French banking group Crédit Mutuel Arkéa has revealed on November 4 that hackers used its own account to make fraudulent transfers in a cyberattack involving a reported €118 million ($133 million), with some funds potentially converted into cryptocurrency. Summary Crédit Mutuel Arkéa disclosed a cyberattack involving a reported €118 million ($133 million), but has not
Only a third of Ripple’s RLUSD stablecoin sits on the XRP Ledger, on-chain data showed: a reminder for Ripple XRP holders that the company’s biggest wins don’t all reach the ledger. The split is lopsided. The XRP Ledger holds $862.8 million of RLUSD, against $1.72 billion on Ethereum, and Ripple’s latest attestation put total circulation
Democrats have put the crypto industry’s financial ties to President Donald Trump and his family at the center of their planned congressional investigations after winning control of both chambers in the U.S. midterm elections. Summary Democrats plan to scrutinize financial relationships between crypto businesses and the Trump family. Elizabeth Warren is expected to lead Senate
Wall Street’s push to bring finance onto blockchain rails may continue under existing laws, though the SEC and CFTC face tougher oversight and questions over how long their rules will last, experts said. Source link
Cipher Digital shares have fallen nearly 19% to around $6.60 on Nov. 4 following Gina Hinojosa’s victory in the Texas governor’s race, after the Democrat campaigned for a moratorium on new data centers. Summary CIFR traded near $6.60 on Wednesday morning before falling further in the session. Hinojosa has called for a pause on new
House Democrats have begun discussing a crypto market structure bill for the next Congress that would give the Securities and Exchange Commission more oversight and revive investor protections proposed by Representative Maxine Waters. Summary Democrats are discussing a market structure proposal built around Waters’ rejected 2025 investor protection amendment. SEC supervision and a more limited
Stock perpetual futures can keep trading on Kalshi, Coinbase Derivatives and Bitnomial for now after a federal judge denied an emergency bid to halt them Tuesday, while finding that the Wall Street-backed challengers are likely to prove the CFTC overstepped its authority. U.S. District Judge Valerie Caproni denied the temporary restraining order on Nov. 3
A federal judge has rejected an emergency request to halt US stock perpetual futures while finding that the challengers are likely to succeed in arguing that the CFTC exceeded its legal authority. Summary Stock perpetual futures avoided an emergency trading halt in a lawsuit backed by Cboe and Citadel Securities. Judge Valerie Caproni found the
Binance ZEC TON SUI withdrawals are back after the Oct 29 crypto hack. Users can again move Zcash, Toncoin-network assets, and Sui off the exchange. Solana and Polygon exits had already restarted. Binance says company reserves and SAFU are covering lost balances while more rails return in phases. Binance ZEC TON SUI Withdrawals Expand Across
Stripe has made stablecoin payouts to crypto wallets available to eligible U.S. businesses across more than 160 recipient markets, with New York companies excluded from the public preview. Summary U.S. businesses can send USDC or OUSD directly to recipients’ external crypto wallets. Nine networks support USDC payouts, while OUSD is available across four supported chains.
