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1,200 Tech Companies Tell Senate to Pass CLARITY Act as Lummis Calls Code-as-Crime Risk an 'Absurdity'
Regulation & Politics

1,200 Tech Companies Tell Senate to Pass CLARITY Act as Lummis Calls Code-as-Crime Risk an 'Absurdity'

The Consumer Technology Association, representing more than 1,200 firms including Amazon, Apple and Google, urged the Senate to pass the CLARITY Act without delay. Senator Cynthia Lummis followed with an on-record statement that the bill ends the 'absurdity' of developers needing lawyers to know whether shipping code is a crime.
ENS DAO Opens Temp Check on Handing Treasury and Day-to-Day Authority to ENS Foundation
DeFi

ENS DAO Opens Temp Check on Handing Treasury and Day-to-Day Authority to ENS Foundation

An ENS DAO temp check published Friday would shift treasury control, grants administration and long-term capital strategy to an expanded ENS Foundation, while tokenholders retain protocol-layer authority.
Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts
TradFi & Fintech

Morgan Stanley Files Amended S-1s for Spot Solana and Ethereum Trusts

Morgan Stanley's amended S-1 filings for its spot Solana and spot Ethereum trusts name BNY Mellon and Coinbase Custody as joint custodians, set a 0.14% sponsor fee, and reserve the tickers MSOL and MSSE on NYSE Arca. Both products include staking provisions.
Jaredfromsubway.eth, Ethereum's Most Active Sandwich Bot, Drained for $7.5M Over the Weekend
Hacks

Jaredfromsubway.eth, Ethereum's Most Active Sandwich Bot, Drained for $7.5M Over the Weekend

An attacker drained more than $7.5 million from jaredfromsubway.eth, the Ethereum address tied to roughly 70% of sandwich attacks on the network, after a counter-MEV honeypot fed it 66 fake token contracts over several weeks. Blockaid disclosed the exploit Saturday.
Dormant Wallet Tied to HashFlare Fraud Moves 10,600 ETH Worth $18.5M
Hacks

Dormant Wallet Tied to HashFlare Fraud Moves 10,600 ETH Worth $18.5M

An Ethereum address tied to the HashFlare cloud-mining Ponzi moved 10,600 ETH worth about $18.5 million on Monday morning after sitting idle for roughly three and a half years. Onchain investigator ZachXBT, with help from security firm Cyvers, flagged the movement, the first activity from the address since the long-running scheme collapsed.
Andrew Cuomo Tapped to Co-Chair OKX-ICE Crypto Joint Venture
TradFi & Fintech

Andrew Cuomo Tapped to Co-Chair OKX-ICE Crypto Joint Venture

Former New York governor Andrew Cuomo will co-chair a joint venture between OKX and NYSE owner Intercontinental Exchange with ICE futures-exchanges chief Trabue Bland. Cuomo has advised OKX on policy since 2022, spanning the exchange's $504 million DOJ settlement. The venture is the consumer-facing wedge of ICE's $25 billion strategic tie-up with OKX.
Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins
Regulation & Politics

Bank of England Publishes Policy Statement and Draft Rules for Systemic Stablecoins

The Bank of England published its policy statement and draft Code of Practice for systemic stablecoin issuers on Monday, replacing per-person holding caps with a £40 billion issuer-level guardrail and lifting the gilt share of reserves to 70%. Industry feedback is open until 22 September.
Tom Lee Says 'Zero Chance' of Ethereum Funding Crisis as Insider Warns of $30M Gap
Blockchains

Tom Lee Says 'Zero Chance' of Ethereum Funding Crisis as Insider Warns of $30M Gap

The chairman of BitMine, the largest corporate holder of Ether, brushed off a former Ethereum Foundation contributor's warning that core development could run short of money within nine months.
Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily
Blockchains

Sonic Labs Founders Including Andre Cronje Quit Board as New CEO Pledges to Get '1% Better' Daily

Andre Cronje, Michael Kong and David Richardson are stepping down from the board of the Layer 1 blockchain, whose token has fallen about 97% from its peak, as Matt Visser takes over as CEO
AWS Plugs Coinbase's x402 Into CloudFront, Letting Publishers Charge AI Agents in USDC
DeFi

AWS Plugs Coinbase's x402 Into CloudFront, Letting Publishers Charge AI Agents in USDC

AWS turned on AI traffic monetization inside AWS WAF on Monday, letting any site behind Amazon CloudFront charge AI agents per request in USDC through Coinbase's x402 protocol. It is the first time a hyperscale cloud has wired onchain settlement into its content-delivery edge.