Morning brief: US midterm vote, Tata-Iveco plans and bank cyber security
Morning business digest: US midterm elections, Tata-Iveco's India sales target and a bank-sector plan to share cyber incident information.
1 source · Moody's
market news: Regulation, «Donald»
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5 stories
Binance outflows ease as exchange returns online after $6.3 billion theft
Binance says it has covered 95% of the assets stolen in the hack. Customers withdrew $3.64 billion, or 2.1% of assets, Reuters reported.
2 sources · Reuters
Circle shareholder sues Trump, World Liberty and Witkoff over crypto deals
A Circle shareholder sued Trump, World Liberty Financial and Steve Witkoff over a $2 billion Binance deal tied to the USD1 stablecoin, per Cointelegraph.
1 source · Cointelegraph
Former Trump crypto adviser profited from stablecoin bill, WSJ reports
According to The Wall Street Journal, Bo Hines held a stake in a firm that received $6.3 million from Tether while the GENIUS Act was being passed.
1 source · Cointelegraph
US regulator's report links debanking to crypto activities
The OCC released a report on debanking, finding some banks restricted services to digital asset firms. Cointelegraph reported the findings on Wednesday.
1 source · Cointelegraph