Lighter has announced the launch of its LIT staking feature, offering the following benefits: 1. Users staking LIT will gain access to LLP (Lighter Liquidity Pools). For every 1 LIT staked, 10 USDC will be immediately deposited into LLP. Existing LLP holders have a two-week grace period (ending January 28th) during which they can retain their existing funds. After this period, continued LIT staking is required to participate in LLP. 2. The tiered fees charged by market makers and high-frequency trading firms will be adjusted within two weeks. Overall fees will increase, but LIT staking will offer a fee discount, maintaining the lowest fee tier at its current level. We will release the detailed tiered fee rules several days in advance to allow trading firms to adjust their algorithms. 3. Staking LIT will generate returns; the annualized yield will be published immediately after the feature takes effect. 4. Staking 100 LIT will enjoy zero withdrawal and transfer fees.

According to GMGN data, the market capitalization of Buttcoin, the Meme coin within the Solana ecosystem, surged by over 260% intraday, briefly exceeding $20 million, before settling back to approximately $16.94 million. Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.

Polygon Labs announced the acquisition of Coinme and Sequence for over $250 million. source: https://ambcrypto.com/polygon-makes-a-250-mln-stablecoin-bet-but-pol-still-struggles/

According to an official Solana Mobile X account post, Solana Mobile has disclosed the specific allocation details of the SKR airdrop. A total of nearly 2 billion SKR were distributed to the community, with approximately 1.82 billion allocated to 100,908 users and approximately 141 million to 188 developers, covering both user and developer groups. The official announcement stated that SKR will be officially available for collection on January 21st at 02:00 (UTC). Eligible participants can check their allocation and corresponding tier in advance and need to prepare a small amount of SOL to cover on-chain transaction fees incurred during collection. After collection, SKR can be used for staking to earn rewards. Furthermore, Solana Mobile confirmed that Season 2 has also started simultaneously, and related ecosystem incentive programs are ongoing.

According to PANews, Sui announced at 05:24 on January 15 that its network has resumed full operations and transactions are proceeding normally. Users experiencing issues are advised to refresh their applications or browser windows. A comprehensive review of the incident will be shared in the coming days. Previously, at 11:24 the previous evening, the Sui mainnet experienced a network halt.

According to PANews, the Federal Reserve's Beige Book reveals that economic activity in eight out of the twelve Federal Reserve districts experienced slight to moderate growth. Three districts reported no change, while one district noted a moderate decline. This marks an improvement compared to the previous three reporting periods, where most districts reported little change in economic activity. The Beige Book indicates a slightly optimistic outlook for future activities, with most districts anticipating modest to moderate growth in the coming months. Consumer spending saw slight to moderate growth in most banks, largely due to the holiday shopping season. Employment conditions remained largely unchanged, with eight districts reporting no change in hiring activities. Prices grew at a moderate pace in most districts, with only two districts reporting slight price increases. Tariff-induced cost pressures were a common issue across all districts. As pre-tariff inventories deplete, businesses are passing additional costs onto consumers, hinting at emerging inflationary pressures.

According to Onchain Lens monitoring, Bitmine has further staked 92,160 ETH, worth approximately $293 million at current prices. Following this operation, Bitmine's total staked ETH has increased to 1,436,384, with a total value of approximately $4.77 billion.

Coinbase Markets announced on its X platform that the conversion from Maker (MKR) to Sky (SKY) is complete. Sending and receiving Maker (MKR) is now re-enabled.

Base App is redesigning its consumer application around a trading-first business model, based on early user reaction. In an announcement by jesse. base. eth in an X post, the group indicated that the Base App is now going to make trading its main operation to bring demand and distribution to assets throughout the on-chain economy. The app, […] source: https://www.cryptopolitan.com/base-app-shifts-to-trading-first-model/

China is weeding out American technology to fulfill its goal of technological self reliance. Local firms in China have now been instructed to stop using cybersecurity from certain companies in the U. S. and Israel citing concerns that Western technology is vulnerable to cyberattacks. Chinese authorities have instructed local firms to stop using cybersecurity software produced […] source: https://www.cryptopolitan.com/firms-in-china-to-stop-us-israel-software/

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 2937, providing you with the latest and fastest news on the digital currency and blockchain industry.

Polymarket, from 100% cashback to 20%: The game behind Polymarket's fee adjustment. (Jinse Finance, timeline of events related to Polymarket fees)

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.

Elon Musk, the Ghost of X.com: Musk's Revenge Across 25 Years. Golden Finance: Some dreams don't die; they just wait for their chance.

Ahead of Thursday's highly anticipated price surge, the cryptocurrency industry spent yesterday reviewing and responding to new text.

The proposed digital currency is "a new vehicle for corruption that must be guarded against," and the Yao Qian bribery case is characterized as "a new type of corruption, hidden corruption."

The fourth episode of the TV documentary series "Never Stop, Never Back Down," titled "Technology Empowering Anti-Corruption," was broadcast. It analyzed the case of Yao Qian, the former director of the Technology Supervision Department of the China Securities Regulatory Commission.

Tonight at 8 PM, the fourth episode of the TV documentary "Never Stop, Never Back Down," titled "Technology Empowers Anti-Corruption," will air on CCTV, revealing details of the corruption involving Yao Qian, the former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, who accepted bribes using virtual currency.

Why launch a criminal investigation now, when Powell is set to step down as chairman in May?

As the West tightens its financial blockade against Russia, cryptocurrency, originally seen as a tool for "decentralization experiments," has instead been pushed to the core of Russia's countermeasures system.