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House fails to override Biden’s veto on nullifying SEC crypto rule

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Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.

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Justin Sun seeks $264K sanctions over World Liberty’s UAE disclosure

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Sun plans to refile his token-freeze lawsuit in California state court after the sanctions motion is resolved. A hearing is set for Dec. 10.

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Binance hack may be ‘temporary setback’ for crypto, Grayscale’s Pandl says

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Zach Pandl highlighted institutional custody safeguards as crypto markets recovered some losses following the record $6.3 billion Binance hack.

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Bitcoin ETFs lose $1.16B as Bitwise calls selling ‘short-term’

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Bitwise’s André Dragosch attributed Bitcoin ETF outflows to weaker market sentiment, saying institutions have largely maintained their exposure.

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