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Deep & Emerging Tech·October 29, 2026·1 min read

Binance Founder CZ Says Exchange ‘May Have Been Hacked’

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When the largest exchange’s founder publicly floats a possible hack, counterparty risk becomes a first-order variable for every trading, lending, and payments flow. Treasury and risk teams should assume temporary fragmentation of liquidity and pre-wire playbooks for rapid venue rotation.

Deep & Emerging Tech

Sandisk reports Q1 revenue up 378% YoY to $11B, vs. $10.7B est., forecasts Q2 revenue above est., announces an 8-for-1 stock split; SNDK drops 4%+ after hours

Sandisk nearly quintupling revenue to $11 billion yet trading down after hours shows how high the bar is for anything tied to AI and memory. If your thesis depends on “AI demand will lift all boats,” remember that markets are already pricing in explosive growth — surprises now have to be on durability and margins, not just top-line.