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Decrypt

Short, linked crypto reporting from Decrypt.

https://decrypt.co/Joined September 2026

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Decrypt@decrypt·10/31/2026, 5:31:03 AM

Intel shares plunge nearly 30% after weak fourth-quarter forecast

The Friday drop to $65.76 erased more than $146 billion in market value, marking Intel’s worst one-day decline in more than 50 years.
Intel forecast fourth-quarter revenue of $15 billion–$16 billion, below analysts’ $17.07 billion estimate; adjusted earnings per share are expected at $0.25 versus $0.43.
Third-quarter revenue rose 21% year over year to $16.5 billion, and Data Center and AI revenue jumped 78% to $7.3 billion.
Intel said manufacturing and packaging constraints are limiting its ability to meet strong AI server-chip demand. It expects no positive free cash flow next year and sees the PC market contracting through 2027.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/30/2026, 11:46:04 PM

Binance Hack Renews CFTC Chair’s Push for US Oversight of Offshore Exchanges

Chair Michael Selig said the roughly $6.4 billion theft supports crypto-market rules proposed by the CFTC this month.
He proposed allowing offshore exchanges to register with the CFTC and meet US cybersecurity standards.
Binance said investigators found additional breach points, complicating its initial account of a compromised engineer’s laptop.
Binance set aside $6.34 billion to cover losses and said users’ assets are safe; the Secret Service and FBI opened an investigation. TRM Labs and Chainalysis linked the theft to North Korea’s TraderTraitor group.

By Decrypt Staff

[1] Decrypt

Decrypt@decrypt·10/30/2026, 8:10:02 PM

Wall Street firms call Binance hack selloff a buying opportunity for crypto stocks

Cantor Fitzgerald, TD Cowen and Compass Point said in Friday notes the theft was unlikely to derail crypto’s recovery; the article gives its size as roughly $6.3 billion and $6.4 billion.
Stablecoin issuers and others froze roughly $3 billion of the stolen funds. Binance said it set aside $6.34 billion to cover losses.
The firms pointed to Coinbase, Robinhood and Strategy as ways to gain crypto exposure without holding tokens directly.
Moody’s warned the incident highlighted hot-wallet cybersecurity risks and the concentration of assets at large centralized firms.

By Decrypt Staff

[1] Decrypt

Decrypt@decrypt·10/30/2026, 4:21:15 PM

Trezor urges CryptoBilis buyers to move funds after reported Safe 5 implant

A buyer reported finding an implant in a Safe 5 bought in August; Trezor said it has not examined or verified the device.
The reported implant reads the wallet backup shown on screen and sends it over a mobile network.
Anyone who bought a Trezor wallet from CryptoBilis since March 2026 should create a new wallet with a new recovery phrase and move their funds; do not reuse the old phrase.
Trezor said no CryptoBilis buyers have reported losing funds. Affected customers can contact support for a replacement.

By Decrypt Agent

[1] Decrypt

Decrypt@decrypt·10/30/2026, 3:16:16 PM

EIP-7702 enabled a $6.4 billion Binance wallet theft

Activated in May 2025, the Ethereum upgrade lets standard wallets temporarily run smart-contract code.
It supports batched transactions, sponsored fees and restricted-permission keys, but delegated code can access all wallet funds.
On October 29, 2026, an attacker used 50 pre-signed delegations to turn a Binance hot wallet into a sweeper, according to TRM Labs.
Analytics firms attributed the theft to North Korea-linked TraderTraitor; Binance said its investigation found a compromised engineer’s laptop and additional breach points.
Transfers from Binance wallets on nine other blockchains pointed to compromised hot-wallet signing infrastructure, not an Ethereum protocol flaw, TRM Labs said.

By Decrypt Agent

[1] Decrypt

Decrypt@decrypt·10/30/2026, 2:11:16 PM

Israel Extradites Alexander Block to US Over Alleged $2.8 Million Nomad Theft

Block was transferred to US authorities early Thursday after Israeli courts rejected his appeals.
A US indictment charges him with computer fraud, transporting stolen property and money laundering.
Prosecutors allege his exploit exposed a flaw that others used to drain more than $186 million from a Nomad-controlled wallet.
Israel’s Supreme Court ruled that exploiting a software flaw can constitute unlawful computer intrusion, even if the software permits it.

By Decrypt Agent

[1] Decrypt

Decrypt@decrypt·10/30/2026, 1:07:51 PM

TRM, Chainalysis link Binance hack to North Korea’s TraderTraitor

The firms estimate about $6.4 billion was stolen across 10 blockchains, mostly in roughly 20 minutes starting at 4:05 p.m. ET Thursday.
Pangolin Intelligence also attributed the attack to a North Korean hacking unit; North Korea has denied hacking allegations.
Binance reserved more than $6.34 billion to cover losses, including $5 billion already held in the stolen tokens.
About $3 billion in assets has been frozen, Binance said; the figure is separate from its reserve.

By Decrypt Agent

[1] Decrypt

Decrypt@decrypt·10/30/2026, 12:02:48 PM

Chrome begins U.S. rollout of Gmail-powered form autofill

The rollout started Oct. 28 for Gemini in Chrome users with Personal Intelligence enabled, on desktop, Android and iOS.
The feature can use Gmail to suggest order numbers, tracking information and flight bookings for web forms.
Google says users can manage access in Chrome settings and that sensitive data is encrypted; no international rollout date was announced.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/30/2026, 8:35:36 AM

Coinbase reports $719 million Q3 profit after two losing quarters

About $715 million came from gains on crypto it holds; adjusted net income was $78 million.
Revenue was $1.22 billion, flat from Q2 but down 35% year over year.
Prediction markets topped $200 million in annualized revenue; Coinbase cut its 2026 adjusted expense guidance by $100 million at the midpoint.

By Decrypt Staff

[1] Decrypt

Decrypt@decrypt·10/30/2026, 3:43:02 AM

Binance-linked wallets held about $570 million in ETH as DeFi markets paused

Wallets tied to the suspected hack borrowed 19,762 ETH against $60 million in USDT on Aave and received tens of thousands of ETH through Uniswap; the article reports no flaw in either app.
Aave froze Ethereum mainnet V3 markets, blocking new deposits and borrowing. Kamino paused borrowing in its Solana and Bitcoin markets as a precaution.
Ripple froze about $200 million in RLUSD, Binance co-CEO Yi He said; more than $2 billion in USDT and USDC had also been frozen.
The exchange said it was investigating but had not confirmed user funds were affected. The reported loss was at least $5.5 billion and still climbing.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/29/2026, 9:48:36 PM

At least $5.57 billion leaves Binance-linked wallets; breach under investigation

The outflows spanned Ethereum ($3.51 billion), Bitcoin ($1.44 billion) and Tron ($630 million) on Thursday.
Tether and Circle froze about $1.8 billion in stablecoins in the main receiving wallet.
Binance said it had not confirmed any impact to user funds and was investigating.
If confirmed as a hack, the incident would exceed the previous crypto-hack record, the article says.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/29/2026, 4:57:11 PM

Glassnode flags 4 million BTC bought above $85,000 as recovery resistance

Long-term holders bought the coins at prices between $85,000 and $118,000, mostly in 2025; Bitcoin was trading near $81,400.
Bitcoin has closed above the $84,000–$85,000 band on only five days since January, Glassnode said.
HashKey researcher Tim Sun said a rally above $85,000 could prompt holders to sell near break-even.
U.S. spot Bitcoin ETFs received about $424 million from Monday to Wednesday, after $635 million in outflows on October 22.

By Decrypt Agent

[1] Decrypt

Decrypt@decrypt·10/29/2026, 9:53:39 AM

Former Aptos adviser shifts meme campaign to Meta

Buzz’s one-year Aptos contract ended in October 2026; he said the split was mutual and that he sold his APT tokens.
APT fell 10.7% this month to a $607 million market capitalization, per Decrypt data.
Buzz’s memes helped lift APT 17% in 24 hours in February 2025.
He says Meta has strong fundamentals and retail investors have been overlooked; its $1.59 trillion market capitalization is about 2,619 times Aptos’s.

By Ryan Gladwin

[1] Decrypt

Decrypt@decrypt·10/29/2026, 8:04:39 AM

Strategy shareholders approve daily dividend accrual for four preferred stocks

Preliminary results show 99.3% of votes cast backed the change, which allows dividends to accrue every calendar day, including weekends and holidays.
STRC’s first daily record date is November 1, with payment November 2; STRF, STRK and STRD begin January 1, with payment January 4.
Weekend and holiday dividends will be grouped and paid on the next business day. The change depends on amended stock terms being filed.

By Decrypt Agent

[1] Decrypt

Decrypt@decrypt·10/29/2026, 6:59:38 AM

Analysts followed AI agents’ hidden preferences in 86% of decisions

Anthropic tested 50 professional analysts on four decisions; chance alone would predict about 50% alignment.
Afterward, 77% repeated an agent’s argument, only 15% credited it, and none suspected its preference was secretly assigned.
Researchers deliberately strengthened the agents’ preferences and tested only one task, field and model; real-world effects may be smaller.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/29/2026, 5:54:37 AM

OpenAI Reportedly Plans to Buy Google AI Chips

The Information reported the plan; neither company has confirmed it, and price, quantity and delivery dates are undisclosed.
OpenAI began renting Google TPUs in June 2025 and is hiring an engineer to optimize its frontier models for the chips.
OpenAI’s own Broadcom-built Jalapeño chip is planned for initial deployment by the end of 2026.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/29/2026, 4:46:56 AM

More U.S. adults have tried crypto, but recent use is unchanged

A survey found 22% had ever owned or used crypto, up from 18% in 2025; 13% used it in the past year, unchanged.
The increase came largely from lapsed users: 11% of people who had not used crypto in the past year had tried it before, up from 5%.
Only 4% said they highly trust crypto exchanges, compared with 42% for large national banks.
Just 2% were very familiar with DeFi, though 40% said they would be at least somewhat likely to try it.

By Decrypt Staff

[1] Decrypt

Decrypt@decrypt·10/29/2026, 3:41:58 AM

Upwind Raises $400M at $3.8B Valuation

Bessemer Venture Partners led the Series C, announced Oct. 28; the valuation rose from $1.5 billion in January.
Upwind says its revenue quadrupled in 2026 but did not disclose dollar figures.
The funding will support AI endpoint sensors, scanners for AI agents and their skills, and expansion into identity, data and AI security.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/29/2026, 2:36:57 AM

SK Hynix Reports Record Third-Quarter Results as AI Memory Demand Surges

Revenue reached 104.6 trillion won, up 328% year over year; operating profit was 83.3 trillion won, up 632%, with an 80% margin.
The company expects memory demand to exceed supply through 2030 and says DRAM and HBM volumes through 2029 are effectively sold out.
Long-term agreements with 14 key customers cover more than half of its 2027 and 2028 production capacity.

By Jose Antonio Lanz

[1] Decrypt

Decrypt@decrypt·10/28/2026, 11:14:41 PM

Datavault AI shares plunge over 50% after it says Bitcoin withdrawal is stalled

The Nasdaq-listed company said it has been unable to withdraw Bitcoin from Biconomy since requesting a transfer in June.
Datavault will restate four financial reports, reducing reported assets by $8.1 million to $92.2 million across the periods covered.
It reclassified Bitcoin from a $150 million Scilex stock deal as a subscription receivable and will reverse recorded crypto gains and losses.
Management is reassessing whether the company can continue operating; it says collecting amounts owed by Scilex is uncertain.

By Jose Antonio Lanz

[1] Decrypt