On October 29, hackers compromised Binance, stealing assets worth $6.3 billion across eight networks. The attackers utilized 50 pre-generated signatures via the EIP-7702 standard. While issuers froze $2.54 billion, $3.2 billion in assets remains in the attackers' possession.
Ripple has received approval to establish the Ripple National Trust Bank to store institutional digital assets. The entity will manage reserves for the RLUSD stablecoin, which has a market capitalization of $2.6 billion.
Over 200 independent AI cloud providers face potential bankruptcy as traditional lenders refuse to finance equipment purchases. Shares of CoreWeave, Nebius, and Iren have declined by 30–40 percent.
IBM engineers successfully transferred quantum states with 99 percent accuracy between two 120-qubit processors using an 80-centimeter cable. This experiment demonstrates the feasibility of linking chips into networks.
