Business
How Does Crypto Proof of Reserves Work for Exchanges?
Crypto exchanges track roughly $192 billion in reserve assets using digital wallet signatures and Merkle sum trees, though the SEC warns these snapshots omit corporate debt.
Business
Binance Reopens Bitcoin Withdrawals in Phase One After $6.3B Hack
Binance reopened Bitcoin and major token withdrawals between 06:00 and 09:00 UTC on Sunday after covering up to $6 billion of Thursday's $6.3 billion hack using company reserves.
Business
Nasdaq Drops 2.86% and Bitcoin Slides Below $77,400 in AI Tech Rout
The Nasdaq Composite dropped 2.86% to 25,437.00 and the S&P 500 lost 1.82% as nearly $1 trillion vanished from US stocks and Bitcoin fell below $77,400.
Business
Binance Freezes Withdrawals Until Sunday After Record $6.3 Billion Hack
Binance suspended all deposits and withdrawals until Sunday after a record $6.3 billion hack hit its hot wallet on October 29, with roughly $3 billion frozen on-chain so far.
Business
How Do Geopolitical Conflicts Affect Domestic Gasoline Prices?
Crude oil made up 51.4% of the $3.10 average US gallon of gas in 2025, and every $1 per barrel jump in crude adds about 2.4 cents per gallon at the pump.
Business
US Q3 GDP Grows 3.4% Past Forecasts as September PCE Inflation Hits 3.6%
Third-quarter U.S. GDP grew at a 3.4% annual pace on surging equipment investment, even as a 9.2% spike in energy goods pushed September PCE inflation to 3.6%.