OKX market data shows that BTC has broken through 96,000 USDT and is now trading at 96,187.3 USDT, with the 24-hour decline narrowing to 0.77%.

According to Odaily, South Korea is experiencing significant disruptions to several major online portals following the declaration of emergency martial law by President Yoon Suk-yeol. This unexpected move has led to widespread internet outages, affecting the accessibility of key websites across the nation. In light of these developments, the South Korean Stock Exchange is currently assessing whether normal trading operations can resume on Wednesday. A spokesperson from the exchange indicated that they are carefully evaluating the situation to determine the feasibility of reopening the market as planned. This comes after an earlier announcement that trading would proceed as usual, which has since been retracted. The declaration of martial law has raised concerns about the stability of digital infrastructure and the potential impact on financial markets. Authorities are working to address the technical issues and restore normalcy to online services. The situation remains fluid, and further updates are expected as the government and relevant agencies continue to monitor and respond to the challenges posed by the current state of emergency.

According to PANews, the South Korean Stock Exchange is currently assessing whether normal trading operations will resume on Wednesday. This evaluation comes after the exchange retracted an earlier statement indicating that trading would proceed as usual. The decision to reconsider the trading schedule highlights the exchange's cautious approach in ensuring the stability and reliability of its operations. The spokesperson for the exchange did not provide further details on the reasons behind the reevaluation or the factors being considered in the decision-making process. The uncertainty surrounding the trading schedule has drawn attention from market participants who are keenly observing the developments. The exchange's decision will likely impact investor sentiment and market dynamics, as stakeholders await clarity on the trading status. The outcome of this evaluation is anticipated to have significant implications for the financial markets in South Korea, influencing both domestic and international investors. As the situation unfolds, the exchange is expected to provide updates to keep the public informed about any changes to the trading schedule.

According to the on-chain analyst Ember, the ZKasino project just stopped profit early this morning and ended the leveraged long position in ETH. As a result, after the decline tonight, the ZKasino project restarted the leveraged long position in ETH 1 hour ago: borrowed 15 million DAI from Aave through 2 addresses to buy 4,185 ETH, with an average price of $3,584.

On Dec 03, 2024, 15:23 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 96,000 USDT benchmark and is now trading at 96,000 USDT, with a narrowed narrowed 0.99% decrease in 24 hours.

After South Korean President Yoon Seok-yeol announced an emergency martial law, some South Korean portals were paralyzed. A spokesman for the Korea Exchange said it was evaluating whether normal trading would resume on Wednesday. The exchange retracted its earlier news that trading would proceed as usual. (Jinshi)

Privacy-focused layer 1 blockchain Namada has officially launched its mainnet and enabled the network’s genesis block. This kicks off the first phase of its decentralized mainnet rollout, which involves staking and governance. The Anoma Foundation, the group of organizations developing the project, proposed the initial mainnet software and genesis balance. The foundation clarified that it does not run validators, so the Namada community retains full control. The launch includes a user airdrop. Eligible wallets will receive NAM tokens today, which they can immediately use for staking and governance. Token transferability will be activated in Phase 5, which is expected to be completed in a few months. The launch will be accompanied by the issuance of the native token, with a total supply of 1 billion NAM tokens. The Anoma Foundation proposed the initial genesis allocation, with no lock-up period, which will be distributed among community members, early contributors, and future development plans. The launch of the genesis mainnet will be divided into five phases, each driven by community decisions through on-chain governance. (TheBlock)

The post Stay Alert of Crypto Scammers in Holiday Season appeared first on Coinpedia Fintech News As the holiday season starts and people are busy shopping and enjoying themselves, scammers are getting busy as well. Experts warn the crypto community that December is a prime time for crypto attacks. With people distracted in festivals, crypto scammers have perfect setup to exploit their... source: https://coinpedia.org/news/stay-alert-of-crypto-scammers-in-holiday-season/

According to BlockBeats, the U.S. November employment report is set to be released this Friday, with economists from Bank of America advising investors to pay close attention to the growth rates over the past two months. This comes amid concerns about potential significant revisions to the October data. A survey conducted by The Wall Street Journal anticipates that the U.S. non-farm payrolls for November will show an increase of 214,000 jobs, a substantial rise from the 12,000 jobs added in October. Bank of America projects an even higher figure, expecting the number to surpass 240,000 due to the impacts of recent hurricanes and a strike at Boeing. Additionally, the labor force participation rate is expected to rebound, which could lead to a slight increase in the unemployment rate from 4.1% to 4.2%, aligning with The Wall Street Journal's forecast. Bank of America also noted that while there was an initial rise in unemployment claims due to the hurricanes, these numbers have since declined, indicating a swift economic recovery. This suggests that the labor market is resilient and capable of bouncing back quickly from temporary disruptions.

Namada, a privacy-focused Layer 1 blockchain developed using Cosmos SDK, has officially launched its mainnet. source: https://www.theblock.co/post/329218/privacy-focused-cosmos-layer-1-namada-initiates-genesis-mainnet-along-with-native-token?utm_source=rss&utm_medium=rss

The world’s largest cryptocurrency exchange has $21.6 billion in user funds deposited.

Recently, we have seen a lot of progress in Ethereum wallets to improve user experience, security, and functionality.

Currently, the theme of "Trump Deal" has been replaced by the theme of "Grand Bargain" between US President-elect Trump and China.

Some cryptocurrencies are already showing signs of early altcoin season, including Hedera’s HBAR, which is up 763% over the past month.

In short, this is a newly emerging track. We can look forward to its future, but we must also be aware of the many uncertainties it faces. How far this track can go, we will probably have to wait until next year to see the signs.

Recommended readings tonight: 1. The second wave of policy spring breeze: the "Trump-style revival" of the old public chain; 2. The Wall Street Journal: How the "2X MSTR ETF" affects MicroStrategy's stock price under the BTC craze; 3. Meme+ICO will make ICO great again.

Previously, base was famous for Meme coin and had many Pixiu disks. Now, base has become a source of innovation.

This article takes a deep dive into how sCrypt built a demo bridge contract on Bitcoin.

Donald Trump's administration plans to create a national Bitcoin reserve, boosting Bitcoin's role in the global economy. State-level and institutional support is growing, with 10 US states preparing their own Bitcoin reserve plans.

Recently, XRP rose to $2.84, with a market value of over $146 billion, becoming the world's third largest crypto asset. As XRP drives market sentiment, related concept projects such as AVAX, LINK, ONDO and HBAR recorded an average increase of over 30%.