Archive snapshot · Launchpad
Wed, Nov 4, 6:16 PM ET
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Democrats sweep Congress, forcing crypto industry to rethink Washington strategy
Republicans lose unified control of Washington as midterm results hand Democrats both chambers, upending two years of a favorable crypto policy climate.
Theblock · +5 outlets
Binance says fake job interview and internal AI tool enabled $6.3 billion breach
Binance's incident report details how attackers gained access to systems involved in the theft, as CZ calls for an industry security alliance and laundering con
Theblock · +14 outlets
Democratic sweep may kill the Clarity Act as tighter crypto oversight looms
Experts warn market-structure legislation is likely dead in its current form, though tokenization and stablecoins may survive under existing law.
Coindesk · +3 outlets
Crypto super PAC Fairshake suffers costly midterm setback, especially in Ohio
More than a third of Fairshake's election spending failed as Sherrod Brown defeated Jon Husted, denting the industry's reputation as a decisive campaign force.
Coindesk · +2 outlets
Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack
Bitcoin recovered from a drop near $75,700 after Democrats won Congress, with DeFi tokens leading gains and Trump-linked coins falling.
Theblock · +12 outlets
Morgan Stanley among first banks to tokenize US equities and Treasurys via DTCC service
The bank converted US equities and Treasurys into tokenized form through the DTCC's Tokenization Service launched Oct. 28.
Theblock · +14 outlets
Circle reports $865 million Q3 revenue and reserve income, cuts 5% of workforce
The USDC issuer beat estimates on strong transaction volume while disclosing layoffs affecting about 5% of staff.
Theblock · +14 outlets
CFTC approves individual stock perpetual futures in the US for the first time
The approval lets US exchanges offer perpetual futures tied to individual stocks, a step toward onshore perp trading.
Theblock · +13 outlets
Schroders launches tokenized emerging markets debt fund on Solana with Centrifuge
The $1.1 trillion asset manager brings an actively managed emerging markets bond strategy onchain, expanding tokenized fund offerings.
Theblock · +12 outlets
ZachXBT links French bank Crédit Mutuel Arkéa to $133 million crypto theft
The onchain sleuth says the bank may have lost over $133 million from exchange accounts, with Crypto.com blocking linked funds.
Coindesk · +14 outlets
Block faces $764 million DOJ settlement as quarterly bitcoin profit halves
The proposed AML agreement comes as lower Cash App trading fees cut Block's bitcoin gross profit by 50%, though the company raised its full-year profit forecast
Coindesk · +14 outlets
Bitcoin miner AI data center plans face new risk after Democrats' Texas wins
Analysts cut miner price targets as election results raise concerns over power access and permits for AI data center buildouts.
Coindesk · +14 outlets
SEC no-action letter treats Canton Coin as a digital commodity
The SEC's Division of Corporation Finance said it won't recommend enforcement over Canton Coin's programmatic issuance.
Theblock · +7 outlets
Grayscale and BlackRock see growth ahead despite crypto's Washington setback
The asset managers say global demand and institutional adoption will sustain the industry, with BlackRock seeing little impact on its crypto business.
Coindesk
Justin Sun seeks sanctions against World Liberty Financial over alleged hidden UAE ties
Sun plans to refile his $45 million lawsuit in California state court, alleging the Trump-linked firm hid its UAE citizenship.
Theblock · +10 outlets
Zcash grants committee drops plan to redirect 98,000 ZEC to mining rewards
The committee withdrew the proposal after community backlash, leaving competing plans to cut its funding or preserve the grants system.
Coindesk · +7 outlets
South Korea's ruling party formally proposes two-year delay of crypto income tax
The party says the country should first enact the Digital Asset Basic Act and wait for global tax-sharing rules.
Theblock · +1 outlets
BitGo launches institutional trading and financial solutions business
The new Global Markets unit is headed by former NYDIG executive Pete Janney, expanding BitGo beyond custody.
Theblock · +1 outlets

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