{
  "id": 17199376,
  "title": "Live News: Binance hack rattles crypto as Intel plunges and AI spending fears hit tech",
  "url": "https://urgent.news/2026/10/30/live-news-binance-hack-rattles-crypto-as-intel-plunges-and-ai",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-30T08:36:52.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/markets/2026/10/30/live-news-binance-hack-rattles-crypto-as-intel-plunges-and-ai-spending-fears-hit-tech"
  },
  "original_language": "en",
  "account": null,
  "summary": "A $6.3 billion hack of Binance has contributed to jitters within the cryptocurrency market, according to CoinDesk. Simultaneously, the QQQ fell more than 2% due to mounting concerns regarding AI spending and weak earnings outlooks.\n\nEuropean shares declined on Friday as a series of technology earnings reports drove investors toward safer assets, according to Investing.com. The pan-European STOXX 600 fell 0.25%, while Germany’s DAX dropped 0.4% and France’s CAC 40 fell 0.1%. In contrast, London’s FTSE 100 gained 0.3%. Investing.com reports that Alphabet reported a revenue miss and negative free cash flow, while Amazon reported third-quarter capital expenditure of $77.3 billion, which is more than double the previous year. Additionally, Intel forecast fourth-quarter revenue below analyst expectations, citing a slowdown in the PC market.\n\nThe technology rout extended to Europe, where ASML, ASM International, BE Semiconductor, and Infineon each fell by more than 4%, Investing.com reported. ECB President Christine Lagarde noted on Thursday that long-dated borrowing costs are rising globally, partly because hyperscalers are issuing more long-term bonds.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}