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The Largest Crypto Heist Ever Poses a Challenge for Crypto Idealists
In possibly the largest heist ever, over $6 billion was stolen from Binance late last week. More than $3 billion of the cyrpto coin, Ethereum, was stolen. Ethereum (like Bitcoin) can't be frozen by a central authority. Once stolen, the…
Shop freezers in seven European countries hit by cyber-attack
The temperature of freezers in several shops across Europe reportedly rose to as high as 50C.
Bullish
Monday assorted links
1. Why is it now so common to be asked about your food allergies? (GPT Pro answer) 2. Training for alignment, applies principal-agent theory. 3. Do people offload empathy when they think AI can give it instead? 4. The Wallace line. 5. AI can draw blueprints now. 6. Ed Glaeser review of the new book […] The post Monday assorted links appeared first on Marginal REVOLUTION.
China publicly discloses plan for a lunar landing within three years
The plan does not include a mission similar to Apollo 8 or Artemis II.
Elon Musk Mocks Sam Altman Over Claim Home PCs Are Wasting RAM
The OpenAI CEO said it's "quite terrible" for DRAM to sit largely idle in personal computers while AI data centers face a supply crunch.
Trump promised a steel mill in this rural Iowa region. But is it all a midterm election ploy?
Residents would welcome the development, but the president’s past false promises cast doubt on the proposal On a Monday afternoon in late September, Donald Trump gathered Iowa Republicans in the Oval Office to make a big announcement: the firm Mesabi Metallics would invest $15bn to make the midwestern state the site of the largest steel mill in the country. One month later, and just days before…
Brazil's Largest Exchange Mercado Bitcoin Halts Withdrawals After $40 Million Hack
Brazil's largest crypto exchange paused deposits and withdrawals after a security incident. Tether froze more than 4.5 million USDT tied to the attack.
BTC-USDBearish
US Treasury auction changes loom in 2027; dealers eye long-end cuts
Bearish
Jailbreaking my car's navigation system just so I can change the time
Article URL: https://blog.nns.ee/2026/11/02/renault-hack/ Comments URL: https://news.ycombinator.com/item?id=50339288 Points: 903 # Comments: 340
Bitmine Buys More Ethereum as Tom Lee Calls the Binance Hack Bullish
The chairman laid out six reasons the market’s “muted” 4% ETH drop after the record Binance theft shows crypto is “increasingly resilient,” as the firm’s stash neared its 5% supply goal.
ETH-USDBullish
Adviser links: a borrowing binge
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at...
Too late to enter Energy or Healthcare?
I was in energy the beginning of the year, switched to tech (bad idea) now seeing healthcare and energy run, is it too late to enter these sectors? https://imgur.com/4NCbJGE https://imgur.com/8g6B1Ae submitted by /u/brian-augustin [link]…
Marvell to buy Lumentum in all-stock deal, a massive bet on AI connectivity
Marvell Technology on Monday said it will buy optical components maker Lumentum to address growing connectivity demands from the artificial intelligence infrastructure buildout. Since the tie-up is a fixed ratio deal with no cash, the…
My favorite new proprietary measure is "Econvitals Underlying Unit Labor Costs". It blends five wage measures (weighted by inverse variance), re-means to match PCE and adjusts for how productivity…
My favorite new proprietary measure is "Econvitals Underlying Unit Labor Costs". It blends five wage measures (weighted by inverse variance), re-means to match PCE and adjusts for how productivity growth different in this cycle than the past. Consistent with ~2% inflation now.
Bullish
How T7X Is Building the Infrastructure for a New Era of Capital Markets
T7X records ownership directly on-chain instead of wrapping assets held elsewhere, keeping token and asset under one legal framework.
Gas prices to hit record high on eve of midterms in blow to Trump — The price of fuel has skyrocketed since Trump’s attacks on Iran as the Strait of Hormuz remains largely closed
Bullish
Tomb Raider’s creators on how the game changed their lives: ‘Skint staff were suddenly pulling up in sports cars’
‘Giving Lara Croft pistols meant we could show off her acrobatics. And when she goes to Peru, we threw in a T rex!’ I joined Core Design in the summer of 1994 and met Toby Gard, who showed me his concept sketches for Tomb Raider. He’d already come up with the title and drawn a mock-up box cover with a woman holding two pistols. Continue reading...
Anthropic Reports 1,127% Revenue Surge, $895 Billion in Commitments
Anthropic reported Q3 2026 revenue of $17 billion, representing 1,127% year-over-year growth, according to SEC filing headlines. The AI company reported a $567 million operating loss, alongside $2.5 billion in adjusted operating income…
Bullish
Transcript: Rich Steinmeier LPL CEO on The Future of Financial Advice
The transcript from this week’s, MiB: Rich Steinmeier LPL CEO on The Future of Financial Advice, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ MASTERS IN BUSINESS Rich… Read More The post Transcript: Rich Steinmeier LPL CEO…
Anthropic's IPO: Can unprecedented revenue growth outrun 'irresponsibly large' investment?
Based on this review of Anthropic's S1, looks like the bull vs bear case is: How long do you extrapolate high, unprecedented revenue growth rates and customer retention rates? Do open models and current usage restriction trends become a…
Bullish
Fujifilm to boost tape production 5x as AI fuels archiving demand
Article URL: https://arstechnica.com/gadgets/2026/10/fujifilm-to-boost-tape-production-5x-as-ai-fuels-archiving-demand/ Comments URL: https://news.ycombinator.com/item?id=50336918 Points: 519 # Comments: 221
Bullish
Chinese cigarettes and Bolivian beer: the Amazonian town transformed by a rampant mining boom
Mayaya, once-remote, has become a hub for Chinese companies. But critics accuse them of exploitation and illegal exports The pork belly hits the oil with a sizzle, and a rich aroma of soy sauce and caramelising sugar fills the kitchen. Zhang Changchun, a middle-aged man from China’s Heilongjiang province, is cooking dinner for his friends on a warm evening in Mayaya, a small town in the Bolivian…
Talk Your Book: Diversifying the AI Trade
On today's Talk Your Book we speak with Brian Griggs from Nuveen about how they help financial advisors build better portfolios, dealing with AI-related volatility, when to rebalance, the opportunity in bonds, private markets and more. The post Talk Your Book: Diversifying the AI Trade appeared first on A Wealth of Common Sense. ...
Stocks making the biggest moves premarket: CrowdStrike, Rivian, Micron & more
These are the stocks posting the largest moves in early trading.
Reddit beat its guide and grew revenue 53%, then had its worst day ever (−29%). The 10-Q shows why: US daily users fell 5% in one quarter, all of it logged-out (search) visitors
Reddit reported Q3 after the close on 10/29. Against its own guide it beat again: revenue $895m (guide $860–870m), up 53% year over year; adjusted EBITDA $402m (guide $385–395m); net income $283m. The stock went from $129.60 to $91.73 on…
Bullish
FIFA Quietly Paid Millions in Gianni Infantino’s Taxes
FIFA promises to disclose its executives’ compensation. But its under-fire president received tax benefits that were never made public, according to documents and interviews.