This article uses the chaebol economy as a starting point to analyze South Korea's path to modernization and to reflect on the East Asian paradigm behind it.

According to PANews, Tether CEO Paolo Ardoino recently shared a brief message on social media, "135B," which is believed to indicate that Tether's current circulating market capitalization has reached $135 billion. This aligns closely with data from CoinMarketCap, which reports Tether's market cap at $135.1 billion. Tether, known for its stablecoin USDT, has seen significant growth in its market capitalization, reflecting its widespread use and acceptance in the cryptocurrency market. The stablecoin is pegged to the US dollar, providing a stable alternative for traders and investors in the volatile crypto market. The increase in Tether's market cap underscores its role as a key player in the digital currency ecosystem, offering liquidity and stability. The growth in Tether's market cap is indicative of the broader trends in the cryptocurrency market, where stablecoins have become essential tools for trading and hedging against market volatility. As the market continues to evolve, Tether's position as a leading stablecoin is likely to remain significant, influencing the dynamics of digital asset trading and investment.

According to PANews, Roger Ver, known as 'Bitcoin Jesus,' has filed a motion through his legal team to dismiss tax evasion charges. The charges allege that Ver failed to pay taxes on Bitcoin earnings in 2017 and undervalued his assets when renouncing his citizenship in 2014. Ver's legal representatives argue that he adhered to the limited tax guidelines available at the time and engaged legal and assessment services to ensure compliance. They claim the charges are politically motivated. With the Trump administration's commitment to ending the crackdown on the cryptocurrency industry, there is potential for the case to be dismissed.

Saga issued a reminder on X: "The SG-1 (@sg1_online) account key has been leaked, but no funds have been affected and the network is still safe. The new SG-1 validator node is now online, and the foundation has unstaked 16 million Saga tokens from the old SG-1. If the user has previously delegated to the old SG-1, please re-delegate."

According to on-chain analyst @ai_9684xtpa, the Animoca Brands-associated address has recharged $4.17 million worth of PIXEL and SAND to Binance in the past half hour. Pixels and The Sandbox are both projects led by Animoca Brands. The address also received 50 million tokens transferred from the multi-signature contract address before PIXEL went online.

Deribit data shows that BTC options with a nominal value of approximately US$2.04 billion and ETH options contracts with a nominal value of US$482 million will expire and be delivered on Friday (December 6); the maximum pain point price of BTC is US$95,000, and the maximum pain point price of ETH is US$3,400.

On December 4, local time, nine media groups including the Korean Journalists Association urged President Yoon Seok-yeol to "step down immediately and be detained for investigation." These media groups held an emergency press conference in front of the Korean News Center that day, and said that Yoon Seok-yeol's previous emergency martial law order was a serious crime of using the military to interrupt the democratic constitutional order and trample on the basic rights and freedom of speech of the people. This move violated the constitution and undermined the constitutional order, and should be dealt with as a crime of civil strife. The media groups pointed out that "although the president used the opposition party's budget cuts and the impeachment of the State Council as an excuse to declare martial law, none of them is a reason for declaring martial law stipulated in the constitution, which is very clear." They also demanded that Defense Minister Kim Yong-hyun and other people involved in the emergency martial law should also be detained for investigation. (Kim Ten)

In February, early Bitcoin investor Roger Ver, also known as "Bitcoin Jesus," urged a U.S. judge to dismiss prosecutors' charges of tax evasion for selling millions of dollars of Bitcoin, calling the case unconstitutional. On December 3, Ver filed a document in a California federal court, saying that the IRS's exit tax on those who choose to renounce their U.S. citizenship and have assets exceeding $2 million is unconstitutional and "vague." "The controversial 'exit tax' violates the apportionment clause and due process clause of the Constitution... The charges also rely on provisions of the U.S. tax law that are vague at all relevant times and cannot be applied to the digital assets that constitute the charges," Ver argued. It is reported that the IRS's exit tax is intended to ensure that U.S. citizens pay all necessary taxes before they renounce their citizenship and exit the country's tax system. (Cointelegraph) Earlier in May, Roger Ver was accused by the Department of Justice of mail fraud, tax evasion and filing false tax returns, and was arrested in Spain on U.S. criminal charges. The United States will seek to extradite Roger Ver to the United States for trial. Roger Ver renounced his U.S. citizenship on February 4, 2014. After moving abroad, U.S. law required Roger Ver to file a tax return to report the capital gains from the sale of his assets worldwide (including Bitcoin), and he was required to pay taxes on these capital gains. The Department of Justice believes that Roger Ver has caused the IRS a total loss of at least $48 million.

ドージコイン（DOGE）価格分析 ドージコイン（DOGE）は昨日上昇に挑戦したものの失敗し、日足短期HMA付近をレジスタンスラインとして短期的な下落の動きを見せた。 現在は0.39262ドル付近で反発後、現在価格まで若干 […] source: https://jinacoin.ne.jp/doge-shib-pepe-chart-analysis-20241204/

On December 4, according to SoSoValue data, all crypto market sectors rose except PayFi, which fell back by 3.14%. NFT and CeFi sectors rose by 15.60% and 15.23% in 24 hours respectively. It is worth noting that in the NFT sector, APENFT (NFT) rose by 38.94%, SuperVerse (SUPER) rose by 21.62%, Apecoin (APE) rose by 18.85%, and Blur (BLUR) rose by 6.84%. In the CeFi sector, CEX-related tokens rose significantly, Huobi (HT) rose by 35.35%, Binance Coin (BNB) rose by 16.46%, OKB (OKB) rose by 13.54%, and Gate (GT) rose by 9.27%. Other sectors with outstanding performance include: Layer 1 sector rose 9.86%, Tron (TRX) within the sector rose 71.5%, Hyperliquid (HYPE) rose 40.7%. DePIN sector rose 7.77%, RWA sector rose 7.72%, DeFi sector rose 7.09%, and Layer 2 sector rose 6.75%. In addition, the PayFi sector, which had risen strongly in the past two days, ushered in a correction, with a 24h drop of 3.14%, and XRP (XRP) within the sector fell 7.58%.

Today, South Korea's largest opposition party, the Democratic Party, said it would accuse President Yoon Seok-yeol, the Minister of Defense, and the Minister of Public Administration and Security of sedition and promote impeachment. The Democratic Party said it is promoting the impeachment of President Yoon Seok-yeol and is expected to complete the drafting of the impeachment documents today. (Kim 10)

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South Korean President Yoon Seok-yeol lifted martial law six hours after tensions mounted in the country's National Assembly.

South Korean President Yoon Seok-yeol suddenly declared a state of martial law across the country and emphasized in a televised speech that the move was aimed at "protecting a free South Korea, resisting the threat of North Korean communist forces, and eliminating anti-national forces from the North (pro-North Korea)."

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