Crypto industry shifts lobbying focus from Congress to individual senators; MetaMask security incident under investigation.
Regulation & Gov ·
The crypto industry is shifting its political focus to individual Senate races after the Clarity Act failed in Congress, with Stand With Crypto endorsing candidates including Republican Jon Husted against longtime critic Sherrod Brown in Ohio and backing two Democratic candidates despite Democratic opposition to recent crypto legislation. MetaMask is pulling all its Ethereum validators out of Lido following a security incident affecting its infrastructure, with exits expected to complete by October 7 and validator exits taking up to 45 days to cycle back.