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  3. Lombard says all products, including LBTC and BTC.b, have no Binance exposure

Lombard says all products, including LBTC and BTC.b, have no Binance exposure

Tapbit Pulse - Tapbit NewsTapbit Pulse·Source:Coinness·Published on 2026-10-29 22:09
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Bitcoin liquidity staking protocol Lombard (BARD) said none of its products, including LBTC and BTC.b, has exposure to Binance. Lombard added that the protocol is operating normally and has taken all preventive measures.

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15:53

Binance SAFU Wallet Transferred Out 7,500 BTC Half an Hour Ago, Possibly to Top Up Assets Needed for Proof of Reserves

Tapbit news, October 31: According to monitoring by on-chain analyst Ai Yi, the Binance SAFU wallet transferred out 7,500 BTC ($580 million) half an hour ago, possibly to top up assets needed for proof of reserves; the address currently still holds 7,500 BTC. Binance co-founder Yi He subsequently stated that reserves for BTC, ETH, USDT, BNB, SOL, USDC, XRP, USD1, RLUSD and ZEC have returned to 100%.

10:16

Intel plunges 28.58%, with the U.S. government's stake value evaporating by approximately $12 billion in a single day.

Tapbit news, October 31 — According to data from the BIT stock platform, Intel closed down 28.58% on Friday at $65.76, marking its worst single-day performance since the 1970s. The U.S. government's approximately 10% stake in Intel shrank in value by about $12 billion that day, though the investment remains in profit. The value of Nvidia's stake in Intel also shrank by about $6 billion. Prior to this earnings release, Intel's stock had risen about 150% year-to-date.On guidance, Intel expects fourth-quarter revenue of $15 billion to $16 billion, below the LSEG consensus of $17.1 billion; adjusted earnings per share are expected at $0.25, below the expected $0.43. Chief Financial Officer David Zinsner said the PC market slowdown will last at least through the first half of 2027, with rising memory and other component costs putting pressure on the industry.In addition, an explosion this month at Intel's fab in Israel killed two people and seriously injured one, causing a prolonged production halt and affecting 10-nanometer chip shipments. Zinsner expects the incident to cause a total revenue loss of about $600 million over two quarters.The foundry business remains key to Lip-Bu Tan's push to transform the company. Intel's 18A chips have entered mass production at its new Arizona fab, but the new chips have no external customers yet. Tan said two customers are expected to be announced over the next two quarters, and development of the 14A chip is making significant progress.D.A. Davidson downgraded Intel from Buy to Neutral, arguing that despite industry-wide pressure on the PC market, the weakness in the business has made the current valuation difficult to support. Raymond James chief market strategist Matt Orton said this is not a "reckoning moment" for the AI industry, fundamentals remain strong, but investors need to re-examine the still-crowded positioning in the sector.[Source]

10:12

Rates Exchange has received investment from Coinbase Ventures

According to official news, the on-chain interest rate trading and hedging exchange Rates Exchange announced that it has received investment from Coinbase Ventures, with the amount undisclosed.It is reported that Rates Exchange is an on-chain order book trading platform for trading and hedging interest rates. The platform currently offers interest rate swaps and plans to launch calculation swaps, foreign exchange swaps, and fixed-rate equity options.

10:10

Rates Exchange secures strategic investment from Coinbase Ventures

On-chain order book-based interest-rate derivatives trading platform Rates Exchange announced it has secured a strategic investment from Coinbase Ventures, the venture capital arm of the largest U.S. cryptocurrency exchange. The investment amount was not disclosed.Rates Exchange said it provides infrastructure that allows DeFi and traditional finance participants to trade and hedge a range of interest-rate risks on-chain through a real-time order book. The platform currently supports its core interest rate swap, or IRS, service and plans to expand its derivatives lineup to include computing power swaps for compute trading, decentralized foreign exchange swaps, and fixed-rate equity options.

03:56

Address That Opened 25x Leveraged ETH Short Has Closed Its Position, Earning $692,000 in Five Days

Tapbit news, October 31: According to monitoring by on-chain analyst Ai Yi, the address that publicly opened a 25x leveraged ETH short on October 27 has exited with its profits banked, earning $692,000 over five days. Address 0xaea…c2416 previously held 9,700 ETH (about $22.46 million) at an entry price of $2,311.92; yesterday, it fully closed out at an average closing price of $2,239.5 during ETH's rebound after a pullback, having at one point been up as much as $1.337 million in unrealized gains. The account's total profit has now grown to $7.57 million.

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Tapbit Pulse delivers real-time crypto updates the moment they break — price moves, exchange announcements, on-chain activity, and market-moving headlines — sourced and verified from leading global outlets.

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