News

Foresight News reports that Aave announced its bug bounty program has been updated to better align rewards with the risk profile of each part of the ecosystem and to streamline the review process. The reward cap for critical bug fixes in Aave V4 and Core Aave V3 has now been increased fivefold.

BlockBeats News, May 14th: Democratic Senator Elizabeth Warren stated at the Banking Committee hearing on the "CLARITY Act" that the bill would expand leverage in various asset classes and regulatory regimes, increasing systemic risk. Warren acknowledged that the 115th amendment had taken some steps to protect consumers from harm by the new regime, but the effort was far from enough. She criticized the amendment for seemingly eliminating civil protections for cryptocurrency accounts, highlighting a fundamental paradox in the field: on one hand, pushing more of the market into the crypto space, and on the other hand, removing protections for investors and avenues for recourse for victims. She warned that this was the wrong path and would ultimately lead to an economic collapse. The "Cryptocurrency Market Structure Act" (i.e., the CLARITY Act) is currently undergoing line-by-line amendment voting and debate.

ChainCatcher reports, according to The Defiant, Solana has officially announced that the $ENA token is now live on several mainstream applications within the Solana ecosystem. The platforms currently integrated include Phantom wallet, Jupiter Exchange, FOMO, dFlow, Titan Exchange, Solflare, Kamino Swap, and Mayan. Among them, Phantom and Jupiter, as some of the most widely used applications on Solana, provide important channels for trading and utilizing ENA.