Crypto Pro Updates
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πŸ•΅οΈ Vitalik Buterin has revised his 2017 perspective on blockchain technology, moving away from the idea of "recording only transactions without committing state." He now supports the use of advanced zero-knowledge technologies like ZK-SNARKs, which allow for state verification without the need for full transaction replay.

Buterin highlighted the importance of maintaining personal independent verification in blockchains to safeguard against potential failures in networks, nodes, providers, or consensus, especially in critical situations where it can serve as a counterbalance to intermediaries and centralization. link
🐳 An Ethereum OG whale wallet, 0xb5Ab (possibly linked to Bitfinex), deposited 50K $ETH ($145.25M) into Gemini today after being dormant for 9 years. link
πŸ‡°πŸ‡·πŸ“Š Seoul Economic Daily reports that South Korea's third-largest crypto exchange Coinone is up for sale. Major shareholder and chairman Cha Myung-hoon is considering selling part of his stake and exploring other options.

Coinbase will visit Korea this week to discuss equity investment and cooperation with Coinone and local firms. Cha and his company hold a combined 53.44%; Com2uS holds 38.42%. link
πŸ•΅οΈ 272,400,000 #USDT (272,218,173 USD) transferred from Bitfinex to Tether Treasury link
πŸ‡―πŸ‡΅πŸ“ Japan to approve its first crypto ETFs in 2028: report - link
πŸ†• $PYBOBO soon on Bybit spot link
πŸ†• $PYBOBO listed on Bybit spot link
πŸ“‰ Bitcoin slides near $87,000 as US government shutdown fears weigh on crypto link
πŸ“‰ The crypto market is down

BTC Dominance - 58.73%

Market Cap - $2.97T
BTC - $87,624 (-1.39%)
ETH - $2,864 (-2.59%)
BNB - $870 (-1.29%)
SOL - $122 (-3.03%)
RIVER - $74.61 (+29.22%)
πŸ‡ΊπŸ‡Έβ›οΈ The US winter storm "Fernan" has swept the nation, causing Foundry USA's Bitcoin mining pool hashrate to drop approximately 60% since Friday.

The storm led to ~200 EH/s offline, slowing Bitcoin block production to 12 minutes. Foundry USA currently controls ~198 EH/s, accounting for 23% of global pool hashrate. Other US pools are also affected, with miners adjusting energy usage to reduce grid load. The storm has caused power outages for over 1 million residents. link
πŸ•΅οΈ A wallet "0xd4d" received 465,000 $HYPE ($10.32M) from Galaxy Digital OTC 2 hours ago.

This wallet also received 56.12M $ENA ($24.76M) from Ethena Lab Wallet 2.5 months ago but is now worth $9.32M, resulting in a loss of $15.44M.

Address: 0xd4d56a30a4a745f8ba732e8b453b7066260fbc10
πŸ’° Trader 12G9iW sold all $PENGUIN yesterday, locking in a profit of $109.4K.

He then spent $4.5K to buy 721,033 $GHOST again and currently holds 1.08M $GHOST ($7.6K).

$GHOST is up over 300% from the bottom. link
πŸ‘€ The crypto startup Entropy, backed by A16z, is shutting down and will return money to investors. link
πŸ‡°πŸ‡·πŸ‘€ The third largest cryptocurrency exchange in South Korea, Coinone, is up for sale. link
🐳 Whale transactions:

1. 0x3c9E panicked and sold 5,500 #ETH ($16.02 million) at a price of $2,912 over the past 3 days. Just 5 days ago, they bought 2,000 #ETH ($5.97 million) at $2,984.

2. 0xb5Ab (potentially linked to Bitfinex) transferred 50,000 #ETH ($145.25 million) to Gemini today after 9 years of inactivity.

3. An OTC whale bought an additional 20,000 #ETH ($56.13 million). Over the past 5 days, they have purchased 70,013 #ETH ($203.6 million). link link link
πŸ“Š Binance announced that it will open trading for the following pairs on January 27, 2026, at 08:30 (UTC):

- BNB/U
- ETH/U
- KGST/U
- SOL/U
- TRX/USD1
- USD1/U

Additionally, the Trading Bots service will be enabled for these pairs. link
πŸ₯· Matcha Meta Sees $16.8 Million Drained in SwapNet Incident: PeckShield link
🐳 The unknown whale, who lost $18.8M on $ETH in just two weeks, is now doubling down on gold.

Since December 13, 2025, he has spent $36.04M to buy 7,536 $XAUT (currently valued at $38.34M) at an average price of $4,786, and is currently sitting on a +$2.3M unrealized profit. link
πŸ™… $SERAPH, $XO, $PSTAKE, $MASA delisted from Bybit spot link
πŸ“Š $4.5 Billion in Realized Loss on Bitcoin

The highest amount of realized losses in three years occurred recently. The last time this happened with Bitcoin, the price was trading at $28,000 after a brief correction period that lasted about a year. link link
πŸ—³οΈ The Aztec TGE proposal is complete and is now moving to a community vote.

Voting will start on Monday, Jan 26th at 17:00 UTC.

If the vote passes, TGE can go live as early as February 12, 2026, at 7:00 UTC. link