funds, including $5B already held in impacted token assets, to deal with the fallout from the $6.3B hack — Binance said on Friday it has reserved more than $6.34 billion in company funds, including $5 billion already held in impacted token assets … | George Steer / Financial Times: |
Binance “temporarily suspended” all deposits and withdrawals as it investigates security issues and works with law enforcement; Binance.US says it's unaffected — Tether and Circle freeze billions of dollars' worth of their coins as world's largest crypto exchange investigates security issue| @binance: |
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Binance pledges to cover all losses from a ~$6.3B hack, potentially the largest crypto theft ever, surpassing the $1.5B Bybit hack in February 2025 — Binance, the world's largest cryptocurrency exchange by trading volume, has pledged to cover all losses from a hack that it said drained around US$6.3 billion from its wallet.| Katherine Doherty / Bloomberg: |
NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets with Trade.xyz, a market operator on the crypto platform, and takes a stake in Trade.xyz — Intercontinental Exchange Inc. joined forces with one of the market operators behind offshore crypto-trading platform Hyperliquid … | Financial Times: |
Inside Nscale's 2,250-acre, 8GW Monarch Compute Campus in West Virginia, which has been hit by construction issues, local opposition, and financing risks — Nvidia-backed neocloud bets on West Virginia data centre campus hit by construction issues, local opposition and financing risks — NEW| Sebastian Herrera / Fortune: |
On Amazon's earnings call, Andy Jassy says outside AI shopping agents are “still not great, nor more convenient than coming to a retailer directly” — Amazon Chief Executive Andy Jassy told investors Thursday not to worry about bots invading its online store and rendering it useless.| Amazon: |
| Annie Palmer / CNBC: |
| Matt Day / Bloomberg: |
| Kevin Collier / NBC News: |
CrowdStrike: China-linked hackers used AI tool ARTEX with a DeepSeek LLM and another model to target 200+ organizations in 11 days, compromising at least nine — Chinese state-linked hackers targeted more than 200 organizations in just 11 days, using AI to attack governments and businesses worldwide, according to CrowdStrike.| Jonathan Vanian / CNBC: |
Reddit reports Q3 revenue up 53% YoY to $895M, vs. $878M est., DAUq up 12% to 130.3M, below est., forecasts Q4 revenue below est.; RDDT drops 25%+ — Reddit plans to require all users to create official accounts to access the social media platform, marking a major departure for the site known as “the front page of the internet.”| Sara Fischer / Axios: |
| Anna Nicolaou / Financial Times: |
Sources: Spotify aims to launch its AI remix service in Q1 2027 and may charge $4-$5/month extra; it is still negotiating licensing deals with Sony and Warner — Streaming service plans to charge users up to $5 a month to use the feature — Spotify is targeting an early 2027 launch … | Reuters: |
The UK CMA opens a probe into whether Meta imposed exploitative terms on publishers and advertisers to use their content to develop its AI and other services — Britain's competition regulator on Friday said it has opened an investigation into whether Meta (META.O) was imposing exploitative terms … | Margaux MacColl / Resilience Media: |
Salesforce acquires Rune, which makes AI military logistics software, sources say for $375M in cash and stock; Rune raised $30m from a16z and others — Salesforce is acquiring defence tech startup Rune Technologies for $375 million in a combination of shares and cash, according to two sources familiar with the matter.| The Information: |
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27% — Chinese AI star DeepSeek's nearly $16 billion funding round this month involved not only a deluge of capital but a who's … | Sam Tobin / Reuters: |
London's High Court dismisses Meta, TikTok, and X's challenge to Ofcom's Online Safety Act information requests, rejecting arguments they were disproportionate — Meta (META.O), TikTok and X lost a legal challenge against British regulator Ofcom on Friday over information requests made under … | Marina Temkin / TechCrunch: |
Dream, which is training AI world models on US building data to automate construction design and engineering, emerges from stealth with a $17M seed led by a16z — Andy Alder and Arjun Mather were Stanford roommates who both studied computer science before spending a decade at Palantir.| Ian Krietzberg / Puck: |
FEC data: AI-oriented PACs spent nearly $80M on the 2026 US elections, mostly before the primaries; pro-regulatory PACs outspent Leading the Future's network — To almost everyone's surprise, pro-regulatory PACs have outspent pro-industry groups in the midterms as the A.I. accelerationists seemingly took their foot off the pedal.| Tamara Djurickovic / Tech.eu: |
Ravical, whose AI-powered platform helps accounting and tax firms manage their operations, raised a $17M seed led by MMC, bringing its total funding to $25M — As AI transforms the accounting industry, Ravical aims to help firms turn individual expertise into shared knowledge … | Bloomberg: |
NAND maker Kioxia reports FY Q2 operating profit up 22x YoY to ~$12.7B, in line with est., but forecasts Q3 operating profit of ~$12.7B, below ~$14.9B est. — Kioxia Holdings Corp. delivered a profit outlook that trailed estimates, warning that an AI-fueled surge in flash memory chip prices …
GitHub Universe 2026: Highlights from the developer's developer conference — Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Introducing the new Zoho Analytics: Agentic analytics for every business — We're excited to announce the launch of the new Zoho Analytics! This release marks a major shift for the product …
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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