[Crypto Fear Index Drops to 20, Market in Extreme Fear] On January 1, according to Alternative data, the Crypto Fear and Greed Index is at 20 today (21 yesterday), indicating the market is in a state of extreme fear. The index ranges from 0 to 100 and is calculated based on factors such as volatility, market trading volume, social media activity, market surveys, Bitcoin market dominance, and Google trend analysis.

[Former CFTC Official Amir Zaidi Returns as Chief of Staff] The U.S. Commodity Futures Trading Commission (CFTC) has announced that Amir Zaidi, a key policymaker who oversaw the launch of regulated Bitcoin futures in the U.S., is returning after six years to serve as CFTC Chief of Staff. CFTC Chairman Michael Selig stated that Amir Zaidi played a crucial role in the regulatory launch of Bitcoin futures contracts during the first term of the Trump administration and will bring experience and expertise to help the CFTC develop regulations for rapidly evolving commodity markets. Amir Zaidi previously held multiple positions at the CFTC from 2010 to 2019, serving as Director of the Division of Market Oversight in his final two years, where he facilitated the establishment of the regulated Bitcoin futures market in the U.S.

[Vida Intercepts Hacker Operations, Gains Approximately $1 Million] On-chain analyst Ai Yi detected a suspected hack of a Binance account. Due to risk control mechanisms, the hacker was unable to withdraw funds directly and attempted to transfer funds through wash trading. They chose the low-liquidity meme token BROCCOLI714 as the target, violently pumping the spot price. Vida, the founder of Equation News, noticed the abnormal price movement and, after the contract circuit breaker ended, accurately opened and closed long positions multiple times, intercepting the hacker's operations and profiting approximately $1 million. Subsequently, Binance's risk control mechanisms seemingly intervened, preventing the hacker from placing further orders. The hacker attempted to manipulate SOL but failed, ultimately canceling orders and abandoning the operation.

[Turkish Crypto Exchange BtcTurk Hacked, Losing $48 Million] Turkish cryptocurrency exchange BtcTurk has once again suffered a hacker attack, with losses amounting to $48 million. It is reported that the exchange previously lost approximately $49 million due to a hacker attack on August 14 last year.

[Wallet Associated with Jez Deposits 2.06 Million USDC into Hyperliquid to Open Long Positions] According to monitoring by Onchain Lens, a wallet associated with Jez (@aerobatic) deposited 2.06 million USDC into Hyperliquid to open long positions on BTC, ETH, and SOL, all with 20x leverage.