According to Odaily, South Korea's opposition party is preparing to hold a vote on an impeachment motion. The vote is scheduled for December 14 at 5 PM local time (UTC+8). This development comes amid heightened political tensions in the country, as the opposition seeks to challenge the current administration's policies and leadership. The decision to proceed with the impeachment vote reflects the opposition's growing dissatisfaction with the government's handling of various issues. The move is expected to intensify the political climate in South Korea, as both supporters and opponents of the impeachment prepare for the upcoming vote. The outcome of this vote could have significant implications for the country's political landscape, potentially leading to shifts in power dynamics and policy directions. As the date approaches, political analysts and citizens alike are closely monitoring the situation, anticipating the potential impact of the impeachment vote on South Korea's future governance. The opposition's actions underscore the ongoing debates and divisions within the country's political sphere, highlighting the challenges faced by the current administration in maintaining stability and addressing public concerns.

Solana liquidity staking protocol Marinade proposed a governance proposal to "solve the problem of malicious validators and democratize MEV on Solana" while inviting community feedback. Relevant initiatives include: 1. Establish a public committee to oversee delegation; 2. Reopen the public memory pool; 3. Fund Solana MEV research for transparency and data.

According to Odaily, on the morning of the 11th local time, South Korean ruling party lawmaker Kim Jae-seop announced via a televised broadcast that he would no longer adhere to the party's stance against impeaching President Yoon Suk-yeol. Kim stated his intention to vote in favor of the impeachment in the upcoming proceedings. This development marks a significant shift within the ruling People Power Party, as five lawmakers have now expressed their support for the impeachment. The South Korean National Assembly comprises 300 seats, and for the impeachment motion to pass, it requires the approval of at least two-thirds of the members, equating to a minimum of 200 votes. Currently, the opposition bloc, which includes the largest opposition party, the Democratic Party of Korea, holds 192 seats. The ruling party controls 108 seats. If all opposition members vote in favor of the impeachment, only eight additional votes from ruling party lawmakers are needed for the motion to pass through the National Assembly and proceed to the Constitutional Court of Korea for further deliberation. As it stands, three more ruling party lawmakers need to support the impeachment to meet the required threshold. This situation underscores the political tension and division within the ruling party and the broader political landscape in South Korea. The outcome of this impeachment process could have significant implications for the country's political future and governance.

According to Yonhap News Agency: South Korea's opposition party seeks to vote on the impeachment case at 5 pm on December 14th. (Jin Shi)

According to Spot On Chain monitoring, trader "0x572" spent 207 ETH (US$754,000) to buy 127.89 million CULT 6 hours ago. He currently has a profit of US$1.76 million on MOG (+244%) and PEPE (+187%). In addition, blurr.eth exchanged 80,000 EIGEN (US$360,000) for 58.28 million CULT in the past two days.

According to the official announcement, Binance has added Movement (MOVE) as a loanable asset in Binance Loans (Flexible Rate) and VIP Loans. Users can place new flexible rate loan orders through the Binance app for iOS v2.78.0 or Android v2.78.0 and above. (This newsletter is generated by AI)

Data shows the cryptocurrency market has registered large liquidations in the past day as altcoins like Dogecoin and XRP have crashed. Cryptocurrency Derivatives Market Has Just Seen Massive Long Liquidations According to data from CoinGlass, a mass amount of liquidations have piled up over on the derivatives side of the cryptocurrency sector during the last 24 hours. “Liquidation” here refers... source: https://www.newsbtc.com/xrp-news/crypto-billion-liquidations-xrp-dogecoin-crashes/

According to SoSoValue data, yesterday (December 10, Eastern Time), the total net inflow of Bitcoin spot ETFs was US$440 million. Yesterday, Grayscale ETF GBTC had a net outflow of US$62.8229 million in a single day, and the current historical net outflow of GBTC is US$20.911 billion. Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of US$6.4161 million in a single day, and the current total net inflow of Grayscale Bitcoin Mini Trust BTC is US$901 million. The Bitcoin spot ETF with the largest net inflow in a single day yesterday was BlackRock ETF IBIT, with a net inflow of US$296 million in a single day, and the current total net inflow of IBIT in history reached US$35.058 billion. The second is Fidelity ETF FBTC, with a single-day net inflow of US$210 million. Currently, FBTC's total historical net inflow has reached US$12.102 billion. As of press time, the total net asset value of Bitcoin spot ETF is US$107.763 billion, and the ETF net asset ratio (market value to Bitcoin's total market value) is 5.65%, and the historical cumulative net inflow has reached US$34.353 billion.

According to SoSoValue data, yesterday (December 10, EST), the total net inflow of Ethereum spot ETFs was $306 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $3.9917 million, and the current historical net outflow of ETHE is $3.499 billion. Grayscale Ethereum Mini Trust ETF ETH had a single-day net inflow of $25.8447 million, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is $517 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was Fidelity ETF FETH, with a single-day net inflow of $202 million, and the current historical total net inflow of FETH reached $1.352 billion. The second is BlackRock ETF ETHA, with a single-day net inflow of US$81.6574 million. Currently, ETHA's total net inflow has reached US$2.913 billion. As of press time, the total net asset value of Ethereum spot ETF is US$12.46 billion, and the ETF net asset ratio (market value to Ethereum's total market value) is 2.84%, and the historical cumulative net inflow has reached US$1.866 billion.

Since December 8, the crypto market has fallen for three consecutive days, with the overall market value falling from the peak of 3.7 trillion US dollars on December 8 to 3.45 trillion US dollars on December 10. In the continuous rising market, what factors have led to the decline in the past few days?

ブロックチェーン技術の健全な普及、発展に貢献するために設立された日本ブロックチェーン協会（JBA：Japan Blockchain Association）は今 ... The post 日本ブロックチェーン協会（JBA）、10周年記念動画を公開 first appeared on CoinDesk JAPAN（コインデスク・ジャパン）. source: https://www.coindeskjapan.com/266219/

China has introduced the RT-G, an AI-powered spherical robot used by police for patrolling and crime prevention, equipped with tools like facial recognition and net guns. The robot’s spherical design allows it to navigate various terrains, and it is part of a broader trend of integrating robotics into law enforcement in China.

Hyperbolic is the first player to solve the trust cost problem in decentralized GPU networks

DeSci focuses on open science — a movement that believes all knowledge should be freely accessible — with the goal of building a more inclusive and transparent world of scientific research.

The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.

Overnight, BTC sought support from the 5-week line near 96k. In the early morning, Microsoft shareholders' vote on BTC reserves failed, which was within the market's expectations. MicroStrategy increased its position again.

Microsoft Corp.’s board opposed the resolution, saying bitcoin’s volatility was a negative factor.

Ripple’s CEO said RLUSD listings will go live on exchanges “soon” following the New York Department of Financial Services’ approval of the stablecoin.

In the next market (until next year), if the price of Bitcoin is seriously overvalued, I estimate that the four-year cycle will continue at least once more.

Starting from the six projects that have recently received large amounts of financing from leading institutions, we sorted out the development of Crypto x AI infrastructure projects and looked forward to how decentralized technology can safeguard the future of AI for mankind.