22h ago
Patrick Witt Mediates US Stablecoin Yield Clash as CLARITY Act Faces February 2026 Deadline
On 14 February 2026, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, emerged as a key mediator in the dispute between major banks and crypto firms over stablecoin yields that is stalling the CLARITY Act of 2025. He argues that yield-bearing stablecoins are not a systemic threat, backs a narrow fix focused on "idle yield," and is pushing both sides to reach a compromise by the end of February 2026 as the midterm election window tightens.
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22h ago
23h ago
Brave Researchers Detail Structural Risks in zkLogin Zero-Knowledge Authorization on Sui
In a newly published paper and blog post, Brave security researcher Sofía Celi and colleagues analyze the zkLogin authorization system used in the Sui blockchain ecosystem, warning that its security, privacy, and trust properties rely on assumptions not enforced by the protocol. They describe three main vulnerability classes involving JWT parsing, weak bindings between authentication and authorization, and dependence on centralized identity and proving services. The team says these issues arise from architectural design choices and recommends stricter token validation, stronger issuer and user bindings, and improved consent when forwarding tokens to external services.
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SUI
SUI+4.00%
23h ago
23h ago
Virginia advances crypto ATM kiosk bill; passed both chambers by February 14, 2026
Virginia has advanced a bill to regulate cryptocurrency ATM kiosks statewide, with approval from both the Senate and House and delivery to the governor’s desk. The measure sets operator rules, daily and monthly transaction limits, a 48-hour hold for new users, ID checks, fee caps, and clear fraud warnings, and bars marketing the machines as ATMs. Delegate Michelle Maldonado cites scams, including losses of $15,000 and up to $250,000.
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23h ago