The National Investigation Headquarters of the National Police Agency of South Korea said today that it would not consider setting up a joint investigation headquarters with the prosecution to investigate the emergency martial law incident. The police believe that according to relevant laws, "only the police can investigate the crime of civil strife." On the morning of the 8th, the National Investigation Headquarters of the National Police Agency of South Korea seized and searched the residence and office of former Defense Minister Kim Yong-hyun, the core figure of the emergency martial law incident. After the South Korean government adjusted the investigation power of the prosecution and police in 2021, the agency that first applied for and obtained the seizure and search warrant took the initiative in the investigation. However, former Defense Minister Kim Yong-hyun has been urgently detained by the prosecution and his mobile phone has been confiscated. This means that without the assistance of the prosecution, it will be difficult for the South Korean police to advance the investigation of Kim Yong-hyun. At present, the South Korean prosecution is investigating Kim Yong-hyun and Yoon Seok-yeol on suspicion of "abuse of power." (Jin Shi)

According to Odaily, blockchain data reveals that Tether has minted a total of 20 billion USDT since November 6. This significant increase in the issuance of the stablecoin highlights Tether's ongoing role in the cryptocurrency market. The minting of such a large volume of USDT could have various implications for the market, including potential impacts on liquidity and trading activities. The issuance of USDT is often closely monitored by market participants, as it is widely used for trading and as a stable store of value in the volatile cryptocurrency environment. The recent minting activity may reflect increased demand for stablecoins, possibly driven by market conditions or strategic decisions by Tether. As the cryptocurrency market continues to evolve, the role of stablecoins like USDT remains a critical component in facilitating transactions and providing stability amid price fluctuations.

On-chain data shows that Tether has minted 20 billion USDT since November 6. (Cointelegraph)

DeFilama data shows that as of December 8, the supply of USDe exceeded 5.2 billion and is currently 5.267 billion, setting a new record high and increasing by 83.73% in the past month.

According to BlockBeats, on December 8, the cryptocurrency market research firm Santiment shared insights on social media, highlighting subtle breakthroughs among several meme coins over the weekend. Tokens such as Dogecoin, Pepe, Dogwifhat, and Bonk have shown increased activity, with whale wallets potentially driving up market capitalization over an extended period. This trend is expected to continue until retail investors, driven by fear of missing out (FOMO), re-enter the market. The analysis suggests that once the general public becomes aware and starts investing heavily, these large holders, or 'whales,' may begin to sell off their holdings. This pattern often leads to a subsequent price correction shortly after the initial surge. The behavior of these whale wallets plays a significant role in the price dynamics of meme coins, as their large transactions can significantly impact market trends. The current situation indicates a strategic movement by these whales, capitalizing on the market's volatility and the psychological tendencies of smaller investors. As the market observes these developments, the potential for price fluctuations remains high. Investors are advised to stay informed and cautious, considering the historical patterns of whale activity and its effects on meme coin valuations. The ongoing situation underscores the importance of understanding market dynamics and the influence of major stakeholders in the cryptocurrency space.

On December 5, 2024, the People's Court Daily published an article entitled "Criminal Characterization of Illegal Theft of Virtual Currency". The case described in the article is not particularly complicated. It means that A stole B's virtual currency USDT and sold it for profit.

Institutional-grade cryptocurrency exchange EDX Markets has promoted its chief technology officer (CTO) Tony Acuña-Rohter to CEO. Founding CEO Jamil Nazarali becomes executive chairman. Acuña-Rohter previously spent a decade at CME Group before becoming CTO of digital asset futures platform ErisX, which was later acquired by CME. As such, he plays a key role in the upcoming launch of the perpetual futures platform in Asia. Meanwhile, Nazarali was in charge of business development at Citadel Securities before becoming CEO of EDX Markets. In May, the company launched EDXM Global in Singapore to handle non-US business, starting with the settlement platform. In the first quarter of 2025, the company plans to launch crypto perpetual futures trading, initially supporting BTC and ETH, and adding SOL and XRP in the following months. The perpetual futures trading venue will be based in the Equinix TY3 data center in Tokyo. Like onshore exchanges, EDXM Global will benefit from central clearing houses and net settlement. EDXM Global is led by Kai Kono from Zodia Custody. Two weeks ago, EDX Markets announced cumulative notional volume of $36 billion in 2024, with a 59% increase in average daily volume in Q3. EDX founding investors include Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial.

Recently, the People's Court Daily published an article entitled "Criminal Characterization of Illegal Theft of Virtual Currency", pointing out that stealing virtual currency constitutes the crime of theft.

도지코인(DOGE) 가격은 최근 30일 동안 128% 상승하며 큰 성장을 보였습니다. 이는 2013년 빌리 마커스와 잭슨 파머가 출시한 이후 11주년을 기념하는 중요한 이정표입니다. 시장에서 가장 큰 밈코인으로, 시가총액이 650억 달러에 가까워지면서 DOGE는 여전히 강한 관심을 받고 있습니다. 하지만 DOGE 이치모쿠 클라우드 차트는 혼합 신호를 보여주고 있습니다. 가격이 클라우드 위에 있어 긍정적인 시장 심리를 나타내지만, 가격과 클라우드 간의 거리가 좁아지면서 변동성이 있을 수 있음을 시사합니다. 이는 향후 가격 움직임에 따라 계속 상승할 수도 있고 반전될 수도 있습니다. DOGE 이치모쿠 클라우드 혼합 신호 DOGE 이치모쿠 클라우드 차트는 가격이 클라우드 위에 위치하여 전반적인 상승... source: https://kr.beincrypto.com/base-news/86323/

Jeff Park, head of strategy at Bitwise Alpha, said in a post on X: “Why so many countries offer 0% capital gains tax on cryptocurrencies is because they know this is a once-in-a-lifetime opportunity to become the next Switzerland, Singapore, and Cayman. The prize is unlimited capital.”

According to Coinglass data, the current Coinbase Pro Bitcoin wallet balance is 764,021.71, ranking first among CEXs; 178.63 outflows in the past 24 hours, 19032.59 outflows in the past 7 days, and 58185.75 outflows in the past 30 days. The Bitcoin wallet balance of Binance is 580,184.88, with an inflow of 3730.20 in the past 24 hours, an inflow of 934.08 in the past 7 days, and an outflow of 24240.06 in the past 30 days. The Bitcoin wallet balance of Bitfinex is 392,938.37, with an inflow of 2085.30 in the past 24 hours, an inflow of 15319.46 in the past 7 days, and an inflow of 5615.81 in the past 30 days.

According to the monitoring of on-chain analyst @ai_9684xtpa, BABYDOGE surged 60 points yesterday due to Elon Musk's post. However, CMC shows that BABYDOGE is still in the "not fully circulated" state, with a circulation ratio of 79.33%; 10 hours ago, the lock contract UNCX Network unlocked tokens worth $2.42 million to the multi-signature address 0xB2E...9a0F3, and all of them have been recharged to Binance. Since November, a total of $12.02 million of BABYDOGE has been unlocked, and all of them have flowed to the exchange after unlocking; currently, there are still 9.55% of the total tokens in the contract to be unlocked. Earlier news, Elon Musk posted a portrait photo with his son on the X platform, with the words "The Dogeson" and "The Dogefather" on the photo, and the text: Doge Minidoge.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

Thirty blockchain startups received a total of $238.3 million in funding this week, with Public.com receiving the largest round of funding at $135 million.

Golden Finance launches the 2532nd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

The surge in XRP and ADA over the past two weeks has taught me a lesson in humility.

With Bitcoin up 45% in the last month, I’ve seen a lot of talk about whether this is a “local top” or a “full steam ahead” all the way to the end of the year.

Early on December 6, Beijing time, US President-elect Trump announced that he would appoint David O. Sacks as the White House Director of Artificial Intelligence and Cryptocurrency.

Chainalysis, invested by the US FBI, recently released a report.

Since the U.S. election, the price of Bitcoin has risen by nearly 50%, breaking the $100,000 price mark this week. Driving the asset’s rapid rise are rumors that the U.S. is building a strategic Bitcoin reserve.