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The Morning Risk Report: Binance Resumes Withdrawals After Suffering Biggest-Ever Crypto Hack
Plus: Former BizJet salesperson admits to bribing Latin American officials, and what does the Weil Gotshal implosion mean for the law industry?
6 sourcesThe Wall Street Journal BBC The New York Times The Guardian Investing.com CoinDesk 10 min ago - 2
Anthropic seeks up to US$3.5 billion in Japan for its mega US IPO
This makes Japan one of the few markets that have direct access to the IPO.
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Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss.
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Oil tumbles on hopes for US-Iran talks
Prices extend decline after Iran’s president said the country’s supreme leader had given officials certain authority over talks
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Oracle Looks to Raise $20 Billion to Fund AI Ambitions
The software company is selling $10 billion in common stock and $10 billion in bonds, according to separate filings with the Securities and Exchange Commission.
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What caused the $6.3bn Binance hack?
Blockchains are not the problem; it is the ecosystem around them that has introduced technological vulnerabilities
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Oil Down More than 6% on Middle East Diplomatic Breakthrough Hopes
Oil and gas prices slid even further in early U.S. trading on rising hopes for a diplomatic breakthrough in Middle East peace talks.
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Crude oil prices plunge more than 7% on Iran peace talk hopes ahead of U.S. midterms
Oil fell Monday, amid news that both the U.S. and Iran are pursuing diplomacy amid ongoing Mideast tensions
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Binance Reports $3.64 Billion in Outflows as It Resumes Normal Transactions
The cryptocurrency exchange saw an immediate uptick in customer withdrawals, following the theft of $6.3 billion in tokens that has been linked to North Korea.
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SpaceX has big wireless dreams — and Boost Mobile may be its shortcut
In recent weeks there has been intense speculation surrounding SpaceX’s ambitions in the cellular market with multiple acquisition targets suggested.