Binance pauses withdrawals after hack, billions stolen
Binance halted withdrawals on multiple networks after a cyberattack that may have stolen billions in crypto. The exchange says user funds are safe and is investigating the incident.
Key points
Binance temporarily suspended withdrawals on multiple networks following a security incident.
Estimates of the loss range from $2 billion to upwards of $5.7 billion in crypto.
Sources
Dream AI world model launch with $17M seed funding
Dream announced a built-world AI model trained on over 100 million sq ft of U.S. permit data, backed by $17 million in seed funding. The platform is already used on ten projects in Texas and California.
Key points
Seed round of $17 million led by Andreessen Horowitz
Model trained on more than 100 million sq ft of building data from permit archives
Deployed across 10 active projects in Texas and California
Founders Andy Elder and Arjun Mathur are ex-Palantir executives
Sources
Orbit Media survey shows 14% strong blog results, lowest in 12 years
Orbit Media surveyed 1,042 marketers and found 14% say their blog delivers strong results, the lowest in 12 years. AI use is at 92.4% but the decline tracks with keyword research, original research and editing falling off.
Key points
14% say their blog delivers strong results, the lowest in 12 years.
92.4% use AI.
Decline tracks with keyword research, original research and editing falling off.
Sources
Elon Musk is ‘truly a genius,’ says Vladimir Putin, close contact on Rassvet
Elon Musk is ‘truly a genius,’ says Vladimir Putin and notes they are in “close contact” about Rassvet, Russia’s Starlink-like satellite connectivity project. Putin made the comment at the Russia-Africa Summit.
Key points
Close contact: Putin said he and Musk are in “close contact” about Rassvet.
Rassvet: Described as Russia’s answer to Starlink.
Sources
Reddit CEO says Google AI Mode does not drive traffic
Reddit CEO says Google’s AI Mode does not drive traffic, noting a drop of over 1 million weekly referrals. He adds Reddit is still a top search term on Google.
Key points
Search traffic in October dropped by more than 1 million referrals on average per week.
Reddit remains a “top search term” on Google.