According to CNBC, The Strand agreed to pay $1,482,560 to settle claims over a $932,350 Paycheck Protection Program loan it received in 2021. The loan was barred because the bookstore is owned by Nancy Bass Wyden, wife of Oregon Sen. Ron Wyden, and the settlement resolved allegations that the store was ineligible for the funds. The Strand said the application error was unintentional. The settlement did not include a determination of liability by the bookstore.

Suspected North Korean hackers transferred about $1.46 million through Jupiter Lend and Circle’s cross-chain bridge, while Jupiter said the funds’ origins remained traceable. According to ChainCatcher, on-chain analyst @FabianoSolana said the funds initially left an FBI-flagged Solana wallet beginning with AffzFD, passed through intermediary wallets to about 35 temporary addresses, then were consolidated and deposited into Jupiter Lend. Minutes later, a new wallet withdrew a similar amount. The funds were then converted to USDC and moved from Solana through Circle’s cross-chain bridge, passing through Noble and dYdX before returning to a new Solana address. Across 16 transactions, about $1.4634 million was transferred out, then returned through 19 transactions; the amounts differed by about $10. The analyst said the funds had not been frozen. Jupiter Chief Operating Officer Kash Dhanda said the investigation so far showed that the attacker only deposited and withdrew funds through Jupiter Lend. Unlike the earlier Aave incident, in which stolen stablecoins were used to borrow assets that could not be frozen, the funds’ movements remain fully traceable through LP tokens, Dhanda said. He said the attacker therefore had not used Jupiter Lend to conceal the funds’ origins, and that Jupiter’s security team was monitoring the flows in real time. Circle had not publicly commented on the transfer or why the funds were not frozen as of publication.

Canva Inc. announced job cuts and a structural overhaul affecting more than one-fifth of its workforce, according to Bloomberg. The Sydney-based tech firm’s growth slowed for the first time in a decade.

Advanced Micro Devices Inc. forecast fourth-quarter revenue of $17 billion, plus or minus 3%, above analysts’ estimates, according to Bloomberg. The company said Tuesday that demand for data center processors remains strong. AMD is a key challenger to Nvidia Corp. in AI chips.

Portia Roberson, CEO of Focus: HOPE, said good public schools and affordable housing can draw people to Detroit and support continued modest growth, according to Bloomberg. She discussed population growth and workforce development as Michigan voters focused on the economy in an interview with Romaine Bostick on “The Close,” live from Detroit.

According to Jin10, AMD’s CFO expects fourth-quarter non-GAAP operating expenses to be about $3.75 billion.

According to Jin10, a U.S. Securities and Exchange Commission filing shows that Meta Platforms priced a $15 billion offering of senior notes in five tranches.

We need to assess whether the Binance hack is a short-term shock or a long-term threat by examining its business model, corporate culture, and pricing.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

From the elderly woman who made 500 million views in a stand-up comedy show to the AI ​​digital human that was taken down, Yu Jisheng dissects the bottom line for ordinary people to use AI to create IP, the methodology for creating hit products, and three monetization signals.

In just half an hour, Li Jiaqi's livestream sold nearly 100,000 Qianwen Office Monthly Cards, corresponding to approximately 2 trillion Tokens, marking the first time AI computing power has been made available to the general public.

According to calculations by JPMorgan Chase and Goldman Sachs, a Democratic sweep of both houses of Congress is the only scenario that would be detrimental to US stocks, with the AI ​​sector bearing the brunt.

The Hyperliquid ecosystem's first L2 network, Elysium, is about to launch its mainnet. PANews has compiled a list of 29 projects that have already joined the network, covering DeFi, LaunchPad, NFT, gaming, and prediction markets.

Alibaba sold 100,000 monthly office cards priced at 0.01 yuan each, using subsidies to acquire users, while the price of upstream tokens is rising.

Elliott warned that the US deficit, inflation, private credit, and AI bubble are all overlapping, and almost all bear market warnings have been sounded.

Warsh reduced the number of annual FOMC meetings from eight to six, indicating that the Federal Reserve is shifting from data-dependent practices back to a rules-based framework.

North Korea has rejected allegations that it was behind the $6.3 billion cryptocurrency theft from Binance, pushing back against the FBI's attribution of the record-breaking attack to a North Korean-linked hacking group.