Over the past week, USDC circulation has increased by approximately $2.6 billion, bringing the total circulation to $55.7 billion

[Pakistan Signs Memorandum of Understanding with Binance to Tokenize Up to $2 Billion in Assets] The Ministry of Finance of Pakistan stated that Pakistan has signed a Memorandum of Understanding with Binance to explore the tokenization of sovereign bonds, treasury bills, and commodity reserves to enhance liquidity and attract investors. The Ministry of Finance noted that the plan could involve assets worth up to $2 billion but would require approval.

[Aevo: Ribbon DOV Legacy Vault Attacked, Losses Approximately $2.7 Million] Aevo officially stated that due to a smart contract update vulnerability, the Ribbon DOV legacy vault was attacked on December 12, resulting in a loss of approximately $2.7 million. The Aevo platform was not affected. The Ribbon vault has been shut down and will be decommissioned, with losses accounting for about 32% of total assets. Users will need to wait for the contract upgrade to be launched next week to withdraw funds. The claims window will be open from December 12, 2023, to June 12, 2026. Afterward, the DAO will liquidate remaining assets and distribute them to users who have withdrawn funds, with compensation capped at up to 19% of the missing funds or the remaining available amount.

Giant Whale 0x9F61 has once again exchanged 502.8 BTC for 14500 ETH in the past 20 hours, valued at 45.24 million US dollars. The whale has cumulatively converted 1969 BTC (now worth $177.9 million) into 581.49 ETH (now worth $181.4 million). （Lookonchain）

[A certain whale sold 7,621 ETH in the past 3 days, cashing out approximately 23.85 million USDT] Over the past 3 days, a certain whale sold 7,621 ETH at an average price of $3,129, exchanging for approximately 23.85 million USDT.

[HyperFund Promoter Rodney Burton Charged with 11 Counts, Facing Up to 20 Years in Prison] The U.S. Attorney's Office for the District of Maryland has announced a superseding indictment against cryptocurrency promoter Rodney Burton, known online as 'Bitcoin Rodney,' for allegedly promoting the $1.8 billion HyperFund crypto scheme. Burton faces 11 federal charges, including conspiracy to commit wire fraud, seven counts of money laundering, and operating an unlicensed money transmitting business. If convicted, he could face up to 20 years in federal prison. Burton promoted the scheme from June 2020 to May 2024, using the funds to purchase luxury homes and yachts. Co-defendant Brenda Chunga has pleaded guilty, while co-founder Sam Lee remains at large.