According to PANews, South Korean Prime Minister Han Duck-soo held a press conference on December 4, expressing a deep sense of responsibility for the recent events that have unfolded. During the conference, he emphasized his commitment to serving the citizens alongside the State Council members until the very end. Han urged the cabinet members to continue fulfilling their duties diligently. The Prime Minister's remarks come at a time when the nation is facing various challenges, and his statement reflects the government's dedication to addressing these issues. Han's call for continued diligence among cabinet members underscores the administration's focus on maintaining stability and ensuring effective governance. The Prime Minister's message aims to reassure the public of the government's unwavering commitment to their welfare and the nation's progress.

According to Odaily, Canadian publicly traded company Bitcoin Well Inc. has made a strategic decision to adopt Bitcoin as a reserve asset. This move aligns with the company's broader financial strategy and reflects a growing trend among corporations to incorporate digital currencies into their asset portfolios.Bitcoin Well Inc. is also in the process of raising $2 million to facilitate the purchase of additional Bitcoin. This fundraising effort underscores the company's commitment to expanding its holdings in the cryptocurrency market. The decision to increase Bitcoin reserves is indicative of the firm's confidence in the long-term value and stability of Bitcoin as a financial asset.

Canadian public company Bitcoin Well Inc. adopts Bitcoin as a reserve asset and is raising $2 million to buy more BTC. (Bitcoin Magazine)

Virgin Voyages has announced that it will launch its new “Annual Pass” program starting in 2025, while purportedly becoming the “first cruise product to accept cryptocurrency.” According to a recent blog post, the company will accept Bitcoin as a form of payment for the new service, with a standard upfront fee of $120,000 per cruise, plus taxes. There is no indication as to when or if Virgin Voyages will consider expanding its cryptocurrency payment options. The Annual Pass offers unlimited cruises over a year on a first-come, first-served basis. The company said the product was conceived after the success of its “Season Pass” program and is primarily targeted at remote workers. (Cointelegraph)

According to Foresight News, SlowMist has published comprehensive data regarding the recent theft involving Dexx. Victims of the incident can now verify if their addresses were compromised by consulting the provided spreadsheet. This document allows users to check whether their addresses have been flagged as involved in the theft. The spreadsheet serves as a crucial tool for affected users, enabling them to determine if their addresses are mistakenly identified as 'hacker' addresses. This is particularly important for users who may have transferred their balances independently and need to ensure their addresses are not wrongly categorized. SlowMist's initiative aims to provide clarity and assistance to those impacted by the security breach, offering a transparent method for verification and rectification. By making this data accessible, SlowMist underscores its commitment to supporting victims and maintaining transparency in the aftermath of the Dexx theft. Users are encouraged to review the spreadsheet carefully to confirm the status of their addresses and take necessary actions if discrepancies are found. This proactive approach is intended to mitigate further confusion and assist in the recovery process for those affected by the incident.

According to Odaily, European Central Bank (ECB) Governing Council member Robert Holzmann has indicated that a 25 basis point interest rate cut in December is conceivable. However, he emphasized that any reduction would not exceed this margin. The decision on future interest rate adjustments has not yet been made and will depend on the data available at the December meeting. Holzmann's comments come amid concerns about inflationary pressures in Europe, which have been exacerbated by external factors. Former U.S. President Donald Trump's actions are reportedly casting a shadow over European inflation, potentially influencing inflation expectations. The ECB is closely monitoring these developments as it considers its monetary policy strategy moving forward. The outcome of the December meeting will be crucial in determining the ECB's approach to managing inflation and supporting economic stability in the region.

People familiar with the matter revealed that Foundry, the world's largest Bitcoin mining pool, laid off 27% of its employees during a planned restructuring, involving 16% of Foundry's employees in the United States and some teams in India. According to a shareholder letter in November, Foundry's parent company DCG revealed plans to spin off Foundry's self-mining business into an independent entity that will still be controlled by DCG. Foundry said in a statement: "We recently made a strategic decision to focus Foundry on our core business - operating the world's number one Bitcoin mining pool and growing our site operations business - while we support the development of DCG's newest subsidiaries, including the spin-off of Foundry's self-mining business." The team also said: "As part of this restructuring, we made the difficult decision to reduce the number of Foundry employees, resulting in layoffs in multiple teams." (Cointelegraph)

According to the official announcement, Gate.io has launched XYO and AIXBT perpetual contract real-time trading (USDT settlement) on December 4, 2024, supporting 1-50 times leverage. CoinGecko data shows that Gate.io has cumulatively supported more than 500 perpetual contract currencies and more than 19 million users worldwide.

XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level. XRP price is struggling to gain pace for a move above the $2.80 resistance zone. The price is now trading above $2.30 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.25 on the hourly... source: https://www.newsbtc.com/analysis/xrp/xrp-price-swings-1-50/

Jupiter announced that the second Jupuary vote is now open. After the previous vote, the team carefully reviewed all the validated feedback and input from various sources, and then updated the proposal to include some key changes. The team will be active on X, Discord, and other forums over the next few days to address any issues, discuss the rationale for these changes, and why they think this is the best way forward and lay the foundation for the Jupiverse in the years and decades to come.

Hydra market founder Stanislav Moiseev and 15 of his associates were sentenced to between 8 and 23 years in prison for their involvement in a darknet market and cryptocurrency mixer.

Grayscale has taken another major step toward expanding its influence in the digital asset market.

A spokesman for the White House National Security Council said in a statement that the South Korean president issued an emergency martial law order "without prior notice" to the Biden administration, and the White House did not receive any notification.

President-elect Trump has approached pro-crypto advocate Paul Atkins to lead the SEC, but insiders say the challenge of reforming Gensler's contentious agency may dissuade him.

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.

Meme coin has almost occupied the top position in this round of bull market. Why? Because it has several unique characteristics.

My preference for productive assets with development arcs remains the same, but my appreciation for the broader potential of memecoin is much broader.

Virgin Voyages is making history as the first cruise line to accept Bitcoin, expanding on its innovative seasonal passes for unlimited voyages. Will this bold move chart success or face rough seas?

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)."