🇺🇸 Large banks are exploring the idea of working together on a new crypto stablecoin, according to a report from the Wall Street Journal. Among the banks involved in these discussions are major names like JPMorgan, Bank of America, Citigroup, and Wells Fargo. 👀
The DEX Cetus on the SUI blockchain was hacked, resulting in $11 million in SUI tokens being drained from the SUI/USDC pool. Most token prices fell over 75%, nearly depleting the liquidity pool 👀