Policy Regulation

4 hours agoNews Editor

Ohio race involving Sherrod Brown seen as key risk for crypto next year

CoinDesk said one of the biggest political questions hanging over the crypto industry is whether Sherrod Brown, described as one of the sector’s political adversaries in Ohio, can ride a backlash against Donald Trump back into the U.S. Senate. The outlet framed the issue as a high-stakes test for the industry after spending $63 million, with the outcome carrying implications for how difficult the policy environment could become next year. In CoinDesk’s telling, Brown’s edge in Ohio is being watched closely because a return to the Senate could translate into a tougher stretch for crypto in 2027. The report did not provide additional details in the summary cited here beyond that central political calculation.

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Binance

4 hours agoNews Editor

Binance restores withdrawals for some assets on ZEC, TON and SUI, completing first-phase coverage across 15 networks

Binance said in a post on X that it has newly restored withdrawals for some assets on the ZEC, TON and SUI networks. Before this update, the exchange had already resumed withdrawals for some assets across a list of other networks, including BTC, ETH, BSC, XRP, Base, DOGE, OP, ARB, TRX, SOL, POL and AVAXC. Foresight News noted that, with the latest additions, all 15 networks included in the first phase have now been covered. The update points to a broader restoration process that Binance has been rolling out network by network, with ZEC, TON and SUI added after the earlier batch. No further details on the specific assets were disclosed in the source text.

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Yuval Noah Harari

4 hours agoNews Editor

Harari says the real AI crisis is not killer robots but the erosion of truth, accountability and human control

Yuval Noah Harari, author of Sapiens, argued in a recent interview that the central danger of artificial intelligence is not a cinematic robot uprising but the quiet spread of autonomous systems into the institutions that organize modern life. He described AI not as a mere tool, but as an agent capable of making decisions and producing outcomes its creators cannot fully predict. In his view, that is exactly why vast amounts of capital are flowing into the sector. Harari warned that AI could become native to bureaucratic systems such as banking, law, government and military administration, eventually building financial and legal structures that even top human experts cannot understand. He called that prospect a form of “collective dementia,” where society keeps functioning but loses the ability to comprehend the systems governing it. He also pointed to deepfakes and social media algorithms as threats to truth, saying lies and fantasies are cheap while truth is costly and scarce. Harari criticized what he called a double standard in the AI industry: companies claim control when raising money, then shift blame to AI when harm occurs. He opposed the idea that AI development is inevitable, arguing that governments can still regulate the field by banning AI impersonation, limiting unsupervised recursive self-improvement and keeping legal responsibility tied to human developers and companies.

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Binance

1 days agoNews Editor

Binance hack drains about $6.4 billion, setting off global probe and emergency fund freeze

Binance, the world’s largest cryptocurrency exchange, was hit by what blockchain investigators describe as the biggest crypto theft on record, with roughly $6.4 billion drained from its hot wallets across about 10 blockchains on Thursday. Chainalysis and TRM Labs said the scale of the breach was more than four times larger than the previous record, the $1.5 billion Bybit hack in February 2025. Binance said the attack struck its own infrastructure rather than the underlying blockchains, and its investigation moved beyond an initially compromised DevOps engineer laptop to what CEO Richard Teng called a more complex intrusion path. The exchange said it will make customers whole using company funds and its Secure Asset Fund for Users, with more than $6.34 billion set aside. Withdrawals were paused while systems are rebuilt and retested, though deposits remain open. Stablecoin issuers Tether and Circle have already frozen large amounts tied to the theft, yet billions of dollars in ETH, BTC, and other tokens remain under the attacker’s control. U.S. and international authorities, including the FBI, are now involved, while markets have so far reacted with relative restraint despite the size of the loss.

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Binance

4 hours agoNews Editor

Binance community reward campaign awaits regulatory approval, He Yi warns of phishing links

He Yi said on X that Binance’s community reward campaign still requires regulatory approval and is expected to go live tomorrow if it clears review by regulators. She also warned users that there is currently no voucher campaign in place. The message focused on scam prevention, with He Yi urging users to stay alert to phishing and fraudulent links that may circulate before any official launch. Her post tied the timing of the campaign directly to the regulatory review process and made clear that any cash voucher promotion being advertised at the moment is not official. The warning comes as users often face fake event pages and malicious links during periods of heightened attention around exchange promotions. No additional details about the campaign were disclosed in the post.

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Binance

5 hours agoNews Editor

Binance says $150 compensation claim over withdrawal pause is false

Binance said on X that a claim circulating in the community about a $150 compensation payment tied to a withdrawal suspension is false. The exchange said the screenshot used to support the claim had been digitally altered. The response came after a user posted that Binance had offered $150 in compensation because withdrawals were paused, attaching an image that appeared to show the alleged compensation details. Binance directly disputed that account in its reply, saying the information was inaccurate and the screenshot had been tampered with. No additional details were provided in the post cited by Odaily.

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Meta

4 hours agoNews Editor

Meta ad revenue rises 26%, outpacing Google

Meta’s ad revenue grew 26%, a faster pace than Google’s, according to a Techub News brief citing Crypto Briefing. The report said the increase was driven by AI, pointing to a potential shift in the digital advertising market. While the source note was brief and did not provide additional financial detail, it highlighted two core points: Meta posted a 26% increase in advertising revenue, and that growth rate exceeded Google’s. It also tied the momentum to AI, suggesting that changes in ad targeting, delivery, or related systems are helping reshape competition across the digital ad business. No further figures or timeline details were disclosed in the input.

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Binance

4 hours agoNews Editor

Binance community reward campaign awaits regulatory approval, He Yi says

He Yi, posting from the @heyibinance account, said Binance’s community reward campaign has not gone live because it still requires regulatory approval. According to her post, the campaign can only be launched after the relevant regulatory office opens and completes its review. She also said there is currently no cash voucher campaign and warned users to stay alert to phishing links circulating under the name of Binance promotions. In the post she quoted, Binance was said to have issued $150 compensation to some users after a withdrawal suspension. The update centers on the approval status of the reward program and a scam warning, rather than the launch of any new voucher-based promotion.

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