PRESS DIGEST -Wall Street Journal - October 30
Oct 30 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- Binance, the world's largest cryptocurrency exchange, said it had frozen $3 billion in crypto assets as it investigated a potential security breach, with stablecoin issuers Circle CRCL.N and Tether freezing related assets.
- DoorDash DASH.O said on Thursday it would buy Instacart CART.O in a deal valued at about $17 billion, stepping up its push into the fast-growing US grocery delivery market as competition intensifies among app-based platforms.
- Residential security firm ADT ADT.N has agreed to be taken private for $7.6 billion by Thrive Holdings, a permanent capital vehicle created by Josh Kushner's Thrive Capital to buy businesses in critical industries and improve their prospects with technology, including AI.
- At least $2.6 million in user funds was drained from Polymarket accounts after hackers exploited an engineering flaw in the prediction market’s website.
- Asia-focused investment firm PAG will acquire a 51% stake in Evergrande Property Services Group 6666.HK for HK$4.03 billion ($513.64 million), the unit of debt-laden developer China Evergrande Group said on Friday.
- Ukraine’s military has paused its strikes against Russian oil refineries, people with knowledge of the operations said, after weeks of pressure from US President Donald Trump shook Kyiv’s confidence in US support.
($1 = 7.8460 Hong Kong dollars)