Market

The large number of coins held in unidentified wallets shows that retail investors have been in this market for years, observers said. But this interpretation comes with a caveat.
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The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.
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Attackers replaced legitimate transactions with fake ones, then waited for users to approve higher fees. At least one person lost bitcoin before developers patched the flaw.
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Ether and XRP led losses among the majors as the AI trade took another hit in Asia, where Goldman Sachs cut its Kospi target by 25%.
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SpaceX has raised $40 billion in debt to buy GPUs, while Musk predicts a major shakeout among smaller AI cloud providers.
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Twenty-two companies have now objected to having their shares traded on the planned OKX-ICE tokenized stock venue, after Wells Fargo, Cisco, Marvell, Arm, Moderna. and Intuit joined the list.
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Economics Minister Viktors Valainis says rules could arrive in the first half of next year, but an overdue assessment remains unfinished and no sovereign-bond issuance was identified.
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Spot Bitcoin ETFs finished the week with about $301 million in net inflows, ending a two-week losing streak, even as two straight days of outflows kept October in the red.
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The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major banks.
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A policy change effective Oct. 16 carves out an exception to Google’s long-standing pledge—letting connected Gmail, Drive, and Photos data personalize ads through its Personal Intelligence AI features.
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