Crypto news
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BitMart Founder Confirms Hack During Restructuring
Bitquery traced about $391,000 in outflows mostly from BitMart-linked wallets to an address used in the Mercado Bitcoin attack.... Read the full story at The Defiant
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Democrats surge toward Senate, House majorities, with crypto braced for new direction
The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands.
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Bitcoin briefly sinks to $75,700 as bets on a Democratic sweep rattle markets
Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress.
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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.
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Former Sen. Sherrod Brown defeats Jon Husted, dealing a blow to crypto PAC Fairshake
Former Democratic Sen. Sherrod Brown is taking back his spot in the Senate, leaving crypto political action committee Fairshake with the bag.
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Block Inc. shares rise 6% after-hours as it raises full-year profit forecast
Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth.
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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.
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Solana Breaks Below $90 as Bitcoin Slides Under $76,000
SOL has lost about 24% in four weeks, more than double bitcoin's decline over the same window.... Read the full story at The Defiant
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South Korea’s ruling party formally proposes deferral of crypto income tax
The party leader stated that the country should first enact the Digital Asset Basic Act, a comprehensive legal framework for crypto.
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THORChain Restarts Most Swaps, With 14 Nodes Yet to Upgrade
Cosmos Hub, BNB Smart Chain and Solana still have trading and outbound-signing restrictions.... Read the full story at The Defiant
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South Korea’s Ruling Party Formally Seeks Crypto Tax Delay
Kim Min-seok wants a digital-asset framework enacted before taxation. A two-year postponement is under discussion, but the legal start date remains Jan. 1, 2027.... Read the full story at The Defiant
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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.
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Live updates: 2026 U.S. midterm elections
Voters are choosing who will represent them in the House, Senate and state-wide seats.
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RUNE rallies 15% as THORChain restarts most swaps after outage
THORChain has restored trading on Bitcoin, Ethereum and several other networks following a refund bug, while three chains remain paused.
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OpenAI Wants to Rebrand AI Data Centers, Use Them to 'Protect the Grid'
The ChatGPT maker says future facilities could ease pressure on power grids by cutting demand during emergencies.
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What voters said about their views on crypto
A CoinDesk-commissioned poll from April sheds light on how voters — who aren't necessarily part of the crypto sector — view this industry.
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US midterms election 2026 live: What they mean for crypto
Follow live coverage of the 2026 US midterm elections, including key congressional races, crypto-backed candidates and what the results could mean for digital asset regulation.
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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 after a theft, but the markets around them can still break down when stress hits.
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Tether Holds 150,000 Bitcoin, CEO Says—About 50,000 More Than Its Reserve Report Shows
Paolo Ardoino told the Plan ₿ Forum in Lugano the company owns “give or take 150,000 Bitcoin,” but its Q3 reserve report implies just 100,060.
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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.
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SEC division views Canton Coin as digital commodity in no-action letter
SEC's Division of Corporation Finance won't recommend enforcement over Canton Coin's programmatic issuance, calling CC a digital commodity.
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Anthropic's AI Is Getting Cheaper to Use. That's Becoming a Problem for Its Business
Claude's prices are falling, but Anthropic's computing expenses grew faster than sales in the latest quarter—a tricky equation ahead of its IPO.
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SpaceX blocks tokenized stock listing on OKXICE despite offshore trading boom
SpaceX joined several other issuers objecting to OKXICE tokenized trading, months after crypto platforms offered tokens tied to its shares.
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CrowdStrike Launches AI Agent 'Kill Switch,' Plans to Acquire Fiddler AI
CrowdStrike's new kill switch lets security teams cut off unauthorized AI agents through a gateway, while its planned Fiddler acquisition aims to make autonomous software easier to monitor and audit.
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CZ calls for crypto security alliance as AI-driven attacks accelerate after Binance hack
In his first interview since the Binance hack, Changpeng Zhao says AI is accelerating cyberattacks and calls for industry security alliance.
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SEC Staff Grants Canton Coin No-Action Relief for Token Minting
The division views Canton Coin as a digital commodity, relying on its network utility and the absence of a controlling central party.... Read the full story at The Defiant
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Justin Drake Targets December 2028 for Ethereum’s Post-Quantum Transition
The proposed fork sequence would accelerate work across three protocol layers, while migrating existing wallets remains a separate task.... Read the full story at The Defiant
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Justin Sun Accuses Trump-Backed World Liberty of Using UAE Ties to Escape Federal Court
Tron founder Justin Sun said he has asked a federal court to sanction World Liberty Financial, alleging the Trump family-backed venture delayed disclosing UAE ties that could defeat federal jurisdiction over his lawsuit.
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CFTC clears stock perpetual futures for trading on US exchanges
US regulators are opening the door to stock-based perpetual futures, extending a popular crypto trading product into traditional markets amid ongoing legal disputes.
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CFTC Chair Says Equity Perps Can Begin US Trading
Kraken responded with ‘coming soon 👀’ as Selig outlined access through futures exchanges also registered with the SEC.... Read the full story at The Defiant