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• Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains (Olga Kharif/Bloomberg)

  The cryptocurrency exchange's latest financial results demonstrate a return to profitability after enduring a year of losses, buoyed heavily by paper increases in digital asset values. Even as underlying top-line sales contracted sharply compared to the previous year, operational outcomes aligned with market expectations. This performance highlights how closely the company's net bottom line remains tied to broader market asset valuations.

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• Why is Gilead Sciences stock surging today?

  Market participants are closely watching Gilead Sciences as its equity experiences a sharp upward move during trading. Details explaining the exact fundamental catalysts or drivers behind the sudden rally have not yet been disclosed. Investors currently await further corporate announcements or market disclosures to explain the firm's trading momentum.

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• Binance-hacker-1029 – $5.6B stolen from Binance

  A massive cyber incident has struck the major digital asset platform Binance, resulting in the reported theft of roughly $5.6 billion. The staggering loss marks one of the most substantial security breaches ever recorded across the cryptocurrency exchange sector. Industry observers and investors are closely watching the fallout as concerns mount over market stability and platform safety.

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