Morning News | Solana will integrate X application; Guizhou Moutai establishes digital technology company; Michael Saylor releases Bitcoin Tracker information again
January 11 Market Important Events Overview整理：ChainCatcher
Important News:
- Tennessee orders Kalshi, Polymarket, and Crypto.com to stop offering sports event contracts to residents of the state
- Kweichow Moutai establishes a digital technology company, with business involving blockchain technology-related software and services
- Zhao Changpeng: Unable to predict whether the "super cycle" is coming, continue to accumulate
- Solana: Will collaborate with X and integrate X application
- WSJ: Tether is an important tool for Venezuela's national oil company to evade sanctions
- Data: BSC Foundation purchases $50,000 worth of "Hakimi" and "Laozi"
- Michael Saylor releases Bitcoin Tracker information again, possibly indicating further BTC accumulation
What important events happened in the past 24 hours?
Data: BSC Foundation purchases $50,000 worth of "Hakimi" and "Laozi"
According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that the BSC Foundation purchased $50,000 worth of "Hakimi" and "Laozi".
On January 10, the BNB Chain's $100 million incentive program bought $50,000 worth of "I'm Coming" and "Binance Life".
According to ChainCatcher, as reported by CoinDesk, Ethereum Foundation Co-Executive Director Hsiao-Wei Wang stated in an interview with CoinDesk that Ethereum is steadily moving towards making zero-knowledge cryptography a core component of the network in the future. Hsiao-Wei Wang described zero-knowledge as part of Ethereum's mid-term roadmap and noted that several breakthroughs have been achieved in the past year or two.
While the current upgrade focus remains on improving Layer 2 network execution and Blob space, zero-knowledge as a protocol-level feature has become increasingly feasible. Ethereum researchers have released a native zkEVM plan, allowing the network to use zero-knowledge proofs to validate transactions by default. This technology can significantly reduce the workload required to protect Ethereum, achieving scalability without sacrificing decentralization or reliability. Hsiao-Wei Wang emphasized that even as the network continues to evolve, risk resistance, security, censorship resistance, and neutrality remain core to Ethereum.
According to ChainCatcher, Strategy founder Michael Saylor has released Bitcoin Tracker-related information again.
Based on previous patterns, Strategy always discloses information about Bitcoin accumulation the day after relevant news is released.
WSJ: Tether is an important tool for Venezuela's national oil company to evade sanctions
According to ChainCatcher, as reported by The Wall Street Journal, Tether's role as the world's leading stablecoin has been influenced by Maduro, as Tether is an important tool for Venezuela's national oil company (Petróleos de Venezuela, PdVSA) to evade sanctions, used as a currency for oil trading and providing an economic lifeline for Venezuelans suffering from the collapse of their national currency, the Bolívar.
A spokesperson for Tether responded that the company complies with all applicable U.S. and international sanctions regulations and works closely with U.S. authorities, including the Office of Foreign Assets Control, and regularly assists law enforcement in freezing addresses related to illegal activities or violations of sanctions based on legitimate requests.
Solana: Will collaborate with X and integrate X application
According to ChainCatcher, Solana hinted on the X platform that it will collaborate with social media giant X (formerly Twitter), stating that X is becoming an all-encompassing application, and soon Solana will be integrated into it.
Zhao Changpeng: Unable to predict whether the "super cycle" is coming, continue to accumulate
According to ChainCatcher, Zhao Changpeng CZ added his views on the previous day's comments about the potential arrival of a "super cycle," stating: "A tweet cannot change anything. I cannot predict the future, just continue to accumulate."
Yesterday, CZ retweeted a post (the U.S. SEC has removed "crypto assets" from its 2026 priority risk list, which is a clear positive for the crypto market) stating: "I might be wrong, but it seems the 'super cycle' is coming."
Zhao Changpeng: The UAE has been using government resources to mine Bitcoin for some time
According to ChainCatcher, Zhao Changpeng CZ stated on the X platform that, based on what he understands, the UAE has been using government resources to mine Bitcoin for some time. Previously, Vivek Sen stated that the UAE has officially begun using government resources to mine Bitcoin.
X is developing smart asset tags to display real-time prices and contract information of associated assets
According to ChainCatcher, X product head and Solana ecosystem advisor Nikita Bier stated that X is the best source for financial news and is currently developing smart asset (Smart Cashtags) tags that allow users to specify specific assets (or smart contracts) when posting market updates on X. Users can click these tags in their timeline to view the real-time price of that asset and all information mentioning that asset. The plan is to iterate continuously before a public release next month and gather feedback.
Previously, Solana ecosystem advisor Nikita Bier joined X as product head in mid-2025.
According to ChainCatcher, Vitalik stated that the current crypto industry needs better decentralized stablecoins, and there are still three issues to be resolved:
· Ideally, a more suitable tracking index than the dollar price should be found: One of the visions for national-level resilience should be to break free from dependence on the dollar price.
· Design of decentralized oracles that cannot be controlled by large funds: If oracles can be bought by large funds, to defend against attacks, the protocol can only make the cost of attacks higher than the protocol's market value through high-value extraction.
· Addressing the competition issue of staking yields: If stablecoins cannot provide competitive yields (currently often lagging behind staking yields by several percentage points), it will be difficult to attract funds in the long term.
Kweichow Moutai establishes a digital technology company, with business involving blockchain technology-related software and services
According to ChainCatcher, Kweichow Moutai disclosed that it is further expanding other businesses. According to information from Aiqicha, Kweichow Moutai has recently established Aimaotai Digital Technology Co., Ltd., with a registered capital of 600 million yuan, and its business scope includes blockchain technology-related software and services, industrial internet data services, internet live broadcast technology services, etc. The company is wholly owned by Kweichow Moutai.
FBI: Crypto ATM fraud losses reached $240 million in the first half of last year, multiple states are considering banning crypto ATMs
According to ChainCatcher, as reported by CNBC, according to data from the FBI, losses from cryptocurrency ATM fraud reached as high as $240 million, about twice the number of similar fraud cases in 2024. Spokane, Washington, has fully banned crypto ATMs, becoming the largest city-level ban in the U.S.
Multiple states in the U.S. are tightening regulations or discussing restrictions, including Arizona, Arkansas, and St. Paul, Minnesota, which are also considering following Spokane's comprehensive ban. 80% of the world's crypto ATMs are located in the U.S.
According to ChainCatcher, crypto analyst Cryptosolv revealed that the 100 ETH pool on Tornado Cash has seen a 40% decrease in TVL over the past week, with 120,600 ETH transferred.
In response, Onchain Lens stated that the related address belongs to crypto developer Richard Heart, and that wallet may be related to his new project ProveX, through which he has transferred 162,937 ETH via Tornado in the past four months.
Public information shows that ProveX aims to achieve completely trustless, peer-to-peer (P2P) cryptocurrency trading and settlement using zero-knowledge proofs technology.
European high-net-worth investors have accepted buying European real estate with crypto assets
According to ChainCatcher, as reported by CoinDesk, Nikolay Denisenko, co-founder of the crypto payment app Brighty, stated that in the past year, hundreds of high-net-worth investors have used cryptocurrency to purchase properties in Europe.
The platform has facilitated over 100 transactions, mainly concentrated in the UK, France, Malta, Cyprus, and Andorra, with single transaction amounts ranging from $500,000 to $2.5 million. Previously, high-net-worth clients mostly used USDC issued by Circle, but now, to avoid exchange costs, more and more clients are turning to euro-pegged stablecoins (such as EURC).
According to ChainCatcher, as reported by CoinDesk, Tennessee regulators have ordered Kalshi, Polymarket, and Crypto.com to stop offering sports event contracts to residents of the state, accusing these companies of operating without the necessary licenses, violating the state's gambling laws.
These companies are currently registered with the U.S. Commodity Futures Trading Commission (CFTC) as designated contract markets, providing users with the ability to purchase contracts based on the outcomes of sports events. However, under Tennessee's Sports Betting Act, any entity accepting sports event bets must hold a license issued by the state government.
The SWC stated that none of these three companies hold licenses. "Therefore, the sports event betting contracts offered… fall under the definition of betting as defined by the act, violating Tennessee's laws and regulations, and are illegal." the letter stated.
These companies are required to cease all business activities in Tennessee by January 31, cancel any outstanding contracts involving residents of the state, and refund all deposits. Non-compliance may result in civil fines of up to $25,000 per violation and could be referred to criminal court for aggravated gambling promotion offenses (which are felonies under state law).
Meme Popularity Ranking
According to the meme token tracking and analysis platform GMGN, as of January 12, 09:00,
The top five popular ETH tokens in the past 24 hours are: SHIB, LINK, PEPE, UNI, ONDO
The top five popular Solana tokens in the past 24 hours are: TRUMP, PENGU, MELANIA, Fartcoin, ME
The top five popular Base tokens in the past 24 hours are: PEPE, BASED, SKYA, B3, NATO
What interesting articles are worth reading in the past 24 hours?
a16z Gathering: 7 Key Rules to Become a Top KOL
Last night, I hosted a gathering with the Tech Week team at a16z, inviting about 50 creators to participate.
Participants included meme lords, TikTok creators, lifestyle bloggers, cinematic video creators, Substack authors, email newsletter operators, podcast producers, YouTube vloggers, social media heads, and more.
It almost covered the entire field of internet content creators.
In this article, I will share 7 key insights summarized from multiple conversations.
How Iran is Rebuilding Financial Channels through Crypto After 40 Years of Sanctions
Under more than 40 years of intense sanctions pressure, Iran has gradually been squeezed out of the global financial network centered on the dollar and traditional banking systems. This article outlines the evolution of Iran from oil embargoes and financial disconnection to the introduction of cryptocurrencies, presenting how sanctions have objectively driven a constrained country to build a parallel financial system.
In Iran, cryptocurrencies are no longer just a technical choice but are included in the national-level toolbox for evading sanctions and geopolitical maneuvering. As this system intertwines with a broader alternative financial network, its impact has transcended Iran itself, pointing to deep changes in sanction mechanisms, global financial order, and security landscape.
Risk warning
Risk warning
