Binance says it has restored backing for 90% of assets affected by its $6.3 billion hack and is planning to resume withdrawals, subject to security checks.
Interest groups tied to cryptocurrency are spending millions to tilt the midterm elections. They had mixed success in 2024
Bloomberg Senior Editor for Technology and Strategic Industries Mike Shepard tells Bloomberg This Weekend that disappointing Big Tech earnings are intensifying investor concerns about whether massive AI spending will generate sufficient returns, as Alphabet and Intel come under particular pressure. Speaking with hosts David Gura and Lisa Mateo, Shepard also discusses the record $6.3 billion Binance hack and the possibility that North Korean hackers were responsible. (Source: Bloomberg)
A massive cyber heist of crypto exchange Binance is exposing some of the fragilities of the sector and reinforcing perceptions of the industry as a financial Wild West, critics warn.
Intercontinental Exchange joined forces with one of the market operators behind offshore crypto-trading platform Hyperliquid as it seeks to bring perpetual futures products into US regulated markets. ICE and Trade.xyz are planning a new market for trading perpetual futures contracts, with its own clearing, know-your-customer and anti-money laundering systems. Jeff Sprecher, Intercontinental Exchange Founder, Chair and CEO, joins Bloomberg Businessweek Daily to discuss the agreement, plus Friday's major tech selloff, the growing demand for perpetual futures trading, and more. Sprecher speaks with Tim Stenovec and Jess Menton. (Source: Bloomberg)
AO3, which hosts 18 million stories spun off from the likes of “Harry Potter” and “Heated Rivalry,” was taken offline after “an intrusion,” one of its founders said.
Plus, Binance executives are racing to cover billions in losses from the biggest crypto heist in history, and Ukraine struck a Russian oil refinery.
Akai teased its new MPC Sample Key on Instagram earlier this week, and said it plans to open-source its software so the modding community can hack it to their hearts' delight. While there's no word yet on when the device will launch or how much it will cost, The Verge has received exclusive images of […]
More than $6 billion in crypto was stolen from Binance, setting off a race to recover the funds before North Korea-linked hackers can launder them into cash.
Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker's struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant's accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in an attack that rocked the crypto world. (Source: Bloomberg)
The record-setting $6.3 billion hack of Binance, the world’s biggest cryptocurrency exchange, has been blamed on alleged North Korean hackers, who have become infamous for preying on the digital-asset industry.
Google parent company Alphabet saw a massive $500 billion stock plunge in its roughest day on record. Meanwhile, cryptocurrency exchange Binance was targeted in a $6.3 billion hack.
Hackers working for North Korea are suspected of hacking a Binance employee's laptop, which allowed the theft of billions in crypto.
Binance scrambles to freeze billions after record-breaking hack linked to North Korea.
Binance has been hit by what could be the biggest crypto hack ever - here's what we know so far
Multiple crypto-tracing firms say notorious North Korean hackers TraderTraitor may be behind the largest digital heist in history—with billions of crypto likely gone for good.
The Binance hack has thrust cryptocurrencies back into headlines - but what are they and how do they work?
Amazon and Intel worsen the sell-off with disappointing earnings releases
Cryptocurrency exchange Binance has been hit with a record $6.3 billion hack.
A group called the Department of Peace released information on more than 41,000 DHS staff.
