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Cointime News Wrapup-Afternoon Version: Debtors Saved over $100M Using De-pegged Stablecoins to Repay Loans
To smooth and facilitate the reading experience for all users, we hereby compose this wrapup, especially for users who cannot check out what’s going on in a timely manner.
Satoshi Action Fund (SAF) co-founder and CEO Dennis Porter stated in a post on X platform that it can be confirmed that at least 13 states are drafting legislation for "strategic bitcoin reserves". January will be a record-breaking month for bitcoin policy.
According to a report from Korean News Agency, due to the ongoing standoff, the Korean Public Officials Crime Investigation Department stated that the execution of the arrest warrant was stopped at 1:30 p.m. local time today (January 3), which is 12:30 p.m. Beijing time. Currently, the personnel from the Public Officials Crime Investigation Department and the police who were executing the arrest warrant have left the presidential palace.
after attempting to arrest President Yoon Suk-yeol, Korean senior government officials from the Crime Investigation Department (CID) had a confrontation and physical conflict with security personnel inside the presidential residence today (January 3). The arresting officers have already passed through the main gate of the residence, but have not yet entered the building where Yoon Suk-yeol is located.
after changing his nickname to "Kekius Maximus", Elon Musk's Solana-based meme coin, KM (Kekius Maximus), grew 100 times. A wallet address spent 27 SOL (about $5,200) to buy 18.1 million KM, which is now worth $655,000 with a return on investment of 126 times.
according to Scam Sniffer, the X account of Superchain Eco (@SuperchainEco) has been hacked and a phishing link has been released. Users should be vigilant of the risks.
on that day, the South Korean court approved an arrest warrant against Yoon Seok-yeol on charges of insurrection. It is reported that this is the first arrest warrant issued against a sitting president in the history of South Korean constitutional politics. On the 30th, the "Joint Investigation Headquarters" composed of the Korean Senior Public Officials Crime Investigation Department, the police, and the Ministry of National Defense Investigation Department submitted a request to detain President Yoon Seok-yeol to the Seoul Western District Court. The Korean Senior Public Officials Crime Investigation Department has issued three summonses to Yoon Seok-yeol on suspicion of "insurrection leader" and "abuse of power to obstruct the exercise of rights", but Yoon Seok-yeol has not responded. According to the South Korean "Criminal Procedure Law", if the suspect has no justifiable reason to refuse to accept the investigation request, or may not accept the investigation request, the investigation agency can apply to the court for an arrest warrant and conduct a forced investigation on the relevant personnel.
market shows that ETH has broken through $3400 and is now trading at $3400.38, with a 24-hour increase of 1.28%. The market is volatile, so please be prepared for risk control.
on November 4th, a trader named "0xgalahad.eth" exchanged 9,000 VIRTUAL tokens (worth $3,400) for 24.566 million AIXBT tokens. Afterwards, they joined a liquidity pool and did not sell their AIXBT tokens. It is estimated that their profit is around $12 million, with an investment return rate of 3,549 times.
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