Gate CEO says crypto exchanges must prove they can survive a hack like Binance’s
Lin Han says Gate holds enough assets in cold storage to cover customer balances even if its hot wallets are emptied. An independent audit is underway.…
Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote. Source:CoinDesk
Thailand to block Bitget in December over unlicensed crypto trading
Thailand’s SEC filed a criminal complaint against Bitget’s operator, with access to its website and app set to be blocked from Dec. 5. Source:Cointelegraph
Live updates: Bitcoin steady around $80,000 as markets rally after Democratic sweep
Ether jumped 4% and crypto ETFs drew fresh money after Wall Street turned higher and Brent crude fell nearly 9%. Source:CoinDesk
South Korea seeks 4th crypto tax delay, targets 2029 start
South Korea is seeking a fourth delay to its 22% crypto tax, months after reaffirming plans to begin taxing digital asset gains in January 2027.…
France budget rejection sidelines stablecoin tax, wallet reporting
Three adopted amendments, including stablecoin taxation and selfcustody reporting, fall away but could be reintroduced in the Senate. Source:Cointelegraph
Hong Kong passes law requiring crypto exchanges to report customer transactions to tax authorities
Crypto firms must collect customer and transaction data from 2027, with Hong Kong sharing the information with overseas tax authorities from 2028.…
OpenAI says its AI can break into Linux at scale. Here's what it means for crypto
OpenAI says its AI found 948 Linux flaws and wrote a working attack for each one. Crypto security voices say decentralization leaves the industry better placed…
Bitcoin, Ether ETFs draw $128M as crypto rebounds after midterms
Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions. Source:Cointelegraph
Crédit Mutuel Arkéa resumes operations after attack, assesses losses
The bank said customer funds were unaffected after attackers accessed its systems through a service provider’s platform. Source:Cointelegraph
Binance, Polymarket seek Polygon hard fork to recover $6.8M in stolen crypto
Polygon block producers have already frozen the stolen tokens, but a proposed hard fork would allow the funds to be recovered and returned to their owners.…
Bitcoin holds above $80,000 as Zcash jumps 12% in post-election crypto rebound
Ether rose 8% as falling oil prices and a weaker dollar helped markets recover, even as traders weighed a tougher path for U.S. crypto legislation.…