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Deep & Emerging Tech·October 30, 2026·1 min read

Binance has reportedly been hacked, billions in crypto stolen

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A $5.7 billion exploit and frozen withdrawals at the largest exchange is a reminder that infrastructure risk in crypto is still existential, not theoretical. If your business touches on-chain assets, treat exchange and wallet counterparty risk like a core operational dependency, not a back-office detail.

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.