Rabu, 04 Desember 2024

📉 BTC reacts to S. Korea’s martial law, Cardano price gains 88%, & other news


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Your Daily Digest of the 🔥Hottest News in Crypto

Today's top stories:

📉 BTC/KRW react to S. Korea's martial law

👉 Cardano price gains 88%

🎧 Is the US government blowing their Bitcoin strategy?

📰 Keep reading to find out more about all of today's top stories

BTC/KRW pair dipped 30% as South Korea's president declared martial law

In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea's parliament.

South Korean President Yoon Suk Yeol declared martial law in a live television announcement, likely contributing to the price of Bitcoin against the won dropping roughly 30% on the local exchange Upbit.

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Kalshi gives Paul Atkins 93% odds to be Trump's SEC Chair pick despite mixed reports

At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair.

News outlets have offered different reports as to whether Paul Atkins, a former member of the United States Securities and Exchange Commission (SEC) under President George W. Bush, could be Donald Trump's pick to lead the regulator starting in 2025.

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How this smart contract platform can potentially deliver unlimited scalability

Next-generation directed acyclic graph technology enables virtually unlimited scalability and portability for DApps with minimal requirements.

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Cardano price gains 88% — Is the ADA rally just getting started?

Cardano's record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue.

Cardano surged by 88.8% between Nov. 18 and Dec. 3, reaching its highest price in nearly three years at $1.33. This rally mirrored broader gains in the altcoin market, which reached a peak of $1.52 trillion on Dec. 3, up from $1.16 trillion on Nov. 18.

[Cointelegraph Acceleration]

Enhancing DeFi security through curators — Interview with Hats Finance

Ofir Perez from DeSec platform Hats Finance explains how the platform empowers community leaders to drive security and growth within the DeFi ecosystem.

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'I don't believe in chasing narratives': Gabby Dizon, X Hall of Flame

"Tinkering" with Ethereum and smart contracts back in 2017 kicked off YGG co-founder and CEO Gabby Dizon's journey as an early innovator in the blockchain gaming world.