Inside the largest crypto hack on record: How attackers breached Binance for $6.3 billion
Investigators tie the $6B Binance hack to North Korea. Here's how hot-wallet signing infrastructure was compromised and where funds went.
infrastructure
16 articles
DeFi
Trezor reports suspected hardware implant in Safe 5 sold by CryptoBilis
Trezor urged CryptoBilis buyers to migrate funds after receiving a credible report of a hardware implant inside a Safe 5 device.
Smartbird’s CEO talks about converting a shoe company into an AI player
Smartbird CEO Nadia Carlsten at Business Insider's The Long Play. Carl Timpone / BFA Nadia Carlsten, CEO of Smartbird, spoke on the public company's shift from sneakers to AI. When…
Bitcoin
Bitcoin mining infrastructure firm Luxor raises $16 million to expand AI business
The company plans to expand its AI business and hire about 12 people by year-end, COO Ethan Vera told The Block.
A veteran tech investor says ‘doom and gloom’ over the AI boom is overblown, even though it has shades of the dot-com bubble
Paul Wick is the CIO of Seligman Investments. 12/08 There are clear parallels between the AI boom and the dot-com bubble, tech investor Paul Wick says. But solid demand, strong…
Phantom rolls out Kalshi prediction markets to US users, says it’s ‘confident and comfortable’ amid state lawsuits
Phantom users will fund trades with CASH stablecoins, with market restrictions applied in Michigan, Nevada and Washington.
Artificial Intelligence
Kevin O’Leary’s data center company pushes back on the ‘bragawatt’ label
Kevin O'Leary. Lev Radin/Pacific Press/LightRocket via Getty Images O'Leary Digital's CEO says a Wall Street firm's analysis misses work happening before construction. Paul Palandjian, the CEO, said the company's two…
Meta creates a new stock class to keep Zuckerberg in control
Meta wants to continue its "founder-led model" — so it's creating a new stock class. Bloomberg/Getty Images Meta established a new class of stock to ensure Mark Zuckerberg stayed as…
Meta narrows capex forecast as it leans into the AI agent wars
Meta, led by Mark Zuckerberg, has spent big on infrastructure for its AI development. Bloomberg/Getty Images Meta spent $34.91 billion in capital expenditures in its third quarter. The company is…
Dogecoin Labs launches as DOGE ecosystem seeks growth beyond meme-driven demand
Dogecoin Labs, backed by the Dogecoin Foundation, unites MyDoge, DogeOS and Such App to push DOGE into payments and DeFi.
Mining
CleanSpark and BitFuFu see bitcoin production slip in September as Canaan remains flat
CleanSpark is ending monthly mining reports, while BitFuFu faces uncertainty over its Ethiopia deal.
Ripple, Stripe-owned Privy partner to bring embedded wallets to XRP Ledger
Developers can now build XRPL wallets into apps via Privy, with support for XRP, RLUSD, AI agent payments and x402.
Ledger confirms hardware implant in CryptoBilis reseller units as MediaMarkt suspends sales in Europe
Ledger confirmed a hardware implant in CryptoBilis-sold devices steals recovery phrases, as MediaMarkt suspends sales.
Mining
Binance to shut down mining pool, cloud mining and related services
Binance said it will shut down its mining pool, cloud mining, and Pool Savings services on Nov. 10.
Transportation
States with the best and worst road quality, ranked
Part of the Tail of the Dragon road near the Tennessee and North Carolina border. Eifel Kreutz/Getty Images/iStockphoto Poor road conditions can cause more than just a dent in your…
Ledger investigates wallet drains involving CryptoBilis buyers; estimate tops $86 million in losses
Ledger said it is investigating reports of fund losses from users in Southeast Asia who bought its products from reseller CryptoBilis.
