🏛️ Lummis Pushes Clarity Act to Reverse US Crypto Exodus

**Kelp DAO's LayerZero bridge suffered a $292 million exploit**, marking the largest DeFi hack of 2026. **How the attack worked:** - Attacker forged a cross-chain message on the bridge - Minted 116,500 rsETH tokens from nothing - Used fake collateral to drain real ETH from lending protocols - Emergency multisig paused operations 46 minutes later **The core vulnerability:** Cross-chain bridges rely on trusting messages between chains. When this trust layer fails, there's no safety net. This incident highlights ongoing security challenges in bridge infrastructure and the risks of wrapped assets versus native cross-chain transfers.

Bridgers has integrated with Kasplex, connecting the Kaspa ecosystem to over 50 blockchains and 600+ assets through cross-chain bridging. **Key Details:** - Users can now access Kaspa from multiple chains via [Bridgers dApp](http://dapp.bridgers.xyz) - Integration follows recent additions of USDS (ERC20), USDC (KASPLEX), and USDT (KASPLEX) to the Bridgers platform - All transactions use non-custodial execution through smart contracts with aggregated liquidity - Builds on Bridgers' February integration of native KAS token The partnership expands interoperability for Kaspa, a proof-of-work blockchain, allowing users to move assets between chains without centralized custody. Bridgers handles routing while users maintain authorization control throughout the process.

**China's State Media Targets Crypto Marketing** China's People's Daily has launched a crackdown on financial media accounts promoting cryptocurrency investments with exaggerated claims. **Key Points:** - Authorities are scrutinizing accounts that advertise "100x coins" and promises of earning millions monthly - Such promotional activities are being classified as **illegal financial behavior** - This action reinforces China's longstanding position that cryptocurrencies have no legal status in the country **Background Context:** This enforcement action aligns with China's December 2025 statement reiterating that crypto and stablecoins lack legal recognition. The government has ordered stricter enforcement measures to address associated risks. The crackdown specifically targets misleading marketing practices rather than individual crypto holders, focusing on media accounts that promote unrealistic investment returns.

Bridgers has expanded its cross-chain routing capacity, now supporting transactions of nearly 2 BTC per swap. **Key Features:** - Non-custodial execution with smart contract-powered routing - Aggregated liquidity across multiple blockchain ecosystems - Support for over 400 cryptocurrencies including BTC, XMR, and various tokens - Users maintain control by authorizing transactions from their own wallets The platform continues to add new token support, recently integrating BPRM (BASE), XMR, and various chain-specific assets. Bridgers focuses on optimizing execution paths by aggregating liquidity across different ecosystems. Access the platform at [dapp.bridgers.xyz](http://dapp.bridgers.xyz)

**Bridgers now supports BTC cross-chain transfers**, allowing users to move Bitcoin between different blockchain networks. **How it works:** - Connect your wallet to [Bridgers dApp](http://dapp.bridgers.xyz) - Select your transfer route - Set the amount - Authorize the transaction The platform operates in the background to facilitate Bitcoin transfers across chains. Bridgers aggregates liquidity across multiple ecosystems to calculate optimal execution paths for cross-chain transactions, eliminating the need for multiple protocols.