
Senator Lummis: CLARITY Act could aid crypto firms in hacks like $6B Binance incident
Senator Lummis discusses the CLARITY Act's potential to help crypto firms after the $6B Binance hack. Passage at 5.8% YES for Mike Lee's vote.

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OpenAI cuts its funding goal by $10 billion and trims its valuation target as AI investor demand cools ahead of a planned 2027 IPO.

Binance withdrawals remain paused with a 48-hour target. Bitcoin deposits are open; Japan confirms trading and fiat transfers work.

Reddit shares are down 44% this week after CEO Steve Huffman warned that Google's AI-powered search features are cutting referrals.

Binance lost about $6.4 billion, the largest crypto hack on record, yet Bitcoin fell about 3%, against nearly 11% in 2018 after an attack.

Two Texas brothers have been sentenced to a combined 326 months in prison for a violent home-invasion crypto robbery.

Bitcoin has survived several major hacks, often seeing its value drop, then setting off on a run that often ended in new all-time highs.

Cointelegraph’s timeline of Binance’s record $6.3 billion hack, including North Korea links, $3 billion in frozen assets and the security investigation.