Record Breaking Binance Hack Hits Markets, Kalshi Hits New Valuation, And More – Weekly Recap
A weekly roundup covering a potential multibillion-dollar Binance hack, Kalshi's $1 billion raise at a $40 billion valuation, and Datavault AI's inability to access 817.6 BTC. It also notes Coinbase's return to profit with $719 million in Q3 net income. The mix of exchange security and treasury risk is a reason for traders to watch counterparty exposure.
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