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CLARITY Act Blocked, Circle Arc Launch & Uniswap v4 Exploit | Sep 15
Audio is available on Spreaker — see link below.
The CLARITY Act died 50-49 in the Senate as crypto regulation shifts to the SEC and CFTC, while Circle launched the Arc mainnet with BlackRock and Visa as validators. Today's briefing also covers a $7.7M Uniswap v4 exploit, Ethereum's user-transaction divergence, and CoinEx's full shutdown.
Audio is available on Spreaker — see link below.
The CLARITY Act is dead. At least for now.
The important distinction now is between legislative clarity and regulatory rulemaking. With the CLARITY Act off the table, the default path shifts to the SEC and CFTC filling the gap through agency action.
One day before the Senate vote, Circle launched the Arc Layer One blockchain on mainnet. The timing is almost instructive.
On the same day the Senate vote failed, a single Safe wallet holder lost seven point seven three million dollars in rsETH through a vulnerability in a custom Uniswap v4 liquidity module. An MEV bot captured the funds before anyone could respond.
Ethereum posted a Q2 twenty twenty-six record of two hundred and three point nine million transactions, up sixty-eight point four percent year over year, with average throughput hitting twenty-five point nine transactions per second. Those are strong numbers.
CoinEx, a nine-year-old exchange, announced a full wind-down effective December twenty-second, twenty twenty-six. New registrations stop September twenty-second.
The near-term watchpoints are straightforward. On regulation, the question is whether the SEC or CFTC moves first to fill the CLARITY Act vacuum and how aggressively they frame jurisdiction.
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