Elizabeth Warren is expected to lead the Senate Banking Committee. (Source: WSJ)

On ABC's "The View," Hillary Clinton called on the new Congress to hold Musk accountable after taking office in January 2027. She accused Musk of manipulating data to influence decision-making and advocated for government action. Musk donated approximately $290 million to Republican candidates and related causes during the 2024 presidential election and spent approximately $470 million supporting the Republican Party in this midterm election cycle. President Trump appointed Musk as a senior advisor and co-led the Department of Government Efficiency (DOGE), which was disbanded in July 2025. Democrats plan to investigate Musk's affairs, including conflicts of interest in federal contracts, data access and layoffs during his time at the Department of Government Efficiency, and the X platform algorithm. President Trump has stated he will take steps to protect Musk if necessary, but the president's pardon power cannot directly prevent congressional oversight, subpoenas, or hearings.

Pendle announced support for the NGI+ tokenized fund, which is underpinned by Partners Group’s $2.1 billion Next Generation Infrastructure fund. NGI+ converts traditional institutional fund exposure into permissionless tokens, with the underlying fund shares held by Reale. Tokens can be freely transferred between wallets and interact with DeFi, with subscriptions and redemptions conducted through Reale, and KYC/AML checks located at both the entry and exit points. The fund opens for trading monthly, and Pendle has launched PT, YT, and LP markets around it. Asseto Finance has built a reusable framework for bringing more institutional strategies on-chain.

Binance's ASTER/USDT perpetual futures trading volume surged fivefold within 10 minutes, reaching $45.29 million in the past 24 hours, a decrease of 1.59%. A surge in trading volume generally indicates increased market activity or large-scale buying and selling operations, which may be caused by some important market changes or news announcements. According to AiCoin data, Binance Futures ranks No. 1 globally.

Thinking Machines Lab, founded by former OpenAI CTO Mila Mulatti, is raising $5 billion at a pre-money valuation of $40 billion. The company completed a $2 billion seed round last year at a valuation exceeding $10 billion, but subsequent attempts to raise more funds at a $50 billion valuation failed to reach an agreement. Thinking Machines Lab has released its second-generation model, Inkling 2 Small. This model uses the MoE architecture, has a parameter scale of 594B-A17B, and underwent four phases of pre-training and nine days of joint reinforcement training. (Source: Business Insider)