Bitcoin is trading at a discount on South Korean exchanges, reversing the traditional “kimchi premium” that has historically signaled bullish market sentiment. Per The Korea Times, the cryptocurrency is priced approximately 700,000 won ($511.73) lower domestically compared to global exchanges, resulting in a negative premium (discount) of -0.74% as of Thursday afternoon. This shift appears The post Bitcoin trades at discount in Korea destroying historical ‘Kimchi Premium’ appeared first on CryptoSlate.

The GAM3 Awards 2024 has revealed its final shortlist for a $5 million prize pool. Returning for its third year, the annual web3 gaming event will, for the first time, feature a physical ceremony held in the Philippines in partnership with Yield Guild Games (YGG). The event serves as the grand finale for the YGG The post GAM3 Awards 2024 finalists revealed including Epic Games Store smash hit Off The Grid appeared first on CryptoSlate.

dYdX has launched Trump Prediction Market Perpetuals, enabling traders to leverage positions on Donald Trump’s prospects in the 2024 US Presidential Election. The decentralized exchange introduced this market following a governance proposal approved by the dYdX community on Oct. 9. This offering allows users to take long or short positions on Trump’s electoral chances within The post dYdX launches leveraged perpetuals for Trump election prediction market appeared first on CryptoSlate.

Delhi Police have seized over 100,000 USDT in digital assets and arrested several individuals involved in a sophisticated fraud operation, per The Hindu. The suspects were running a fraudulent entity named “M/s Goldcoat Solar,” falsely claiming government authorization to contribute to India’s renewable energy expansion. The perpetrators misled investors by asserting they had secured rights The post Law enforcement in Delhi and Hong Kong crack down on major crypto scams appeared first on CryptoSlate.

Vice President Kamala Harris has unveiled plans to establish a regulatory framework for cryptocurrency and digital assets, aiming to protect Black men who invest in these markets. This initiative is part of her broader Opportunity Agenda, which seeks to provide tools for wealth creation and economic advancement within the Black male community. As outlined in The post Harris explicitly announces support for crypto just weeks before election appeared first on CryptoSlate.