ssui

The Sui ecosystem lending protocol Scallop announced on platform X that a vulnerability was found in an affiliated contract related to Scallop's sSUI reward pool, resulting in a loss of approximately 150,000 SUI. The affected contract has been frozen.Scallop stated that the core contract remains secure, and only the sSUI reward pool was affected. All other reward pools are safe. Scallop will fully cover 100% of the losses and will release further updates as soon as possible.

According to official news, Agora announced that starting from April 3, 2026, it will gradually stop the issuance and support of AUSD on the Injective network. According to the latest adjustments, no new AUSD will be minted on Injective from today, and AUSD held on this network will no longer earn any rewards. However, users can still redeem AUSD at a 1:1 value, and the redemption window will last until September 28, 2026. This adjustment only applies to the Injective network and does not affect the operation of AUSD on other chains.Regarding the redemption process, Agora stated that its clients can complete the operation through their account contacts. Users only need to send AUSD on Injective to the official channel, and the platform will assist in converting it to AUSD on the user-specified chain or exchanging it for US dollars and other supported stablecoins. The official emphasized that September 28, 2026, is the standard redemption deadline, and after that, remaining assets can still be processed, but may require additional KYC verification processes and related fees.Agora pointed out that this decision stems from its regular evaluation mechanism for multi-chain deployment, with key considerations including actual usage, ecosystem health, and infrastructure costs. After a comprehensive assessment, Agora decided to strategically shrink the AUSD business on the Injective network to optimize resource allocation and improve overall operational efficiency.

Polymarket official team member Mustafa posted on platform X that a major announcement will be made next Monday. Due to the tweet containing a coin symbol, the community speculates it may be significant news related to financing or a token launch.

Investment bank TD Cowen stated that the U.S. Congress may be close to passing legislation to permanently prohibit the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This move could benefit stablecoin issuers but may also introduce new complexities for cryptocurrency market structure legislation.Last week, U.S. Senator Ted Cruz proposed an amendment in the housing bill "21st Century ROAD to Housing Act," calling for a permanent ban on the Federal Reserve issuing CBDC. The amendment aims to convert the currently effective temporary ban, which lasts until 2030, into a permanent provision. The housing bill is expected to be submitted for a Senate vote as early as this week.Jaret Seiberg, Managing Director of TD Cowen's Washington research department, indicated that the housing bill ultimately submitted for the president's signature is likely to include this ban, and the possibility of a permanent ban is higher than that of a temporary one. Seiberg pointed out that the amendment is primarily aimed at solidifying the current policy stance.The Federal Reserve has repeatedly stated that it will not issue a digital dollar without explicit authorization from Congress. Meanwhile, several U.S. lawmakers have recently co-signed a letter to congressional leadership, urging for a permanent ban on CBDC. Congressman Ralph Norman stated that unlike cash, CBDC could allow the government to track transactions and monitor individual spending behavior, thus a permanent ban is necessary to protect the privacy and freedom of Americans.It is noteworthy that the U.S. House of Representatives passed the "Anti-CBDC Surveillance State Act" last year, which prohibits the Federal Reserve from directly issuing CBDC to individuals. Cruz has also been actively pushing for similar legislation in the Senate.

The cryptocurrency trading platform Bakkt, a subsidiary of the New York Stock Exchange, announced the completion of the direct issuance pricing for 3,024,799 shares of Class A common stock and pre-funded warrants. Each pre-funded warrant can purchase up to 2,475,201 shares of Class A common stock, with an issuance price of $8.75 per share and a price of $8.7499 per pre-funded warrant, totaling $48.125 million to be raised. The transaction is expected to be completed around March 2, 2026, subject to customary closing conditions.

According to the Financial Times, the "Board of Peace," led by U.S. President Trump, is exploring the issuance of a stablecoin pegged to the U.S. dollar to support the digital transaction system in the Gaza Strip.Insiders indicate that the stablecoin will serve as "a way for Gaza residents to make digital payments." The Gaza region is currently facing a severe humanitarian crisis, making cash access extremely difficult. Many bank facilities and ATMs have been destroyed or closed, while new cash deliveries are also restricted, leading local residents to increasingly rely on digital payment methods.The stablecoin proposal has been put forward against this backdrop, aiming to establish a basic financial transaction infrastructure. The project is spearheaded by Israeli tech entrepreneur Liran Tancman, in collaboration with organizations such as the "National Committee for Gaza Administration" (NCAG). Sources indicate that the plan includes not only the stablecoin but also the establishment of a "secure digital infrastructure" to support electronic payments, financial services, online education, and healthcare systems as an open platform, allowing users to control their own data.

According to The Block, Russia's largest bank Sberbank is planning to launch a corporate loan product backed by cryptocurrency. A spokesperson for the bank stated that this move is driven by strong customer demand and mentioned that they are ready to collaborate with the Central Bank of Russia to develop the relevant regulatory framework.The plan follows a similar path to international banks, such as JPMorgan exploring such products, while Wells Fargo has already provided related services. At the end of last year, Sberbank completed a pilot transaction with mining company Intelion Data, which used its own digital currency as collateral, while the bank managed the collateral through its proprietary custody infrastructure and Rutoken hardware solution.

According to sources, Eurozone finance ministers will discuss the issuance of euro-denominated stablecoins and ways to enhance the euro's monetary status through more joint EU debt.

In response to a recently circulated so-called "lawyer's letter," Binance stated that the document was not issued by Binance and is a forged document. Previously, X user Lewsiphur accused Binance of being insolvent and claimed that it would have a more severe impact on the market than FTX. Subsequently, he shared a suspected cease-and-desist letter allegedly issued by Binance, stating that failure to delete the relevant content within the specified time would result in legal action.The official Binance customer service account responded, stating: "This letter did not come from Binance, but is a forged document with strong subjective speculation. We remind users to be vigilant against false documents and misleading information." As of now, the aforementioned related accusations have not been deleted.Regarding the recent bankruptcy rumors surrounding Binance, the company has repeatedly denied them and stated that such claims lack factual basis. Binance co-founder He Yi also mentioned that the concentrated withdrawal behavior initiated in the community can be seen as a stress test to some extent, and on-chain data shows that the related activities have not led to a decrease in the platform's asset scale.

According to the official WeChat account of the Shenzhen People's Procuratorate, the Shenzhen People's Procuratorate has legally reviewed and filed a public prosecution against defendants Sui Guangyi, Ma Xiaoqiu, and 30 others for crimes of fundraising fraud, illegal absorption of public deposits, and money laundering, involving the illegal fundraising activities carried out by Shenzhen Dingyifeng Asset Management Co., Ltd., Hong Kong Dingyifeng International Holdings Group Co., Ltd., and their affiliated companies in Shenzhen and other locations, to the Intermediate People's Court of Shenzhen, Guangdong Province.The Futian Branch of the Shenzhen Public Security Bureau previously issued a notice stating that "Dingyifeng" and its affiliated companies issued false financial products and "DDO digital options" (which belong to "air coins"), engaged in illegal activities, and have suspected criminal offenses. A batch of assets related to "Dingyifeng" and its affiliated companies, including real estate, vehicles, equity, and bank account funds, have been sealed, seized, and frozen.

tøny tweeted that Cosmos Labs co-CEO magmar recently revealed in a Telegram chat that his team has been in discussions with Circle regarding the issuance of native USDC.

According to market news, the U.S. stock-listed Bitcoin treasury company Strive announced plans to raise $150 million by issuing Series A perpetual preferred stock (SATA Stock).The company stated that it will use the proceeds to reduce outstanding debt, purchase Bitcoin and Bitcoin-related products, and support company growth. This financing plan follows the approval by shareholders last week for Strive to acquire Semler Scientific. The acquisition is expected to be completed soon and will add over 5,000 Bitcoins to Strive's balance sheet, increasing the company's Bitcoin reserves to 12,798 Bitcoins.

According to The Block, Superstate, led by Compound founder Robert Leshner, has announced the launch of "Direct Issuance Programs," allowing public companies to raise funds directly from KYC-verified investors by issuing tokenized stocks, with investors paying in stablecoins and instant settlement.The service will operate on Ethereum and Solana, with the first issuances expected to launch in 2026. The program does not require underwriters and complies with the SEC regulatory framework, aiming to drive on-chain capital markets.

According to The Block, the Bitfinex-backed Layer 1 blockchain Stable has announced the official launch of its mainnet StableChain, along with the release of its native governance token STABLE and the independent operating entity Stable Foundation. The network uses USDT issued by Tether as the gas fuel token, and all on-chain transactions are settled in USDT.The total supply of STABLE tokens is fixed at 100 billion, with the distribution plan as follows:10% for genesis distribution40% for developer funding and ecosystem collaboration25% for the team25% for early investorsThe team and investor shares are subject to a one-year lock-up period, followed by a four-year linear unlock. The tokens are primarily used for network governance and security maintenance under the Delegated Proof of Stake (DPoS) consensus mechanism, and do not involve payment functions.According to the project team, the pre-deposit activity before the mainnet launch attracted over 24,000 wallets in two phases, with deposited funds exceeding $2.8 billion. The Stable Foundation will lead the allocation of the ecosystem fund, community programs, and protocol governance, and has already partnered with Anchorage Digital, PayPal, and Standard Chartered's Libeara.

According to Trends News monitoring, Trump posted on Truth Social the day before, fiercely criticizing the judicial predicament faced by NCAA: a ruling by a judge with no knowledge or experience led to NCAA and sports leagues conceding, and Trump stated this would bring "$BIG trouble." As the "$" symbol typically represents tradable asset codes on social platforms, the community speculated that Trump might launch a meme coin.Based on dynamics across various platforms, the token that garnered the most consensus following Trump's post was BIG, created on the Solana network through the Bonk platform, approximately 10 seconds after his post. As of the time of writing, this token has a total of 5,148 holders, with a peak market cap reaching $5.3 million, which has now retraced to $360,000.ChainCatcher reminds users that meme coins often lack practical use cases and exhibit significant price volatility, so investment should be approached with caution.

According to News1, during the process of advancing the second phase of legislation on digital assets (virtual assets) in South Korea, the "Basic Law on Digital Assets," the issuance of stablecoins will be limited to "consortia with 51% bank ownership," which has become the leading direction.The currently discussed proposal is to grant the right to issue stablecoins to consortia with 51% bank ownership. The digital asset special task force (TF) within the Democratic Party has also basically confirmed the adoption of this proposal. Previously, regarding the issue of stablecoin issuance entities, the Bank of Korea argued that it should be led by banks and limited to the banking system; while some members of the National Assembly believed it should be open to fintech companies and blockchain enterprises. The government version of the bill is required to be submitted by the 10th of this month at the latest, with the goal of starting discussions within the year and completing legislation by January next year.

According to Cointelegraph, Faisal Mazhar, the Deputy Director of the Payment Department of the State Bank of Pakistan, stated that a prototype of the Central Bank Digital Currency (CBDC) is being developed with the assistance of the World Bank and the International Monetary Fund (IMF), and a pilot phase is planned before full-scale rollout.Additionally, Zafar Masud, the Chairman of the Pakistan Banks Association (PBA), revealed that the country is seriously considering the issuance of a Pakistan Rupee-backed stablecoin and will push for improvements in digital asset regulation, as delays in digital asset regulation could result in a loss of up to $25 billion in economic development opportunities.