Headlines

Binance Loses $6.3Bn in Largest Crypto Theft Ever as Tether and Circle Freeze $2.6Bn: What We Know About Binance Hack

Hackers took about $6.36 billion from Binance’s hot wallets on ten blockchains on Thursday, October 29, in the largest crypto theft on record, a Binance hack the exchange says began with an engineer’s compromised laptop. Most of it was gone in about 20 minutes. Tether and Circle froze about $2.6 billion of stolen stablecoins within…

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This Is What Binance Has Done Following $6.3B Hack

The exchange revoked affected address authorizations and is working with law enforcement and blockchain firms to trace and recover assets. Binance co-CEO Richard Teng told the exchange’s customers that the company will cover all losses after a security incident estimated to have impacted $6.3 billion. Additionally, Binance has conceded that the compromised laptop, which…

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Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune

Salesforce has agreed to acquire Rune Technologies, a startup that builds AI software to help the U.S. military predict supply needs and manage logistics from the field, for $375 million in cash and stock, Resilience Media reported. The acquisition underscores Salesforce’s push into defense tech through Missionforce, its business unit serving national security and defense…

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