Techmeme
October 30, 2026, 6:10 AM

Top News

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.
More: Decrypt, Wall Street Journal, CoinDesk, Binance, Reuters, CoinDesk, Decrypt, The Information, Engadget, Associated Press, Bloomberg, Gizmodo, CoinDesk, Bitcoin Insider, Bitcoin News, BleepingComputer, PCMag, Yahoo Finance, Fortune, Forbes, Cyber Security News, Techreport, Inside Bitcoins, Forkast, Bitcoin Magazine, ZeroHedge News, Security Affairs, CryptoSlate, Coinpedia Fintech News, Disruption Banking, Web3 is Going Just Great, Mashable, Blockhead, CoinGape, and Unchained
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.
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
South China Morning Post:
Amazon:
Amazon reports Q3 revenue up 12% YoY to $201.94B, vs. $202.31B est., net income down 2% to $20.7B, forecasts Q4 revenue below est.; AMZN drops 7%+ after hours  —  Operating income was $28.1 billion and operating margin was 13.9%—Amazon's highest operating margin ever AWS net sales increased 39.3% …
Annie Palmer / CNBC:
Katie Tarasov / CNBC:
Intel reports Q3 revenue up 21% YoY to $16.5B, vs. $16.5B est., and forecasts Q4 revenue and adjusted EPS below estimates; INTC drops 23%+ after hours  —  Intel shares plummeted more than 20% in extended trading on Thursday after the chipmaker issued a weak fourth-quarter forecast, citing continued softness in the global PC market.
Phoebe Liu / The Information:
Sources: Nvidia is in talks to provide Nscale with billions of dollars in credit guarantees for debt to develop a 460MW data center that Anthropic plans to use  —  Nvidia is in talks to provide Nscale, a young AI cloud provider, with billions of dollars in credit guarantees for debt to develop …
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 …
Sara Fischer / Axios:
Reddit plans to require users to log in to fully access the site in response to AI scraping, and to begin tests in select markets outside the US this quarter  —  Reddit on Thursday said it's moving to become a primarily logged-in experience, marking one of the most significant shifts in its 21-year history.
Reuters:
Polymarket resumes trading after a security incident with a third-party provider, which a source says is DebugBear, and says it will reimburse affected traders  —  Polymarket said on Thursday it had restored trading after a temporary halt prompted by a security incident involving a third-party provider …
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.
Stephen Morris / Financial Times:
Alphabet's stock falls 12.3%, wiping a record $500B from its market cap, after reporting negative cash flow amid its AI spending; the Nasdaq falls 1.4%  —  Google owner admits ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations

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More News

Vittoria Elliott / Wired:

Earlier Picks

Bloomberg:
Radhika Rajkumar / ZDNET:
John Collison / Cheeky Pint: