Business / Finance
We have the most powerful technology in history, and we’re using it to stop hiring young people
Point AI at the grid, water and health costs instead.
Bitcoin steadies after dip to $76,300 as ETF outflows and midterm elections weigh on crypto
Bitcoin edged up 0.2% to around $76,900 since midnight UTC as spot ETFs lost $399 million for a second day and Binance customers pulled a net $4.72 billion.
Liquid Network Restores Full Bitcoin Backing Two Months After $320M Exploit
Blockstream CEO Adam Back said the sidechain's defenses have been hardened, and warned developers not to trust AI-suggested fixes blindly.
Proposal for free bus service scrapped
The one-year free bus service pilot was initially put forward as an amendment to next year's budget.
'Quiet quitting' could be hitting the economy - here's why
Britons have become less engaged with the jobs they do and are less willing to put in extra effort, a report has found.
Liquid’s bitcoin IOUs are fully backed again after a $320 million exploit
A final 250 BTC transfer closed the hole left by September’s bug, but the federation behind the network still hasn’t said who paid to fill it.
Anthropic’s third quarter results mean IPO math and history are not on its side, analysts say
A lot has to go right for investors to earn an above-market return even if Anthropic prices well below the $1.5 trillion to $2 trillion it is seeking
‘In the trenches’: Wisconsin’s struggling small businesses could turn a Trump ally’s district blue
Affordability and small businesses’ economic woes feature heavily in the House race for Wisconsin’s third districtAfter 18 years in business, Erin Klaus is closing her storefront,…
China and Russia have hypersonic missiles. This $13 billion startup wants the U.S. to catch up
In 2022, Bryon Hargis, Andrew Kreitz, and Sean Pitt—all previously SpaceX executives—cofounded Castelion to help close America’s hypersonics gap. The company’s now valued at $13 b…
What Apple CEO John Ternus isn’t talking about: “The biggest risk to the Apple ecosystem”
Everything you need to know before you reach the office this morning.
France postpones 2027 budget vote, crypto exit-tax proposals scrapped
The National Assembly postponed the vote on the budget’s revenue section for the second time, while the Nov. 17 deadline for the first reading examination nears.
HPE’s CEO says his company has ‘zero exposure’ to AI’s financing web
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North Korea Denies $6.3B Binance Hack, Calls FBI Finding a 'Political Provocation'
Kim Yo Jong suggested the U.S. itself could be behind the theft, as Binance said hourly deposits had begun to exceed withdrawals.
Tether holds 150,000 bitcoin worth $11.5 billion, CEO Paolo Ardoino says
Ardoino didn’t say where the extra coins sit. Holdings outside USDT reserves, such as Tether’s investments, wouldn’t appear in the report.
Bitcoin price threatens $77.7K support loss with recent buyers underwater
Bitcoin fell below the realized price of the one-to-three-month-old buyer cohort in a move that risked flipping it to new resistance.
Live news: Bitcoin faces fifth weekly loss as midterm elections weigh on markets
A fifth straight weekly decline would mark bitcoin’s joint third-longest losing streak, as oil rebounds and Apple’s margin warning adds to investor caution ahead of the U.S. midte…
Drivers may get compensation offers before car finance saga ends
The regulator says it supports lenders offering early compensation offers, as long as they are fair.
Asda appoints former Morrisons boss as chief executive as sales struggle
David Potts to take over immediately, as executive chair Allan Leighton steps back to non-executive strategic roleBusiness live – latest updatesAsda has appointed the 69-year-old …
North Korea denies role in $6.4 billion Binance hack after FBI points to TraderTraitor
The high-profile denial follows FBI alerts identifying North Korean-controlled wallet addresses tied to the largest cryptocurrency exploit in history.
Mercado Bitcoin pledges to cover all user losses after near $40 million hack
Partners like Tether, Circle, and Chainalysis helped freeze $11M of the stolen assets.
Bitcoin’s price chart is flashing a red signal
The Guppy Multiple Moving Average bands signal a bearish momentum, even as seasonality and post-midterm history lean bullish.
ARK buys $17M in Coinbase, Circle shares while trimming Bullish
ARK Invest added Coinbase and Circle shares across two trading sessions while selling about $8 million in Bullish as crypto stocks declined.
Virgin Media O2 to cut thousands of jobs as it plans £800m cost savings
Up to 25% of 16,000 workforce could go as telecoms group says it will increase use of AI in areas including customer serviceBusiness live – latest updatesVirgin Media O2 is to cut…
Suspected EU crypto theft estimate rises to $133M: ZachXBT
ZachXBT identified another $27 million in exchange withdrawals, some of which occurred after he first flagged the suspected crypto theft.