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October 30, 2026, 10:55 PM

Top News

Tom Westbrook / Reuters:
Image 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.
Financial Times:
Image Chainalysis says Binance hackers used automated money-laundering patterns not seen before; Elliptic: almost all of the $6.3B was taken in the first 30 minutes  —  North Korean hackers' attack on Binance takes crypto theft to an unprecedented scale  —  The largest financial theft in history took no more than 30 minutes.
Rajveer Singh Pardesi / Reuters:
Image Binance says it has reserved $6.34B+ in company funds, including $5B already held in impacted token assets, to deal with the fallout from the $6.3B hack  —  Binance said on Friday it has reserved more than $6.34 billion in company funds, including $5 billion already held in impacted token assets …
@binance:
The Block:
More: Binance, CoinDesk, Bloomberg, Reuters, Wall Street Journal, CoinDesk, Decrypt, The Information, Wall Street Journal, CoinDesk, Aave, Bloomberg, Yahoo Finance, Forkast, PaymentsJournal, The National, Forbes, Gizmodo, Security Affairs, Motley Fool, crypto.news, NBC Los Angeles, The Information, Associated Press, Mashable, Bitcoin Insider, Help Net Security, and Web3 is Going Just Great
LinkedIn: James Ang and Eric Leon
South China Morning Post:
George Steer / Financial Times:
Brody Ford / Bloomberg:
Image Alphabet, Meta, Microsoft, Amazon, and Oracle have a collective $3T+ in AI spending commitments over the coming years, including Alphabet's $1T and Meta's $800B  —  The five largest players in the data center race have committed more than $3 trillion in spending over the coming years …
Patturaja Murugaboopathy / Reuters:
Image Microsoft, Alphabet, Amazon, Meta, and Oracle returned just 9.3% of cash to shareholders in the first three quarters of 2026, a 15-year low amid AI spending  —  The biggest US technology companies generated record amounts of cash in the first nine months of 2026, yet returned the smallest share …
CNBC:
Image Intel stock closed down 28.58% on Friday, its worst day since the 1970s and wiping ~$12B off US government's stake, after issuing weaker-than-expected guidance  —  Intel shares plummeted 29% on Friday, their worst day since the 1970s, after the chipmaker issued weaker-than-expected guidance due …
Financial Times:
Image Sources: OpenAI now seeks ~$20B at a $1.25T valuation for its latest round, from $30B at a $1.4T valuation, as some investors cut commitments amid an AI selloff  —  ChatGPT maker is now seeking about $20bn at a $1.25tn valuation as it tempers its ambitions  —  OpenAI has slashed the target …
Berber Jin / Wall Street Journal:
Image Sources: OpenAI has secured ~$11B in commitments for its latest funding round, less than half its initial $30B target, and expects to raise more in coming weeks  —  The ChatGPT maker's latest funding round values it at $1.25 trillion, less than its $1.4 trillion target
Reuters:
Image OpenAI tightens limits on the weapons-related information that ChatGPT provides teens, even when a question appears harmless, as part of new safeguards  —  OpenAI said on Friday it is tightening limits on the weapons-related information ChatGPT provides to teens, even when a question appears harmless …
More: NewsMax.com
IDrive:
Image Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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Caleigh Keating / CNBC:
Image Reddit closed down 29.27% on Friday, the worst drop since becoming a public company in 2024, after it forecast weak Q4 revenue  —  Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report.
Kurt Schlosser / GeekWire:
Image Filing: Vancouver, WA-based Powerlattice, which makes a power delivery chiplet to reduce AI compute power needs by 50%+, raised $86M, after raising $31M in 2025  —  Powerlattice, a Vancouver, Wash.-based startup developing chips that cut the power demands of AI processors, has raised $86 million, according to an SEC filing on Friday.
More: Unite.AI

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Subquadratic:
Image SubQ Snap 1.1: the first long-context decision model for real enterprise work  —  Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Command Line:
Image GitHub Universe 2026: Highlights from the developer's developer conference  —  Copilot Fusion was the belle of the ball, but the hero at the heart of the two-day event was the developer community.
Zoho:
Image Introducing the new Zoho Analytics: Agentic analytics for every business  —  We're excited to announce the launch of the new Zoho Analytics!  This release marks a major shift for the product …
IDrive:
Image Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

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