Former Binance executive files complaint in UK, accusing colleagues of soliciting bribes

YZi accused CEA of mismanagement and poor communication, and is seeking changes to the board, disclosure of treasury holdings, and more.

[BTC OG Insider Whale Long Position Floating Loss of $5.27 Million] On January 8, according to HyperInsight monitoring, the total position size of the BTC OG insider whale is approximately $796 million. The long positions have shifted from profit to loss, with a current floating loss of about $5.27 million. Among them, the long position of 203,340 ETH has a floating loss of $6.14 million, the long position of 1,000 BTC has a floating loss of $1.36 million, and the long position of 511,612.85 SOL has a floating profit of $2.23 million.

[U.S. Crypto Market Structure Bill Negotiations Stalled, DeFi Regulation and Stablecoin Yields in Focus] U.S. Senate Banking Committee Chairman Tim Scott had announced a hearing on the Crypto Market Structure Bill review for January 15, but negotiation documents reveal that consensus has yet to be reached on four key issues. The main disagreements include: requiring DeFi to undergo the same level of oversight as federally regulated financial institutions, though its definition and related issues remain unresolved; the GENIUS Act stipulates that stablecoin issuers cannot offer interest, but affiliated companies may provide yields, raising concerns within the banking industry; prohibiting senior U.S. government officials from deriving personal benefits from crypto activities; and the CFTC taking a leading role in cryptocurrency regulation, though bipartisan seat allocation needs to be balanced.

[dYdX Foundation Announces Approval of Surge Season 9 Rewards Distribution] The dYdX Foundation has announced that the rewards distribution for Surge Season 9 has been approved through community voting, with an approval rate of 85.04%. The total reward pool for Season 9 amounts to $320,784, sourced from 50% of the positive fee rebates. Additionally, 1,704,483 DYDX tokens from the community treasury will be distributed to eligible users as rewards for Season 8.

On chain data shows that BlackRock has deposited 2164 BTC worth $195.12 million and 26704 ETH worth $83.28 million into Coinbase, and may continue to increase its deposit volume. （Onchain Lens）