[Kalshi CEO Supports Legislation to Ban Insider Trading by Officials on Prediction Platforms] On January 8, Kalshi CEO Tarek Mansour stated on LinkedIn that Kalshi supports legislation proposed by New York Democratic Congressman Ritchie Torres. The bill aims to prohibit government officials from engaging in insider trading on platforms like Kalshi. Tarek Mansour pointed out that recent allegations of insider trading primarily involve unregulated offshore prediction platforms. It is reported that Ritchie Torres plans to introduce the '2026 Financial Prediction Market Public Integrity Act' this week, which would ban federal elected officials, political appointees, and executive branch employees from trading on prediction markets when in possession of non-public information or information that could be obtained through their official duties.

[U.S. Stock Market Closes with Broad Decline in Crypto Concept Stocks, BNC Drops Over 15.44%] At the close of the U.S. stock market, the Dow Jones Industrial Average fell 0.94%, the S&P 500 Index dropped 0.34%, and the Nasdaq Composite Index rose 0.16%. Crypto concept stocks generally declined, with BNC down over 15.44%, HODL down over 10.98%, and BMNR down over 6.09%. (msx.com) is a decentralized RWA trading platform that has launched hundreds of RWA tokens, covering U.S. stock and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

[Coinbase Cryptocurrency-Backed Loans Exceed $1 Billion] Coinbase CEO Brian Armstrong posted on the X platform stating that the amount of loans using cryptocurrency as collateral on Coinbase has now exceeded $1 billion.

[Senate Agriculture Committee Advances Bipartisan Consensus on CLARITY Act Draft] Reporter Eleanor Terrett stated that the Senate Agriculture Committee has been working for months to ensure bipartisan consensus on the CLARITY Act draft. Although uncertainties remain as it approaches a critical juncture, such efforts are uncommon within Congress. She recalled that last summer, sections of the CLARITY Act pushed by Republicans in the House Agriculture Committee received bipartisan support, passing with 47 votes in favor and 6 against.

Trust Wallet has experienced a $7 million hacking incident, revealing potential risks that many crypto friendly small and medium-sized businesses may overlook. （Cointelegraph）