Pro-crypto candidates sweep 241 seats as Congress shifts power

The group's unofficial tally names CLARITY backers among the winners, but its ratings do not establish votes for passage.
This story was originally published by CryptoSlate.

The group's unofficial tally names CLARITY backers among the winners, but its ratings do not establish votes for passage.
This story was originally published by CryptoSlate.
Rep. Bill Huizenga, the No. 2 Republican on the House Financial Services Committee, lost his reelection bid to Democrat Sean McCann, the Associated Press called Wednesday afternoon, despite about $1…
French bank Credit Mutuel Arkea said Wednesday that a cyberattack allowed hackers to carry out fraudulent transfers from the bank’s own account, a theft that on-chain investigator ZachXBT has put at…
House Democrats are discussing a plan to turn Rep. Maxine Waters’ Crypto Investor and Consumer Bill of Rights into their own crypto market structure bill next Congress, with ideas that include a…
Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline storage for over 99% of assets, split private keys and kill switches.
TLDR: The crypto market structure bill under discussion could combine Waters’ consumer safeguards with provisions developed during earlier Senate negotiations. Democrats are considering a larger SEC…
Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.