TechFlow Intelligence: After a $6.3 billion hack on Binance, users withdrew $4.7 billion in three days; two oil tankers struck mines in the Strait of Hormuz, triggering a surge in oil prices.

Binance suffered a $6.3 billion hack attributed by the FBI to North Korea, triggering roughly $4.7 billion in user withdrawals over two days, though the exchange says it has replenished 90% of stolen assets. Separately, Hyperliquid recorded $170 million in suspicious trades attempting to manipulate its oil price oracle. In macro markets, two oil tankers struck mines in the Strait of Hormuz, with ADNOC's CEO saying global inventories have drawn down nearly 1 billion barrels since the strait's supply disruption, diesel stocks at 35-year lows, and an LNG shortfall of 600 billion cubic feet; Iran says the strait won't reopen before sanctions relief, and oil transport costs have jumped from 5% to 30%. Oil briefly fell 3% on US-Iran diplomatic talks, while Shanghai gold dropped 3% and silver 5% as December rate-hike odds rose to 74.9%. OpenAI cut its fundraising target by $10 billion with a lower valuation, and China's Blackwell server prices tripled in four months to 16 million yuan for an 8-GPU unit. Watch for Binance liquidity restoration, oracle-manipulation fallout at Hyperliquid, and Hormuz reopening negotiations.