Cybersecurity consultant Jonathan Spalletta has been found guilty by a New York jury for stealing nearly $55 million in assets from Uranium Finance and faces up to 20 years in prison. Law enforcement agencies seized over $3 million worth of cards and approximately $31 million worth of encrypted assets from his residence. He also spent over $600000 on Roman coins and $137000 on Wright Brothers aircraft components. (Source: Bloomberg)

Cryptography researcher Justin Drake suggests that large holders transfer their funds to a new address where the transaction has never been signed and the public key is still hidden after hashing, and suggests transferring the remaining funds to the new address after each signature. Justin Drake believes that ECDSA may be cracked by classical algorithms before quantum computing Q-Day, and in the worst case, it could happen within a few months. Binance, Bitbank, Robinhood, Bitfinex, and Tether can reinforce cold wallets.

[French Hill: SEC and CFTC Regulations Fall Short of Clarity Bill Expectations] Chairman of the House Financial Services Committee, French Hill, pointed out that the regulatory measures of the SEC and CFTC fall short of the expectations set by the Clarity Bill. He plans to push for the bill's passage during the lame-duck session. (Source: Bloomberg)

French Hill, Chairman of the U.S. House Financial Services Committee, stated that the regulatory actions of the SEC and CFTC fall short of the stability provided by congressional legislation, and that the CLARITY Act still needs to be passed to ensure the United States' leading position in digital assets and blockchain technology. French Hill hopes that Congress will pass the bill during the session after the midterm elections. (Source: Fox Business)

美国众议院金融服务委员会主席 French Hill 表示，SEC 和 CFTC 的监管行动无法替代立法，呼吁国会在跛脚鸭会议期间通过 CLARITY 法案。SEC 主席 Paul Atkins 和 CFTC 主席 Michael Selig 将按美国总统唐纳德·特朗普指示推进监管。目前 SEC 有 Hester Peirce 辞职等职位空缺，CFTC 仅由 Michael Selig 担任主席及委员。