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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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Fed, OCC check US banks after Binance hack as experts flag security risks

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US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and crypto risks.

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Binance, Deribit revoke SignalPlus API keys after fake Teams invite attack

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SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform pledged to reimburse in full.

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Paraguay president resigns after collapse of Ueno digital bank

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Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their funds.

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