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Techub News, according to Cointelegraph, Ripple CEO Brad Garlinghouse warned at the Consensus 2026 conference that, despite recent progress on the CLARITY Act, the Senate only has a few weeks before its August recess to advance the bill due to the impact of the November U.S. midterm elections and campaign season. If it fails to pass, a comprehensive cryptocurrency regulatory framework may not be introduced until 2030. The bill aims to establish clear rules for the U.S. cryptocurrency industry and end years of regulatory uncertainty. The Senate Banking Committee has scheduled a markup of the bill for this Thursday. A HarrisX poll in May showed that 52% of surveyed voters support the bill, which has received bipartisan backing.
Techub News, according to crypto.news, Coinbase Vice President Kara Calvert stated at Consensus 2026 that the Senate Banking Committee could hold a markup vote on the CLARITY Act as early as next week. She said the bill needs at least 60 votes to pass and emphasized that bipartisan support is crucial. The bill aims to clarify the regulatory division between the SEC and the CFTC, placing digital commodities under the CFTC's jurisdiction. It passed the House of Representatives in July 2025, but is currently stalled in the Senate due to disputes over stablecoin yields and other issues.
Techub News, According to WuBlockchain, BitMEX co-founder Arthur Hayes said in an interview with CoinDesk at the Consensus conference on May 5 that despite accelerated institutional adoption, 99% of altcoins will eventually go to zero, but this does not mean the end of the cryptocurrency industry. He believes that altcoins will not die out due to institutionalization, and the market will remain vibrant. This view emphasizes the self-cleaning mechanism of the cryptocurrency market, where even if most projects fail, the industry as a whole will continue to develop.
Techub News, according to CoinDesk, Cardano founder Charles Hoskinson stated at the Consensus 2026 conference that by 2035, AI agents will dominate internet search, commerce, and activities. Their characteristics of not clicking on ads and lacking brand loyalty will disrupt the core business models of Google, Amazon, and Facebook. He pointed out that AI agents will handle due diligence, transaction execution, and DeFi interactions in the cryptocurrency space, and called on users to directly control their data, identity, and assets. He also said that AI agents can simplify the crypto user experience, while the adoption of blockchain by institutions such as JPMorgan indicates that the industry is maturing.
Techub News, according to CoinDesk, Binance founder Changpeng Zhao stated at Consensus Miami 2026 that he is considering reviving Binance.US to help U.S. users regain access to global liquidity. He noted that BNB Chain is the best payment channel for automated transactions between AI agents, and that U.S. cryptocurrency policy has significantly improved. Zhao was released after serving four months in prison in 2024 and received a pardon from Trump last year. Currently, Binance.US plans to expand its derivatives business. Zhao mentioned that BNB Chain has established a builder base in New York and launched a $1 billion fund through YZi Labs to support ecosystem projects, with many developers who had previously left the U.S. gradually returning.
Techub News, according to U.Today, Ripple Chief Technology Officer Emeritus David Schwartz explained that XRP tokens are not used in the XRP Ledger (XRPL) consensus mechanism. He detailed that the PoS mechanism had not yet emerged when XRPL was developed, and that using XRP to drive consensus would inevitably allow Ripple to control the mechanism. The XRP Ledger relies on a "stakeholder selection" mechanism, where participants choose validators they trust to reach consensus. According to his 2020 lecture, artificial mining or staking rewards are an attack on natural stakeholders, and the only reason to participate in the system is the hope that it operates reliably.
Techub News reported, according to Cointelegraph, U.S. Senate Banking Committee Chairman Tim Scott stated that crypto market structure legislation has gained bipartisan support, and the current final hurdle to advancement lies in coordination and consensus within the industry. Tim Scott revealed that he has communicated with Coinbase, and all parties are still actively negotiating.
Techub News reports, according to Crypto In America, during the Washington DC Blockchain Summit, negotiations between the crypto industry and the banking sector on stablecoin yield regulation are nearing a consensus. Cody Carbone, CEO of the Digital Chamber of Commerce, stated that both sides lean towards a compromise: prohibiting the payment of yields on idle stablecoin balances but allowing transaction-based rewards, to alleviate traditional banks' concerns about deposit outflows. Currently, Senators Thom Tillis and Angela Alsobrooks are seen as the key "gatekeepers" for the agreement's finalization. Once the yield provisions are legislatively finalized, the remaining disputes regarding DeFi and token classification are expected to be resolved more swiftly. Senate Banking Committee Chairman Tim Scott is anticipated to provide more clarity on the committee's next voting schedule during the summit.
Techub News reports that Sui has released a report regarding the mainnet outage on January 14. The cause of this incident was a persistent disruption due to internal disagreements in the validator consensus process. This failure prevented validators from certifying new checkpoints, resulting in transaction submission timeouts. The issue was unrelated to network congestion or transaction volume. Sui's checkpoint certification and isolation mechanisms promptly detected and contained the problem, preventing a user-visible fork by suspending the process. The network has resumed normal operation after validators deployed a fix and reprocessed the consensus data. Sui stated that no certified transactions were rolled back during this incident, and user funds remain secure.
Techub News reports that the Prysm team, an Ethereum consensus layer client, has released a post-mortem analysis report on the Fusaka mainnet outage. A network failure occurred in Prysm on December 4th. During the incident, almost all Prysm nodes experienced resource exhaustion when processing specific attestations, leading to an inability to respond to validator requests in a timely manner. The outage affected epochs 411439 to 411480, resulting in the loss of 248 blocks across 42 epochs, with a missing rate of 18.5%. The network participation rate dropped to a minimum of 75%, and validators lost approximately 382 ETH in attestation rewards. The root cause was that Prysm beacon nodes received attestations, potentially from unsynchronized nodes, which referenced block roots from a previous round. To validate these attestations, Prysm attempted to reconstruct compatible states, leading to repeated processing of past round blocks and expensive recomputation of round transitions. The team temporarily resolved the issue by instructing users to use the --disable-last-epoch-target parameter. Subsequent versions v7.0.1 and v7.1.0 contain long-term fixes.
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