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Important information last night and this morning (December 28th - December 29th)

Trust Wallet: 2,596 Wallet Addresses Confirmed Affected, Updates Expected Within the Next Day Trust Wallet CEO Eowync.eth posted an update on the browser extension v2.68 security incident on the X platform, stating that the team has confirmed 2,596 affected wallet addresses and has received approximately 5,000 compensation claims, including numerous duplicate or invalid submissions attempting to fraudulently claim victim compensation. Accurately verifying wallet ownership is currently the core focus of the work. The team is using multiple data cross-validation methods to distinguish between genuine victims and malicious submitters. Related verification work is proceeding simultaneously with the forensic investigation. Some cases have reached relatively clear conclusions, but the overall process is still ongoing. The team will prioritize accuracy over speed, ensuring the safe return of funds to the correct users, and will release further progress information as soon as possible, with an update expected within the next day. Lu Lei: The Future Digital Yuan Will Possess Commercial Bank Liabilities, with Functions as a Metric of Value, Store of Value, and Cross-Border Payment According to the China Financial Times, Lu Lei, Vice Governor of the People's Bank of China, stated in an article that the future digital yuan will be a modern digital payment and circulation means issued and circulated within the financial system, with technical support and supervision provided by the central bank. It will possess the attributes of a commercial bank liability, be account-based, and compatible with distributed ledger technology. It will have the functions of a metric of value, store of value, and cross-border payment. Looking ahead, the business and technological model selection for the digital yuan will adhere to the fundamental principle of meeting the needs of the real economy. A principle of inclusiveness and prudent selection will be adopted for the development of account-based and value-based digital currencies, promoting the digital yuan to meet the needs of different scenarios and different business entities. Previously, it was reported that the central bank would issue an "Action Plan on Further Strengthening the Management and Service System and Related Financial Infrastructure Construction of the Digital Yuan." Flow: Coordinating with Key Infrastructure Partners to Determine Final Restart Plan Regarding deBridge co-founder Alex Smirno's disclosure that the Flow team's decision to roll back the blockchain without communicating with major bridging partners posed a significant risk, Flow stated on the X platform that it is currently coordinating with key infrastructure partners to determine a final restart plan. The remediation plan has been distributed to ecosystem partners (including bridging operators, exchanges, and validators) and is currently under evaluation. Coordination is expected to be completed within the next 2-3 hours. Flow reiterated that user funds are safe and unaffected. Solana DEX Spot Trading Volume Exceeds $1.7 Trillion Year-to-Date, Surpassing Bybit to Become Second According to Artemis data, Solana DEX spot trading volume has surged to over $1.7 trillion year-to-date, surpassing Bybit to become second only to Binance. PBOC to Issue "Action Plan on Further Strengthening the Management and Service System and Related Financial Infrastructure Construction of Digital RMB" According to the China Financial Times, Lu Lei, Vice Governor of the People's Bank of China, stated that the PBOC will issue "Action Plan on Further Strengthening the Management and Service System and Related Financial Infrastructure Construction of Digital RMB".
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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07-08 20:33

Report: TradeFi contract trading volume accounted for 11% of total contract trading volume in the first five months of 2026.

According to a recent stablecoin industry report released by Binance Research on July 8th, in the first five months of 2026, TradeFi-related perpetual contracts accounted for approximately 11% of the total perpetual contract trading volume, with a cumulative trading value exceeding $1.1 trillion. Binance's trading value exceeded $500 billion, representing a market share of approximately 47%.

07-08 20:31

The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.

According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.

07-08 20:22

Gate responded to online rumors of user asset theft: An urgent investigation is underway, and preliminary assessments indicate it is an isolated incident.

According to Foresight News , Gate responded to online reports of user assets being stolen, stating that the incident shows the customer made a withdrawal between 3:00 PM and 4:00 PM on July 7th, and reported the loss to online customer service at 5:00 PM on July 8th. Gate has initiated an investigation, and the incident is currently under urgent investigation. Preliminary assessments indicate it is an isolated case, there are no system security vulnerabilities, and the website is operating normally. Preliminary investigations suggest this incident may be related to a leak of user information; the specific details are under investigation. Gate will disclose further details as soon as the investigation concludes.

07-08 20:19

Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.

According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.

07-08 20:17

Guangdong: By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced.

According to Mars Finance, 11 departments, including the Guangdong Provincial Government Service and Data Management Bureau, recently issued the "Guangdong Provincial Action Plan for Promoting the Digital Transformation of Cities and Building Smart Cities." The plan emphasizes using cities as comprehensive carriers for the construction of Digital Guangdong, promoting infrastructure connectivity, data integration, platform interoperability, business integration, and a smooth ecosystem. It also aims to actively explore future-oriented smart city management models and achieve high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area smart city cluster. By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced, the level of efficient digital governance will be greatly improved, digital public services will be more efficient and convenient, the momentum of digital economic development will be fully released, and the digital ecosystem will be comprehensively and collaboratively guaranteed. A number of effective and replicable typical application scenarios for digital transformation will be implemented, with Guangzhou, Shenzhen, Foshan, and Dongguan taking the lead in building efficient smart governance systems and implementing a number of advanced, usable, and independently controllable large-scale urban models. By 2030, no fewer than 10 cities will have achieved full-area digital transformation, achieving an overall leap in the digital transformation of cities throughout the province, forming a number of new smart city benchmarks and digital China city models with regional competitiveness and national influence. (Cailian Press)

07-08 20:10

Morgan Stanley reiterated its "overweight" rating on RKLB and raised its bullish price target to $293.

Odaily Odaily that Morgan Stanley reiterated its "Overweight" rating on Rocket Lab (RKLB) and maintained its target price of $105, but raised its most bullish target price from $185 to $293. Morgan Stanley analysts believe that the acquisition of Iridium will expand Rocket Lab's potential market space and reposition the company as a vertically integrated space platform. While SpaceX has significant scale and cost advantages over Rocket Lab, the latter is moving closer to the former's model.