DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance

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The proposing wallet submitted after receiving 87,238 FORTH of delegated power; the action ended with zero votes and no transfer.

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The Block•

Bernstein says Clarity Act failure allows stablecoin rewards on idle balances to continue, expects ‘swift’ SEC and CFTC rulemaking

Bernstein expects the SEC and CFTC to drive crypto rulemaking after Senate lawmakers failed to advance Clarity Act legislation.

Brief by WorldPing · Original reporting by The Block

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Bitcoin.com•

Crypto Wallet Maker DCENT Tells Users to Get Their Coins Out

On Wednesday, the cybersecurity company based in South Korea and the firm behind DCENT App Wallet issued a critical security notice telling users to “transfer assets as soon as possible to a secure hardware wallet or another trusted wallet address.

Brief by WorldPing · Original reporting by Bitcoin.com

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Bitcoin.com•

Zcash Price Hits $1,270 After a 99.9% Governance Landslide

Zcash holders delivered a nearly unanimous message on Network Upgrade 7 (NU7) to make the network faster, but leave its monetary clock alone. Nearly 2.4 million ZEC participated in the private poll, with 99.

Brief by WorldPing · Original reporting by Bitcoin.com