According to reports, the perpetrators broke into a home in Minnesota, tied up the occupants, and held them at gunpoint for over nine hours while demanding access to their crypto wallets.
When the funds proved insufficient, they forced the homeowner to travel to a vacation property to retrieve additional wallets. In the end, the brothers stole more than $8 million, but they were later apprehended and sentenced to 15 and 15.5 years in prison, respectively.
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Department of Justice
Brothers Sentenced to Total of 366 Months’ Imprisonment for $8 Million Armed Robbery in Cryptocurrency Kidnapping Case
For Immediate Release U.S. Attorney's Office, District of Minnesota
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October was the worst month, with $6.5 billion lost across 89 incidents. Approximately $3.03 billion was successfully frozen or recovered, bringing the adjusted loss figure for the month to $3.47 billion.
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The flaw, which carries a severity score of 9.8 out of 10, reportedly affects servers running a vulnerable kernel rather than the blockchain itself.
Anthropic’s experimental Claude model managed to develop and deploy an exploit in just 53 minutes, gaining full control over a test server that utilized Multipath TCP.
A fix for the Linux kernel exists, but since Ubuntu has not yet released an update, validators have been advised to temporarily strengthen their security measures.
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X (formerly Twitter)
Tim Garcia (@TimGarcia0) on X
Validators! CVE-2026-98432 is patched in the linux kernel but not yet patched on ubuntu. Here's what you need to do if you're running ubuntu:
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The median balance was just $4.58, with most holders owning only a single asset.
Meanwhile, nearly the entire value was concentrated in a few dozen addresses—primarily those belonging to exchanges.
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Revenue reached $17 billion, with growth slowing to 47% ahead of an IPO.
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Coindesk
Anthropic posts $567 million Q3 operating loss as growth cools ahead of IPO
The Claude developer generated $17 billion in quarterly revenue, but higher computing costs resulted in a $567 million operating loss.
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X (formerly Twitter)
Wu Blockchain (@WuBlockchain) on X
Tether CEO Says Company Owns Approximately 150,000 Bitcoin
Tether CEO Paolo Ardoino said during his keynote at the Plan ₿ Forum in Lugano that the company owns approximately 150,000 BTC. He also…
Tether CEO Paolo Ardoino said during his keynote at the Plan ₿ Forum in Lugano that the company owns approximately 150,000 BTC. He also…
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They secured victories even in traditionally Republican-leaning states and are now vying for control of the House of Representatives.
Trump distanced himself from the defeat, claiming that had he been involved in the elections, the Republicans would have won by a landslide.
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Morgan Stanley has raised its price target for SpaceX to $300, but investors fear that the new Congress could subject Musk to legal proceedings.
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Yahoo Finance
SpaceX, Tesla slide as election risks mount, Morgan Stanley turns bullish
Investing.com -- Shares of SpaceX and Tesla fell Wednesday as Democrats’ strong showing in the US midterm elections raised fresh questions about Elon Musk’s political influence and the regulatory future of his sprawling business empire.
This would require a network upgrade via a hard fork; the initiative's proponents view this as a one-time measure to recover stolen funds.
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In his view, a mass sell-off of shares by employees and early investors in companies like SpaceX, Anthropic, and OpenAI could spark a crisis of confidence and lead to an outflow of capital from various markets—including Bitcoin. However, Hayes anticipates that cryptocurrencies will eventually rebound, driven by monetary injections from central banks.
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Substack
D is for Dilution
My eyes open. It's Saturday morning, Halloween weekend in Tokyo, October 28 2016. The goon squad decamped from Wyndham Gai, boarded a plane, and became yet another rowdy...
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X (formerly Twitter)
The Kobeissi Letter (@KobeissiLetter) on X
The era of massive Big Tech stock buybacks is over.
Combined buybacks by Alphabet, $GOOGL, Amazon, $AMZN, Microsoft, $MSFT, Meta, $META, and Oracle, $ORCL, fell to $4.4 billion in Q3 2026, the lo…
Combined buybacks by Alphabet, $GOOGL, Amazon, $AMZN, Microsoft, $MSFT, Meta, $META, and Oracle, $ORCL, fell to $4.4 billion in Q3 2026, the lo…