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This Week in Crypto: HMSTR Airdrop Drama, Kamala Harris on Crypto and AI, BingX Hack

This week saw major developments in the crypto space, highlighting both its potential and risks. BingX exchange was hacked, resulting in a $42 million loss in digital assets, but the company assured users it would cover the losses. Hamster Kombat faced backlash after disqualifying over 63% of players from a token airdrop due to last-minute anti-cheat measures. Vice President Kamala Harris endorsed cryptocurrencies as part of her presidential campaign, signaling a shift in her policy platform. Rumors of a potential data breach at Binance surfaced, though the exchange denied any breach. Co-founder Changpeng Zhao (CZ) is set to be released from custody early after serving a four-month sentence for violating the Bank Secrecy Act.

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