discussion

Farcaster posted, "There will be no token issuance. The 'token discussion' circulating in the market is actually related to Hypersnap, which is a fork project of the Farcaster protocol. The Hypersnap team refers to its token as the 'Farcaster token' in discussions, which has led to confusion among users who are not familiar with the technical details.It is important to clarify that this is not a comment on the fork project itself. We just want to avoid this kind of speculation that continues to create unnecessary noise, such as bot accounts, airdrop users, and scam accounts, all of which can affect the overall network experience. It should be made clear that there is no so-called Farcaster protocol token airdrop."

According to a report by Bloomberg, Kimi's parent company, Moon's Dark Side, is in the preliminary stages of considering an initial public offering in Hong Kong and has begun discussions with China International Capital Corporation and Goldman Sachs regarding the listing cooperation. The specific timing has not yet been determined, and the planning is still underway, with the possibility that it may not proceed. Both Moon's Dark Side and Goldman Sachs declined to comment, and China International Capital Corporation did not respond.After completing over $700 million in financing earlier this year, Moon's Dark Side is negotiating a new round of financing, with a scale of up to $1 billion, which would bring its valuation to approximately $18 billion after this round of funding. Its C round valuation was about $4.3 billion at the end of last year, and the valuation has since risen rapidly. Founder Yang Zhilin stated in an internal letter at the end of last year that the company has 10 billion RMB in cash and is "not in a hurry to go public in the short term." There were also rumors of a "backdoor listing" last December, which the company denied.Competitors in the same sector, Zhiyu and MiniMax (Xiyu Technology), have already gone public on the Hong Kong Stock Exchange, and taking advantage of the investor enthusiasm generated by peers going public, Moon's Dark Side has been accelerating its financing in the private equity market.

Aave DAO has officially initiated the community discussion process for the deployment of Aave V4 through the Aave Request for Comment (ARFC) proposal vote. This proposal received 100% support on the governance platform, marking a key step for the protocol towards a new round of significant upgrades.The ARFC is a non-binding phase aimed at collecting community feedback and optimizing the proposal, after which it will enter the formal on-chain Aave Improvement Proposal (AIP) voting and mainnet launch process. Aave V4 is expected to be deployed this year. This upgrade will introduce a brand new Hub and Spoke architecture, integrating liquidity through a unified Liquidity Hub, with multiple Spoke modules defining different lending rules, risk parameters, and collateral strategies, thereby enhancing capital efficiency and achieving more refined risk isolation.In addition, V4 will address the issue of liquidity fragmentation in the existing protocol, support a richer market structure, strengthen the integration of the native stablecoin GHO, and upgrade the liquidation mechanism. Aave stated that this architecture will evolve the protocol from a single lending model to a more flexible on-chain financial infrastructure, enhancing liquidity depth and risk pricing capabilities.

Trump stated: "I am pleased to report that the United States and Iran have had very good and productive discussions over the past two days regarding the complete and thorough resolution of our hostile relationship in the Middle East."

According to News1, the ruling party in South Korea, the People Power Party, will hold a closed-door meeting at the Coinone headquarters with representatives from the five major cryptocurrency exchanges: Upbit, Bithumb, Coinone, Korbit, Gopax, and DAXA.The purpose of this meeting is to discuss proposals for the abolition of the virtual asset tax system originally scheduled to be implemented in January 2027, and to hear relevant suggestions regarding the issuance of stablecoins and the preparation of the second phase of legislation.Previously, the party whip Song Yeon-sik proposed on March 19 the "Partial Amendment to the Income Tax Act" to abolish the virtual asset income tax, arguing that in the context of the abolition of the financial investment income tax, continuing to tax virtual assets raises issues of fairness and double taxation, and that consistency in the tax system should be maintained.

According to official social media news, the decentralized contract trading platform SunX will hold a themed live broadcast today at 20:00 (UTC+8) titled "SunX Launches AI Skills: How to Empower Your Trading with AI." At that time, crypto KOLs such as Crypto.0824, Jack.C, Little Daoist, Great Immortal, and Mike Banana will be invited to attend and discuss the application of AI Skills in trading decisions, risk control, data integration, and other aspects of contract trading.

According to Jinshi, Federal Reserve Chairman Powell stated that different scenarios for the next meeting were indeed discussed, but these scenarios are extremely uncertain.

According to Jinshi News, against the backdrop of widespread market expectations that the Federal Reserve will cut interest rates, a Federal Reserve policymaker predicts that there will be an interest rate hike next year. This view belongs to a minority, as most decision-makers still believe there will be a rate cut this year. With oil prices rising sharply, discussions in the market about interest rates increasing next year may intensify. Currently, among the 19 policymakers at the Federal Reserve, 7 believe that interest rates will remain unchanged by the end of the year, 7 believe a 0.25 percentage point cut is necessary, and 5 believe that at least two rate cuts are needed.

The TRON community has officially initiated a discussion on the proposal to enable new features in v4.8.1, planning to adjust the execution behavior and cost of the SELFDESTRUCT instruction in the TRON Virtual Machine (TVM) to further enhance compatibility between TRON and Ethereum EIP-6780.According to the current proposal, if the feature is ultimately enabled, the SELFDESTRUCT instruction will only truly delete a contract when called in the same transaction that creates the contract; in other cases, it will only transfer contract assets without deleting the contract. Meanwhile, the energy consumption of this instruction will be adjusted from 0 to 5000.Currently, the proposal is still in the community discussion phase. The TRON developer community is discussing issues related to the impact of the feature, launch timing, and ecological adaptation, and will decide whether to officially enable the feature based on community consensus.TRON also encourages developers to actively participate in the discussion and suggests that developers using the SELFDESTRUCT instruction pay attention to the progress of the proposal and prepare for adaptation in advance.

According to The Wall Street Journal, the two leading prediction markets, Polymarket and Kalshi, are recently in talks with potential investors for funding, with valuations around $20 billion.Last year, it was reported that Polymarket was negotiating funding at a valuation of $12 billion. In December, Kalshi completed a $1 billion financing round, bringing its valuation to $11 billion.

Bloomberg ETF senior analyst Eric Balchunas posted on the X platform that Bitcoin ETFs have attracted another $500 million in inflows, with 10 out of 11 U.S. Bitcoin ETFs being favored by investors. Additionally, since the escalation of the conflict in the Middle East, Bitcoin has risen about 12%, while gold has seen a decline during the same period. This performance has sparked discussions in the market about the safe-haven properties of both assets.Eric Balchunas further stated that it is relatively rare for Bitcoin to strengthen while gold declines in the context of rising geopolitical uncertainty, prompting some investors to rethink the roles of traditional "safe-haven assets" and "digital gold." This raises the question of whether gold has failed to act as a safe haven in the current environment, or conversely, whether Bitcoin is gradually taking on some of the functions of a safe-haven asset. However, there remains a long-term divide in the market, with some analysts believing that gold is still the primary safe-haven asset during traditional crises, while Bitcoin's market performance tends to be more volatile.

According to the Hong Kong Economic Journal, the newly appointed president of the Hong Kong Institute of Certified Public Accountants, Lo Chok-kin, stated that guidelines are being developed to help the accounting and business sectors understand how to handle virtual assets in accounting. The first part of the guidelines, which involves virtual currencies and stablecoins, has been issued, while the second part, which has not yet been announced, relates to the auditing requirements for stablecoins set by the Hong Kong Monetary Authority. The Institute is currently in discussions with the Hong Kong Monetary Authority on this matter, and it is expected to be released within six months. The third part of the virtual asset accounting guidelines aims to be launched by the end of the year at the earliest, but it will still require communication and consensus with regulatory bodies and the industry before it can be released.

BlackRock is in talks with the U.S. Securities and Exchange Commission to tokenize its iShares ETF products.BlackRock's Chief Financial Officer Martin Small stated that he could not determine whether this process would be completed in 90 days or 12 months. Matt Hougan commented that this could be one of the key narratives to lead the market out of a bear market and noted that it is very beneficial for both layer one blockchains and the decentralized finance sector.

After setbacks in negotiations over cryptocurrency market legislation in the Senate Agriculture Committee, a Democratic senator's aide stated that the Democratic side is still willing to return to the negotiating table to push for a bipartisan compromise.The aide revealed that at the beginning of the new year, Democratic members were "caught off guard" during the negotiations, as the Republican side drafted a new version of the bill without sufficient consultation and originally planned to move directly into the markup process in mid-January. In response, the Democratic side hopes to re-engage with the committee chair, Republican Senator John Boozman's team, before a vote this week to strive for a bipartisan consensus.The Senate Agriculture Committee was originally scheduled to hold a markup and voting session on cryptocurrency legislation this Tuesday, but it has been postponed to Thursday due to severe weather in Washington. Meanwhile, some Democratic lawmakers are actively pushing to restart negotiations to reach a bipartisan-approved text before the hearing.The cryptocurrency market structure bill aims to establish a federal regulatory framework for digital assets, including clarifying the regulatory division between the SEC and CFTC, as well as related disclosure requirements. Analysts point out that, given that both the Senate Banking Committee and the Agriculture Committee need to advance their respective versions of the bill, bipartisan cooperation remains a key prerequisite for the smooth progress of the legislation.

According to reports, after negotiations on cryptocurrency market legislation hit a snag in the Senate Agriculture Committee, a Democratic senator's aide stated that the Democratic side is still willing to return to the negotiating table to push for a bipartisan compromise.The aide revealed that at the beginning of the new year, Democratic members were "caught off guard" during the negotiations, as the Republican side drafted a new version of the bill without sufficient consultation and originally planned to move directly into the review process this week. In response, the Democratic side hopes to re-engage with the committee chair, Republican Senator John Boozman's team, before the vote this week to seek a bipartisan consensus.The Senate Agriculture Committee was originally scheduled to hold a markup and voting session on cryptocurrency legislation this Tuesday, but it has been postponed to Thursday due to severe weather in Washington. Meanwhile, some Democratic lawmakers are actively pushing to restart negotiations to reach a bipartisan-approved text before the hearing.The cryptocurrency market structure bill aims to establish a federal-level regulatory framework for digital assets, including clarifying the regulatory division of responsibilities between the SEC and CFTC, as well as related disclosure requirements. Analysts point out that, given that both the Senate Banking Committee and the Agriculture Committee need to advance their respective versions of the bill, bipartisan cooperation remains a key prerequisite for the smooth progress of the legislation.

CZ stated on the X platform that he will speak at a panel discussion at the World Economic Forum in Davos tomorrow at 8:30 AM local time (which corresponds to 3:30 PM Beijing time). He will then give an interview to CNBC at around 3 PM (which corresponds to 10 PM Beijing time).

According to official news, SUN has officially announced the completion of its ecological strategy upgrade, and the Chinese primary brand "Sun Wukong Ecology" will be fully launched from today. This upgrade aims to build an integrated decentralized financial hub by integrating Wukong Exchange SunSwap, Wukong Launchpad SunPump, Wukong DAO SUN DAO, SUNAI Sun Wukong AI, and SunX Sun Wukong core modules, forming a complete ecological system covering asset circulation, issuance, governance, and intelligent expansion, dedicated to creating a sustainable, self-driven value closed loop. We sincerely invite participants from all sectors to join the special brand unveiling event on January 20th at 8 PM through the official Space to discuss new paradigms for DeFi ecological development.Users are encouraged to follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the post, and @ three friends. The official team will randomly select 5 lucky users from the participants to receive a reward of 10 USDT each.

According to Jinshi News, Todd Schoenberger, Chief Investment Officer of Washington Crossley Management, stated that the December employment report puts a period on 2025, filled with uncertainty, and weak labor market data may bring recession discussions back to Wall Street.On the other hand, the weak data provides a basis for the Federal Reserve to cut interest rates again at the meeting in a few weeks, and the stock market's response to rise is reasonable, as traders view the Fed's decision as a booster for the market.

The main lobbying organization on Wall Street, SIFMA, held a closed-door meeting with several representatives from the crypto industry this Thursday to discuss the core differences in the U.S. crypto market structure bill and made some progress on DeFi-related provisions.Sources say that SIFMA recently opposed the regulatory exemptions granted to certain DeFi protocols and developers in the bill, while also pushing for restrictions on yield-generating dollar stablecoins in collaboration with banking lobby groups. The crypto industry is attempting to persuade them to lower their demands to avoid undermining the bipartisan negotiation results. The time window is rapidly closing.Senate Banking Committee Chairman Tim Scott plans to advance the bill's review next week. The industry widely believes that if bipartisan support cannot be secured at the committee stage, the bill will struggle to reach a full Senate vote. The bill is seen as key legislation to reshape the U.S. crypto regulatory framework, and its ultimate outcome remains highly uncertain.

Reporter Eleanor Terrett stated that the Senate Agriculture Committee has been working for months to ensure that the CLARITY bill draft has bipartisan support. Although there is still uncertainty as it approaches a critical juncture, such efforts are not common within Congress.She also recalled that last summer, the CLARITY bill provisions pushed by the House Agriculture GOP passed with significant bipartisan support, with 47 votes in favor and 6 against.