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Democratic sweep of Congress forces crypto industry to rethink its Washington strategy

Democrats taking Congress is expected to shift the policy debate toward consumer protection, clouding the path for broader crypto legislation even as tokenization and stablecoins may proceed under existing law.

full coverage →policyregulationelections
Circle posts $865 million in Q3 revenue and reserve income, discloses 5% workforce cut

The stablecoin issuer's revenue disclosure came alongside layoffs affecting roughly 5% of staff.

full coverage →stablecoinsearningsusdc
Canary's Staked INJ ETF debuts on Nasdaq with exposure to staking rewards

The listing gives U.S. investors exposure to Injective's INJ token plus staking rewards reflected in NAV, and INJ rallied on the news.

full coverage →etfinjectivestaking
Kraken parent Payward and its clients buy AAVE tokens on the secondary market

The purchases follow June talks that included a proposed equity stake in Aave Group, extending Kraken's DeFi investment push.

full coverage →defiaavekraken
Uranium Digital raises $16.5 million to bring uranium trading on-chain

The Series A comes as Big Tech's nuclear power commitments raise interest in tokenized commodity markets.

full coverage →fundingtokenizationcommodities
Arkansas sues Kalshi, alleging illegal gambling operations cause mental harm

Arkansas joins a growing list of U.S. states filing criminal or civil action against the prediction market platform.

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

Firms must collect customer and transaction data from 2027, with Hong Kong sharing it with overseas tax authorities from 2028.

full coverage →regulationtaxhongkong
Trump-linked American Bitcoin swings to $126 million Q3 profit but misses revenue estimates

Revenue fell to $63.4 million as bitcoin production declined and higher summer electricity prices raised mining costs.

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

The agreement lets Anthropic finance part of the data-center build and collect interest through rent deductions, as Riot sells most of its bitcoin to fund the pivot.

full coverage →miningaidatacenters
Google could take stake in TeraWulf's $19 billion AI project if Anthropic defaults

The data-center agreement includes an unusual provision letting Google acquire part of the project if Anthropic fails to pay rent.

full coverage →miningaidatacenters
Anchorage Digital seeks CFTC swap dealer registration for crypto options business

The crypto bank plans to offer European-style bitcoin and ether options if the application is approved.

full coverage →regulationderivativescustody
Binance cuts SignalPlus access after security warning, urges users to check accounts

Binance says its own systems are unaffected but removed trading connections to the third-party platform as a precaution.

full coverage →securitybinanceexchanges
Coinbase says 99% of customer assets sit in cold storage after Binance's $6.3 billion breach

The disclosure comes as exchanges face scrutiny over custody practices following the Binance hack.

full coverage →securitycustodycoinbase
Gate CEO says exchanges must prove they can survive a hack like Binance's

Lin Han says Gate holds enough cold-storage assets to cover customer balances even if hot wallets are emptied, with an independent audit underway.

full coverage →securityexchangescustody
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