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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