Category: crypto
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Tokenized stocks seen transforming global markets, says Coinbase CEO
Coinbase CEO Brian Armstrong believes that tokenized stocks can revolutionize global markets by allowing 24-hour trading, fractional ownership, and real-time settlement. Critics raise concerns about enforcement mechanisms, regulatory gaps, and risks associated with non-issuer tokens. Despite mixed views, the value of tokenized equity transfers has increased to $2.46 billion. Armstrong plans to develop an all-in-one…
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Cosmos faces ‘near extinction’ as key projects quit ecosystem
Christopher Goes, co-founder of Anoma, warns that the Cosmos ecosystem is in decline and close to collapse. Projects like Penumbra, Osmosis, and Noble are shutting down, entering maintenance, or leaving entirely. Goes cites high costs, specialized infrastructure, and capital concentration as reasons for the ecosystem’s shrinking sustainability and fading innovation.
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India mandates tighter KYC for crypto users under new FIU rules
India’s Financial Intelligence Unit is implementing stricter know-your-customer rules for cryptocurrency users during onboarding. New requirements include live selfie KYC with geolocation and IP tracking, updated KYC every 6 or 12 months based on user risk, and restrictions on privacy-enhancing tools and ICOs/ITOs. The move follows security incidents at major Indian exchanges.
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U.S. DOJ opens criminal probe into Fed Chair Jerome Powell
Following a criminal investigation into Fed Chair Jerome Powell’s conduct, the Department of Justice has issued subpoenas related to his testimony on renovation costs. Powell argues that the probe is politically motivated due to disagreements over interest rate policy, raising concerns about Federal Reserve independence and political pressure on monetary policy.
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Coinbase may oppose crypto bill over stablecoin rewards
Coinbase’s support for Washington’s upcoming major crypto bill may be in jeopardy due to a dispute over stablecoin rewards. The exchange relies on rewards tied to USDC for revenue and may withdraw support if restrictions are imposed. This could delay Congress’ market structure legislation, impacting the stablecoin market and Coinbase’s business.
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Tether freezes $182M in USDT across five Tron wallets
Tether has frozen around $182 million in USDT on the Tron network across five wallets in a single-day enforcement action on January 11, 2026. This action, linked to U.S. law enforcement, highlights the centralized control of stablecoins and the differences between stablecoins and decentralized assets like Bitcoin.
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Bitmine Stakes $266M Ethereum, Pushing Total Staked $3.3B
Bitmine aggressively increased its Ethereum staking, with holdings now at 1,080,512 ETH valued at $3.33 billion. The company, led by Tom Lee, aims to own 5% of the Ethereum supply. Staking yields could generate 33,700 ETH annually. Bitmine rapidly accumulated ETH, with over $1 billion staked in the first 10 days of January 2026.
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Ethereum Sentiment Hits Pre-Rally Lows, Network Growth Spike
Ethereum’s current social media sentiment is as negative as it was before the 2025 price rally that pushed the asset to new all-time highs. Analysts believe that rising staking and network growth could lead to a bullish trend for ETH. Despite recent market downturns, there is potential for an upside in sentiment based on past…
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Bitcoin ETF Outflows Hit $1.38B as Ethereum Extends Sell-Off
Bitcoin spot ETFs experienced $249.99 million in net outflows on January 9, continuing a multi-day trend of redemptions. BlackRock’s IBIT led the withdrawals, with a total of $251.97 million leaving the fund. Ethereum ETFs also saw $351 million in redemptions over three days, while Solana ETFs remained flat and XRP ETFs attracted fresh inflows.
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Crypto Scammer Tied to UK Drug Seizure
Fasial Tariq, co-founder of Paradox Metaverse, was tied to the world’s largest seizure of illegal weight-loss drugs in the UK. Authorities seized £250K worth of drugs from a facility linked to Tariq’s businesses. Tariq’s crypto gaming project was previously labeled a Ponzi scheme by Coffeezilla. No charges have been filed against Tariq.