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SEC sues Elon Musk, claiming disclosure failures with Twitter stock

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The US Securities and Exchange Commission alleges Musk violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022.

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Binance net outflows surge to $5.8B as withdrawals resume after record hack

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The exchange says withdrawals surged after some services resumed but have since slowed, with the outflows representing a fraction of its roughly $171 billion in customer assets.

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$3.6B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest

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Binance has reopened withdrawals following the world’s biggest ever hack, and THORChain co-founder argues it should not halt the protocol to comply with FBI demands.

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DeepSeek developing AI agent requiring less human input: Report  

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The proposal comes amid intense competition among AI developers, including US companies Anthropic and OpenAI, the SCMP said.

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