Live updates: Bitcoin and stocks post big gains, reversing overnight plunge following Blue Wave landslide
The biggest losers, so far, are the AI data center stocks following victories for several candidates who campaigned expressly against the sector.…
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
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
What voters said about their views on crypto
A CoinDeskcommissioned poll from April sheds light on how voters — who aren't necessarily part of the crypto sector — view this industry. Source:CoinDesk
What happens if North Korea steals Wall Street's tokenized assets next
The $6.3 billion Binance hack showed how quickly cryptocurrencies can disappear on blockchain rails. Tokenized securities may offer better recourse than crypto…
CFTC gets into legal clash over stock perps after having cleared path for crypto version
A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands.…
South Korea's president says country needs a ‘cybersecurity czar’ following $6.3 billion Binance hack
Lee Jae Myung said he wants a governmentwide agency to tackle cyberattacks as AI raises security concerns across financial institutions and critical…
Bitcoin steadies after dip to $76,300 as ETF outflows and midterm elections weigh on crypto
Bitcoin edged up 0.2% to around $76,900 since midnight UTC as spot ETFs lost $399 million for a second day and Binance customers pulled a net $4.72 billion.…
France postpones 2027 budget vote, crypto exit-tax proposals scrapped
The National Assembly postponed the vote on the budget’s revenue section for the second time, while the Nov. 17 deadline for the first reading examination…
Arbitrum’s council moved $30 million of Binance hack funds without the hacker’s key
A 12person committee briefly rewrote one of Arbitrum’s core contracts to spend from an address it held no key for, then put the code back. It’s the second time…
Binance begins second withdrawal phase, exchange outflows slow
The exchange says additional assets will become available for withdrawal from 04:00 UTC on Tuesday as security checks are completed, following an initial…
AI poses greater threat to Bitcoin than quantum computing, Swan founder says
The Swan Bitcoin founder warned that hackers are using large language models to exploit security flaws with just a few prompts. Source:Cointelegraph