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Circle’s USDC stablecoin to launch on Sui network

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The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.

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Coin Market

Crypto ally French Hill wins reelection but set to lose House chair

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Republican French Hill secured another term in Congress but will lose his leadership of the House Financial Services Committee when Democrats take control in January.

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Asian crypto exchanges batten down the hatches as hacks surge: Asia Express

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Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.

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Fed, OCC check US banks after Binance hack as experts flag security risks

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US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and crypto risks.

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