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New York, Maryland and Utah to hold primaries with crypto PAC money hanging over voters

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Crypto-backed PACs disclosed spending more than $8 million on media to support candidates in three US states, as some Maryland Democrats have called on one candidate to reject “outside spending from crypto billionaires.”

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Binance hackers raced to move billions before it could be frozen

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Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions of dollars in assets.

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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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