The Senate Banking Committee will hold a markup hearing for the Digital Asset Market Clarity Act on May 14, with a White House goal for full passage by July 4. A compromise on the stablecoin yield issue has been reached, banning passive yield but allowing activity-based rewards. Odds of passage fluctuated from 79% to 63%. Timing is tight, with Congress’s recesses and elections pressuring the legislative window. BlackRock filed for two tokenized finance products: a stablecoin reserve vehicle and an onchain money-market fund, representing a major expansion into regulated, blockchain-based financial products. Its BUIDL fund now holds $2.4 billion across eight blockchains. The real-world asset tokenization market exceeded $30 billion, with BlackRock seeking a dominant role. LayerZero admitted fault in the $292 million KelpDAO exploit, reversing its earlier stance blaming Kelp. The vulnerability arose from LayerZero’s decentralized verifier network used as a sole verifier; the admission followed user migrations and criticism of its communications. Zcash unveiled a roadmap for quantum-proof upgrades, beginning with a quantum-recoverable wallet in June and aiming for protocol-wide post-quantum security by 2027. Shielded transactions now comprise 30% of ZEC holdings, reflecting increased adoption and demand for privacy features.