Crypto After the Midterms: Investigations, Not Legislation?

Crypto is heading into Election Day after absorbing the largest hack in its history, and with another major uncertainty looming over markets. Not a week after hackers stole roughly $6.3 billion from Binance , crypto is forced to reckon with another potential shock: a Democratic sweep that would put some of the industry's most persistent critics in control of congressional oversight. But unlike the hack, this threat has been building in plain sight . As of Tuesday morning, Kalshi priced Democratic control of the House at roughly 94% and the Senate at roughly 75%.