The Lido Decentralized Autonomous Organization (DAO), the entity that governs the Lido liquid staking protocol, has initiated an emergency vote to rotate a compromised oracle — a bridge that connects…
Lido Finance has kicked off an emergency DAO vote after spotting a security issue with one of its oracle keys managed by Chorus One. On May 10, 2025, a contributor…
The Senate’s GENIUS Act failed to pass a key procedural vote on Thursday, a stunning blow to the stablecoin bill’s chance of passage that may have further negative consequences for…
In brief
Senate Republicans will hold a Thursday vote on the GENIUS Act, the first federal stablecoin framework, despite Democratic resistance and GOP defections.
The latest bill version drew criticism after leaking…
In brief
Senate Majority Leader John Thune signaled openness to Democratic amendments on the GENIUS Act ahead of a key floor vote.
The move comes after nine Senate Democrats issued a joint…
In brief
GENIUS Act seeks to establish a comprehensive regulatory framework for U.S. stablecoins.
The bill faces criticism over potential impacts on traditional banking.
Its legislative code differs from the House's STABLE Act…