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Bitcoin Is Bouncing Back—Here are 2 Ways to Play the ReboundStrategy NASDAQ: MSTR reported record third-quarter results as Bitcoin’s price appreciation drove a $20.9 billion fair-value gain on its digital assets, while the company continued expanding its Bitcoin reserves and capital base.

Chief Financial Officer Andrew Kang said Strategy held 848,517 Bitcoin as of the company’s update, following a net addition of 1,666 Bitcoin during the quarter. The company ended September with more than 847,600 Bitcoin valued at about $71 billion, after Bitcoin rose from roughly $58,700 at the beginning of the quarter to about $83,600 at quarter-end.

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Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?Strategy reported operating income of $20.9 billion, net income of $19.1 billion and diluted earnings per share of $44.75. Kang said the quarterly operating and net income figures were the highest in the company’s history.

Bitcoin Holdings and Capital Position Strategy said its Bitcoin and U.S. dollar reserves totaled approximately $74 billion as of Oct. 23, comprising $68.9 billion in Bitcoin and $5.1 billion in U.S. dollar assets. The company said its Bitcoin holdings represent about 4% of all Bitcoin that will ever exist and described itself as the world’s largest institutional Bitcoin holder.

Strategic Strike: Strategy Deploys $370M to Fortify BitcoinDuring the third quarter, Strategy raised approximately $5.4 billion of total capital, bringing its year-to-date capital raised to $21.2 billion. Cash and short-term investments rose to just under $5.9 billion at the end of the quarter, including $5.8 billion in total dollar-denominated assets.

Kang said the dollar assets provide more than sufficient liquidity to meet interest and dividend payments and support the company’s Bitcoin treasury operations. Strategy reported about $6.7 billion of convertible debt outstanding and $13.3 billion of preferred stock at notional value. It estimated its net reserve at about $53.9 billion, or roughly $67.3 billion excluding out-of-the-money convertible debt.

The company said its dollar assets covered 3.4 years of current interest and dividend obligations, while its combined Bitcoin and dollar reserves represented 49 years of coverage. Kang said Strategy’s net leverage was approximately 2.4% and its net asset value multiple was 1.15x as of Oct. 23.

Leadership Transition Kang announced that he will step down as CFO effective Nov. 5 for personal reasons, ending a four-and-a-half-year tenure in the role.

President and Chief Executive Officer Phong Le said he will resume the CFO and principal financial officer roles through the remainder of 2026. Beginning in January 2027, Strategy plans to divide financial oversight between its software and Bitcoin operations.

Reza Virasteh, who currently leads operations and previously worked in finance leadership and financial planning and analysis, will become principal financial officer for the software business. Le will serve as principal financial officer for the Bitcoin business while remaining CEO. Investor relations and product leader CJ and treasury leader Shirish will report directly to Le, he said.

Preferred Dividends and Digital Credit Strategy Shareholders approved a proposal to move Strategy’s preferred-equity dividends to daily record and payment dates, with 99.3% of votes cast supporting the amendment. Daily dividends for Stretch, or STRC, are scheduled to begin with a Nov. 1 record date and Nov. 2 payment date. Strife, Strike and Stride are expected to follow in January.

The annual dividend amounts will not change. Strategy said the more frequent payments are intended to reduce volatility, improve liquidity, broaden investor demand and make its preferred instruments more compatible with tokenized products and around-the-clock markets.

Le said the company repurchased approximately $2 billion of Stretch during the quarter and had $957 million of remaining repurchase capacity. Stretch closed at $99.99 on the day of the call, near its $100 par value, after trading as low as approximately $75 in late June, according to Le.

Strategy also has a $1 billion repurchase authorization for MSTR common shares, though Le said the company had not used any of that authorization. He said the company’s principal method of acquiring additional Bitcoin going forward would be issuing digital-credit instruments and using the proceeds partly for Bitcoin purchases, while maintaining dollar reserves.

Le said Strategy’s digital-credit market has grown to about $16 billion across six issuers in roughly 22 months. He characterized the company’s preferred securities as an effort to combine Bitcoin-backed reserves with dollar liquidity into products designed for credit investors seeking yield.

Management Outlook on Bitcoin and Tokenization Executive Chairman Michael Saylor said management believes Bitcoin is entering a bull market, citing growing Bitcoin market dominance, institutional demand, banking adoption and the anticipated 2028 Bitcoin halving. He said Bitcoin exchange-traded funds recorded approximately $6.3 billion of inflows in the third quarter.

Saylor also pointed to what he described as rising bank engagement with digital assets. Strategy’s internal tracking showed banking adoption at 34%, compared with 24% in December 2025 and 9% in December 2023, though he did not provide details on the methodology.

Management expects tokenization to become an important channel for Strategy’s common and preferred securities. Saylor said the company is working with market participants and monitoring regulatory developments, but did not provide a timetable for offering company-issued tokenized securities to U.S. investors.

“The U.S. capital markets have not converged on a tokenizing standard and a set of norms yet,” Saylor said, adding that he expects standards and frameworks to evolve over the next 12 months.

Le said Strategy’s objective remains to double Bitcoin per share over seven years through the use of digital credit. The company reported Bitcoin per share of more than 187,700 satoshis as of Oct. 23, compared with about 56,600 satoshis at the end of 2020.

About Strategy (NASDAQ:MSTR)Strategy, formerly known as MicroStrategy, Incorporated NASDAQ: MSTR is a global provider of enterprise analytics and mobility software. The company’s flagship platform offers business intelligence, data discovery, and advanced visualizations that enable organizations to analyze large volumes of data and deliver actionable insights. In addition to traditional on-premises deployments, Strategy provides a range of cloud-based services and managed offerings that allow customers to leverage the power of its analytics tools without managing complex infrastructure.

Founded in 1989 by Michael J.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Data: Address Linked to Suspected Binance Exploit Borrows ~19,800 ETH from Aave

Most altcoins fell more than BNB, with major tokens including LDO, CRV, YFI, and IMX declining by 13% to 20% on average.

After today’s security incident at Binance, BNB briefly dropped below $700 and is now trading at $712, marking a roughly 5.2% 24-hour decline. However, most major altcoins saw steeper drops than BNB, with large and mid-cap altcoins under notable pressure. Per HTX market data, SUPER fell ~22.06%, RSR ~21%, PHA ~20.59%, GTC ~19.92%, CVX ~19.87%, IMX ~17.89%, YFI ~15.53%, EIGEN ~15.43%, PYTH ~15.38%, CRV ~15.29%, LDO ~13.97%, W ~13.95%, and ZK ~13.51%.

5 minutes ago

Caldera has frozen the ERA tokens held by the Binance attacker.

RaaS platform Caldera announced via Twitter that it has taken emergency measures to introduce a freeze function into its Caldera token contract on the Ethereum mainnet, and has frozen the address of the Binance attacker. Subsequent tests confirmed that the ERA tokens held by the attacker are now non-transferable.

5 minutes ago

Gemini co-founder: Zcash does not need to redesign its governance mechanism, as its core mission is privacy.

Gemini co-founder Cameron Winklevoss posted on X, stating Zcash does not need to redesign its governance mechanism, noting stakeholder voting systems have operated in capital markets for centuries, with token holder voting being merely its on-chain equivalent. He stressed experimental governance is not Zcash’s core mission—privacy is its priority—and called for an end to the Zcash Community Grants (ZCG) and the interference and goal misalignment it brings. Earlier, the Winklevoss brothers’ Winklevoss Asset filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Winklevoss Zcash ETF. The ETF will hold ZEC directly, plans to list on Nasdaq under the ticker WINK, carries a 0.25% fee, and has Gemini Trust Company as its custodian.

5 minutes ago

Anthropic’s New Security Measure: Claude Reviews Chat Histories in the Background After Each Response

Beating AI Express reports that Anthropic has unveiled a security mechanism called "Self-Assessment". Since June this year, after Claude responds to users, it will also review the conversation in the background to identify abuse risks such as fraud and cyberattacks, and assign a corresponding risk level. Users are not aware of this process, and the system will not immediately block responses based on the results.
Previously, Anthropic relied primarily on additional security classifiers to identify violations. Now, Claude can leverage the context of the conversation it has just processed to conduct its own preliminary review. On average, this only requires generating about 10 extra tokens, with additional inference computing power accounting for less than 2%.
This mechanism has already uncovered issues missed by traditional security systems. In August this year, a single API client triggered over 100,000 risk alerts related to child sexual exploitation. In September, the system detected that someone was using Claude Code to automatically carry out romance scams targeting dozens of victims. After an investigation, Anthropic banned the relevant accounts and reported the first incident to U.S. authorities.
However, Claude does not always detect malicious behavior. In 24 cyberattack tests where conventional protections were disabled, Anthropic attempted to use Self-Assessment for real-time blocking, yet 13 attacks still succeeded. Therefore, the mechanism is currently primarily used for post-incident monitoring rather than real-time blocking of user actions.

5 minutes ago

Binance hackers have sold altcoins worth approximately $158 million, converting all of them into 70,480 ETH.

On-chain analyst The Data Nerd has tracked that the Binance hacker has sold altcoins worth roughly $158.25 million, converting all proceeds into 70,480 ETH. The sell-off breakdown is as follows: 7.02 million UNI (~$39.63 million), 217.5 million ENA (~$33.93 million), 7.77 trillion PEPE (~$31.66 million), 2.57 million LINK (~$26.05 million), 127,953 AAVE (~$14.27 million), 21.85 million ONDO (~$6.62 million), and 17.32 million WLD (~$6.09 million). All of the altcoins held by the relevant addresses have now been fully liquidated.

5 minutes ago

Elon Musk comments on Binance's hack incident: "Everyday is Zeroday"

Elon Musk retweeted a report on the Binance hack incident, commenting "Everyday is Zeroday". A zero-day vulnerability is a major type of security flaw exploited by hackers, and Musk’s remark essentially underscores the security reality that zero-day vulnerabilities could be exploited every day.

5 minutes ago

AAVE: Aave freezes 292 reserves across V3 and V4 on 20 networks after Binance hot wallet exploit; exploiter selling AAVE

Kain Warwick Says Anthropic Tried to ‘Invent a DAO’ With Its Founder Voting Bloc

Campbell's Soup Stock: Deep Value and a 7% Dividend YieldMondelez International NASDAQ: MDLZ executives said the company remains on track with its 2026 outlook and expects strong earnings-per-share growth in 2027, supported by volume-led growth, productivity initiatives and continued investment in brands, innovation and emerging-market distribution.

During the company’s third-quarter 2026 earnings Q&A session, Chairman and CEO Dirk Van de Put described consumer conditions as resilient across many emerging markets, stable but cautious in Europe, and soft in North America. The company said it continues to see opportunities to expand distribution, particularly in India, Brazil and China, while managing inflationary pressures and selectively using pricing and package-price architecture initiatives.

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Emerging Markets Remain a Growth Engine
5 High-Yield Stocks and ETFs to Buy and Hold for the Next DecadeVan de Put said consumer confidence in emerging markets has remained resilient, with India performing particularly well and Mexico and Brazil described as solid. China has been softer, he said, but Mondelez remains constructive on the market because of its volume growth, top-line performance and distribution opportunity.

The company added approximately 130,000 outlets in India year to date, Van de Put said. In Brazil, Mondelez is now present in more than 1 million stores. China also continues to offer a “very long runway” for distribution expansion, according to the CEO.

Mondelez Rips Higher on a Q1 Beat as Cocoa Pressure Finally Starts to CrackChief Operating Officer Luca Zaramella said the company estimates it still has roughly 25% additional numeric distribution opportunity in markets including China, India and Brazil. He also cited opportunities to increase the number of products carried by stores and upgrade the company’s in-store presence, including through coolers in India.

“The runway that we have in places like China, India, Brazil, it is most likely we still have 25% numeric distribution to go,” Zaramella said.

In Latin America, Zaramella said Argentina has been the primary drag on volume because Mondelez is managing that market for cash and has been pricing “very diligently.” Excluding Argentina, he said volume mix in the region’s non-chocolate businesses was about 4% to 5% in the latest quarter. He also pointed to strong gum and candy performance, led by Trident, while saying chocolate in Brazil is beginning to improve following prior pricing and package-size actions.

Europe Sees Volume Growth Despite Cautious Consumer
In Europe, Van de Put said consumer confidence was generally stable and possibly modestly better than in the prior quarter, though shoppers remain cautious amid energy costs and broader cost-of-living pressures. He said Mondelez posted broad-based volume-mix growth of 1.6 percentage points in the region, despite unseasonably hot weather that reduced its European growth by about 1%.

The company has continued advertising and consumer-support investment, while highlighting innovation including Biscoff and the Milka Croissant. Van de Put said Mondelez expects positive volume growth in Europe to continue through the remainder of the year.

Zaramella said pricing in Europe has been affected by selective price adjustments made earlier in 2026, particularly in chocolate, as the company began to lap higher pricing from the second half of the prior year. He said the company’s emphasis has been on gross-profit-dollar growth, consumer affordability, penetration and brand loyalty rather than simply maintaining price growth.

When asked whether negative European price growth could continue, Zaramella said it should be expected for the next couple of quarters, noting that pricing increased through the quarters of the prior year.

North America Focuses on Promotions, Innovation and Share
Van de Put said North American consumer confidence remains soft, with growth concentrated among higher-income households in what he described as a continuing “K-shaped economy.” Still, he said Mondelez feels positive about its third-quarter and year-to-date results in the region and expects continued solid growth.

Zaramella attributed the company’s North American performance to improving market-share trends, more precise promotional activity, higher advertising and consumer-support spending, and innovation. He cited strength in savory biscuits, candy and brands including Sour Patch Kids, as well as launches such as Oreo Zero, Ritz Minis and Clif High Protein.

Rather than broadly reducing prices, Zaramella said Mondelez has refined its promotional approach to improve incrementality. Looking ahead, the company plans to be selective with any pricing actions and expects most to be implemented through package-price architecture. It also expects productivity and supply-chain efforts to support profitability.

2027 Outlook and Cost Considerations
Chief Financial Officer Amit Banati said Mondelez maintained its 2026 top-line and EPS outlook. The company plans to reinvest upside into areas it views as effective, including advertising, innovation, Biscoff and emerging markets, while continuing to absorb costs associated with the Middle East war within its existing outlook.

For 2027, Banati said the company remains confident it can deliver strong EPS growth despite macroeconomic volatility and inflation in freight, dairy, oil and packaging. He said the expected growth would be supported by emerging-market strength, improving stability in Europe, continued U.S. momentum and productivity savings.

Third-quarter gross-profit performance benefited from strong volume growth, supply-chain and procurement productivity, and the timing of lower cacao costs, Banati said. He added that the company expects strong gross-profit and operating-income-dollar growth to continue in the fourth quarter.

On cacao, Banati said market fundamentals are materially stronger than during the 2024 spike. Mondelez expects the 2025-2026 cycle to end with an estimated surplus of nearly 500,000 tons. While the company cited projections for a roughly 190,000-ton deficit in 2026-2027 tied to crop conditions in Ivory Coast and Ghana and expectations for El Niño, Banati said existing surplus supply and industry coverage levels of about nine months provide support.

Undercover Snacks Deal Supports Better-For-You Strategy
Mondelez also discussed its agreement to acquire a majority stake in Undercover Snacks, a small but rapidly growing maker of crispy quinoa snacks that are generally chocolate-covered or frosted. Van de Put described the products as gluten-free, allergy-friendly and positioned around better-for-you ingredients and permissible indulgence.

The business will operate as a standalone unit within Mondelez’s North American ventures organization, alongside brands including Perfect Snacks, Tate’s and Hu vegan chocolate. Undercover CEO Diana Levy will remain in her role, Van de Put said.

Mondelez expects the deal to close by early 2027, subject to customary conditions and regulatory approval. Van de Put said the acquisition is not expected to have a significant financial impact in 2027 but aligns with the company’s effort to evolve its portfolio toward healthier snacking options.

More broadly, Van de Put said Mondelez continues to favor targeted bolt-on acquisitions, generally in geographies or category segments where it sees portfolio gaps, rather than pursuing substantially larger transactions.

About Mondelez International (NASDAQ:MDLZ)Mondelez International, Inc NASDAQ: MDLZ is a global snack-food company that develops, manufactures, markets and sells branded products in categories including biscuits, chocolate, baked snacks, cheese and grocery items. Its portfolio includes well-known brands such as Oreo, Ritz, Chips Ahoy!, belVita, CLIF, Cadbury, Milka, Toblerone and Trident.

The company sells its products through retailers, wholesalers, e-commerce channels and other distribution networks. Mondelez serves consumers in more than 150 countries, with operations and brands tailored to markets across North America, Latin America, Europe, Asia, the Middle East and Africa.

Mondelez was formed in 2012 when Kraft Foods separated its global snack-food business from its North American grocery operations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Rivian Escapes the EV Graveyard—But Can It Stay Alive?Rivian Automotive NASDAQ: RIVN reported record third-quarter production and deliveries as its newly launched R2 became the company’s highest-volume vehicle, while management raised its full-year delivery outlook and reiterated plans to reach a positive automotive gross-profit exit rate by year-end.

Founder and CEO RJ Scaringe said Rivian produced 19,751 vehicles and delivered 19,248 vehicles during the quarter. R2, which launched in June, outsold both the R1 consumer vehicles and the company’s electric delivery vans during its first full quarter of sales. Rivian hosted more than 103,000 R1 and R2 demo drives during the period, surpassing its second-quarter record, while conversion rates for R2 Launch Edition reservations remained above expectations, Scaringe said.

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MarketBeat Week in Review – 08/24 - 08/28“We had a great third quarter,” Scaringe said, citing record production at Rivian’s Normal, Illinois, plant as the company ramps R2 manufacturing. The second R2 production shift has begun, and the company expects its manufacturing run rate to increase over coming quarters.

Revenue Rises as Software and Services Expand Rivian reported consolidated revenue of $2.155 billion, up 38% from a year earlier. Gross profit was $176 million, representing an 8% gross margin. The company recorded an adjusted EBITDA loss of $435 million, reflecting expanded sales, marketing and service operations supporting R2 volumes, along with investments in autonomy.

What Rising Delivery Forecasts Say About Rivian's Stock ProspectsAutomotive revenue totaled $1.55 billion, up 36% year over year. Rivian said the increase was driven primarily by a 46% increase in vehicle deliveries and $81 million in regulatory-credit revenue. Those gains were partly offset by lower average selling prices because of a larger mix of R2 and commercial-van deliveries, though R1 average selling prices increased due to product mix improvements.

Automotive gross profit loss narrowed to $80 million from a $130 million loss in the prior-year quarter. Rivian attributed the improvement to higher delivery volumes at better per-unit margins, regulatory-credit revenue and an IEEPA tariff refund receivable. These benefits were partially offset by R2 launch-related costs.

Chief Financial Officer Claire McDonough said the company recognized about $120 million of incremental cost of revenue related to ramping R2 production, compared with more normalized production levels. The amount includes the effect of operating below expected two-shift production rates, as well as costs such as expedited freight that management expects to decline as production scales.

Software and services revenue rose 45% year over year to $605 million. Rivian said $354 million, or about 60%, of segment revenue was attributable to its joint venture with Volkswagen Group. The segment generated gross profit of $256 million and a 42% margin, aided by a more favorable mix of higher-margin revenue streams, including vehicle electrical architecture and software development services.

Higher Delivery Outlook and Capital Plans Interim CFO-designate Derek Mulvey raised Rivian’s 2026 delivery guidance to between 67,000 and 70,000 vehicles, from a previous range of 65,000 to 70,000. R2 is expected to account for a majority of total deliveries in the fourth quarter.

Rivian now expects adjusted EBITDA losses for 2026 of $1.75 billion to $1.85 billion. At the midpoint, the revised outlook represents a $100 million improvement, which Mulvey attributed to favorable regulatory-credit revenue, the tariff receivable and anticipated higher deliveries.

The company expects to exit the fourth quarter at positive automotive gross profit, but Mulvey clarified that this does not imply positive automotive gross profit for the full quarter. He said the anticipated improvement should establish a foundation for further margin expansion as R2 production rises through 2027.

Rivian reduced its 2026 capital-expenditure guidance by $300 million at the midpoint to a range of $1.4 billion to $1.5 billion. Mulvey said the change was driven primarily by timing shifts in spending, particularly for the company’s Georgia manufacturing facility, where large equipment purchases and contracts can move between reporting periods.

The company ended the quarter with approximately $5.5 billion of cash equivalents and short-term investments. Rivian also announced the funding of a $1 billion, 10-year Volkswagen Group term loan at a fixed 6% interest rate. It has received $5.3 billion of the expected $5.8 billion in capital commitments tied to the Volkswagen joint venture, with the remaining $460 million expected in late 2027.

Rivian also expects to reach the second milestone in its Uber partnership by the end of the year, which would trigger an additional $250 million equity investment. Including current liquidity and expected future capital from Uber, Volkswagen and a Department of Energy loan, subject to conditions, Rivian estimated total available liquidity and targeted future capital at about $13 billion.

Autonomy Investment and Commercial-Van Opportunity Scaringe said Rivian’s Autonomy+ offering has posted take rates above management’s expectations, though the company did not disclose an attach rate. The offering is available on every R2 and 2025-model-year-or-newer R1 vehicle and currently supports hands-free driving on millions of miles of roads.

Rivian expects to begin a limited release of its supervised Point to Point driving feature later this year through an invitation-only Autonomy Early Access Program. The feature is intended to navigate a vehicle along an entered route, including city streets, stoplights, highway interchanges and other driving scenarios, while requiring driver supervision. A broader release for Autonomy+ subscribers is planned for 2027.

The company also recently acquired Third Dimension AI to support closed-loop simulation efforts for autonomy development. Scaringe said the company’s Large Driving Model is designed to be adaptable across R1, R2 and commercial-vehicle applications, including Rivian’s planned robotaxi work with Uber.

Separately, Rivian said Amazon continues to expand its electric delivery-van fleet and has begun receiving new van variants designed for rural routes, including an all-wheel-drive configuration and a larger battery pack with 30% more range. Scaringe said Amazon’s increased demand reflects operational and cost advantages from the platform, while Rivian continues discussions with potential commercial customers beyond Amazon.

McDonough said she will step down as CFO to return to the East Coast and pursue a new opportunity. Mulvey, currently vice president of finance, will become interim CFO effective the following day.

About Rivian Automotive (NASDAQ:RIVN)Rivian Automotive, Inc is an electric vehicle manufacturer that designs, develops and produces all-electric trucks, sport utility vehicles and commercial delivery vans. The company focuses on vehicles intended for outdoor recreation, everyday transportation and fleet use, combining battery-electric powertrains with software and connected-vehicle technologies.

Rivian's consumer vehicle lineup includes the R1T pickup truck and R1S sport utility vehicle. The company also develops electric commercial vans for business and delivery fleets, including vehicles produced through its relationship with Amazon.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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A strong long-term portfolio starts with companies that can survive recessions, inflation, changing consumer habits, and shifting market leadership.

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Uniswap, the leading decentralized exchange protocol, recorded a strong surge in on-chain activity with 14,591 daily active wallets, the highest figure seen in the past year. Alongside this, 13,137 new UNI addresses were created in a single day, marking the largest spike in network growth since September 2020.

Network growth accelerates after upgradesSantiment data highlights that these increases come amid a series of notable upgrades to the Uniswap ecosystem. Aggregator Hooks now route external liquidity to Uniswap v4, a change designed to enhance decentralized liquidity sourcing. VolatilePair Hooks have widened access to dynamic pricing, granting users greater flexibility and efficiency in how they interact with liquidity pools. Additionally, Unichain’s OP Enterprise upgrade is scheduled for October 29, promising further network enhancements.

This sequence of developments coincides with the strongest new wallet growth the protocol has seen in approximately six years.

Mini dictionary: Uniswap is a major decentralized exchange protocol operating on Ethereum, allowing users to trade cryptocurrencies directly from their wallets without intermediaries, using automated liquidity pools.

Recent spikes in active addresses and new wallet creation indicate increasing engagement with the Uniswap ecosystem.

UNI price action and technical outlookThe UNI token price is currently consolidating around $7, following a sharp rebound from lows earlier this year. Santiment notes that $7 remains a crucial level, with a sustained move above approximately $7.50 viewed as a sign of renewed bullish momentum. Elevated activity above $7 would keep a target of $8 in sight for the near term.

If the price were to fall below $7 and be accompanied by a decline in active addresses, analysts suggest the recent uptick could be short-lived rather than the beginning of broader adoption. On the technical chart, UNI has broken out of a falling wedge pattern that emerged after peaking at $19. The token rallied from around $2.60 to $10.90 before retracing back down.

Currently, UNI is retesting the $5 to $6.60 support zone from above. This region acted as support since 2022, was briefly lost in January, and reclaimed in September. Maintaining this level is considered important for keeping the longer-term target of $18 intact, while a weekly close below $5 would nullify that scenario.

Key LevelStatusTechnical Note$7Current support/resistanceNeeds to hold for bullish momentum$7.50Potential breakout pointAbove this, stronger rally possible$5–$6.60Support zoneReclaimed in September$18Long-term targetValid if support holdsAt the time of writing, UNI trades between $7.10 and $7.15, positioned at the intersection of increased network activity and key technical support levels.

Address growth and heightened user activity provide a strong fundamental backdrop, while the daily chart shows UNI still holding above several moving averages.

Activity surge and future outlookWhether this historic surge in Uniswap network activity will sustain higher demand for UNI depends on the token’s ability to maintain support above $7. A decisive move higher, confirmed by ongoing user engagement, would align both on-chain fundamentals and technical signals.

On the other hand, a slip below $7, together with declining active addresses, would suggest that recent momentum could falter, weakening both short-term price potential and the longer-term technical outlook.

Following reports of billions of dollars in suspicious asset outflows from Binance-labeled wallets, selling activity in wallets believed to be under the attacker’s control has come to light. According to shared records, after UNI, PEPE tokens were also traded on the decentralized exchange Uniswap.

The screenshot of the PEPE transaction shows approximately 68.01 billion PEPE being transferred from an address labeled as a Binance hot wallet to a liquidity pool. The transaction then shows approximately 135.34 WETH being converted to ETH and sent to the wallet. The value of the received ETH is shown in the screenshot as approximately $307.7 thousand.

Previously shared UNI transaction logs showed that exchanges were made in different pools via Uniswap V2, V3, and V4. These included UNI–USDT and UNI–WBTC pools.

The initial asset breakdown showed that the tracked outflows included approximately $53.29 million worth of 7.01 million UNI and $38.91 million worth of 7.77 trillion PEPE.

A total of approximately $5.64 billion in assets were outflowd from Binance-labeled wallets across six blockchains. Of this amount, approximately $3.53 billion was recorded on Ethereum, $1.45 billion on Bitcoin, and $627.83 million on the Tron network. Outflows on Arbitrum, Optimism, and Base totaled approximately $38.42 million.

The list, which reportedly covers a total of 70 assets, includes USDT, BTC, USDC, and ETH, as well as RLUSD, wBETH, UNI, XAUt, ENA, PEPE, LINK, and USD1.

A separate on-chain analysis suggested that a wallet labeled “Binance 14” authorized a smart contract belonging to the attacker via EIP-7702, and that this authorization was ongoing.

The same analysis stated that 200 million USDT was deposited into the wallet at 00:44 UTC+3 on October 30th, and six blocks later, 200.4 million USDT, 369.8 ETH, and approximately 12 different tokens were transferred to another address. It was noted that the USDT was blocked due to the recipient address being frozen, while the ETH and other tokens were unaffected by this freeze.

*This is not investment advice.

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Anthropic’s New Security Measure: Claude Reviews Chat Histories in the Background After Each Response

Beating AI Express reports that Anthropic has unveiled a security mechanism called "Self-Assessment". Since June this year, after Claude responds to users, it will also review the conversation in the background to identify abuse risks such as fraud and cyberattacks, and assign a corresponding risk level. Users are not aware of this process, and the system will not immediately block responses based on the results. Previously, Anthropic relied primarily on additional security classifiers to identify violations. Now, Claude can leverage the context of the conversation it has just processed to conduct its own preliminary review. On average, this only requires generating about 10 extra tokens, with additional inference computing power accounting for less than 2%. This mechanism has already uncovered issues missed by traditional security systems. In August this year, a single API client triggered over 100,000 risk alerts related to child sexual exploitation. In September, the system detected that someone was using Claude Code to automatically carry out romance scams targeting dozens of victims. After an investigation, Anthropic banned the relevant accounts and reported the first incident to U.S. authorities. However, Claude does not always detect malicious behavior. In 24 cyberattack tests where conventional protections were disabled, Anthropic attempted to use Self-Assessment for real-time blocking, yet 13 attacks still succeeded. Therefore, the mechanism is currently primarily used for post-incident monitoring rather than real-time blocking of user actions.

6 minutes ago

Binance hackers have sold altcoins worth approximately $158 million, converting all of them into 70,480 ETH.

On-chain analyst The Data Nerd has tracked that the Binance hacker has sold altcoins worth roughly $158.25 million, converting all proceeds into 70,480 ETH. The sell-off breakdown is as follows: 7.02 million UNI (~$39.63 million), 217.5 million ENA (~$33.93 million), 7.77 trillion PEPE (~$31.66 million), 2.57 million LINK (~$26.05 million), 127,953 AAVE (~$14.27 million), 21.85 million ONDO (~$6.62 million), and 17.32 million WLD (~$6.09 million). All of the altcoins held by the relevant addresses have now been fully liquidated.

6 minutes ago

Elon Musk comments on Binance's hack incident: "Everyday is Zeroday"

Elon Musk retweeted a report on the Binance hack incident, commenting "Everyday is Zeroday". A zero-day vulnerability is a major type of security flaw exploited by hackers, and Musk’s remark essentially underscores the security reality that zero-day vulnerabilities could be exploited every day.

6 minutes ago

CZ strongly supports He Yi: The pregnant woman pulled all-nighters, fighting side by side with hundreds of Binance staff.

The aftermath of Binance's hack incident persists, with CZ voicing support for He Yi, Binance's current CEO, on the X platform. CZ stated: "This pregnant executive has worked around the clock alongside hundreds of Binance staff. Many industry peers, even competitors (including some that were previously unfriendly), have offered invaluable help. It's painful, but we will get through this."

6 minutes ago

Coinbase executives plan to sell up to 13.6 million COIN shares, valued at approximately $2.2 billion.

According to BeInCrypto, citing Coinbase’s third-quarter SEC filing, Coinbase CEO Brian Armstrong, co-founder Fred Ehrsam, and President Emilie Choi have each established Rule 10b5-1 stock sale plans, collectively planning to sell up to approximately 13.6 million COIN shares. Based on the October 29 closing price, this totals around $2.2 billion. Armstrong’s plan covers sales of up to ~8.17 million shares between November 16, 2026, and October 2027; the transactions will only execute when the stock reaches preset thresholds, and do not constitute completed divestments.

6 minutes ago

A crypto whale entered four positions totaling $35 million during earnings week, while Google was liquidated and Microsoft exited at a loss.

According to TradingBeats' monitoring, the whale with the address starting with 0x30af — once among Hyperliquid's largest bulls on Microsoft and Google — has placed four consecutive long positions on Sandisk, Microsoft, Google, and Intel during this week's earnings-heavy period, with a total notional value of approximately $34.99 million. Among these positions, Sandisk and Intel were closed early for profit-taking, Google's long position was liquidated, and Microsoft triggered a full position stop-loss after last night's US stock market opened. As of press time, the account has recorded a $390,000 loss over the past week, and a cumulative loss of around $15.3511 million in the past month. Since the early hours of October 27, the account has bought approximately $8.4251 million worth of Sandisk, $10.5671 million of Microsoft, $12.0877 million of Google, and $3.9071 million of Intel, with the four long positions totaling roughly $34.99 million. The combined value of Google and Microsoft's positions, at roughly $22.6548 million, accounts for about 64.7% of the total purchase amount of the four stocks, and is the primary source of this round's losses.

6 minutes ago

Anthropic’s New Security Measure: Claude Reviews Chat Histories in the Background After Each Response

Beating AI Express reports that Anthropic has unveiled a security mechanism called "Self-Assessment". Since June this year, after Claude responds to users, it will also review the conversation in the background to identify abuse risks such as fraud and cyberattacks, and assign a corresponding risk level. Users are not aware of this process, and the system will not immediately block responses based on the results.
Previously, Anthropic relied primarily on additional security classifiers to identify violations. Now, Claude can leverage the context of the conversation it has just processed to conduct its own preliminary review. On average, this only requires generating about 10 extra tokens, with additional inference computing power accounting for less than 2%.
This mechanism has already uncovered issues missed by traditional security systems. In August this year, a single API client triggered over 100,000 risk alerts related to child sexual exploitation. In September, the system detected that someone was using Claude Code to automatically carry out romance scams targeting dozens of victims. After an investigation, Anthropic banned the relevant accounts and reported the first incident to U.S. authorities.
However, Claude does not always detect malicious behavior. In 24 cyberattack tests where conventional protections were disabled, Anthropic attempted to use Self-Assessment for real-time blocking, yet 13 attacks still succeeded. Therefore, the mechanism is currently primarily used for post-incident monitoring rather than real-time blocking of user actions.

6 minutes ago

Binance hackers have sold altcoins worth approximately $158 million, converting all of them into 70,480 ETH.

On-chain analyst The Data Nerd has tracked that the Binance hacker has sold altcoins worth roughly $158.25 million, converting all proceeds into 70,480 ETH. The sell-off breakdown is as follows: 7.02 million UNI (~$39.63 million), 217.5 million ENA (~$33.93 million), 7.77 trillion PEPE (~$31.66 million), 2.57 million LINK (~$26.05 million), 127,953 AAVE (~$14.27 million), 21.85 million ONDO (~$6.62 million), and 17.32 million WLD (~$6.09 million). All of the altcoins held by the relevant addresses have now been fully liquidated.

6 minutes ago

Elon Musk comments on Binance's hack incident: "Everyday is Zeroday"

Elon Musk retweeted a report on the Binance hack incident, commenting "Everyday is Zeroday". A zero-day vulnerability is a major type of security flaw exploited by hackers, and Musk’s remark essentially underscores the security reality that zero-day vulnerabilities could be exploited every day.

6 minutes ago

CZ strongly supports He Yi: The pregnant woman pulled all-nighters, fighting side by side with hundreds of Binance staff.

The aftermath of Binance's hack incident persists, with CZ voicing support for He Yi, Binance's current CEO, on the X platform. CZ stated: "This pregnant executive has worked around the clock alongside hundreds of Binance staff. Many industry peers, even competitors (including some that were previously unfriendly), have offered invaluable help. It's painful, but we will get through this."

6 minutes ago

Coinbase executives plan to sell up to 13.6 million COIN shares, valued at approximately $2.2 billion.

According to BeInCrypto, citing Coinbase’s third-quarter SEC filing, Coinbase CEO Brian Armstrong, co-founder Fred Ehrsam, and President Emilie Choi have each established Rule 10b5-1 stock sale plans, collectively planning to sell up to approximately 13.6 million COIN shares. Based on the October 29 closing price, this totals around $2.2 billion. Armstrong’s plan covers sales of up to ~8.17 million shares between November 16, 2026, and October 2027; the transactions will only execute when the stock reaches preset thresholds, and do not constitute completed divestments.

6 minutes ago

A crypto whale entered four positions totaling $35 million during earnings week, while Google was liquidated and Microsoft exited at a loss.

According to TradingBeats' monitoring, the whale with the address starting with 0x30af — once among Hyperliquid's largest bulls on Microsoft and Google — has placed four consecutive long positions on Sandisk, Microsoft, Google, and Intel during this week's earnings-heavy period, with a total notional value of approximately $34.99 million. Among these positions, Sandisk and Intel were closed early for profit-taking, Google's long position was liquidated, and Microsoft triggered a full position stop-loss after last night's US stock market opened. As of press time, the account has recorded a $390,000 loss over the past week, and a cumulative loss of around $15.3511 million in the past month. Since the early hours of October 27, the account has bought approximately $8.4251 million worth of Sandisk, $10.5671 million of Microsoft, $12.0877 million of Google, and $3.9071 million of Intel, with the four long positions totaling roughly $34.99 million. The combined value of Google and Microsoft's positions, at roughly $22.6548 million, accounts for about 64.7% of the total purchase amount of the four stocks, and is the primary source of this round's losses.

6 minutes ago

Ethena's USDe stablecoin supply on Avalanche (AVAX) has reportedly risen 211% over 30 days to more than $20 million, as USDe supply stands near $5 billion overall.

Supply of Ethena's $USDe stablecoin on the @avax network has risen 211% over the past 30 days and now exceeds $20 million, according to on-chain figures. The jump brings a still-small but fast-growing share of @ethena's synthetic dollar onto $AVAX, where USDe has been building out its footprint through 2026.

USDe Grows From a Small Base on AvalancheThe latest figure marks a sharp step up from earlier this autumn. A governance assessment posted on the Aave forum put USDe's on-chain supply on Avalanche at about 5.77 million as of September 14, 2026. The same assessment noted that this supply fluctuates with bridged transfers from Ethereum via LayerZero. A 211% monthly gain from a low base can look large in percentage terms, so the absolute figure matters: $20 million is small next to USDe's overall supply.

Ethena has been building toward the Avalanche push for months. In July, Invezz reported that Ethena expanded USDe onto Avalanche with native deposit and withdrawal support. More recently, Ethena Pay, a self-custody app powered by Avalanche, entered beta testing in 48 countries. Users can reportedly earn yields of up to 6% on USDe balances and receive cashback of up to 10% from participating merchants.

Wider USDe Supply Is Well Below Its PeakThe Avalanche growth comes as USDe's total supply recovers from a sharp contraction. Crypto Briefing reported that USDe's circulating supply peaked at roughly $15 billion in October 2025, fell below $5 billion by late August 2026, and stood near $4.94 billion by mid-October. Ethena has also said it will end token incentives linked to USDe growth, according to MetaMask's Ethena market page, which noted that incentives had already fallen about 85% since the 2024 airdrop.

Rankings of USDe among stablecoins vary by source and date. Some trackers list it third behind $USDT and $USDC, while others place it lower, so its exact position depends on the data provider used. What is clear is that $USDT and $USDC remain far larger. Spark's stablecoin tracker put USDT at about $184 billion and USDC at about $74 billion as of August 2026.

For Avalanche, any sustained rise in USDe supply would add another dollar-denominated asset to its DeFi base. Whether the recent growth holds will depend on yield levels, incentives and how much USDe stays on the network rather than being bridged back to Ethereum.

Polygon has expanded its Open Money Stack payment platform to Solana, allowing businesses on the network to connect bank payments, stablecoin balances, and cash withdrawals. This was according to the company announcement on October 29, and it said the services are live.

The users now get an additional avenue to deal with how money enters and leaves Solana. The business takes a standard payment and moves it as stablecoins to then organize a payment out to banks, etc., and other systems that it supports.

From a bank payment to a Solana balance
Polygon said its service would cover multiple stages of accepting a payment. Businesses would be able to accept deposits via bank transfers, cards, cash, or crypto and then convert funds into digital assets on Solana, the announcement said.

Polygon says its platform also supports customer wallets that are built into apps.

Getting money to the recipient
The payment and receipt of stablecoins is one part of the payment journey. A supplier/seller may need the money in a bank account to make payments for business expenditure.

Polygon said that when a stablecoin is involved, the integration would transfer the token to a person’s chosen bank account, card, wallet, or cash withdrawal outlet on completion of a stablecoin to fiat money conversion.

The company is looking at fintech firms, payment apps, and marketplaces. The businesses can choose between embracing the company’s platform or only some selected features that work with other businesses they use.

Availability and costs need a closer look
Polygon says its dollar conversion infrastructure is backed by money transmitter licenses across 48 U.S. states.

The announcement didn’t mention where it’s available, the fees, and how fast the payment completion will be.

Polygon also plans to extend Open Money Stack to additional blockchains, although it gave no timetable for those additions.

Final Summary

Polygon says Solana businesses can now access its integrated stablecoin payment and payout services.
The announcement lists available functions, but it didn’t talk about pricing and where it’s available.

TLDR Polygon Labs has expanded its Open Money Stack payment services to Solana. The integration connects Solana businesses with banking services and global payment options. Businesses can manage stablecoin transfers, digital wallets, and payouts through one integration. Polygon and Solana will continue operating as separate blockchain networks. Solana has processed more than $5.7 trillion in stablecoin transfers in 2026, according to the Solana Foundation official cited in the report. Kira is among the first companies using the integration for international supplier payments. Polygon Labs has added Solana to its Open Money Stack, giving businesses on the blockchain access to banking and stablecoin payment services through one connection. The rollout links two networks that have competed for users and developers.

The service lets companies accept money from several funding sources, create wallets, transfer digital assets between networks, and pay recipients through supported providers. Customers can keep their products on Solana while using Polygon’s payment tools.

Polygon and Solana Connect Bank Payments Businesses can take deposits through bank transfers, cards, cash, or cryptocurrency. Open Money Stack can also convert dollars into stablecoins, move supported tokens across blockchains, and send funds to bank accounts or wallets. It supports USDC, USDT, and PYUSD stablecoins.

The agreement leaves both blockchains separate. “Businesses shouldn’t have to rebuild their payments infrastructure for every network,” Aishwary Gupta, Polygon Labs’ global head of business, told CoinDesk.

Banks Test More Stablecoin Services The announcement follows a USDC settlement test in Colombia. Circle and ACI Worldwide said on October 27 that they would examine how banks could use stablecoins alongside current payment systems.

Solana has processed more than $5.7 trillion in stablecoin transfers this year, according to Jamal Raees of the Solana Foundation. Polygon reports more than $3 trillion in transfers since launch. These totals include wallet transfers.

Kira is among the first companies using the new integration. The cross-border payment provider transfers stablecoins on Solana and uses Polygon’s banking connections to help customers make dollar payments to suppliers outside their home markets.

Other banks are introducing digital payment products. HSBC recently launched a Hong Kong dollar stablecoin on PayMe, with plans to support transfers between users and payments to merchants.

Polygon Widens Its Payment Network Polygon recently brought TRON into Open Money Stack and completed its acquisition of Coinme, a United States crypto payments company. The purchase added licensed money transfer services across 48 states, according to Polygon.

Meanwhile, Visa reported more than $25 billion in annualized stablecoin settlement during its October earnings update. Its expanding card programs show how payment companies are adding blockchain services to existing systems.

Polygon says businesses can use the full service or select individual features, including wallets, transfers, and cash payouts. The company plans to support additional blockchain networks over time, while Solana businesses can continue using their existing applications.

Crypto liquidations reached $627.7 million in a single hour late Thursday, $606.6 million of it on bets that prices would rise, Coinglass data shows. Bitcoin (BTC) fell below $79,000 and Ethereum (ETH) under $2,240 as traders reacted to an unexplained $2 billion outflow from Binance hot wallets.

Binance says it is investigating a “potential security issue” and has not confirmed any loss, while founder Changpeng Zhao says it “does look like a hack.” The market priced the worst case before either spoke, and leveraged traders paid for it.

How fast the selling hitBitcoin traded near $80,800 on Binance at 20:00 UTC, according to TradingView. By 20:35 UTC it had spiked down to about $78,300, a drop of around 3% in one candle, before bouncing back above $79,100.

ETH fared worse. It slid from roughly $2,335 to a low near $2,233, a fall of more than 4%, before recovering to about $2,263.

The timing lines up with the on-chain move. The first transfer out of the Binance 14 wallet landed at 20:24 UTC, and the sharpest price candles printed within the following 15 minutes.

[IMAGE PLACEHOLDER — BTC/USDT and ETH/USDT 5-minute charts showing the drop, Source: TradingView]

Who lost moneyA liquidation happens when a trader borrows to amplify a bet and the price moves far enough against them that the exchange closes the position by force. Coinglass logged $189.1 million in Bitcoin positions and $156.8 million in ETH positions wiped out in the hour, with Solana (SOL) a distant third at $46.8 million.

Short sellers, who profit from falling prices, lost only $21.1 million. The single largest forced closure was an $11.09 million Bitcoin long on Binance at $79,254.

Binance itself carried $344.8 million of the hour’s liquidations, more than half the total. Hyperliquid followed at $97 million and Bybit at $77.3 million.

[IMAGE PLACEHOLDER — Coinglass one-hour liquidation heatmap by exchange showing Binance at $344.8 million, Source: Coinglass]

That is three times the $200 million unwind that pushed Bitcoin below $80,000 last Saturday. Over 24 hours, Coinglass counts 161,647 traders liquidated for $951.2 million, and two thirds of that damage came in the final hour.

Why the market sold firstBitcoin was already fragile. It had failed to hold $83,000 last week, and analyst Benjamin Cowen’s bearish Q4 roadmap had traders watching $80,000 as the line that mattered.

A breach at Binance, the largest exchange by volume, would also carry a different risk from a DeFi exploit. Stolen exchange funds tend to get sold, although Tether has since frozen more than 1.567 billion USDT tied to the $2 billion outflow, which takes most of the stablecoins out of play.

Pyth Network Oracles Now Secure About $3.12 Billion in Assets, DefiLlama Data Shows

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Xcel Energy Inc. ( XEL ) Q3 2026 Earnings Call October 29, 2026 10:00 AM EDT Company Participants Roopesh Aggarwal - VP of Finance & Head of Investor Relations Robert Frenzel - President, CEO & Chairman Brian Van Abel - Executive VP & CFO Conference Call Participants Nicholas Campanella - Barclays Bank PLC, Research Division Carly Davenport - Goldman Sachs Group, Inc., Research Division Jeremy Tonet - JPMorgan Chase & Co, Research Division Julien Dumoulin-Smith - Jefferies LLC, Research Division Richard Sunderland - Truist Securities, Inc., Research Division Sophie Karp - KeyBanc Capital Markets Inc., Research Division Stephen D'Ambrisi - RBC Capital Markets, Research Division Steven Fleishman - Wolfe Research, LLC Nicholas Amicucci - Evercore ISI Institutional Equities, Research Division Paul Patterson - Glenrock Associates LLC Presentation Operator Hello, and welcome to the Xcel Energy 2026 Third Quarter Earnings Call. My name is Tracy, and I'll be your moderator for today's event.

NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Yiren Digital Ltd. (NYSE: YRD) between April 29, 2026 and October 13, 2026, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026 in the securities class action first filed by the Firm.

SO WHAT: If you purchased Yiren securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Yiren class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) CreditEase, Yiren's controlling shareholder and its affiliates, all controlled by defendant Ning Tang, were experiencing severe financial distress that impaired their ability to satisfy their obligations; (2) as a result, the billions of RMB owed to Yiren by CreditEase affiliates were subject to significant credit risk; (3) Yiren was not separate from or unaffected by the affairs of CreditEase, given their shared leadership, Yiren's dependence on CreditEase, and Yiren's relationships with the CreditEase affiliates whose products defaulted; (4) Defendant Tang, Yiren's Executive Chairman, CEO, and controlling shareholder, was exposed to material legal and regulatory risk, including potential criminal liability, arising from CreditEase's conduct; and (5) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Yiren class action, go to https://rosenlegal.com/cases/yiren-digital-ltd/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

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        The Rosen Law Firm, P.A.
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SPX Technologies, Inc. (SPXC) Q3 2026 Earnings Call Transcript

One analyst projected a potential price increase of around 85%.

The self-proclaimed Dogecoin killer has been in a major decline over the past year, posting an additional 15% plunge in the last 30 days.

Investor confidence has taken a hit; trader interest has been steadily falling, yet one bullish signal suggests the tide could soon turn in the bulls’ favor.

Finally, Some Good News
Shiba Inu currently trades around $0.0000055 and ranks as the 37th-largest cryptocurrency, with a market capitalization of about $2.9 billion. However, the declining number of coins stored on exchanges hints it may soon climb the ladder and regain lost ground.

According to CryptoQuant data, the figure recently fell to roughly 86 trillion, the lowest level since April 2021. This is generally interpreted as a bullish signal because it reduces the immediate selling pressure.

SHIB Exchange Netflow, Source: CryptoQuant
The resurgence of the burning mechanism is also worth noting. The burn rate has exploded by over 635% in the last 24 hours after almost 11 million tokens were sent to a null address. This may seem like a ray of hope, but the USD equivalent of the stash remains insignificant, so the team and community should intensify efforts to make a tangible impact.

SHIB Burn Rate, Source: shibburn.com
X user Crypto With Gopal claimed SHIB has recently printed a triple-bottom formation on its one-hour chart, with bulls defending the $0.0000047-$0.0000048 zone. In his view, sentiment has turned “cautiously bullish,” with an upside target of $0.0000058 if buyers break above the $0.0000052-$0.0000053 range.

Giannis Andreou also recently weighed in. He believes a successful defense of around $0.000004922 could set the stage for a rebound toward $0.000006248, followed by $0.000006687.

“The projected route includes pullbacks between advances, gradually rebuilding toward $0.000007796. Clearing that resistance would bring the higher marked level at $0.000009071 into focus,” he added.

The Big Bearish Factor
Contrary to the bullish elements mentioned above, interest in SHIB and meme coins in general has diminished lately, making a potential recovery challenging.

Meanwhile, Shibarium’s activity has also been negligible. Shiba Inu’s layer-2 scaling solution aims to lower transaction fees, improve speed, and strengthen the overall ecosystem, but over the past several months, the protocol has processed far fewer daily transactions, shrinking to just thousands and even hundreds.

This suggests user engagement and network demand have weakened considerably, which could further weigh on investor sentiment and limit SHIB’s upside potential.

Shibarium Daily Transactions, Source: shibariumscan.io

Tags:

Table of contents

Binance co-founder Changpeng Zhao said Thursday that the exchange “was indeed hacked,” confirming what on-chain data had suggested after more than $2.5 billion left the exchange’s hot wallets for a Tornado Cash-funded address. Zhao said user funds are safe and thanked stablecoin issuers for freezing roughly $1.8 billion of the outflow, while Binance itself said it is investigating and has not yet confirmed any loss to customer assets.

The first transfer landed at 20:24 UTC on October 29, moving 167,464 ETH — worth roughly $388 million by Etherscan’s valuation — out of the wallet labeled Binance 14, along with 63 other tokens including about $1.6 billion in Tether (USDT). Twenty-four seconds later, a second wallet, Binance 16, sent another 28,005 ETH to the same destination.

What the Blockchain ShowsThe on-chain trail carries the hallmarks of a compromise rather than routine housekeeping. The wallet that initiated the transfer was funded only through Tornado Cash, a mixing service, receiving three deposits of roughly 0.1 ETH on October 28 and 29. The receiving address did not exist before Thursday, and within 15 minutes it forwarded 195,460 ETH — around $450 million — to yet another fresh address while holding about $1.5 billion in tokens.

Pseudonymous on-chain researcher Spreek flagged the transfer on X: “It COULD be routine wallet maintenance, but it looks extremely sus.” The market alert feed Tree News estimated the total outflow at about $2.53 billion across more than 60 tokens and labeled it a suspected key compromise.

CZ Confirms the Hack, Says Funds Are SafeZhao, who stepped back from running Binance but remains a shareholder, broke from the exchange’s cautious tone in a post on X: “User funds are safe! It looks like Binance was indeed hacked.” He thanked Tether and Circle for “the swift freeze of assets of approximately $971 million and $823 million respectively,” and added, “I no longer run Binance, but as a shareholder I expect all user funds to be fully compensated.”

The combined freeze — roughly $1.8 billion — would cap a substantial portion of the stolen stablecoin balance before it can be swapped or cashed out, though the attackers’ ETH and other non-stablecoin holdings remain outside the reach of issuers.

Binance’s Official ResponseBinance’s own statement was more measured. “We are aware of reports of a possible security issue with Binance. Our teams are actively investigating,” the exchange wrote. “At this time we have not confirmed that user funds have been affected.” It said security teams are “urgently reviewing all available information” and promised updates through official channels, while warning users against scammers exploiting the situation.

The gap between Zhao’s confirmation and Binance’s hedging reflects the difference between a shareholder’s public read and a company speaking for itself. Until Binance issues its own confirmation, the exchange’s position remains that it has not verified a loss.

Markets Sold First and Asked Questions LaterThe derivatives market reacted before any official word. Bitcoin fell below $79,000 and Ethereum under $2,240 in the minutes after the first transfer, and total crypto liquidations reached $627.7 million in a single hour, according to Coinglass — $606.6 million of it against long positions, with Binance itself carrying $344.8 million of the total.

That sell-off was traders pricing a worst case before facts were established. Zhao’s subsequent assurance of user-fund safety may ease the panic, but the confirmation of a breach — however contained — is a separate signal for the broader market.

A Hard Year for Exchange SecurityThe incident lands on an already damaging stretch for centralized exchanges. In September, attackers took roughly $388 million from Bitget through a third-party security product, and the February 2025 Bybit exploit remains the largest exchange hack on record at roughly $1.5 billion, attributed by the FBI to North Korean actors.

Security firm Hacken counted $1.18 billion in crypto hacking losses in the third quarter — up 55% from the prior quarter — with 77% of the damage tied to supply-chain blind spots: third-party vendors and systems outside the scope of audits. If the full Binance outflow is confirmed as stolen, it would rank among the largest single exchange losses ever recorded.

What Comes NextThe next material updates are Binance’s own confirmation, the fate of the frozen stablecoins, and whether the exchange’s SAFU emergency fund is drawn down. Zhao’s expectation of full compensation signals where the exchange is likely to land, but the mechanics — how much is recovered, how quickly, and what Binance discloses about the entry point — remain open.

This article is not intended as financial advice. Educational purposes only.

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Ryan Specialty Holdings, Inc. (RYAN) Q3 2026 Earnings Call October 29, 2026 4:45 PM EDT

Company Participants

Patrick Ryan - Founder & Executive Chairman
Timothy Turner - CEO & Director
Janice Hamilton - Executive VP & CFO
Miles Wuller

Conference Call Participants

Elyse Greenspan - Wells Fargo Securities, LLC, Research Division
Andrew Kligerman - TD Cowen, Research Division
Meyer Shields - Keefe, Bruyette, & Woods, Inc., Research Division
Brian Meredith - UBS Investment Bank, Research Division
Michael Zaremski - BMO Capital Markets Equity Research
Jian Huang - Morgan Stanley, Research Division
Robert Cox - Goldman Sachs Group, Inc., Research Division
Tracy Benguigui - Wolfe Research, LLC
Joshua Shanker - BofA Securities, Research Division

Presentation

Operator

Good afternoon, and thank you for joining us today for Ryan Specialty Holdings' Third Quarter 2026 Earnings Conference Call. In addition to this call, the company filed a press release with the SEC earlier this afternoon, which has also been posted to its website at ryanspecialty.com.

On today's call, management's prepared remarks and answers to your questions may contain forward-looking statements. Investors should not place undue reliance on any forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those discussed today. Listeners are encouraged to review the more detailed discussion of these risk factors contained in the company's filings with the SEC.

The company assumes no duty to update such forward-looking statements in the future, except as required by law. Additionally, certain non-GAAP financial measures will be discussed on this call and should not be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most closely comparable measures prepared in accordance with GAAP are included in the earnings release, which is filed with the SEC

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About the Author

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.

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