US Lawmakers Urged to Advance CLARITY Act as Digital Chamber Pushes Senate Markup – Bitcoin News
Key Takeaways: The Digital Chamber increased pressure on Senate leaders to move the bill to markup. Senate Banking faces mounting urgency as the CLARITY Act remains stalled after House approval. Industry groups expect the next phase to accelerate digital asset...
Ripple’s Schwartz Flags DeFi Bridge Trade-Offs After KelpDAO Incident
Key Takeaways: David Schwartz warned bridge security can weaken during real-world deployment. KelpDAO and rsETH scrutiny adds bearish pressure on confidence in DeFi infrastructure. LayerZero-linked concerns suggest crypto teams face harder demands for stricter...
Chainalysis Flags Critical Blind Spot in DeFi Security as $292M Exploit Bypasses Burn Verification
Key Takeaways: Chainalysis flags a KelpDAO exploit exposing a critical failure in cross-chain trust assumptions. Analysis showed Layerzero design flaws can let a single validator bypass DeFi safeguards. Protocols face escalating risks as Chainalysis signals hidden...
$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets
Key Takeaways: KelpDAO exploit drained $300M+ on Apr. 18, hitting Aave with bad debt and freezes. Defillama data shows DeFi TVL fell $14.17B to $85.32B, signaling system-wide stress. Lido leads TVL as Aave drops 32.44%, while RWA and liquid staking post 7-day gains....Interesting 13
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