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Quantum computing company PsiQuantum has launched the construction of a million-qubit quantum computing facility in Chicago. PsiQuantum co-founder Peter Shadbolt shared photos from the construction site on the X platform on Thursday, stating that 500 tons of steel have been erected in six days.The company previously announced in September that it had raised $1 billion to build the facility, in collaboration with chip manufacturer Nvidia, aiming to make quantum computing commercially viable to support the next generation of AI supercomputers. Scientists say that the computational power of a million qubits is equivalent to that of hundreds of billions of ordinary computers, enough to crack Bitcoin's encryption technology. Bitcoin developers are currently discussing whether to take immediate action against quantum threats through a hard fork.A preprint scientific paper released last month suggests that breaking a 2048-bit key would require about 100,000 qubits, while Bitcoin encryption uses a 256-bit key. The largest quantum computer currently comes from the California Institute of Technology, with a scale of 6,100 qubits. PsiQuantum co-founder Terry Rudolph stated in July that the company has no plans to use quantum computers to derive private keys from public keys.Research by crypto asset management firm CoinShares in February of this year pointed out that only 10,230 Bitcoins are simultaneously vulnerable to quantum threats, with wallet addresses' encryption keys publicly visible, amounting to approximately $728 million at current market prices.

The Iranian Deputy Foreign Minister stated that Iran is prepared to abandon its nuclear program, provided that the United States offers a satisfactory alternative.

According to sources, the former Chief Research Scientist of OpenAI is raising $70 million for an artificial intelligence startup that is developing software to help factories achieve autonomous operation.

UK Prime Minister Starmer issued a statement indicating that the UK has agreed to allow the United States to use British military bases for "specific and limited" defensive purposes. Gulf region countries have requested the UK to increase its defensive efforts, and the UK has deployed fighter jets to carry out missions in the region, successfully intercepting Iranian attacks.Furthermore, the UK has not participated in offensive actions against Iran.

According to GMGN data, the top 5 trending tokens in the past 24 hours are as follows:AUTISM (8jiV....ump): Currently priced at $0.0014, market cap of $1.35 million, 24h increase of +16.1%, 24h trading volume of $1.88 million, number of trades 207,355;Aslan (8GC4....ump): Currently priced at $0.0003, market cap of $290,000, 24h increase of +7.3K%, 24h trading volume of $6.56 million, number of trades 94,438;ruck (DKqg....ump): Currently priced at $0.0005, market cap of $440,000, 24h increase of +19.5K%, 24h trading volume of $5.42 million, number of trades 77,867;Moosh-Ali (FMxS....ump): Currently priced at $0.0002, market cap of $110,000, 24h increase of +4.01K%, 24h trading volume of $3.29 million, number of trades 65,634;Peace (atVj....ump): Currently priced at $0.001, market cap of $910,000, 24h increase of -18.6%, 24h trading volume of $3.51 million, number of trades 40,954;

According to Eleanor Terrett, U.S. Republican lawmakers Fitzgerald (Wisconsin), Cline (Virginia), and Democratic lawmaker Lofgren (California) jointly proposed the "Blockchain Innovation Development Act," aimed at clarifying the applicability of Section 1960 of the Criminal Code.The bill explicitly states that Section 1960 applies only to entities that control customer funds, rather than developers who merely write code. Previously, in cases like TornadoCash and SamouraiWallet, regulators had applied this provision to non-custodial software developers, leading to a strong backlash from the crypto industry. This bill will provide legal protection for blockchain developers and address the long-standing conflict between crypto innovation and regulation.

The professional trading terminal for prediction markets, Fireplace, has completed a $1.5 million pre-seed funding round, led by Frachtis, with participation from several VCs and angels including White Star Capital.The funds from this round will be used to build a cross-platform trading infrastructure for institutional prediction markets, including cross-scenario aggregation, smart order routing, real-time data, institutional-grade execution, charting tools, as well as features like wallets, whale and "insider" tracking.

According to Decrypt, during the 60th Super Bowl (Super Bowl LX) held on Sunday, Coinbase was the only cryptocurrency company to run a major advertisement. Compared to the "Crypto Bowl" in 2022, where multiple crypto companies participated collectively, this year's industry marketing scale has significantly reduced. Coinbase's advertisement lasted one minute and featured the karaoke lyrics of the Backstreet Boys' 1997 single "Everybody (Backstreet's Back)."Coinbase CEO Brian Armstrong stated that the advertisement aims to promote economic freedom and alleviate polarized sentiments through a choral format. Analysts pointed out that this advertising strategy reflects the cautious attitude of the cryptocurrency industry after market reshuffling, with marketing focus shifting from early celebrity endorsements and high cashbacks to compliance and trust-building.

According to statistics from Bubblemaps, Trend Research is currently selling Ethereum on a large scale to repay its leveraged position on AAVE. Data shows that the institution has transferred 332,000 ETH (approximately $700 million) to Binance in the past five days, and just in the last hour, it transferred ETH worth about $40 million.Trend Research currently holds approximately $100 million worth of ETH, accounting for 9% of the total supply of aWETH. Trend Research remains the second-largest holder of aWETH and continues to reduce its holdings. The institution, led by Jack Yi, became known in 2025 for establishing the largest leveraged long position in Ethereum through AAVE. As Ethereum prices fell in 2026, the institution began a "risk control adjustment," which involves transferring ETH to exchanges to repay debts. Analysts point out that as prices approach liquidation levels, Trend Research and other ETH whales may be forced to continue selling their positions.

According to the official news from ATT Global.io, the 1% discount for exchanging ETH will become one of the ongoing activity sections of the "IEO" series, aimed at allowing the ATT Foundation to better give back to the numerous ecological contributors and participants, while also providing more applications and usage scenarios for ATT.Advertising Time Trace (ATT) is a forward-looking Web3.0 application project that integrates DePin technology. Through its unique DA-AIOT-P (Decentralized Assets - Artificial Intelligence Internet of Things - Payment) mechanism, it has built a new digital advertising ecosystem that combines physical advertising assets, advertising e-commerce merchants, user resources, and digital technology. A commercial advertising system centered around the LED screens in Lan Kwai Fong, Hong Kong has been established, gradually improving LED screen advertising coverage in key commercial areas such as Southeast Asia, Japan, South Korea, and Europe. Currently, the core participants of the ecosystem have reached tens of thousands, potentially radiating hundreds of thousands of commercial ecological users, aiming to become a new entry point for traffic and assets in the Web3 field.

Galaxy Research Director Alex Thorn posted on the X platform that a key hearing in the legislative process for cryptocurrency market structure will take place next week. Republican members of the Senate Agriculture Committee have released a discussion draft of the "Digital Commodities Consumer Protection Act." This bill is expected to be merged with related legislative content completed by the Senate Banking Committee to form a comprehensive "Cryptocurrency Market Structure Act."As the Senate Agriculture Committee is responsible for overseeing the U.S. Commodity Futures Trading Commission (CFTC), this draft primarily focuses on the digital commodities market, with the core content being to grant the CFTC exclusive regulatory authority over the spot cryptocurrency market, including cryptocurrency trading platforms, dealers, and brokers. The committee plans to hold a hearing on the bill's amendments on January 27 (Tuesday), during which bipartisan lawmakers may propose amendments. Although the commodity attributes section (including the CFTC's regulatory authority over the spot market) is generally considered less controversial than the securities attributes section in the cryptocurrency market structure discussions, this discussion draft still carries a noticeable partisan tone. It has not yet received the endorsement of key Democratic negotiators, although many provisions previously negotiated with Democrats have been included. Overall, the legislative text from the Senate Agriculture Committee aligns with market expectations, with its core being the establishment of a regulatory framework for the digital commodities spot market centered around the CFTC. Compared to the related topics being discussed by the Senate Banking Committee, this version has a narrower scope and is relatively less politically sensitive and controversial.

According to Chainwire, Lazbubu, an AI companion project in the BNB Chain ecosystem, announced the completion of a strategic funding round led by Metis, with participation from Hotcoin Labs, Honey Capital, APUS Capital, and Becker Ventures. This round of financing will be used for core product development, global user growth, ecosystem partnership expansion, and further improvement of the DAT (Data Anchored Token) mechanism.Lazbubu is an on-chain AI companion agent based on the DAT mechanism, which achieves personalized growth by recording user interaction data (such as conversations, decisions, etc.). All data is anchored through the BNB Chain, ensuring continuous verifiability and user control. Its testnet phase attracted over 80,000 users, generating more than 1 million interactions.The DAT mechanism supports real-time minting of AI interaction behaviors as on-chain assets, allowing users to view, transfer, or combine related data. Future plans for the project include expanding multimodal interaction capabilities, achieving cross-chain compatibility, and launching a community governance mechanism.

According to Techfunding News, the UK government has invested £25 million in Kraken, the technology division of Octopus Energy, through the British Business Bank, aiming to encourage this $8.65 billion valued tech company to choose to list in London rather than overseas within the next 18 months.

Trove Markets stated that due to the liquidity partner withdrawing the 500,000 HYPE required for the Hyperliquid integration, the project has decided to shift its development to the Solana network. Trove Markets had previously raised over $11.5 million through a token sale, which was originally intended for the Hyperliquid integration. This decision has sparked criticism from the community, with some supporters demanding immediate refunds.Trove Markets developer Unwise stated that the team will rebuild the DEX from scratch on Solana. Currently, the TROVE token generation event is still scheduled for Monday, but more time is needed for the migration and refund processing. Additionally, ZachXBT has detected multiple unusual transfers involving HYPE movements.

The Senate Banking Committee has canceled the scheduled hearing on Thursday for the CLARITY Act (the Crypto Market Structure Act) revisions. According to crypto journalist Eleanor Terrett, dissatisfaction among industry players erupted this Wednesday, with Coinbase leading the way in announcing its withdrawal of support for the bill. They complained that lawmakers made excessive concessions to banks and traditional financial institutions after proposing amendments to a lengthy 278-page bill, particularly regarding stablecoin yields and tokenization.Critics argue that the CLARITY Act itself is already biased in favor of traditional institutions. Meanwhile, some Democrats insist on establishing ethical standards for senior government officials, including the president, to prohibit them from profiting from cryptocurrency projects. Democrats have previously been at an impasse with the White House on this issue.Currently, Banking Committee Chairman Tim Scott stated in a statement announcing the postponement of the meeting that "everyone is still working sincerely at the negotiating table," but did not reveal when the committee would reschedule the review. The Senate will be in recess next week for Martin Luther King Jr. Day and will reconvene the following week. During that time, the Senate Agriculture Committee is expected to hold a review, which had also been postponed from this Thursday.

According to crypto journalist Eleanor Terrett, after months of tense negotiations among Senate Republicans, Democrats, and industry stakeholders, a bipartisan text of the 278-page crypto market structure bill has been released. Banks may gain an advantage in this round of stablecoin yield disputes.The latest draft (page 189) stipulates that companies cannot pay interest solely based on users holding a balance. Users can earn rewards, but only if the rewards are associated with activities such as account opening, conducting transactions, staking, providing liquidity, collateralizing assets, or participating in network governance. Senators now have 48 hours to propose amendments to the bill text, so it remains unclear whether these provisions will remain unchanged by Thursday.

X product lead and Solana advisor Nikita Bier posted on the X platform, stating that since last October, there has been a notion circulating in crypto tweets (CT) that users need to reply hundreds of times daily to achieve account growth. However, each post consumes part of the day's influence, and since ordinary users only browse 20 to 30 posts a day, the platform cannot showcase all of a user's posts to all their followers. As a result, crypto Twitter users ultimately waste all their influence on hundreds of "gm" replies, while only a few pay attention when they post substantial content like project announcements. The decline of crypto tweets stems from their own behavior rather than algorithm issues, claiming that "CT is dying from suicide."This statement sparked dissatisfaction within the crypto community, with LedgArt co-founder KALEO pointing out that Nikita Bier does not support user growth and a long-term online user base from the users' perspective, and is attempting to stifle the crypto community on the X platform. He called for Nikita Bier to resign, and currently, Nikita Bier has deleted the related tweet.

Crypto journalist Eleanor Terrett posted on X platform that a newly emerged crypto advocacy group "Investors For Transparency" has aired advertisements during Fox News' prime time, calling on the public to oppose the provisions regarding decentralized finance (DeFi) in the upcoming crypto market structure bill, which is set to be voted on next week. The DeFi provisions have been one of the most controversial parts, sparking intense debates among lawmakers, traditional finance (TradFi), and within the cryptocurrency industry. Notably, UniSwap founder Hayden Adams revealed that the funding sources and supporter information of this crypto advocacy group seem to be very "mysterious" and have not been publicly disclosed.

Sources reveal that bipartisan senators are gradually accepting the banking industry's lobbying group's request to adjust the stablecoin yield rules in the GENIUS Act.The related adjustment paths include: adopting the proposal put forward by Senator Alsobrooks, which limits yields to the transaction stage (more supported by Democrats); or requiring that only institutions holding a bank charter from the Office of the Comptroller of the Currency (OCC) can offer stablecoin yields, the latter being considered more friendly to certain parts of the crypto industry, but controversial in the DeFi space. Additionally, it is reported that Scott is expected to submit the House version of the CLARITY Act as a placeholder text tonight to initiate the review process next week, with the formal text needing to be submitted by midnight on Monday at the latest. Furthermore, industry insiders involved in communications with Senate staff have indicated that the previous notion of "needing to pray for the bill to pass" was more of a light-hearted joke rather than a pessimistic judgment on the legislative prospects, and the final direction may gradually become clearer in the coming days.