SPIN Unprocessed October 31, 2026 ai_technology technology
Binance says it has covered 90% of its hack losses, having set aside $6.34B+ of company funds; the remaining 10% is in less liquid tokens (Angela Christy/Reuters)
View original on techmeme.comOverview
Angela Christy / Reuters: Binance says it has covered 90% of its hack losses, having set aside $6.34B+ of company funds; the remaining 10% is in less liquid tokens — Cryptocurrency exchange Binance said on Saturday that it was able to cover 90% of the amount stolen during its recent hack.
SpinGraph analysis pending — check back after processing.
Ask AI about this story
Opens with the SpinGraph .md URL and structured context — one click, prompt included.
More from Techmeme
View all →- How AI detectors like Pangram are changing human writing: authors drop em dashes, "not X, but Y" phrasing, and words like "delve", or add typos, to look human (Morgan Meaker/Bloomberg)
- Sources: Meta built a prototype humanoid robot with Chinese firm Fourier in three months and is building a second; Meta says it has no plans to sell these units (Jyoti Mann/The Information)
- When talking about local inference, Sam Altman says supply-constrained DRAM is better used in data centers than sitting in PCs and "being used 5% of the time" (Andrew E. Freedman/Tom's Hardware)
- As AI models commoditize, lasting wealth will accrue to those controlling chokepoints like distribution, payment rails, and a stablecoin dollar, not to the labs (The Commanding Heights)
- A look at growing bipartisan opposition to AI data centers in drought-stricken Arizona, where TSMC's chip fabs were welcomed but newer projects face backlash (Gaby Del Valle/The Verge)
- Sources: Baseten is raising ~$2B in two tranches, one valuing it at $26B and the other at $30B; Baseten was valued at $13B in June after raising $1.5B (Bloomberg)
Markdown (.md) · JSON-LD schema (.json) · Machine-readable for AI & GEO