The Brazilian central bank is considering imposing taxes on stablecoin remittances or issuing special licenses for trading platforms

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[USDC Treasury Destroys Over 50.24 Million USDC] On-chain data shows that USDC Treasury has just completed a destruction operation involving approximately 50.24 million USDC, with a total value of about $50.23 million. This destruction was monitored by Whale Alert, marking a further adjustment in USDC supply.

[Singapore Police Seize S$150 Million in Assets from Chen Zhichao] Singapore police have announced enforcement actions against Chen Zhi, the head of the 'Prince Group,' and his associates, seizing assets worth over S$150 million (approximately RMB 800 million), including six properties, bank accounts, securities accounts, and cash. The police have issued prohibition disposal orders and confirmed that Chen Zhi and his associates are currently not in Singapore. The investigation is ongoing.

[SlowMist Founder Yu Xian: Hackers Have Stolen Assets from at Least 7 Users] SlowMist founder Yu Xian stated that a user had 112 BNB stolen today while using the imToken wallet to participate in Binance's Per-TGE. Investigations revealed that the hacker address starting with 0x8aeb has stolen assets from at least 7 users. In most cases, the hackers quickly transfer assets after users deposit larger amounts. The SlowMist team speculates that the hackers may have obtained a batch of mnemonic phrases or private keys and are gradually executing theft operations.

[Ryan Xu Prohibited from Leaving Australia Before December 20] The Federal Court of Australia has prohibited Ryan Xu, director of Blockchain Global (founder of HCash, nicknamed 'Mars Man' Xu Zijing), from leaving Australia before December 20. The Australian Securities and Investments Commission (ASIC) is investigating Ryan Xu's connection with the cryptocurrency platform ACX Exchange operated by Blockchain Global. ACX Exchange collapsed in December 2019, facing issues with fund or cryptocurrency withdrawals. ASIC launched the investigation in January 2024, and the liquidator's report shows that as of October 2, 2023, Blockchain Global owes approximately AUD 58 million (USD 37.3 million) to unsecured creditors. Ryan Xu is the third person under ASIC's investigation; the previous two directors, Allan Guo and Samuel Xue Lee, were also restricted from leaving the country.