FINANCE

TRUMP CRYTO RESERVE ANNOUNCEMENT SPURS A LARGE MARKET SURGE

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U.S. President Donald Trump announced the inclusion of five digital assets in a proposed strategic reserve. The selected cryptocurrencies—Bitcoin, Ethereum, XRP, Solana, and Cardano—saw their market values soar within hours of the revelation. Bitcoin alone surged over 11% to $94,164, while Ethereum jumped 13% to $2,516, according to data from CoinGecko. The overall crypto market cap spiked by over $300 billion in response.

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US BITCOIN HACKER GETS 5-YEAR SENTENCE IN $7.6B CRYPTOCURRENCY THEFT

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A federal judge sentenced Ilya Lichtenstein to five years in prison Thursday for orchestrating one of history's largest cryptocurrency heists, involving bitcoin worth over $7.6 billion at current prices.

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THE $1.5 BILLION CRYPTO HEIST: HOW NORTH KOREAN HACKERS PULLED OFF THE BIGGEST THEFT IN HISTORY

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In a cyber heist that stunned the global financial community, North Korean hackers have pulled off the biggest cryptocurrency theft in history, stealing a staggering $1.5 billion from Bybit, the world's second-largest crypto exchange.

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FTX SUES BINANCE AND EX-CEO ZHAO OVER $1.8 BILLION ALLEGED FRAUDULENT TRANSFERS IN SAM BANKMAN-FRIED CASE

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The now-collapsed cryptocurrency exchange FTX has filed a lawsuit against Binance, the world's largest crypto exchange, and its former chief executive Changpeng Zhao. The legal action seeks to claw back a staggering $1.8 billion that FTX alleges was fraudulently transferred by its disgraced co-founder Sam Bankman-Fried.

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CHINA'S DEEPSEEK SHAKES US STOCK MARKET

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The rapid adoption of DeepSeek, a budget-friendly chatbot from a Chinese AI company, has triggered a significant reaction in the US stock market. The app's swift rise to the top of free downloads, overtaking competitors like Chat within a week of its public release, has sparked concern in Silicon Valley. Shares of major AI-related tech companies, including Nvidia, Microsoft, and Meta, saw substantial declines on Monday.

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INFLATION IN EUROZONE REBOUNDS MORE THAN EXPECTED

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The eurozone's annual inflation rate rebounded more than expected in October due to rising food costs, official data showed on Thursday, but remains in line with the European Central Bank's two-percent target.

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BITCOIN HITS NEW RECORD OF $106,000

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Bitcoin has soared to a new all-time high, surpassing $106,000. This remarkable increase continues a rally that has seen the cryptocurrency's price climb over 50% following Donald Trump's victory in the 5 November election.

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BOEING ANNOUNCES STOCK OFFERING TO RAISE UP TO $19 BN

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Boeing has unveiled a stock offering aimed at raising up to $19 billion for debt repayment and subsidiary investments.

The aviation giant, which last week reported a whopping $6.2 billion quarterly loss, has been suffering from a strike by some 33,000 US workers that has paralyzed two major plants since mid-September.

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