Closed
The Marked Chart Wire · Crypto
Binance Hack
Jeremy Allaire, CEO of Circle Internet Group, stated that the partnership with Binance remains strategically important despite the recent $6.3 billion security breach.
Part of a series: Binance hack triggers FBI probe and fund flow shifts
Prices from Before the open · based on Wed close · Opens 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Trading vs investing: pick your clock
Circle
Circle disclosed a 5 percent workforce reduction in its latest earnings report, recording $9.1 million in restructuring costs. The company noted that reserve income declined by 8 percent during the period.
Circle
Circle reported net income of $226 million for the third quarter, a 5 percent increase from the same period last year. The company stated that results exceeded expectations for earnings and revenue, driven by higher USDC transaction volume.
Circle Earnings
Circle reported third-quarter net income of $226 million, up 5 percent year-over-year. The company also announced a workforce reduction of 5 percent.
HotBinance Hack
Zach Pandl noted that institutional custody measures helped crypto assets recover after the $6.3 billion security breach at the exchange.
HotBinance Hack
Criminals moved 81 percent of the illicit Solana from the Binance breach, using THORChain for laundering once the platform restarted trading.
Binance Hack
Binance reported that attackers compromised an employee using a fraudulent job interview to access the company's systems and steal cryptocurrency.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.