A certain whale bought and withdrew 26100 ZEC from Binance and Kraken

Compared to its peak a year ago, the US government's holdings of cryptocurrency assets have shrunk by $16 billion.

[Cho In-woo: South Korea Should Clarify Rules Through the Basic Digital Asset Act to Promote the Return of Crypto Projects] Professor Cho In-woo from Seoul National University pointed out that due to the 2017 ICO ban and regulatory gaps, South Korean native crypto projects such as Klaytn, WEMIX, Metabora, and NeoFin have continuously moved their operations overseas. Cho In-woo stated that South Korea needs clearer rules and called for the establishment of the Basic Digital Asset Act to define licensing standards for issuance, custody, and validation, as well as to formulate special procedures for bringing key overseas functions back to the domestic market. (Source: Dailian)

At 10:53 UTC+8, the USDC Treasury cast 250 million new USDCs on the Solana network.

A certain giant whale has purchased and withdrawn 260700 ZECs from Binance and Kraken, with a total value of 31.93 million US dollars. Among them, 17770 ZECs were withdrawn from Binance and 8300 ZECs were withdrawn from Kraken.

RippleX project leader J. Ayo Akinyele stated that there is a serious vulnerability in the XRP Ledger payment engine that has been present for over 10 years, which previously posed a risk of XRP being issued beyond a fixed supply. This vulnerability was discovered through a vulnerability bounty program and has not yet been exploited. The development team has released the fix version xrpld 3.4.1 and completed the network upgrade. XRPL will increase proactive safety investment, clean up technical debt, and promote formal verification.