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A new analysis is putting a spotlight on one of crypto's oldest vulnerabilities. Private key compromises, not smart contract exploits, account for forty percent of the industry's sixteen billion dollars in total hack losses. Pharos co-founder Wish Wu says the industry is making progress on the problem, but adoption of better key management practices remains uneven across the ecosystem.
On the regulatory front, the White House is stepping into a delicate negotiation over the Crypto Clarity Act. Officials are sitting down with law enforcement groups who've raised objections to the bill's illicit finance provisions. How those conversations land could shape the most significant piece of crypto legislation Congress has attempted in years.
And while crypto debates its future, traditional banking is quietly modernizing its plumbing. J.P. Morgan has added five Asia-Pacific currencies to its Kinexys blockchain settlement platform, letting institutional clients move money and settle foreign exchange transactions around the clock. It's a measured but meaningful signal that legacy finance sees blockchain infrastructure as a serious operational tool, not just a talking point.
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