Republican Andy Barr has won Kentucky’s U.S. Senate race, defeating Democrat Charles Booker and securing another potential ally for the cryptocurrency industry in Congress. With 55% vote, Barr will replace longtime Republican Senator Mitch McConnell, who is leaving the Senate after more than four decades representing Kentucky. Barr’s victory follows
Hong Kong is preparing to introduce a tokenized gold project that will allow banks to conduct transactions using digital tokens representing physical gold bars weighing 400 troy ounces, or approximately 12.44 kilograms. Christopher Hui, the city’s Secretary for Financial Services and the Treasury, announced the plan on November 2 during
Binance is reopening withdrawals for additional cryptocurrencies across Ethereum, Solana and several other blockchain networks as the exchange continues restoring services following its October 29 security breach, which resulted in losses estimated at $6.3 billion. In its sixth recovery update, published on November 3, the exchange said withdrawals for the
Kim Yo Jong, the sister of North Korean leader Kim Jong Un, has rejected allegations that Pyongyang was behind the $6.3 billion hack of cryptocurrency exchange Binance, calling the FBI’s accusation “absurd rhetoric” and a political provocation. In a statement carried by North Korea’s state news agency KCNA on Tuesday,
India’s Reserve Bank of India (RBI) and Financial Intelligence Unit-India (FIU-IND) are examining offshore crypto cards that allow residents to spend digital assets on everyday purchases and withdraw cash from ATMs, according to a November 2 report by The Economic Times. The scrutiny centres on whether these cards comply with
Abu Dhabi has signed four agreements with OpenAI to expand the use of artificial intelligence across government services, energy operations and investment, following a meeting between Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and OpenAI CEO Sam Altman on November 2. The Crown Prince witnessed the signing
Binance co-founder Changpeng Zhao has credited U.S. law enforcement agencies, including the FBI, Secret Service and Internal Revenue Service, for helping track and freeze funds stolen in the exchange’s $6.3 billion security breach. The Binance Hack Breakdown: How Attackers Breached the Exchange and Moved the Stolen Funds In a November
Crypto exchanges are reviewing their security systems after a $6.3 billion hack at Binance raised fresh concerns about how quickly attackers can exploit weaknesses in exchange infrastructure. The Binance Hack Breakdown: How Attackers Breached the Exchange and Moved the Stolen Funds Coinbase said it had adjusted the systems used to
On October 29, 2026, Binance suffered one of the largest cryptocurrency thefts in history. Attackers drained approximately $6.3 billion in digital assets from the exchange’s hot wallets. The theft affected multiple blockchains. Most of the funds were moved within just 20 minutes. While Binance continues investigating the breach, blockchain researchers
Trezor has warned customers who purchased its hardware wallets through reseller CryptoBilis to move their cryptocurrency after receiving a report of suspected physical tampering inside a Trezor Safe 5 device. The warning applies to customers who purchased any Trezor model through CryptoBilis since March 2026. Trezor is asking them to
