Coinbase International Station announced on the X platform that Coinbase International Station and Coinbase Advanced will add support for Morpho perpetual futures contracts. The MORPHO-PERP market is expected to open at or after 17:30 on December 5, 2024, Beijing time.

Privacy-focused Layer1 blockchain Namada has officially launched its mainnet and enabled the network’s genesis block. This kicks off the first phase of its decentralized mainnet rollout, which involves staking and governance. The Anoma Foundation, the group of organizations developing the project, came up with the initial mainnet software and genesis balance. The foundation clarified that it does not run validators, so the Namada community retains full control. The launch includes a user airdrop. Eligible wallets will receive NAM tokens today, which they can use immediately for staking and governance. Token transferability will be activated in Phase 5, which is expected to be completed in a few months.

The South Korean Martial Law Command issued the Martial Law Order No. 1, announcing that the following matters will be announced throughout South Korea from 23:00 on December 3, 2024: 1. All political activities such as the activities of the National Assembly, local councils, political parties, political associations, rallies, and demonstrations are prohibited. 2. All acts that deny the liberal democratic system or attempt to subvert it are prohibited, and fake news, fabricated public opinion, and false incitement are prohibited. 3. All speech and publication are subject to the control of the Martial Law Command. 4. Strikes, slowdowns, and rallies that cause social chaos are prohibited. 5. All medical personnel, including interns and residents, who are on strike or leaving their posts, will return to their jobs within 48 hours. If they violate the regulations, they will be punished according to the Martial Law Act. 6. Except for anti-state forces and other system subversion forces, ordinary citizens will minimize the inconvenience of their daily lives. For those who violate the above martial law order, they can be arrested, detained, seized and searched without an arrest warrant in accordance with Article 9 of the Martial Law Act of the Republic of Korea (Special Measures Power of the Martial Law Commander), and punished in accordance with Article 14 of the Martial Law Act.

Around 22:39 Beijing time today, a dormant address containing 2,700 BTC was activated after 11 years. These bitcoins were worth $1.73 million in 2013 and are now worth $254 million.

Coinbase has included MOG Coin (MOG) in its coin listing roadmap. The Base network contract address of MOG Coin (MOG) is 0x2Da56AcB9Ea78330f947bD57C54119Debda7AF71.

Affected by the news that South Korea announced martial law late at night, the Korean cryptocurrency circle collectively plunged. Upbit's BTC directly dropped by 30% to as low as US$66,500. XRP was even more exaggerated, dropping 60% in a single move, from US$2.9 to US$1.16.

Michael Saylor, co-founder and executive chairman of Microstrategy, said on the X platform: "MicroStrategy's financial operations brought shareholders a net income of approximately 9,850 BTC last week, or approximately 1,407 BTC per day, achieving a BTC yield of 2.55%. If calculated based on a Bitcoin price of $95,000, this is equivalent to a net income of $936 million per week ($134 million per day).

Brighty, a Swiss digital financial platform that supports crypto card payments, has raised $10 million from Futurecraft Ventures in a round of financing. The funds will strategically expand Brighty's business in Europe and the UK. The company aims to meet the growing demand for cryptocurrency payments through user experience while targeting digital nomads and cryptocurrency earners.

On-chain derivatives protocol SynFutures announced the rules of its F token airdrop. This airdrop will distribute 750,000,000 F tokens to community users, accounting for 7.5% of the total supply, and will be available for collection on December 6. Users who meet the airdrop qualifications include active users of v1 and v2, active users of the Oyster Odyssey points program, and long-term active traders. SynFutures has conducted strict screening in the screening process for airdrop qualifications and has eliminated a total of 153,589 suspicious addresses. At present, SynFutures has simultaneously launched the second season of the incentive plan, and users can participate in it to obtain more token rewards. Users who continue to participate after the end of the first season of the Odyssey event will have their rewards obtained during this period included in the second season of the combined calculation and distribution. SynFutures has recently been launched on the Bybit Launchpool and will be open for trading at 6 pm Singapore time on December 6 (this Friday).

According to documents filed with the U.S. Securities and Exchange Commission on Monday, crypto hedge fund and venture capital firm Pantera Capital has raised $20 million to invest in TON's cryptocurrency Toncoin. According to the documents, the venture capital firm raised funds from at least 29 investors in two different funds. The first official sales of both funds were conducted in July.

Ethereum co-founder Vitalik Buterin elaborated on his vision for an ideal crypto wallet in his latest blog post. The article states that a key layer of the Ethereum infrastructure stack is the wallet, but this is often underestimated by core L1 researchers and developers. The wallet is a window between the user and the Ethereum world, and the user can only benefit from the decentralization, anti-censorship, security, privacy or other properties provided by Ethereum and its applications if the wallet itself also has these properties.

Regarding Nike’s NFT project RTFKT’s phasing out of operations, Alexandre Dreyfus, CEO of the sports and entertainment public chain Chiliz Chain, commented on the X platform: “It would be interesting if the Chiliz ecosystem could bid for and acquire these assets so that they can run on the CHZ chain.”

BlackRock’s IBIT spot Bitcoin ETF surpassed 500,000 BTC ($48 billion) in assets on Monday, less than a year after it began trading on January 11. According to BlackRock’s latest fund disclosure, BlackRock’s Bitcoin ETF had accumulated 496,854 BTC as of November 29. According to K33 data, IBIT’s net inflows of $338.3 million (about 3,526 BTC) yesterday were enough to push it past this milestone and reach 500,380 BTC, accounting for 2.38% of the total Bitcoin supply of 21 million.

French Senator Sylvie Vermeillet proposed to classify Bitcoin and other digital assets as unproductive property in the 2025 budget, similar to real estate and luxury assets, and tax their unrealized asset gains. French Finance Minister Laurent Saint-Martin supports this move, arguing that it is unfair to exempt Bitcoin from tax while taxing real economy assets.

South Korean institutions such as universities and local governments may be able to cash in cryptocurrency donations starting next year as the government has drawn up a plan to gradually allow companies to open fiat currency accounts for virtual assets, which has previously been restricted.