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Viral Altcoin Pumps and Dumps, PEPE Stays Green Amid the Market Sell-Оff: Bits Recap October 30

Here’s everything most interesting surrounding Q, PEPE, and Binance. The cryptocurrency market saw major volatility over the past week, with one altcoin hitting a brief record high before dropping sharply. The frog-themed meme coin PEPE also grabbed headlines, posting strong gains despite the broader market downturn, but the spotlight eventually shifted to Binance. The…

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Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia

Nvidia is in talks to guarantee billions in debt financing for AI cloud provider Nscale’s planned Anthropic data center in West Virginia, The Information reported Thursday. Bloomberg later corroborated the report. Anthropic has signed a $44.6 billion contract for the project’s first building alone, according to Nscale’s IPO filing. In essence, the chipmaker would be…

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Binance Hackers Deploy ‘Never-Seen-Before’ Crypto Laundering Tactics

Key Takeaways Recurring wallet activity suggests automated laundering of stolen assets. Stolen Binance assets mixed with funds from September’s Bitget theft. Attackers exchanged $325 million in stablecoins for $285 million in ether. Thousands of Transfers Point to Automated Laundering Blockchain analytics firm Chainalysis identified suspected automated laundering on Oct. 30 after a Binance theft it…

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