Ethereum's DAO funds reused for security, Tether disputes stablecoin yield stance as Senate panel advances crypto bill

Ethereum developer Griff Green plans to redirect unclaimed funds from The DAO's 2016 exploit into a new Ethereum security fund targeting large-scale protection. Tether CEO Paolo Ardoino said USDT has no direct interest in proposed curbs on stablecoin yield because it does not share rewards with users, while the Senate Agriculture Committee narrowly advanced its digital asset market structure bill.