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Morning Edition · Saturday, October 31, 2026Published at 1:43 AM EDT · New York
Lummis says the stalled CLARITY Act would have sped up Binance freezes, while a critic says it would have required court orders
Commodity Futures Trading Commission Chairman Michael Selig used the hack to offer offshore exchanges a federal registration path, and President Trump said the administration is looking into the theft.
Senator Cynthia Lummis, the Wyoming Republican and a lead author of United States crypto legislation, wrote on X that the theft took less than four hours. She said the CLARITY Act "would have given crypto firms legal cover to freeze suspici…
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Crypto Market-Structure Bill Stalls in the Senate
Ethics disputes over the president's personal crypto ventures keep displacing the substance of United States market-structure legislation, leaving digital-asset rules dependent on agency discretion rather than statute.
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- Binance traces $6.3 billion theft to one engineer's hacked laptop as investigators name North Korea's TraderTraitor
- EIP-7702 delegation let the Binance attacker sweep about $2.5 billion on Ethereum, and researchers propose narrower signing rules
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- Aztec discloses a critical flaw in its Alpha V5 proving system that left the network unable to tell which transactions it should have rejected
- Bridge and vault exploits cost zkLink Nova, an Avalanche tranche vault and Initia about $4.5 million combined
- Trezor tells buyers from reseller CryptoBilis to move funds after a report of a cellular implant inside a Safe 5
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