France backs reporting for self-custodied crypto worth 100K euros or more
The amendment would require taxpayers to report holdings worth at least $112,000, but the measure still needs to survive the budget process.…
Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’
SEC staff’s noaction letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status. Source：Cointelegraph
Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says
Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.…
Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure
Sun plans to refile his tokenfreeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10. Source：Cointelegraph
Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’
Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.…
Binance hackers move 81% of stolen Solana, route funds via THORChain
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swaps. Source：Cointelegraph
Democrats win US House to secure control of Congress in midterms
Democrats will take control of House committees in January 2027, giving them power to investigate President Donald Trump’s administration. Source：Cointelegraph
Bitcoin bounces from 7-week low under $76K as Democrats sweep Congress
Bitcoin price downside reached a sevenweeklow of $75,618 as 24hour crypto long liquidations neared $300 million. Source：Cointelegraph
Ethereum dev targets 2028 for quantum resistance, a year early
Ethereum researcher Justin Drake said it is their “hope” that Ethereum will achieve its postquantum and postAI transition by December 2028. Source：Cointelegraph
Democrats claim control of the US Senate
The shift in Senate control could change the path for the CLARITY Act, reshape committee leadership and bring closer scrutiny of Trump’s crypto businesses.…
ZachXBT identifies French bank as alleged victim of $133M crypto theft
The French bank has not confirmed its alleged involvement in the crypto theft, which ZachXBT said could have resulted in losses exceeding $133 million.…
1inch lawyer sees agencies driving US crypto regulation as midterms unfold
Crypto executives expect US regulators to drive crypto policymaking regardless of the midterm election outcome. Source：Cointelegraph