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Top story Democrats sweep midterms; crypto rallies as BTC rebounds from $75.7K dip to above $81K

Republicans lost Congress despite roughly $170.5M in crypto industry election spending, leaving the Clarity Act and broader market structure legislation in doubt while bitcoin rebounded from a midterm dip.

full coverage →policyelectionsmarket
Binance resumes operations after record hack 'north' of $6B; phishing-style fake job interviews blamed

The hack is one of the largest in crypto history and has revived scrutiny of exchange security and of Wall Street's tokenization push, with North Korean actors resuming laundering of stolen funds.

full coverage →securityexchangeshacks
Texas midterm results expose voter unease over AI data centers, hitting crypto miners and developers

Democratic wins in Texas over data center siting signal new permitting hurdles for AI and mining buildouts, with Cipher Mining and other operators selling off.

full coverage →aipolicymining
Bitcoin miner Riot could pay Anthropic 12% interest under $28B AI deal

Miners continue converting energy capacity to AI compute, with deals like Riot-Anthropic drawing investor scrutiny as Texas election results cloud data center expansion.

full coverage →miningaideals
Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities

The law extends tax reporting obligations to crypto trading venues in a major Asian hub, mirroring global moves toward exchange-level disclosure.

full coverage →regulationtaxhongkong
Polkadot Treasury loses $1.38M after attacker exploits dotUSD stablecoin flaw patched months earlier

The loss highlights the risk of production releases missing security patches, and reports of a Hyperbridge exploit minting 1B DOT added to pressure on the token, which trades near $0.94, down 98% from its 2021 peak.

full coverage →polkadotsecuritydefi
SEC division backs Canton Coin as regulators stay on pro-crypto path

The SEC division's endorsement of Canton Coin adds to momentum in Wall Street tokenization and clarifies treatment of a major institutional blockchain token.

full coverage →regulationtokenization
Tether CEO says issuer holds 150,000 BTC, about 50,000 more than reserve report shows

The disclosure widens the gap between the CEO's public statements and the attestation in Tether's reserve report.

full coverage →stablecoinsreserves
Brazil's Mercado Bitcoin says it will refund users after $40M hack; attack continued after containment claim

A report says the intrusion continued for hours after the exchange said the attack was contained, adding to scrutiny of incident response at major exchanges.

full coverage →hacksexchangesbrazil
Arkansas sues Kalshi for illegal gambling, joining growing list of states targeting prediction markets

State-level litigation against prediction market operators is expanding even as federal regulators move to permit crypto-style event contracts.

full coverage →regulationprediction-markets
Jack Dorsey's Block faces $764M DOJ settlement as bitcoin profit plunges 50%

A potential nine-figure federal settlement compounds pressure on Block's bitcoin business amid falling profits.

full coverage →enforcementbitcoinfintech
Schroders brings emerging market bond fund to Solana in latest tokenization move

The $1.1T asset manager's Solana fund launch extends tokenized fund offerings beyond Ethereum and Ethereum-compatible chains.

full coverage →tokenizationsolana
Circle beats earnings expectations but cuts 5% of workforce

The USDC issuer trimmed staff even as revenue beat, reflecting continued cost discipline in the stablecoin business.

full coverage →stablecoinsearnings
CFTC clears stock perpetual futures, then faces suit over the move

The agency's approval of stock perps mirrors crypto-style perpetuals just as litigation challenges its authority, with Kalshi among the targets.

full coverage →regulationderivatives
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