The newly released draft of the CLARITY Act, a landmark legislative effort to regulate the cryptocurrency market, has ignited significant backlash from within the crypto community. Intended to provide a regulatory framework, the draft is now criticized for potentially failing to protect software developers and for introducing enhanced surveillance measures for users of non-custodial wallets. Expert analysis suggests the legislation may prioritize banking interests and create dangerous accountability loopholes, raising alarms about the future of privacy and innovation in decentralized finance.
about CLARITY Act Draft Sparks Crypto Privacy and Developer ConcernsRyan Adams
0 posts last weekCrypto Funding Hits $176M, DeFi Innovation Surges
This week saw $176 million raised across 24 crypto projects, signaling robust venture interest despite market conditions. Major treasury allocations and strategic acquisitions highlight sector maturation, while thought leaders debate DeFi’s competitive edge against traditional finance.
about Crypto Funding Hits $176M, DeFi Innovation SurgesEthereum Surges Past $3,400, Sparking Altcoin Season Buzz
Ethereum’s price has reclaimed momentum, climbing above $3,400 for the first time since mid-January, posting a 9% gain in 24 hours. The rally follows a 150% surge since April, far outpacing Bitcoin’s 65% rise, signaling growing risk appetite among traders. Analysts attribute ETH’s strength to fundamental factors, including institutional interest, ETF inflows ($726M in a single day), and its role in DeFi innovations like stablecoins and tokenization. Altcoins like Solana, XRP, and Cardano have also rallied, with Coinglass’s Altcoin Season Index hitting its highest since February. Predictions suggest ETH could reach $4,000–$5,000 by year-end, with long-term targets as high as $15,800 by 2028.
about Ethereum Surges Past $3,400, Sparking Altcoin Season Buzz