Ethereal news mini #1 | Vitalik: updated Strawmap explainer, Ethlabs & Ethereum Institutional hiring, Devcon 8 speaker applications open

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Over the weekend, hackers stole more than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn yields on idle crypto investments.  By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the…

Bitcoin Tests $59,000 as Traders Look For A Cleaner Rebound After Supply Pressure is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Bitcoin’s rebound attempt is really a test of market depth after several weeks dominated by government wallets,…

Ethereum is struggling below $1,700 as the market faces a combination of apathy and uncertainty that has made sustained directional movement difficult to produce in either direction. The price is grinding — not breaking down aggressively but equally failing to generate the momentum needed to reclaim higher levels — and data from Arkham Intelligence has…

CFTC Chair Mike Selig backs the CLARITY Act as French Hill pushes for July Senate action on crypto market rules. U.S. crypto policy returned to focus as officials renewed calls for the CLARITY Act. CFTC Chair Mike Selig said the bill is needed for clear digital asset rules. Selig said innovators and market participants need…

The CLARITY Act’s two biggest obstacles are moving in opposite directions this week. Law enforcement opposition is softening, while the ethics fight over crypto conflicts of interest is sharpening. Before this week, forecasters and prediction markets already had CLARITY at a coin flip of becoming law in 2026. The core blockers were floor time, an…