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darcyq4enr

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Yoon’s short-lived attempt to introduce martial law sparked a brief slump in the crypto market domestically and abroad.
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On Dec. 3, Yoon imposed martial law during a live television address, citing a need to “eliminate anti-state elements” and address “threats posed by North Korea’s communist forces.”
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Deputy Prime Minister and Finance Minister Choi Sang-mok is serving as South Korea’s interim leader after Yoon was stripped of power on Dec. 14, when the country’s parliament voted to impeach him.
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The joint investigation unit requested warrants against Yoon on Dec. 30. The CIO said the arrest warrant should be executed within seven days of approval but can be extended if needed.
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The arrest warrant was requested by a joint investigation taskforce — consisting of the Korean National Police Agency’s National Office of Investigation, the Corruption Investigation Office for High-ranking Officials (CIO), and the Criminal Investigation Command of the Defense Ministry.
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Investigators requested the warrant after Yoon failed to report for questioning a third time.
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The Seoul Western District Court approved the warrant on Dec. 31, marking the first time a sitting South Korean president has faced an arrest warrant granted by a court, according to a report from Korea Herald.
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A South Korean court issued an arrest warrant for President Yoon Suk Yeol, who was impeached and suspended from office following his attempt to impose martial law in early December.
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The 40% increase was mainly attributed to the rise of access control breaches, particularly on centralized exchanges and custodian platforms.
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Hacks ran rampant in the crypto industry this year too, with thieves stealing over $2.3 billion worth of crypto assets across 165 major incidents in 2024, marking a 40% increase compared to 2023, blockchain security firm Cyvers recently reported.
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Jana Bertram, head of strategy at RARI Foundation, said during an episode of Cointelegraph’s Hashing It Out podcast that NFTs will likely return in a different form, acknowledging that trading volumes have declined but arguing that the technology remains valuable.
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While some may have given up on NFTs, professionals working in the space have various theories on their potential comeback.
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An even stronger performance followed in November as NFTs recorded monthly sales volumes of $562 million, their highest in six months. The resurgence of NFT assets later in the year was again driven by collections on Ethereum, Bitcoin and Solana.
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After the market reached its lowest point, NFTs reversed course in October, increasing by 18% to see sales of about $356 million. October also saw Solana-based NFTs reach a milestone of $6 billion in all-time sales.
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However, the market declined steadily, reaching a record low in September, when monthly sales fell below $300 million for the first time since 2021. Total NFT transactions also decreased, from 7.3 million in August to 4.9 million in September.
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NFT sales volumes mirrored the broader challenges of 2024. March saw the highest monthly sales at $1.6 billion, buoyed by NFTs on Ethereum, Bitcoin and Solana — the three most popular blockchains for digital collectibles.
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The project said the SEC approached it with “concerning rhetoric” that a token cannot be used with a blockchain game without registering it as a security. CyberKongz said the SEC’s stance could have far-reaching implications for blockchain gaming and pledged to contest the allegations.
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On Dec. 16, NFT platform CyberKongz received its own Wells notice from the SEC. The CyberKongz team said the issue stemmed from its sale of Genesis Kongz NFTs in 2021.
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Finzer said the SEC alleged that NFTs on OpenSea may qualify as unregistered securities. The executive said the marketplace was ready to fight any enforcement actions from the agency, adding that the SEC targeting NFTs would “stifle innovation” on a broader scale, putting artists and creatives at risk.
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A Wells notice is a formal notification from the SEC that it is considering bringing enforcement action against an entity. The notice indicates that the agency completed an investigation and discovered evidence of potential breaches of securities laws.
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