Solid Intel 🛰
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Solid Finance & Crypto Intel news channel to keep you updated regarding all important market updates

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INTEL: Binance hackers swap 35 million stolen XRP into Bitcoin via THORChain, Elliptic says

About 60 million XRP still sits with the hackers, and THORChain swaps appeared halted again that morning with new deposits refunded


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INTEL: Jensen Huang's daughter Madison emerges as a leading candidate to become Nvidia $NVDA's next CEO

Madison is a senior director of physical AI product marketing, not an executive officer


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INTEL: Nvidia $NVDA board to decide Wednesday whether CEO Jensen Huang is removed | Per Bloomberg

Nvidia shares are down 8% after hours, and Bernstein has halved its price target to $200


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INTEL: South Korea plans to let crypto exchanges freeze withdrawals on suspected hacks

Current rules only allow exchanges to restrict withdrawals after a hack is confirmed. The regulator also wants 24/7 monitoring and larger cold wallet holdings


Updates
• Exchanges must also run 24/7 monitoring and hold more assets in cold wallets
• FSC to issue no-action letters so exchanges can freeze withdrawals preemptively on suspected hacks

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INTEL: Indian crypto exchange Unocoin reportedly hacked

Unocoin disclosed unauthorized server access on November 9 and disabled user logins


Data: Arkham

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INTEL: UK economy grows 0.7% in third quarter

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INTEL: Canaan $CAN may sell more Bitcoin to fund stock buybacks

The Avalon maker has launched a $20 million repurchase program, and most of its Bitcoin was pledged or placed in a fixed-term product at the end of September


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INTEL: Germany's DAX hits record high for the first time since late August

The index is up 0.9% on the day


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INTEL: China tells US to stop fabricating a Chinese spy narrative over Nvidia $NVDA's Jensen Huang | Per Bloomberg

Beijing says the allegations are a pretext for a technological blockade and that China's progress relies on independent innovation


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INTEL: Huang exit could cut Nvidia's long-term value by $1.4 trillion.

Alleged Chinese spy Alice Huang is now in China, and Megaspeed's founder is reportedly in Beijing with government knowledge


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INTEL: India overtakes Taiwan as the world's 5th largest stock market | Per Bloomberg

India's market value rose to $5.4 trillion as global funds bought a net $6 billion of Indian shares in November, while Taiwan's AI and tech sell-off dragged its market lower


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