ETH falls below $3,400

- Yala's YU stablecoin plunged 53% from $1 to $0.47 due to Euler platform liquidity crisis and suspected insider USDC-YU pool draining. - Silent governance response and September bridge hack ($7.64M loss) intensified doubts about risk management and rug pull risks. - Market cap dropped to $39.6M with 98.7% trading volume collapse, highlighting DeFi stablecoin fragility amid concentrated liquidity risks. - Yala plans December 15 recovery plan but faces Euler restrictions and partial fund recovery after Octo

- UBS partners with Ant International to enhance cross-border payments via blockchain, leveraging UBS Digital Cash and Ant's Whale platform for real-time multi-currency settlements. - The collaboration aims to improve efficiency, transparency, and security in treasury operations while exploring tokenized deposits aligned with industry blockchain trends. - UBS's strategic digital pivot reinforces its commitment to Switzerland despite regulatory challenges, positioning blockchain as a solution to traditional

Quick Take Summary is AI generated, newsroom reviewed. RealFi connects blockchain to real-world finance and targets the unbanked in Africa and beyond. Atala PRISM gives users digital identity and verifiable credit without banks. Cardano already tested RealFi tools in Kenya, Ethiopia, and Tanzania with 2% loan default rates. All microloan returns convert into ADA, creating constant buy demand for the token.References X Post Reference

- Vitalik Buterin's ZK advancements resolve Ethereum's scalability-privacy trilemma, enabling 43,000 TPS with near-zero fees via GKR protocol. - Kohaku framework introduces modular privacy tools like Railgun, making confidential transactions default for Ethereum wallets. - ZK rollups (zkSync, StarkNet) now hold $3.5B TVL, driven by institutional adoption for RWA tokenization and confidential settlements. - Regulatory clarity and Ethereum's zkEVM integration position ZK as core infrastructure, with 70% lowe