Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

U.S. Senator Cynthia Lummis, a lead drafter of the CLARITY Act, stated in a post that hackers stole $6.3 billion worth of cryptocurrency assets this week and transferred them across multiple blockchains in minutes. The CLARITY Act establishes a pilot program enabling crypto firms to share intelligence directly with federal law enforcement. When the industry and law enforcement work in tandem, the transfer of stolen funds can be curbed.

US President Donald Trump said that if the Democrats win a majority in Tuesday’s midterm elections, he may have to act as “Mr. Veto.” “They will keep sending bills, and you just veto them,” he said. “After a month or two, once all the proposals have been vetoed—you know, these bills are pure waste—they will come to negotiate with me.” Trump will hold campaign rallies in Kansas and Iowa on Sunday to help the Republican Party retain control of Congress. Polls show that Trump’s low approval rating has given the Democrats a chance to take at least one chamber, or even both, of Congress. “Hopefully we won’t have to go that route,” he said.

A Binance spokesperson said: "Withdrawal volumes saw an initial surge but have since trended sharply downward. Withdrawal levels are stabilizing, returning to what we consider normal and expected on-chain activity levels; the scale of withdrawals accounts for a very small portion of our total assets under management."

Trump said, "We may reach an agreement with the Democrats at some point."

According to Reuters, a White House official and two sources familiar with the matter said the White House has for months been preparing for a potential Democratic takeover of Congress, drawing up plans to advance key parts of its agenda via executive power, while also preparing for congressional investigations into the Trump administration. Three sources said that since April, senior officials including White House Deputy Chief of Staff Stephen Miller and Budget Director Russell Vought have been working with the White House Counsel’s Office to review and identify executive actions Trump can take without congressional approval, covering areas such as immigration, tariffs, housing costs and federal spending. The White House official added that White House Counsel Will Scharf and his team are also studying which actions Trump can legally take on his own, where he may cross the bounds of his authority, and how to defend those decisions in court. Over the past month, Trump has been holding rallies across the country, seeking to retain Republican control of Congress. Meanwhile, his aides have reportedly begun privately preparing for a vastly different political landscape that could take shape in 2027.

SpaceX President Gwynne Shotwell announced that she and her husband Robert are donating over 2 million SpaceX shares, which will be distributed to children’s “Trump Accounts” in December. The first batch of shares is currently being transferred to an escrow account, intended for children aged 11 to 17 in zip codes with a median household income of no more than $57,000, as well as same-age children in zip codes where income data is not published due to small population size. Affected families will receive notifications by Monday. The second round of donations will be finalized in several weeks, covering children of U.S. overseas military personnel, foster children, and same-age children in Texas counties with a median household income of no more than $90,000. The U.S. Department of the Treasury, IRS, and Dell Foundation are participating in the donation initiative.