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🇭🇰 English, 2 November 2026, cybersecurity

Hackers steal billions from Binance

The world's biggest cryptocurrency exchange was hacked last week, with billions stolen from the platform.

The mixed openings came as concerns about negative cash flow and the sheer scale of AI capex saw the cost of insuring against corporate defaults blow out last week, while gold hit a one-year low amid talk stressed investors were selling to raise money for margin calls.

Adding to the air of unease were withdrawals from Binance as the world’s biggest cryptocurrency exchange went back online on Sunday after hackers stole billions from the platform last week.

All of which raises the stakes for earnings this week with Apple, AMD and Palantir set to report in the wake of Intel’s near 29 percent tumble on Friday.

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