News linked to both this project and an event.
U.S. SEC Chairman Paul Atkins delivered a speech marking his first anniversary in office at the Economic Club of Washington, D.C. The SEC is advancing reforms to its digital asset regulatory framework, integrating them into its “A-C-T” strategy—modernizing regulation, clarifying regulatory boundaries, and reshaping the rulemaking system. Regarding crypto assets, the SEC has released a classification framework for crypto tokens, categorizing digital assets into five types—four of which are not considered securities. Atkins stated that the SEC will soon introduce an “Innovation Exemption” mechanism, providing a limited, compliant framework for market participants to conduct tokenized securities transactions on-chain. The SEC has also launched Project Crypto to adapt securities rules and the regulatory system to the growing trend of capital markets moving on-chain. Additionally, last month the SEC signed a Memorandum of Understanding (MOU) with the CFTC to harmonize key definitions, clarify regulatory jurisdictions, and coordinate oversight of shared regulatory matters—including digital assets. Atkins further noted that the U.S.’s prior approach to crypto asset regulation had driven innovation overseas.
Odaily News: Sonic Labs co-founder and Flying Tulip founder Andre Cronje posted on platform X, stating that his team is continuing to investigate the L0/rsETH incident. Preliminary reports indicate that approximately $200 million worth of rsETH was stolen, possibly due to a private key leak or configuration error. The related assets were subsequently deposited into Aave as collateral to borrow ETH (due to insufficient rsETH liquidity).Andre Cronje pointed out that the affected positions are technically still overcollateralized. However, if bad debt occurs, Aave's token mechanism and Safety Module will serve as the first line of defense to absorb the risk. Nevertheless, Aave has no mechanism to subsidize user losses, as doing so could trigger a bank run. Currently, Aave holds approximately $7 billion in ETH with an outstanding borrowing amount of around $100 million, so the overall impact of this incident is limited. Furthermore, prioritizing user liquidity, Flying Tulip has withdrawn all its ETH from Aave to its fund management wrapper contract. This action was taken because Aave's available liquidity had fallen below its set minimum threshold.
According to an official website announcement, Anthropic has introduced identity verification for certain use cases of Claude to prevent abuse, enforce its usage policies, and fulfill legal obligations. This process is powered by Persona, requiring users to submit a government-issued photo ID and possibly undergo real-time selfie verification. Anthropic states that verification data is used solely for identity confirmation—not for model training, marketing, or advertising. If verification fails, users may retry multiple times within the process or submit a form to request human assistance. Accounts may be suspended in cases of repeated violations of usage policies or terms of service, registration from unsupported regions, or use by individuals under 18 years of age.
According to News1, following the erroneous payment incident at Bithumb, the Bank of Korea stated that it is necessary to prudently consider introducing a “circuit breaker” mechanism—similar to those in traditional financial markets—into the cryptocurrency market to address extreme market volatility and systemic risks. The Bank of Korea noted that as the cryptocurrency market expands and associated risks increase, existing regulatory measures are insufficient to fully cover potential issues; therefore, it is essential to study the introduction of an automated trading suspension mechanism to enhance market stability and investor protection. Previously, Bithumb triggered market attention after a system failure led to abnormal payments affecting some users’ assets.
According to CoinDesk, the U.S. Department of the Treasury announced it will extend its cybersecurity threat information-sharing service—which was previously available only to traditional financial institutions—to cryptocurrency firms. Eligible crypto companies may apply to join the program through the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection and receive timely, actionable cybersecurity threat intelligence at no cost. Luke Pettit, Assistant Secretary for Financial Institutions at the Treasury Department, stated that this move aims to foster a safer and more responsible digital asset ecosystem. The policy responds to related recommendations outlined in a prior report issued by the President’s Working Group on Digital Asset Markets.