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: