Entropy, a decentralized custody startup led by a16z, has announced its closure and will return remaining funds to investors. Entropy founder and CEO Tux Pacific stated on the X platform that the decision was made after four years of product development, multiple business adjustments, and two rounds of layoffs. Entropy positioned itself as an alternative to centralized crypto custody institutions, utilizing technologies such as multi-party computation, threshold cryptography, and trusted execution environments to provide users with cross-chain asset management and automated signature services. The company completed a $25 million seed round in 2022 led by a16z, with participation from investors including Dragonfly, Variant, and Coinbase Ventures, bringing its total funding to approximately $27 million. Pacific stated that recent research revealed the business model was unsustainable for venture capital-level growth, leading to the decision to cease operations and return capital. This event also reflects the increasingly challenging environment for crypto startups since 2025. (TheBlock)

Investinglive analyst Adam Button points out that this is one of the most spectacular days ever for the silver market. Such a market movement is rare in commodities. We may see margin changes again this week, but we've seen this several times recently, and it hasn't stopped the market from rising. Retail investors are flocking in, and there's clearly a (but relatively small) gap in the spot market. This is definitely good news for silver miners, who will certainly have to consider selling some of their future production into the futures market, which could create some selling pressure. The silver market is much smaller than gold, and its lower liquidity is a major reason for its rapid price increase. In the long run, this will be a two-way factor, but currently it has formed an unstoppable upward trend. Setting a price at $100 would have been a major test of profit potential, but it has instead triggered a stunning rally.

US President Trump said the situation in Iran is “changing rapidly” because he has sent a “huge fleet” to the region, but he believes Iran does want a deal.

US President Trump stated on social media: "The South Korean National Assembly has not fulfilled the agreement reached with the United States. President Lee Jae-myung and I reached a mutually beneficial agreement on July 30, 2025, and reaffirmed those terms during my visit to South Korea on October 29, 2025. Why has the South Korean National Assembly not yet ratified this agreement? Because the South Korean National Assembly has not yet ratified our historic trade agreement, which is within their power, I hereby announce an increase in equitable tariffs on South Korean automobiles, timber, pharmaceuticals, and all other goods from 15% to 25%."

BlackRock is planning to launch a new iShares Bitcoin Premium Income ETF, offering spot exposure to Bitcoin while generating returns through options strategies. This plan was disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC). The filing shows that the ETF will be similar to BlackRock's existing IBIT Bitcoin ETF, primarily tracking price performance by directly holding Bitcoin. The difference lies in the new fund's active management of a covered call strategy, generating returns by selling call options and receiving premiums. The underlying asset will be IBIT-related options. The fund's trading code has not yet been announced. If successfully launched, this will further enrich the market's portfolio of crypto asset investment products that sacrifice some upside potential for stable returns.

Crypto asset management firm Bitwise Asset Management announced its official entry into the DeFi space with the launch of its first onchain vault strategy through the decentralized lending protocol Morpho. The vault uses the USDC stablecoin as its core asset, targeting an annualized yield of up to 6%, with funds deployed in Morpho's over-collateralized lending market. Bitwise will handle strategy design and real-time risk management, while user assets will remain in a non-custodial, on-chain state. Bitwise stated that this type of onchain vault aims to provide an easier-to-use solution for investors who want to earn DeFi yields but do not wish to manage complex on-chain risks themselves. The company also revealed that it may support more stablecoins and crypto assets in the future and gradually expand to DeFi strategies such as RWA tokenization, DEX liquidity provision, and yield mining.

A Democratic senator aide reportedly stated that Democrats remain willing to return to the negotiating table and push for a bipartisan compromise after negotiations on crypto market legislation stalled on the Senate Agriculture Committee. The aide revealed that Democrats were "somewhat caught off guard" at the start of the new year because Republicans drafted a new version of the bill without sufficient consultation and originally planned to proceed directly to the markup process in mid-January. In response, Democrats hope to resume communication with the team of committee chairman, Republican Senator John Boozman, before this week's vote to strive for bipartisan consensus. The Senate Agriculture Committee was originally scheduled to hold a meeting on amendments and a vote on crypto legislation this Tuesday, but it was postponed to Thursday due to inclement weather in Washington. Meanwhile, some Democratic senators are actively pushing for a restart of negotiations to reach a bipartisan text before the hearings. The crypto market structure bill aims to establish a federal-level regulatory framework for digital assets, including clarifying the regulatory division of labor between the SEC and CFTC and related information 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.

On-chain prediction market Polymarket announced a multi-year exclusive licensing agreement with Major League Soccer (MLS), becoming MLS's sole prediction market partner. The agreement covers the MLS Cup, various regional competitions, and the All-Star Game. The two companies will also launch new fan experiences, including "second-screen interaction" during games, to enhance viewer engagement. Polymarket founder and CEO Shayne Coplan stated that as soccer's audience continues to grow in the US, fans are looking for new ways to engage more deeply with the game. Through this partnership, Polymarket will present real-time collective market predictions at key game moments and throughout the season narrative, providing fans with a more interactive and data-driven viewing experience. This collaboration also comes against the backdrop of prediction market platforms Polymarket and Kalshi accelerating their expansion into sports and media licensing. Industry insiders believe that the price and probability data generated by prediction markets are gradually becoming an important source of information for sports, media, and search platforms.

According to reports, with the surge in commodity trading activity, the open interest of decentralized perpetual contract exchanges (DEXs) deployed on the Hyperliquid ecosystem using HIP-3 has risen to over $790 million, a record high. HIP-3 (Hyperliquid Improvement Proposal 3), launched last October, introduced a "Builder-Deployed Perpetuals" mechanism, allowing eligible developers who stake sufficient HYPE tokens to deploy perpetual contract markets on Hyperliquid's HyperCore infrastructure without requiring permissions. Official data shows that a month ago, HIP-3-related open interest was only about $260 million, but recently it has continued to break weekly records.

Silver prices surged on Monday, briefly breaking through $117 per ounce to a record high before retreating to around $105 in late trading. This rally officially surpassed Bitcoin's cumulative gains since the 2017 crypto cycle peak. Data shows that silver was priced at around $17 at the end of 2017, meaning that even after the correction, its cumulative gain is still approximately 517%. In comparison, Bitcoin's gains from its late 2017 high of around $20,000 to its current level of around $87,700 represent a gain of approximately 500%. Gold's gains during the same period were slightly less than 300%. Alongside the price surge, trading volume in silver-related ETFs increased significantly. The iShares Silver Trust (SLV) saw a trading volume exceeding $32 billion that day, approximately 15 times its daily average, briefly becoming the world's most traded single security, surpassing the S&P 500 ETF and popular US stocks such as Nvidia and Tesla.

The current "value regression" is not a helpless situation at the end of a bear market, but a necessary growing pain before the birth of the next generation of trustworthy financial infrastructure.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

Tencent Chairman and CEO Pony Ma shared the company's business summary and strategic thinking over the past year, as well as its plans for 2026.

The "Dunkirk moment" of financial power: Following the Davos meeting, the top ten banks are undergoing a collective, secret transformation.

In a business world where certainty has long since vanished, how should we face uncertainty?

This article will provide a comprehensive analysis of all the cost structures within the industry, revealing the hidden costs that erode your profits, and showing how to maximize your returns by choosing the right platform.

Last year, people were often shouting online: Will there be another knock-off season? Now, such voices are almost never heard online.

Matcha Meta suffered a hack through its SwapNet integration, with attackers stealing around $16.8 million by swapping USDC for Ether and bridging it to Ethereum. Users who disabled One-Time Approvals and set direct allowances were affected, while those using the One-Time Approval feature were safe.

Binance co-founder Changpeng Zhao has ruled out any return to the crypto exchange he helped build, despite receiving a presidential pardon from U.S. President Donald Trump

Coinone, South Korea’s third-largest crypto exchange, is exploring the sale of shares held by its chairman Cha Myung-hoon, who controls 53% of the company. Coinbase and local financial institutions are reported to be interested, while the exchange faces losses and a book value of around $52 million.