Daily Quotes (December 4, 2024 10:00 AM)
ChainDD's market data on December 4 shows that the combined DD index and CoinMarketCap quotes are:
BTC was at $95,836.61, down about 0.27% in 24 hours;
ETH was at $3641.88, up about 0.75% in 24 hours;
BNB was at $747.48, up about 14.85% in 24 hours;
DOT was at $9.88, down about 3.24% in 24 hours;
DOGE was trading at $0.4154, down about 1.78% in 24 hours.
Chain Circle Dynamics
South Korea's ruling party may ask Yoon Seok-yeol to quit the party, and propose the resignation of the entire cabinet and the dismissal of the defense minister
According to multiple media reports on December 4, South Korea's ruling People's Power Party held an emergency meeting on the 4th to discuss countermeasures after President Yoon Seok-yeol announced the lifting of martial law. Many participants said that they "reached a certain consensus" on issues such as Yoon Seok-yeol's withdrawal from the party, the resignation of the entire cabinet, and the removal of the Minister of Defense. Earlier, after Yoon Seok-yeol announced "emergency martial law", Han Dongxun, a representative of South Korea's ruling party, said that the president's decision was wrong.
Cryptocurrency News
Analysis: Only 4 cold wallet addresses from Binance, Bitfinex, and Robinhood hold over 100,000 BTC.
According to HODL15Capital's monitoring, only 4 addresses currently hold more than 100,000 BTC, all of which are cold wallet addresses of exchanges, including Binance, Bitfinex, and Robinhood.
Vitalik published an article outlining the development blueprint for an ideal crypto wallet, focusing on cross-L2 transactions and privacy protection.
Ethereum co-founder Vitalik Buterin published a new blog post detailing his vision for an ideal crypto wallet. The article focuses on security and privacy, proposing key features such as cross-L2 transaction experience, account security, fraud prevention, and data wallets. Regarding cross-L2 transactions, Vitalik suggested using chain-specific address formats (e.g., address@optimism.eth) and recommended that wallets automatically handle cross-chain exchanges and transfer processes. For account security, he advocated for social recovery and multi-signature mechanisms, proposing a 2-of-3 protection scheme for new users, which includes zk-email, local keys, and service provider backup keys.
Regarding privacy protection, the article emphasizes the need to directly integrate features like privacy pools and stealth addresses into mainstream wallets to achieve default privacy. In terms of data storage, Vitalik suggested that wallets evolve into personal data storage tools, employing an M-of-N key sharing mechanism to protect user data. Looking ahead, Vitalik predicts that new technologies such as AI and brain-computer interfaces will fundamentally change wallet interaction methods.
BlackRock's spot Bitcoin ETF assets under management surpassed 500,000 BTC.
BlackRock's IBIT surpassed 500,000 bitcoins (approximately $48 billion) in assets under management on Monday, less than a year after the fund began trading on January 11.
According to the latest fund disclosure, as of November 29, BlackRock's Bitcoin ETF has accumulated 496,854 bitcoins.
According to K33 data, the fund saw a net inflow of $338.3 million (approximately 3,526 bitcoins) yesterday, surpassing this milestone and reaching 500,380 bitcoins, representing 2.38% of the total Bitcoin supply (21 million bitcoins).
K33 research director Vetle Lunde stated: BlackRock's surpassing of 500,000 bitcoins is another significant milestone following its brilliant launch year. Based on the year-to-date inflow, it remains the third-ranked ETF product in the U.S., surpassing the Invesco QQQ fund, which has a scale of $314 billion.
Former Celsius CEO pleaded guilty to some charges related to manipulating the company's native token price.
According to multiple media reports, former Celsius CEO Alex Mashinsky pleaded guilty to some criminal charges. According to the original indictment from July 2023, Mashinsky was accused of securities fraud, commodity fraud, and telecom fraud.
According to Bloomberg, Mashinsky admitted to committing commodity fraud and fraud related to manipulating the company's native token price, which could result in a maximum sentence of 20 years in prison.
