Solana perps volume hits $2.5B, highest in 24 weeks

A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading: Bitcoin Rally At Risk: This Critical Resistance Could End BTC’s Bullish Run CLARITY Act Amendments Could Harm The  DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to the Senate Banking Committee’s crypto market structure bill, known as the CLARITY Act, ahead of its highly anticipated Thursday markup session. In an X post, the advocacy group warned that some of the recent amendments submitted for consideration could harm DeFi technology, users, and developers if they are implemented in the final text of the legislation. These amendments came from Democratic Senators Catherine Cortez Masto, Andy Kim, Chris Van Hollen, Elizabeth Warren, and Jack Reed, who collectively targeted core DeFi protections in the bill. Some of the most notable

Institutional preference for Solana ETFs with staking highlights a shift towards regulated crypto investments, potentially boosting Solana's market position. The post Bitwise’s BSOL ETF leads $26.5M in US Solana ETF inflows appeared first on Crypto Briefing.

Keith Gill’s verified X account was apparently hacked on May 11, with bad actors using the Roaring Kitty profile to launch and dump a Solana meme coin. Two posts appeared on Gill’s verified X account at around 21:13 UTC on…

The post River integrates OKX DEX for one-tap swaps to satUSD appeared on BitcoinEthereumNews.com. River, the protocol formerly known as Satoshi Protocol, just made converting assets into its native stablecoin satUSD considerably less painful. The platform has integrated OKX DEX’s X Routing algorithm directly into the River App, allowing users to swap virtually any token into satUSD with a single tap. Integration with OKX DEX Swap any asset → satUSD, in one tap, directly in River App. Routed through @wallet API and powered by @okx DEX aggregator ▸ multi-chain support▸ best-route execution▸ one-tap into satUSDte pic.twitter.com/rHjiuYy2zx — River (@RiverdotInc) May 12, 2026 The move addresses one of the more persistent headaches in decentralized finance: getting your assets from point A to stablecoin B without navigating a maze of bridges, DEXs, and approval transactions. How the integration works OKX DEX’s X Routing algorithm acts as a liquidity aggregator, pulling quotes from more tha

The post Luke Leasure: Layer Zero’s infrastructure vulnerabilities highlight security gaps, Aave’s collateral oversight demands better risk management, and the dynamics of looping reshape DeFi borrowing appeared on BitcoinEthereumNews.com. Luke Leasure: Layer Zero’s infrastructure vulnerabilities highlight security gaps, Aave’s collateral oversight demands better risk management, and the dynamics of looping reshape DeFi borrowing | Unchained DeFi’s security challenges spotlight the urgent need for improved risk management and secure deployment practices. Key Takeaways Layer Zero’s off-chain infrastructure vulnerability underscores the importance of secure deployment practices in DeFi. Aave’s oversight in collateral listing highlights the need for stringent risk management. Lending protocols’ pooled collateral design affects user borrowing behavior and market dynamics. Limited organic demand for borrowing ETH is primarily driven by shorting strategies. Users engage in ‘looping’ to maxim

The post Senators File Clarity Act Amendments on DeFi, Trump Family, and Jeffrey Epstein appeared on BitcoinEthereumNews.com. In brief Senators filed dozens of last-minute amendments to the Clarity Act ahead of Thursday’s key vote. Proposed changes target stablecoin rewards, Trump family crypto ventures, DeFi regulation, and anti-money laundering rules. Other amendments veer beyond crypto entirely, including proposals on housing policy, credit card fees, and releasing records tied to Jeffrey Epstein. With less than 24 hours to go until the Senate Banking Committee’s landmark vote on the Clarity Act, participating senators have introduced dozens of amendments to the major crypto bill. At tomorrow’s hearing, lawmakers will vote on adding each amendment to the sprawling legislation—which would formally legalize most crypto activity in the United States—before ultimately deciding whether to pass the bill onto the Senate floor. Here’s a breakdown of those amendments, which have been reviewe

Legend will keep its platform active until July 12 while users withdraw remaining balances safely. Founder Jayson Hobby said users prioritize financial outcomes over blockchain-focused branding. The company halted new onboarding after announcing the shutdown of its DeFi application. Legend to shut down on July 12 after the DeFi platform failed to achieve sustainable long-term […] The post Legend to Shut Down July 12 After Two-Year Push Into Mainstream DeFi appeared first on Live Bitcoin News.

The post Largest Solana treasury stock lost $1B while earning 6.7% staking rewards appeared on BitcoinEthereumNews.com. The world’s largest publicly-traded Solana treasury company has lost roughly $1 billion holding SOL despite earning 6.7% staking yields.  Forward Industries launched its Solana treasury strategy on September 8, 2025 — months after the crypto treasury bubble had already popped — with a $1.65 billion private placement led by Galaxy Digital, Jump Crypto, and Multicoin Capital. Multicoin co-founder Kyle Samani personally added $25 million and became chairman.  “Our strategy to build an active Solana treasury program underscores our conviction in the long-term potential of SOL,” the company proclaimed at the onset. That day, SOL was trading at $206. SOL trades at $91 today. Forward Industries currently holds 6,979,967 SOL. Consider Forward Industries’ 10-Q for the quarter ended December 31, 2025, when the company reported a $585.65 million net loss. The same quarter a year