Strive buys 15,124 Bitcoin in October to close gap on rivals
Summary: Strive purchased 15,124 Bitcoin in October, bringing its total holdings to 43,124 BTC and positioning it as the fourth-largest publicly traded corporate holder.
Summary: Strive purchased 15,124 Bitcoin in October, bringing its total holdings to 43,124 BTC and positioning it as the fourth-largest publicly traded corporate holder.
Summary: San Francisco Fed President Mary Daly expects further interest rate increases as Americans remain on a treadmill of high inflation, despite recent labor market strength.
Summary: Bitcoin fell below $75,000 on Friday after strong US jobs data raised December Fed rate hike expectations to 76.8%, diverging from a tech stock rebound.
Summary: South Korean exchange Gopax suspended trading and withdrawals Friday after receiving an unverified hacking threat, moving assets to cold storage with no reported losses.
Summary: Binance's $6.3 billion security breach has sparked scrutiny over its hot wallet management, as rivals disclose cold-storage ratios and experts question internal controls.
Summary: Binance and Polymarket proposed a Polygon hard fork to recover 70.49 million POL tokens worth $6.8 million stolen in recent security breaches, pending governance approval.
Summary: CERT-In warns that the CRAFTY FALCON threat actor uses AI to target crypto exchanges and fintech firms, exploiting APIs and draining funds.
Summary: Bitcoin traded at $80,099 on Wednesday after rebounding from election lows. A Democratic congressional sweep triggered $560 million in short liquidations.
Summary: Trader 0xA2 earned $917K after Democrats swept midterms, but most gains remain unrealized due to a 14% chance of an Alaska upset.
Summary: BitMine founder Tom Lee calls the market's calm response to the $6.3B Binance hack constructive, citing strong containment measures and minimal DeFi fallout.
Summary: Two months after a $320M exploit, the Liquid Federation confirmed 1:1 BTC backing for LBTC. Blockstream CEO Adam Back warned developers to scrutinize AI-suggested fixes.
Summary: Fed likely holds rates in Oct after Sept hike; Warsh avoids guidance amid 3.7% CPI and >7% mortgages. Futures show >80% Dec hike chance.
Summary: North Dakota's state-owned bank, managing $11 billion in assets, retains strong Republican support despite its socialist origins, recently facilitating a $150 million deal to save a coal plant and providing $500 million in agricultural aid.
Summary: Aon CEO warns that concentrated AI data center risks hinder insurance access, threatening debt financing, while the firm reports record project pipelines and expands capital pools.
Summary: Hershey lowered its 2026 organic sales growth forecast to 3% as consumers trade down from expensive chocolate to smaller packs and alternative candies amid persistent high prices.
Summary: Tom Lee argues AI stock selloffs have peaked due to tight supply, citing crypto's resilience to the Binance hack despite Intel's 30% share plunge from manufacturing constraints.
Summary: Proton faces user backlash and subscription cancellations after CEO Andy Yen reportedly called security testing "loser thinking" while mandating AI adoption, prompting a defensive engineering manifesto.
Summary: Bitmine buys 8,573 more ETH, reaching 4.9% of supply, while Chairman Tom Lee cites the muted market reaction to the $6.4B Binance hack as proof of crypto resilience.
Summary: French Senate adopts bill enabling automatic crypto tax data exchange under OECD CARF standards. The move aligns with DAC8 rules but raises security concerns over centralized data repositories amid rising physical attacks on crypto holders in France.
Summary: ECB Executive Board Member Piero Cipollone confirmed Europe's shift to T+1 securities settlement by October 2027. This transition drives post-trade modernization alongside new tokenization initiatives like Pontes and Appia, aiming to enhance financial infrastructure resilience and competitiveness through integrated digital and traditional systems.