Crypto World
ForgeD Adds Crypto Market-Maker Leaderboard to DeFiLlama
DefiLlama has added Forgd’s market-maker leaderboard to its analytics platform, aiming to give traders, token teams, and liquidity researchers a more standardized view of how market makers perform across exchanges and individual tokens.
According to Forgd, the leaderboard aggregates data on spreads, market depth, trading volume, and uptime. The integration provides DefiLlama users with a dashboard that ranks market makers using consistent measurements for pricing quality, liquidity depth, reliability, and execution—rather than relying on fragmented, exchange-by-exchange metrics.
Key takeaways
- DefiLlama integrates Forgd’s leaderboard to surface market-maker performance indicators such as spreads, depth, volume, and uptime.
- Forgd claims broad coverage, with data spanning more than 500 token projects and 35 market-making firms using its tooling.
- Comparisons aim to be standardized, enabling users to benchmark liquidity providers across venues and token markets.
- Scores are not a pure “trading performance” grade, Forgd says: lower ratings may reflect incomplete “performance verification” opt-in rather than poor execution.
What DefiLlama’s new leaderboard adds
DefiLlama is widely used by the crypto community to track on-chain and protocol-level activity, liquidity, and cross-market performance. With the new integration, the platform extends beyond token analytics into a layer focused on the mechanics of market making—how liquidity is provided in practice.
Forgd told Cointelegraph that its dashboard ranks crypto market makers using standardized criteria, including pricing-related metrics (such as spreads), the capacity of markets to absorb trades (market depth), and reliability measures (uptime). By tying those inputs to an index, users can compare market makers in a way that is meant to be consistent across active engagements.
How the underlying data is sourced
Forgd says the leaderboard is built from data spanning more than 500 token projects and involves 35 market-making firms that use Forgd’s tools to monitor liquidity across their active engagements.
The company also positioned the leaderboard as a tool for token projects when it first launched in May—helping teams select, evaluate, and monitor liquidity providers. With the DefiLlama integration, the same dataset is now intended to be more broadly accessible to anyone using DefiLlama’s interface for market research.
Why liquidity teams and traders may care
In practice, liquidity quality is not just about how much trading volume exists—it’s also about how efficiently orders can be filled without excessive price impact and whether liquidity remains available under stress.
Ryan Celaj, DefiLlama’s head of research, said the integration adds another evaluation signal for market structure that complements commonly tracked metrics like volume and liquidity. In other words, two tokens with similar headline liquidity can differ meaningfully in how consistently market makers support them and how tight spreads remain as activity fluctuates.
For token teams, the promise is straightforward: an easier way to compare market makers on criteria that map more directly to trading experience. For traders and analysts, it offers a way to evaluate market resilience—especially when liquidity conditions change across venues or during periods of volatility.
Important caveat: scores may reflect verification coverage
While the leaderboard provides grades meant to summarize multiple dimensions of performance, Forgd cautioned that these ratings are not solely a reflection of how a firm trades.
“A lower grade on the index is not necessarily a judgment of a firm’s trading,” Forgd CEO Shane Molidor told Cointelegraph. He explained that the index can also reflect whether market makers have “fully opted into performance verification.” In that case, the scoring may partly track the amount of verified data a firm supplies to Forgd rather than an objective decline in execution quality.
This distinction matters for anyone using the leaderboard for decision-making. If a firm’s dataset is thinner because it has not completed verification, a low score could be as much about data availability as about market-making effectiveness. Traders and liquidity teams may therefore want to look beyond the headline rating and consider how much verified activity is reflected in a firm’s placement.
What’s next and what to watch
With Forgd’s leaderboard now embedded into DefiLlama, the main question for users is how quickly the integration improves cross-market comparability and whether verification coverage grows over time—potentially changing which firms appear toward the top. Investors and market participants should watch for how consistently uptime, depth, and spread metrics track real trading conditions, and whether new listings and opt-ins expand the reliability of the underlying index.
Federal Reserve Governor Lisa Cook speaks at the Stanford Institute of Economic Policy Research in Palo Alto, California, U.S., May 27, 2026.
Ann Saphir | Reuters
Federal Reserve Governor Lisa Cook said Wednesday that she’s ready to support an interest rate hike unless the inflation numbers improve.
“Inflation is too high, and I consider the risks to the inflation side of the dual mandate higher than the risks to the employment side at this point,” Cook said during a speech in Anchorage, Alaska. “As such, I am prepared to act by raising rates, if necessary.”
While acknowledging that the June data showed inflation easing thanks largely to a sharp slide in energy prices, the policymaker said there shouldn’t be too much read into a single data point, particularly with the pace of price increases running well ahead of the Fed’s 2% goal.
Cook was part of a 9-3 majority that voted last week to keep the central bank’s benchmark borrowing rate in a range between 3.5%-3.75%. She explained that her vote came from a desire to see how possibly waning impacts from tariffs, an energy supply shock due to the Iran war and pressures from the artificial intelligence buildout impact prices.
“If I do not see signs of continued disinflation soon, I am prepared to act,” Cook said. “With five years of above-target inflation, the risk grows that higher inflation may become entrenched in price- and wage-setting behavior, leading to persistence that would be much harder for us to attack. The longer inflation is above target, the more likely this scenario becomes.”
Other environments might allow the Fed to wait longer before acting, but she said, “We do not have that luxury in this one.”
Markets expect the central bank could act as soon as September but are pricing in higher odds for an October move, according to the CME Group’s FedWatch. Earlier in the day, Minneapolis Fed President Neel Kashkari, one of the three dissenting votes for the rate decision, told CNBC that he still believes higher rates are necessary.
The UK AI Security Institute (AISI) disclosed that an AI agent, built on Anthropic’s Mythos 5, autonomously ran a social engineering attack during cyber testing. The agent opened a pull request containing malicious code on a real open-source project and created fake identities to win a maintainer’s approval.
The attempt failed. A human maintainer caught and refused to approve the code.
AISI says its investigation has not identified any resulting real-world harm. The model also ran with its developer’s cyber classifiers deliberately switched off and open internet access, a test configuration that is not commercially available.
How the AI Agent Ran Its Malicious Code Campaign
AISI logged 19 unsanctioned actions in 10 of 122 evaluation runs conducted in late July, according to its report. 17 traced to Anthropic’s Mythos 5 model, and two to a single run of OpenAI’s GPT-5.6 Sol.
The agent researched the project’s human maintainers and created multiple fake identities. It used them to socially engineer a real maintainer into approving the code.
When the pull request was publicly challenged, it edited its earlier activity to appear harmless. The model also considered adopting a fresh identity to continue.
The playbook recalls the 2024 XZ Utils backdoor, in which a human-run persona spent years earning a maintainer’s trust before planting hidden code. AISI’s report does not draw that comparison, but the contrast is hard to miss. The activity unfolded over several days, between July 25 and July 28.
AISI stressed that nobody asked the model to lie.
“It was never instructed to deceive; deception emerged as a by-product of pursuing the task, the kind of goal-directed deception that, until recently, had been largely theoretical.”
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The institute said so in its disclosure. It also acknowledged that misconfigured prompts led the agent to believe some tasks could not be solved within their intended scope. Although the behavior also appeared in runs where the agent had the instructions it needed to stay on task.
Security teams caught the activity on July 28, when the agent used the Tor anonymity network to bypass some network restrictions on GitHub. GitHub confirmed the actions violated its terms of service. AISI also worked with the platform to remove artefacts left behind by the agent and to notify the users it interacted with.
The report argues that the case signals a shift in the source of risk: harm can arise not only when people misuse publicly available models but also when capable agents in privileged settings act beyond their authorized scope.
AISI said the case points to a broader shift in the AI risk space. The institute now plans an independent review with METR, an AI evaluation nonprofit, as well as tighter network controls and real-time monitoring for future tests.
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The post AI Agent Faked Identities to Push Malicious Code During Cyber Test, AISI Finds appeared first on BeInCrypto.
What comes next in the Eaton Fire investigation?
SoCal Edison quickly acknowledged that its equipment most likely caused the Eaton Fire. In reports to the California Public Utility Commission in January 2025, SoCal Edison said it had detected a “fault” on one of its transmission lines.
Kathleen Dunleavy, a spokesperson for SoCal Edison, told TIME that the utility company is reviewing the report, and the findings are “generally consistent with what [the company has] been saying regarding the ignition of the Eaton Fire.”
“As we have said, Edison believes that it’s likely that its own equipment was associated with the start of the Eaton Fire,” she says. However, it is “definitely” not just the equipment to blame for how intense the fire became.
“A fire of the size and magnitude of Eaton is rarely the result of just one thing,” she explains.
With nearly 1,000 lawsuits against SoCal Edison from the families of the deceased, as well as those who lost their homes in the fire, the company filed its own countersuit in January 2026, accusing Los Angeles County, local water agencies, and the Southern California Gas Company of failing to warn residents about or prevent the spread of the fire.
Sesame Street plans to provide resources to help families, including a printed and digital storybook, to help children heal when the things they love are lost, articles and activities that support children and families as they deal with environmental stressors like heat or air quality, and plans to distribute “go bags” with essentials to support families during evacuations and periods of displacement.
It’s an important first step in getting children and families more equipped for dealing with extreme weather events—which most Americans are woefully underprepared for. In one 2025 survey of 2,000 adults by Talker Research, 90% said it’s critical to be prepared for extreme weather, but only 46% had an emergency plan in place.
The episode opens the channel of communication in an age appropriate way, experts say. “It’s covering all of the bases,” says Adam Rainear, associate professor of communication and media at West Chester University, whose work focuses on climate communications. “It’s giving the messaging so that kids are aware and alert, but also not making them afraid of everything around them.” While Elmo and his friend Abby acknowledge their fear, they focus on having courage—and when Elmo’s courage falters as the power goes out, his dad steps in to help with words of encouragement and an exercise to help calm him down.
Bitwise Chief Investment Officer Matt Hougan said the CLARITY Act could fail to pass this week, but that would not mean the end of the legislation or the crypto industry’s progress.
The US Senate is scheduled to leave for its August recess on Friday, August 7, and return on September 14. Under Senate rules, lawmakers must file for cloture on the CLARITY Act by Wednesday, August 5, for the bill to have a chance of receiving a vote before the recess.
Crypto Without Clarity
A failure this week would also not necessarily end the act. Hougan expects the legislation to enter a “walking dead” state. That could lead to fresh efforts to pass it in September or during a December lame-duck session. Congress often combines several measures into year-end omnibus legislation, and creates another possible route for the bill.
For Hougan, the bigger issue with that uncertainty is its effect on investors. Some professional investors are holding back from crypto because they do not want to commit capital while the outcome of CLARITY remains unclear. They may wait to see whether the legislation passes or fails and how markets respond.
If the bill does not pass this week, Hougan said a sharp drop in its Polymarket odds could actually help remove that uncertainty. He said the market may wobble initially, but a clearer outcome could leave crypto better positioned for a rally in the fall.
The Bitwise exec sees the Securities and Exchange Commission (SEC) as another potential path for the industry. Chair Paul Atkins recently said the agency is ready and able to introduce rules addressing the same issues covered by CLARITY. Hougan said these rules may be more supportive of crypto and innovation in the short term than a bipartisan congressional bill. The risk, he explained, is that a future administration could appoint a less supportive SEC chair and reverse those policies.
Despite this, Hougan noted that crypto has already built too much momentum for a future regulator to stop its progress. He cited BlackRock’s Bitcoin ETF, efforts by Nasdaq and JPMorgan to tokenize assets, and work by Visa, Mastercard, Stripe and Coinbase on a stablecoin platform. He also pointed to Robinhood’s blockchain, which connects with DeFi applications including Uniswap and Morpho.
The industry is also gaining a stronger position within the US banking system. For instance, the Office of the Comptroller of the Currency has granted trust charters to Circle, Ripple, Paxos and other firms. Outside the US, governments including those in the European Union, Japan and Russia are also pursuing pro-crypto legislation.
The exec said the situation resembles the early development of the internet. Congress failed to advance major telecom reform in 1994, but the internet continued to expand. Netscape, Amazon and eBay emerged, and the number of websites grew rapidly. Congress eventually passed the Telecommunications Act of 1996.
Long-Term Impact
Hougan’s argument comes as other crypto industry figures have also highlighted the wider regulatory impact they believe CLARITY could have. Andreessen Horowitz’s Chris Dixon, for instance, recently said that the bill could help prevent another FTX by giving regulators clearer oversight of crypto exchanges and establishing rules around disclosure, fraud and insider trading.
Dixon said that the market outside stablecoins, which he estimated at around 85% of the market, still lacks a comprehensive federal regulatory framework. Additionally, major banks and fintech firms are now moving beyond experiments, with significant blockchain deployments already live or expected to launch.
While agencies such as the SEC and the CFTC can address many issues, if CLARITY does not pass, Dixon added that legislation offers more lasting rules and gives businesses greater confidence to make long-term investments.
The post What Happens to Crypto If the CLARITY Act Fails This Week? Hougan Explains appeared first on CryptoPotato.
Bitcoin stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs.
Key points:
- Gold analysis eyes Chinese demand as the precious metal hits its highest levels in six weeks.
- Bitcoin (BTC) sees a second day of lackluster performance against US stocks as the S&P 500 index builds on all-time highs.
China in spotlight as gold rebounds past $4,200
Data from TradingView showed continued BTC price inertia contrasting with upside for both precious metals and US equities.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
Gold gained 2.8% on the day to hit $4,213 per ounce, its highest levels since June 22. Chinese appetite spurred the upside, with Bloomberg reporting 14 consecutive days of inflows for domestic gold-backed exchange-traded funds (ETFs).
China gold ETF inflows data. Source: Bloomberg
These products saw their worst month of outflows on record in June per data from the World Gold Council. The year-to-date inflows to Chinese ETFs fell to 40 billion yuan ($5.6 billion). However, this is still the second-best H1 performance on record.
“Demand for gold ETFs stayed robust amid growing geopolitical and economic uncertainties, while the PBoC’s non-stop gold purchases continued to provide a supportive backdrop for sentiment. Institutional investor participation in Chinese gold ETFs has also risen, supporting demand for these products,” it commented, referencing China’s central bank gold purchases of 82 tonnes over the 20 months through June.
Elsewhere, US stocks were toggling between red and green while the S&P 500 index (SPX) touched a record high above 7,793 before pulling back at last look in early afternoon trading.
S&P 500 one-day chart. Source: Cointelegraph/TradingView
Bloomberg ETF analyst Eric Balchunas noted that 66% of S&P 500 stocks were now above their 50-day moving average, with 57% beating the index’s standard benchmark tracker.
Bitcoin lacks impetus for recovery, analysis shows
As on the previous day, Bitcoin failed to keep up with the broader risk-asset optimism seen in equities.
Related: Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode
$64,000 remains a focus on low time frames, and market participants retained prior assumptions about the future of the current bear market.
“As long as the orange support here produces weaker rallies, price will keep forming Lower Highs to produce an eventual breakdown deeper into the $58000-$66000 Range (blue-blue),” trader and analyst Rekt Capital told X followers in comments on the weekly BTC/USD chart.
In research published on Tuesday, onchain analytics platform CryptoQuant highlighted three prerequisites for a durable BTC price rebound to emerge. In addition to sustained inflows to the US spot Bitcoin ETFs, the market needed US bond yields to cool, along with the absence of expected interest-rate hikes by the Federal Reserve.
The Coinbase Premium — the difference in price between Coinbase’s and Binance’s BTC/USDT pairs — also needed to return to positive territory, CryptoQuant wrote, reiterating analysis from June. As Cointelegraph reported recently, the metric has been negative for nearly 80 days.
Federal prosecutors have indicted Taj Tarsha, founder of the NFT startup Few and Far. They accuse him of stealing more than $10 million raised to build a decentralized marketplace.
The US Attorney’s Office for the Southern District of New York announced the charges on Wednesday. Tarsha, 34, of Miami, faces one count of securities fraud and one of wire fraud.
The Math Behind the $10 Million Raise
Tarsha started raising money in February 2022. He used Simple Agreements for Future Tokens (SAFTs), contracts that let investors pay now for tokens delivered later.
He sold 95 million FAR tokens to at least 67 backers, the indictment says. That works out to roughly 11 cents a token, and close to $150,000 per investor.
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The pitch carried real credibility. Few and Far ran on NEAR Protocol. The NEAR Foundation announced a grant and partnership in September 2022.
Tarsha owned every share of the company. Prosecutors say the money began leaving almost at once, moving to an online casino and speculative crypto trades.
The raise landed at the top of the collectibles boom. The NFT market cap slid toward record lows since then, and venues such as Gemini’s Nifty Gateway closed.
What the Audit Found
An audit in June 2023 caught the missing money. By then, prosecutors say, Tarsha had paid himself nearly $1 million through two hidden bonuses.
He hid those from investors and a co-founder. He also drew a salary he privately called unreasonable, given what he described as the company’s “zero revenue.”
Tarsha then told investors the bonuses matched preset presale targets. He said every remaining dollar was still needed. Both claims were false, prosecutors allege.
Nearly all staff were gone by then. One contractor stayed on, told to produce work that only looked like development.
The spending ran for 11 more months after the audit. It covered crypto buys, a Miami condominium loan, interior design work, and his DJ hobby.
FAR finally launched in May 2024. That was 27 months after the first investor paid in. The token arrived worthless and stopped trading soon after.
The Few and Far website is still online today, still advertising FAR as live on mainnet.
“As alleged, Taj Tarsha raised millions of dollars from investors by promising that their investments would be used to build a marketplace for non-fungible tokens, but he instead breached their trust by stealing those funds for his own personal benefit,” Deputy US Attorney Sean S. Buckley said that in a statement. The FBI’s New York office investigated.
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Each count carries up to 20 years. The case sits with US District Judge Lewis A. Kaplan, who in April rejected Bankman-Fried’s retrial bid.
Kaplan sentenced the FTX founder to 25 years in March 2024 for stealing over $8 billion. Tarsha is accused of taking about one eight-hundredth of that sum.
The charges are allegations, and Tarsha is presumed innocent unless convicted. Prosecutors must now tie each purchase back to an investor deposit.
The post NFT Founder Charged With Fraud Over $10 Million Token Sale, DOJ Says appeared first on BeInCrypto.
Three Citadel funds posted July gains after the firm bought a discounted portfolio of artificial intelligence stocks from Situational Awareness, the collapsed hedge fund run by former OpenAI researcher Leopold Aschenbrenner.
Ken Griffin’s flagship Wellington fund rose 5.9% for the month. Almost all of that gain arrived after the purchase.
Citadel Funds Made Half a Year’s Gain From One Deal
Wellington was up just 0.45% in July before the deal, Bloomberg reported. It closed the month at 5.9%.
That gap is the story. The fund did almost nothing for three weeks, then made its year in days.
For scale, Wellington returned 10.2% across all of 2025. July alone delivered more than half of that.
Wellington is now up 12% in 2026. It has already beaten last year’s full result with five months still to run.
The firm’s other two books did better. Citadel Equities gained 14.2% and Tactical Trading added 11.1%, according to figures shared with investors.
Both sit near 27% for the year. In all of 2025 they returned 14.5% and 18.6%.
Rivals moved the other way. Whale Rock’s flagship fund dropped 21.7% in July, erasing roughly half its 2026 gains.
Situational Awareness Had No Choice but to Sell
Situational Awareness peaked near $45 billion in early July. Weeks later it held about $10 billion.
The fund borrowed heavily. Its leverage ran as high as four times its own capital, which magnified every move.
It bet on AI infrastructure and against software. When chip and memory stocks slid, small losses turned large fast.
Its main holdings each fell more than 35% during the month. Goldman Sachs, JPMorgan Chase and Bank of America then demanded more collateral.
The fund could not meet those calls. It sold its whole public stock book, and Citadel took that leveraged equity portfolio at roughly a 10% discount.
The forced selling stopped. The same stocks bounced. Citadel already owned them.
A Playbook Griffin Has Run for 20 Years
None of this is new. In July 2007, Sowood Capital lost half of its $3 billion in under a month. Citadel bought its positions and profited as markets recovered.
A year before that, Amaranth Advisors collapsed on natural gas bets. Its energy book went to Citadel and JPMorgan.
The pattern is consistent. Griffin waits for a seller with no options, then names the price.
Aschenbrenner, 25, had returned 439% through June and more than 1,000% since launching in July 2024. His fund survives on private holdings, including a stake in Anthropic worth about $5 billion.
Citadel has booked the gain but not sold the stocks. The volatility that broke Situational Awareness now sits on its own books.
August earnings from those same AI names will show what the discount was really worth.
The post 3 Citadel Funds Soar After Buying Situational Awareness’s Distressed AI Stocks appeared first on BeInCrypto.
The Senate’s window to pass a comprehensive cryptocurrency market-structure bill is narrowing fast, with the chamber scheduled to enter its August recess within days and lawmakers still not clearly signaling a vote date. The pending legislation is the Digital Asset Market Clarity (CLARITY) Act, a proposal that has already cleared the House and now requires the right combination of timing and votes in the Senate.
Senator Cynthia Lummis said in an X post on Wednesday that she expects the Senate to hold a vote on CLARITY before it breaks for its month-long recess. With that deadline approaching, the central question for traders, platforms, and crypto-linked businesses is whether the bill can overcome a 60-vote procedural hurdle—without further amendments that could broaden political resistance.
Key takeaways
- Sen. Cynthia Lummis said she expects a Senate vote on the CLARITY Act before the August recess begins.
- Senate Democrats’ public schedule showed no vote set for CLARITY as of Wednesday, leaving only a few business days to act.
- The bill would need 60 votes to overcome a filibuster via cloture, making cross-party support essential.
- Opposition remains centered on stronger ethics provisions and banking-related concerns, particularly around how crypto firms relate to bank-style regulation.
- If no vote occurs before recess, consideration is likely to slide into the lead-up to the 2026 midterm elections.
Time pressure as the recess deadline closes
The urgency around CLARITY is practical as well as political. According to the Senate Democrats’ calendar posted for Wednesday, there was no vote scheduled for the legislation at that point, effectively compressing the timeline to a brief stretch of remaining business days before the Senate pauses legislative work for its August recess. Senate Democrats’ published schedule indicated no immediate floor opportunity.
Senate Majority Leader John Thune—who would control the scheduling—has been reported to be planning a vote before Saturday. That plan matters because, without a floor date, the bill cannot move through the procedural stages necessary to reach passage.
After Friday, the Senate is set to be in recess until mid-September, meaning any delays would almost certainly push deliberation into a period dominated by campaigning and political signaling ahead of the 2026 midterm elections.
Why Democrats’ support is still not settled
Even though CLARITY passed in the House in July 2025 by a 294-to-134 vote, the Senate debate has remained contentious. A key fault line is ethics. The opposition cited by the reporting notes that many Democrats want stronger ethics provisions tied to US President Donald Trump’s investments, after he disclosed he earned more than $1.4 billion from investments tied to digital assets in 2025.
Earlier coverage also pointed to ethics as a sticking point during the Senate process; Cointelegraph previously reported that Democrats were seeking additional safeguards that could affect how the bill intersects with political financial disclosures.
That creates a structural challenge for supporters: changes that improve ethics coverage may reduce resistance among Democrats, but they can also trigger objections from other lawmakers who view edits as reopening negotiations or diluting other parts of the bill.
The procedural hurdle and lingering bank-related concerns
CLARITY faces an additional, concrete constraint: it needs 60 votes in the Senate to invoke cloture and shut down a filibuster. In practice, that means the bill requires broad cross-party cooperation rather than a simple majority.
According to a recent report by Politico, at least one Republican senator plans to withhold support until concerns from banks are addressed. Politico reported that Senator Josh Hawley would withhold a favorable vote until changes satisfy bank-related worries.
While lawmakers reportedly reached some compromise with banking groups on aspects of the bill—particularly around stablecoin yield—industry leaders have continued to push for a tougher regulatory alignment. Earlier coverage noted that a stablecoin yield compromise was finalized after negotiations with banking groups (Cointelegraph reported), but further pressure has persisted for provisions that would require crypto companies to face licensing and restrictions comparable to those imposed on banks.
This tension—between closing a political deal and still meeting stricter regulatory expectations—underscores why the vote is far from guaranteed even after substantive negotiations.
What happens if CLARITY slips past recess
If the Senate does not act before the August recess, the legislative momentum for CLARITY could be significantly harder to maintain. The post-recess period runs into the final stretch of pre-election attention, when lawmakers often prioritize campaign dynamics and avoid procedural risks that could prove politically costly.
Just as importantly for the market, delay affects uncertainty around how the US will define and regulate crypto activities at a structural level. For businesses building compliance programs, trading venues planning policy frameworks, and users looking for clearer consumer protections, timing influences investment decisions and operational strategy.
Sen. Lummis framed the push for an early vote as a matter of accountability—she said it is “just time to get people on the record.” Whether senators can be convinced to go on record before recess, and whether the 60-vote threshold can be reached, are the immediate markers readers should watch in the coming days.
With the schedule tight and opposition still anchored in ethics and banking-related concerns, the next development to monitor is whether Majority Leader John Thune successfully schedules a cloture vote before the Senate breaks—and, if not, how the bill’s support and amendments evolve in the run-up to the midterms.
Aave founder Stani Kulechov and ether.fi chief executive Mike Silagadze have come out against the proposal to burn a rising share of Ethereum validator rewards, joining a list of DeFi founders, solo stakers and researchers who have spent two days arguing against it on X and on the Ethereum… Read the full story at The Defiant
‘The Sims’ video game maker EA bought by Saudi-led group for $55 billion with Jared Kushner’s help
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