Hackers plundered $6.3 billion from Binance digital wallets after breaching an engineer's laptop, prompting co-CEO Richard Teng to announce the exchange will cover all losses using SAFU reserves and company funds.
The tape Tech Brew Ride Home · Oct 30
“The hackers plundered $6.3 billion from the exchange's digital wallets by breaking into a Binance engineer's laptop, among other breaches, Binance said.”
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Big Technology Podcast · Big Tech's Ugly Week, Getting Rich At Anthropic, AI Costs PlungeOct 30
As Anthropic prepares for what could be the biggest IPO in history, new S-1 disclosures reveal $800 billion in long-term cloud commitments and compute revenue rising to $2.08 per dollar spent.
The Vergecast · The delightfully messy state of Apple gadgetsOct 30
Search referrals to Reddit dropped by over 1 million per week in October as Google expanded its AI mode, leading Reddit CEO Steve Huffman to warn that AI search no longer drives web traffic.