Rep. French Hill pledges to investigate debanking following crypto executives' complaints

[Upbit to Launch ZKP KRW, BTC, and USDT Trading Pairs] Upbit announced it will launch ZKP KRW, BTC, and USDT trading pairs.

[USX Stablecoin on Solana Chain Recovers to $0.94 After Depegging Due to Liquidity Exhaustion] PeckShield disclosed that the stablecoin USX on the Solana blockchain once dropped to $0.1 in the secondary market due to a sudden liquidity drop. Following an emergency capital injection by Solstice, it has now recovered to $0.94. The Solstice team stated that USX assets remain over 100% collateralized, and the net value has not been affected.

The total market value of stablecoins reached 310 billion US dollars, an increase of 70% compared to last year, setting a new historical high. （Cointelegraph）

[Polymarket Predicts an 88% Probability That the Fed Will Not Cut Rates in January Next Year] Polymarket prediction market data shows that the probability of the Federal Reserve not making a rate cut adjustment in January next year has risen to 88%, while the probability of a 25 basis point rate cut is 11%. The current market trading volume is approximately $65.21 million.

[ZachXBT: User yuna pretends to be a Trust Wallet victim to gain attention] On-chain detective ZachXBT tweeted that user yuna pretended to be a girl and falsely claimed to be a victim of a Trust Wallet hack to lure interactions. The account has changed its username 44 times and launched dozens of rug-pull meme tokens. Previously, yuna tweeted that their Trust Wallet had been hacked, resulting in a loss of approximately $300,000 in assets.