Bitcoin joined a broad rebound across financial markets Wednesday, recovering from a multi-week low even as a Democratic sweep of Congress threatened to deal a fresh setback to the cryptocurrency industry’s political ambitions. The original cryptocurrency rose as much...

Polarization over crypto may only increase. Digital divide The political landscape for crypto was already looking bleak heading into Tuesday’s election, with Democrats — the party the industry blames for “regulation by prosecution” during the Biden years — appearing...

Investors pulled over $1 billion from US-listed Bitcoin funds over two trading sessions, as the record Binance hack and uncertainty around the US midterm elections remain an overhang on sentiment. The funds posted $1.04 billion in net outflows over Friday and Monday,...

The biggest cryptocurrency hack on record has raised fresh questions about the industry’s ability to protect digital assets and become part of mainstream financial infrastructure. Binance, the world’s largest crypto exchange, suspended withdrawals from its platform...

The biggest crypto hack in history began with a rehearsal. As trading hummed along on Binance at midweek, hackers were quietly running sequences of code on accounts they controlled on the Ethereum blockchain — just a couple dollars or so at a time. According to...