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John Liu commented on the decentralized nature of blockchain, emphasizing the importance of maintaining fleets of nodes to stay connected and updated with the blockchain to avoid risking digital assets.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 4:49 pm

IDCBY

The New York branch of the Industrial and Commercial Bank of China (ICBC) experienced a cyberattack involving Lockbit 3.0 ransomware, which disrupted the U.S. Treasury market. The attack exploited vulnerabilities in Citrix-managed services, previously flagged by U.S. officials. ICBC's Financial Services unit, significant in the Treasury market, had to disconnect from the market and manually clear trades. The FBI, DHS, and CISA had warned about such vulnerabilities and ransomware risks earlier.

Portfolio Pulse from Vandana Singh

November 14, 2023 | 4:46 pm

UUP

The IDF claims that Hamas is using Gaza hospitals, including Al-Rantisi, for military purposes, which Hamas denies. President Biden and the WHO call for the protection of these hospitals amid the conflict. Israeli stocks and the shekel strengthened following a global market rally due to a softer U.S. inflation report. The Invesco DB USD Index Bullish Fund ETF (UUP) saw the U.S. dollar index drop by 1% after the inflation report.

Portfolio Pulse from Piero Cingari

November 14, 2023 | 4:03 pm

EIS

SPY

President Biden expressed optimism about the release of hostages, indicating that he believes it is going to happen. The article does not provide further details on the context or the impact on specific companies or ETFs.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:56 pm

FXI

SPY

President Biden emphasized the importance of normal and military communication with China, stating efforts to improve the U.S.-China relationship.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:55 pm

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At Benzinga's 'Future of Digital Assets' Conference, Architect Founder & CEO Brett Harrison discussed Sam Bankman Fried's intention to raise more funds to cover stolen customer funds and his alleged criminal activities.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:39 pm

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Cody Carbone discussed the use of cryptocurrencies in illicit finance, noting that the UN estimates only 2.5% of crypto is used for such purposes. The discussion took place during the Benzinga Fintech Awards event, which was live-streamed.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:15 pm

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Katherine Wu, a speaker at the Benzinga Fintech Awards, stated that blockchains are not ideal for criminals due to their transparent nature. This transparency makes transactions on blockchains easily traceable, which is a disadvantage for illicit activities.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:12 pm

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Cody Carbone commented on the current state of digital asset legislation, noting a trend of reactionary proposals in response to the industry's challenges. He also mentioned a negative sentiment towards crypto in Washington DC, which he referred to as a 'stink on crypto'.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:08 pm