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New York senator introduces bill to create a crypto task force

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The task force would investigate how many digital currencies are being traded, the number of exchanges in New York and how crypto affects the state and local tax receipts, among other priorities.

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Coin Market

Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B

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The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the end of September.

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Coinbase leads crypto stock selloff following $6.3B Binance hack

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Circle, Strategy and other crypto-linked stocks fell sharply Friday, a day after Binance disclosed a $6.3 billion security breach.

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Coin Market

Recap: How Binance’s record $6.3B hack unfolded

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A recap of Cointelegraph’s live coverage of the Binance hack, including early breach reports and the exchange’s full reimbursement pledge.

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