A lobbying effort spearheaded by banking trade groups is likely to delay the markup of a key crypto market structure legislation, known as the Clarity Act, until May. This development comes as lawmakers and industry stakeholders continue to debate the regulatory framework for digital assets. In a separate incident, the decentralized finance (DeFi) sector has been hit by another multi-million-dollar hack, contributing to the increasing number of exploits this month. The frequency of these attacks underscores the ongoing security challenges faced by the DeFi ecosystem.