1. South Korean President: The martial law troops have been withdrawn and the martial law will be lifted

According to Xinhua News Agency, South Korean President Yoon Seok-yeol announced in a live TV broadcast early this morning that the martial law troops have been withdrawn and the martial law will be lifted immediately by convening a cabinet meeting. After South Korean President Yoon Seok-yeol suddenly announced the implementation of "emergency martial law" in a live TV speech last night, the South Korean National Assembly held a meeting early this morning and passed a resolution requesting the lifting of martial law. The Speaker's Office of the South Korean National Assembly stated that with the passage of the resolution to lift the martial law, the emergency martial law order is invalid.

 

2. Grayscale Investments and the NYSE submitted the 19b-4 filing for Solana ETF

According to the official website of the New York Stock Exchange, Grayscale Investments and the New York Stock Exchange (NYSE) submitted the 19b-4 filing for the Solana ETF to the U.S. Securities and Exchange Commission (SEC).

 

3. An address marked as the US government transferred $13 million worth of BUSD to a new wallet address

According to Arkham monitoring, an address marked as the US government transferred $13 million worth of BUSD to a new wallet address.

 

4. The director and chief secretary of the South Korean presidential office resigned collectively

According to CCTV reports, on December 4th local time, the director and chief secretary of the South Korean presidential office collectively resigned.

 

5. Bitcoin mining pool operator Foundry lays off 27% of its staff

Cointelegraph cited people familiar with the matter as reporting that Bitcoin mining pool operator Foundry laid off 27% of its employees during the restructuring process. This time, 16% of Foundry's US employees and some Indian team employees were laid off. Foundry's parent company DCG revealed in a November shareholder letter that it plans to spin off Foundry's self-operated mining business into an independent entity, but it will still be controlled by DCG.

 

6. Source: Trump's nominee for SEC Chairman Paul Atkins is unwilling to accept the position

Paul Atkins is President-elect Donald Trump’s preferred candidate for SEC chairman, but many factors need to come together to accept the position, according to CoinDesk. A person familiar with Atkins’ thinking said the role is not attractive to Atkins because he believes it will take a lot of work to turn around the bloated agency that has been mismanaged by outgoing SEC Chairman Gary Gensler. Atkins is the founder and CEO of Patomak Global Partners, a global consulting firm focused on strategy, risk management and regulatory compliance. Prior to founding Patomak, Atkins was a commissioner of the SEC from 2002 to 2008, appointed by former U.S. President Bush.

 

7. The US government has transferred a variety of crypto assets to new addresses in the past 5 hours, including about $1.55 million in SHIB and $18 million in Ethereum.

According to Arkham monitoring, in the past 5 hours, the US government transferred a variety of crypto assets to new addresses, including 54.897 billion SHIB, about 1.55 million US dollars; 5024.189 Ethereum, about 17.96914 million US dollars; 13.584 million BUSD, about 13.05 million US dollars. In addition, RLC, COMP, POWR, AERGO and other cryptocurrencies were also transferred.

 

8. Russian court sentences founder of cryptocurrency mixing service Hydra to life in prison

According to Cointelegraph, a Russian court sentenced Stanislav Moiseev, the founder of the online black market and cryptocurrency mixing service protocol Hydra, to life imprisonment. According to a statement from the Moscow Prosecutor's Office on December 2, the Moscow Regional Court found Moiseev and 15 of his associates guilty of organized criminal gangs and illegal production and sale of psychotropic substances and narcotics. Moiseev's 15 associates were sentenced to prison terms ranging from 8 to 23 years. At the same time, Moiseev was also fined $38,100 (4 million rubles), while his 15 associates were ordered to pay a total of $152,400 (16 million rubles). As part of the sentencing order, property and vehicles related to the convicted were also seized. According to Russian state-owned media TASS, they will serve their sentences in a correctional facility under a "strict regime."

 

9. Putin: Bitcoin and digital assets will continue to develop

 

 

Russian President Vladimir Putin said Bitcoin and digital assets will continue to develop, according to Bloomberg.

 

10. The Indian government accused Binance-related companies of owing about $85 million in goods and services tax

 

 

According to local media Economic Times, Indian Minister of State for Finance Pankaj Chaudhary said that the government has found that several cryptocurrency exchanges owe 82.4 billion rupees (about 97 million US dollars) in goods and services tax.

 

The statement mentioned that 17 cryptocurrency companies were found to be involved in tax evasion, including WazirX, which failed to pay 405 million rupees (about 4.8 million US dollars), CoinDCX, which failed to pay 168.4 million rupees (about 1.9 million US dollars), and CoinSwitch Kuber, which failed to pay 141.3 million rupees (about 1.7 million US dollars).

 

One of the most significant cases involves Nest Services Ltd, a company associated with Binance Group, which was accused of evading taxes of 72.243 billion rupees (about $85 million).