deadlock

According to official social media news, Huobi HTX will hold a themed live broadcast event titled "NACHO vs TACO: New Market Logic Under the Hormuz Stalemate" today at 8 PM. At that time, crypto KOLs such as Sister Mao, OxPink, the Sincere Little Taoist, and Mo Ran will be invited to attend and discuss popular topics such as the changes in global risk asset pricing logic against the backdrop of the ongoing Hormuz Strait stalemate, the linkage effects between commodities and the crypto market, as well as the future trends of BTC and the evolution of market risk aversion sentiment.

According to Jinshi reports, due to the lack of progress in the US-Iran peace talks, oil prices have risen, triggering market concerns about prolonged disruptions and intensified inflation, leading to a 1% drop in gold futures prices. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that the market increasingly expects interest rates to rise to address inflation risks associated with high energy prices, which is unfavorable for gold. Meanwhile, strong US labor market data continues to support market expectations that the Federal Reserve will maintain high interest rates for a longer period.

According to Reuters, negotiations on cryptocurrency legislation in the U.S. have hit a new impasse as the banking sector has stated it cannot support the compromise proposed by the White House. This proposal allows stablecoin issuers to offer yield products in specific scenarios such as peer-to-peer payments, but prohibits offering yields on idle holdings. Crypto companies have accepted this compromise, but banks still wish to strictly limit the scope of businesses that can offer rewards, believing that the related terms could trigger deposit outflows. Standard Chartered estimates that by the end of 2028, stablecoins could siphon off about $500 billion in deposits from the U.S. banking system.Trump posted on the Truth Social platform that he would not allow the banking sector to "undermine our strong crypto agenda." Companies in the crypto industry, including Coinbase, Ripple, and the Blockchain Association, have participated in the negotiations. Blockchain Association CEO Summer Mersinger stated that "the path to a viable agreement is clearer than it was a month ago."The bill also faces other challenges: it needs the support of at least seven Democratic senators, and some Democrats are calling for a ban on elected officials profiting from crypto businesses, while other lawmakers are urging the inclusion of stricter anti-money laundering provisions. The bill also needs to be reconciled with the version from the Senate Agriculture Committee and compete for scheduling in a limited Senate agenda alongside other bills such as housing policy reform. Adrian Wall, Managing Director of the Digital Sovereignty Alliance, stated that if the bill is not sent to the president for signing by July, the midterm elections will close the window for passage.

The U.S. cryptocurrency legislation negotiations have hit a new deadlock. The banking sector has stated that it cannot support the compromise proposed by the White House, which allows stablecoin issuers to offer yield products in specific scenarios such as peer-to-peer payments, but prohibits providing yields on idle holdings. Crypto companies have accepted this compromise, but banks still wish to strictly limit the scope of businesses that can offer rewards, believing that the relevant terms may trigger deposit outflows.Standard Chartered estimates that by the end of 2028, stablecoins could siphon off about $500 billion in deposits from the U.S. banking system. Trump stated on the Truth Social platform that he would not allow the banking sector to "undermine our strong crypto agenda." Crypto industry participants, including Coinbase, Ripple, and the Blockchain Association, have been involved in the negotiations. Blockchain Association CEO Summer Mersinger stated that "the path to a viable agreement is clearer than it was a month ago." The bill also faces other challenges: it needs the support of at least 7 Democratic senators, with some Democrats calling for a ban on elected officials profiting from crypto businesses, while other lawmakers are urging the inclusion of stricter anti-money laundering provisions. The bill also needs to be reconciled with the version from the Senate Agriculture Committee and compete for scheduling against other bills, such as housing policy reforms, in the limited Senate agenda.Adrian Wall, Managing Director of the Digital Sovereignty Alliance, stated that if the bill is not submitted to the president for signing before July, the midterm elections will close the window for passage.

Galaxy Research Director Alex Thorn posted on the X platform that, although U.S. Senate Banking Committee Chairman Tim Scott has not announced a new hearing date, the Banking Committee may reconvene for a revised hearing as early as the week of January 26 to 30, since the Senate will be in recess next week. The Senate Agriculture Committee, which handles CFTC-related matters, has also postponed its revised hearing to January 27.Previously, Tim Scott announced the postponement of the hearing on the cryptocurrency market structure bill. It is reported that the issue of stablecoin yields is a key sticking point in the negotiations. Banking lobby groups are actively pushing to restrict stablecoin rewards, fearing that interest-bearing stablecoins could siphon off bank deposits and undermine the stability of the banking system. Compromise proposals put forward to gain support from lawmakers were ultimately deemed unacceptable by the stablecoin industry. Some believe this issue is vital to their survival, while other unresolved issues include restrictions on DeFi and illegal activities, as well as limitations on tokenized securities innovation.

According to Cointelegraph, researchers from the cybersecurity company Group-IB have discovered a ransomware called "DeadLock" that is using Polygon smart contracts to hide itself and rotate proxy addresses.This ransomware was first identified in July last year, and it dynamically updates the command and control infrastructure addresses used to communicate with victims by invoking specific smart contracts. Once a victim is infected and data is encrypted, DeadLock issues a ransom note threatening to sell the stolen data if demands are not met.Researchers pointed out that storing proxy addresses on-chain makes its infrastructure extremely difficult to dismantle, as there is no central server that can be shut down, and blockchain data is permanently retained across global nodes. This method of abusing smart contracts to relay proxy addresses is highly variable. Although DeadLock currently has low exposure and a limited number of known victims, its novel attack techniques still pose a potential threat to organizations that do not take it seriously.

According to monitoring by Group-IB, the ransomware family DeadLock is using Polygon smart contracts to distribute and rotate proxy server addresses to evade security detection.This malware was first discovered in July 2025, embedding JS code that interacts with the Polygon network within HTML files, using an RPC list as a gateway to obtain server addresses controlled by the attacker. This technique is similar to the previously discovered EtherHiding, aiming to leverage decentralized ledgers to construct covert communication channels that are difficult to block. DeadLock currently has at least three variants, with the latest version also embedding the encrypted communication application Session to directly communicate with victims.

According to a report by Wall Street Watch, on Tuesday, the current U.S. government shutdown entered its 35th day, matching the longest shutdown record set in 2018-2019. This deadlock is causing significant waves in the financial markets, with analysts suggesting that its effect on liquidity is comparable to multiple rounds of interest rate hikes.Senate Majority Leader John Thune proposed a potential solution on Tuesday, aiming to combine a bill providing short-term funding for the government with a voting opportunity to extend subsidies under the Affordable Care Act (ACA). This proposal is seen as a key step to breaking the deadlock, designed to meet the core demands of the Democrats that have persisted since September.Some Republican lawmakers predict that the deadlock may end this week. Republican Senator Markwayne Mullin from Oklahoma expressed that he is "very confident" about reaching an agreement this week, specifically noting, "I think we have a chance to finish by tomorrow (Wednesday) night... but more likely on Thursday."However, President Trump has once again pressured Republicans to abolish the Senate's "filibuster" rule, and the apparent divisions within the Democratic Party over compromise proposals add uncertainty to the final agreement.

ChainCatcher live report, Tether USAT CEO Bo Hines shared a keynote speech titled "How U.S. Policy Will Accelerate Global Cryptocurrency Adoption" at this year's Token 2049 conference in Singapore.Bo Hines revealed that the U.S. has jumped from being a laggard in cryptocurrency regulation to a global leader. Hines, who previously served as the Executive Director of the White House's Digital Assets Presidential Advisory Committee, was a key figure in pushing the U.S. "Genius Act" stablecoin regulation bill, which passed rapidly in six months, setting a legislative record in Washington.He pointed out that Tether serves 500 million users worldwide, and the "Genius Act" not only updates outdated payment systems but also paves the way for a 24/7 trading market, tokenized securities, and instant cross-border remittances.Hines emphasized that countries wishing to enter the U.S. capital markets must adopt similar regulatory standards, predicting that in the coming decade, tokenization will explode in tandem with stablecoin adoption. He stated, "When consumers are unknowingly using stablecoins for transactions, the game has completely changed."

ChainCatcher news, encrypted journalist Eleanor Terrett posted on the X platform that the jury in the case of Tornado Cash co-founder Roman Storm has deadlocked on some charges today.Judge Failla immediately issued an Allen charge, instructing the jury to resume deliberations. If the deadlock continues, the court will accept partial verdicts, and the government may refile the remaining charges. The results of the jury's renewed deliberation are currently awaited.

ChainCatcher news, TronBank.Pro will attend the "Crypto 2025: Breaking the Deadlock and New Beginnings" event on April 8. TronBank.Pro is an energy leasing and TRX staking financial platform within the TRON ecosystem, dedicated to helping users save on transaction and transfer fees on the TRON blockchain, while also enabling users to increase their earnings by staking idle TRX.It is reported that the "Crypto 2025: Breaking the Deadlock and New Beginnings" event will be held on April 8 from 14:00 to 18:00 at the 2nd floor of the Hong Kong Dorsett Event Hall (28 Stanley Street, Central). The event is co-hosted by Web3 data company RootData and ChainCatcher. This event will invite several leaders from the crypto industry, representatives of cutting-edge innovative projects, top VCs, and well-known KOLs, focusing on hot topics in crypto such as AI, RWA, and PayFi, to discuss the future of the industry.

ChainCatcher news, OKX Chinese Brand Director Lanng will attend the "Crypto 2025: Breaking the Deadlock and New Birth" event on April 8.It is reported that the "Crypto 2025: Breaking the Deadlock and New Birth" event will be held on April 8 from 14:00 to 18:00 at the 2nd floor of the Hong Kong Convention and Exhibition Centre (28 Stanley Street, Central). The event is co-hosted by Web3 data company RootData and ChainCatcher. This event will invite multiple leaders from the crypto industry, representatives from cutting-edge innovation projects, top VCs, and well-known KOLs to focus on hot topics in crypto such as AI, RWA, and PayFi, discussing the future of the industry.

ChainCatcher news, Aethir's Chief Architect Jaden Yan will attend the "Crypto 2025: Breaking the Deadlock and New Birth" event on April 8. Aethir is a decentralized real-time rendering network that unlocks content accessibility in the metaverse. Aethir builds scalable, decentralized cloud infrastructure (DCI), and its network helps gaming and AI companies (regardless of size) deliver their products directly to consumers, no matter where they are or what hardware they have.It is reported that the main event of "Crypto 2025: Breaking the Deadlock and New Birth" is hosted by Web3 data company RootData and ChainCatcher during the Hong Kong Web3 Festival HK.The event will be held on April 8 from 14:00 to 18:00 at the 2nd floor of the Hong Kong Convention and Exhibition Centre (28 Stanley Street, Central, Hong Kong), focusing on hot topics in crypto such as AI, RWA, and PayFi, gathering industry leaders to explore trends and help investors seize new market opportunities.Several representatives from cutting-edge innovative projects, including Solana Foundation advisor Adam Jin, Alchemy Pay ecosystem head Arda Senoz, and Avalanche Chinese market head Jenny, will attend. In addition, top VCs and well-known KOLs will also gather on-site to discuss the future of the industry.Click link to register now, and industry professionals are welcome to participate in the exchange.