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Author: Kevin Helms

CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report

Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on

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SEC Faces Mounting Pressure to Turn DeFi Guidance Into Formal Rules

Industry participants are urging the U.S. Securities and Exchange Commission (SEC) to formalize its crypto guidance on decentralized tools, arguing clearer rules would reduce uncertainty and better align oversight with blockchain infrastructure. Key Takeaways: Over 30 crypto industry participants urged SEC to formalize DeFi guidance. Regulatory ambiguity around SEC broker rules threatens blockchain innovation…

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Layerzero Claims Zero Contagion After $290M Exploit as Disputed Narratives Deepen Scrutiny

DeFi bridge security is under sharper pressure after a major exploit exposed structural weaknesses in verifier design and infrastructure dependencies. The fallout is widening accountability questions for Layerzero Labs and reinforcing concerns about concentrated validation models. Key Takeaways: Layerzero framed the exploit as infrastructure failure, weakening confidence in bridge security models…

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