---
title: "WuBlockchain Weekly: Democrats Win Congress, Binance Details $6.34B Hack, Vitalik Warns of Crypto Security Risks"
url: https://thecoingazette.com/wublockchain-weekly-democrats-win-congress-binance-details-6-34b-hack-vitalik-warns-of-crypto-security-risks/
date: 2026-11-06
modified: 2026-11-06
lang: en
author: "Coin Gazette Editorial"
description: "Democrats won both chambers of Congress as crypto markets plunged. Binance detailed its $6.34B hack ..."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 68
---

# WuBlockchain Weekly: Democrats Win Congress, Binance Details $6.34B Hack, Vitalik Warns of Crypto Security Risks

Democrats won both chambers of Congress as crypto markets plunged. Binance detailed its $6.34B hack involving fake job interviews and compromised AI tools. Vitalik urged the industry to prioritize survival. Hong Kong passed new crypto tax reporting rules, Circle reported $865M in quarterly revenue, and Tether disclosed holdings of 150,000 BTC. ICE's Hyperliquid initiative remains subject to regulatory approval. For the full weekly roundup, subscribe to our Substack: