Headlines

Joseph Rees

Elon Musk’s SpaceX and Tesla Join Amazon in Opposing OKXICE Tokenized Stocks Plan

Key Takeaways Amazon, Tesla, Netflix, SpaceX, SoFi Technologies, and Lam Research are the latest companies to oppose OKXICE’s tokenized stocks plan, bringing the total number of objectors to 56. Of the 62 companies originally targeted by OKXICE, spanning 63 stocks, 49 have objected—approximately 79%—leaving just 13 without disclosed objections. Seven additional companies outside OKXICE’s original…

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Binance Says Fake Job Interview, Compromised AI Tools Led to $6.3 Billion Hack

Key Takeaways Binance detailed a months-long cyberattack that led to the theft of approximately $6.34 billion in cryptocurrency on Oct. 29, with hackers using fake job interviews, malicious software, and compromised AI tools to infiltrate internal systems. Attackers exploited wallet-signing infrastructure and Ethereum’s EIP-7702 mechanism to steal billions in assets, including bitcoin, XRP, and solana….

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Bitcoin ETFs Lose $399M as 2-Day Outflows Top $1.04B

Key Takeaways Bitcoin ETFs lost $398.62M on Monday, pushing 2-day outflows above $1.04B. Blackrock’s IBIT drove most bitcoin selling as ether lost another $139.80M. November begins with weak institutional risk appetite and little support from altcoin ETFs. Blackrock Drives $399M Bitcoin ETF Exit November began with institutional investors still clearing risk from their books. Bitcoin…

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Liquid Network Restores Its Bitcoin Reserves

Key Takeaways Liquid Network has fully replenished its bitcoin reserves, restoring 1:1 backing for LBTC. The September hack left a nearly 600 BTC shortfall after the attacker returned 3,400 BTC. Liquid Network plans governance changes and additional technical safeguards following the incident. “250 BTC added, closing out the remaining shortfall,” Samson Mow, Blockstream’s former chief…

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Statement of BlockShoals Technologies Inc. on the Binance Security Incident

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Manila, Philippines — BlockShoals Technologies Inc. (BlockShoals) is aware of the security incident recently disclosed by Binance and the temporary suspension of deposits and withdrawals. This is a press release submitted to BitPinas. According to…

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Binance Warns of Fake Compensation Offers as Withdrawals Resume

Key Takeaways Binance rejected paid withdrawal priority and compensation claim links. The completed proof lets customers check backing without exposing balances. Less liquid tokens account for the remaining 5% of affected assets to replenish. Fake Compensation Offers Accompany Withdrawal Restart Binance addressed potential fraud during its withdrawal restart following the $6.3 billion hack in a…

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BetterGov.ph, Creators Against Corruption Deploy AI-Driven Tools to Audit 2027 Philippine Budget

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Civic technology platform BetterGov.ph and advocacy group Creators Against Corruption launched a joint initiative on Oct. 30 to parse, track and visualize line-item allocations in the proposed 2027 National Expenditure Program through open-source data pipelines…

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