News & Research

An address believed to belong to Sharplink Gaming, a Nasdaq-listed strategic investor in ETH, deposited 5,533 ETH ($16.52 million) to a Galaxy Digital over-the-counter (OTC) address approximately three hours ago, EmberCN reported. Over the past two days, the same address has sent a total of 10,975 ETH ($33.54 million) to Galaxy Digital.

21Shares is set to launch a spot SOL exchange-traded fund (ETF) today, according to Bloomberg ETF analyst Eric Balchunas. The fund will debut with $100 million in initial assets under management.

The end of the U.S. government shutdown is expected to lead to a wave of cryptocurrency ETF launches, according to Matt Hougan, CIO of Bitwise. In an interview with CNBC, he stated that the resumption of government operations will spur legislation in the crypto sector, triggering the release of related investment products like ETFs. Hougan said he personally expects the launch of over 100 such products, with particularly strong growth anticipated for index-based crypto ETPs.

An address linked to BlackRock's spot Bitcoin ETF (IBIT) has transferred 6,735 BTC, worth $610 million, to Coinbase Prime over the past 15 minutes, according to Onchain Lens. Around the same time, the address also sent 64,706 ETH ($190 million) to the same destination. Onchain Lens noted that it is highly likely the IBIT address will make additional transfers. Coinbase Prime is a prime brokerage platform that provides large-scale trading and custody services for institutional investors.

Oracle solutions provider RedStone (RED) announced it has deployed its oracle models on the public testnet for GIWA, a proprietary OP Stack-based Layer 2 blockchain developed by South Korean crypto exchange Upbit. GIWA builders can now access RedStone's data feeds on the testnet.

U.S. hedge fund Renaissance Technologies has disclosed a holding of $46 million in Strategy stock, according to BitcoinTreasuries.

Ethereum founder Vitalik Buterin warned at the Devcon developer conference that quantum computing could break Elliptic Curve Cryptography (ECC) before the 2028 U.S. presidential election, Solid Intel reported. He strongly urged a transition to quantum-resistant cryptography within the next four years. Most blockchains, including Bitcoin and Ethereum, currently use ECC to generate private and public keys and to authenticate transactions. The security standard is considered virtually unbreakable with current computers, with estimates suggesting it would take thousands of years to compromise. Buterin's recent warning marks a shift from his 2019 stance, when he suggested a significant gap existed between achieving quantum supremacy and developing a practical, usable quantum computer. At the time, he compared the difference to that between a hydrogen bomb and controlled nuclear fusion.

An address presumed to belong to Bitmine purchased an additional 21,045 ETH, valued at $64.3 million, from Kraken six hours ago, Onchain Lens reported.

Federal prosecutors in Chicago have indicted Firas Isa, the founder of Bitcoin ATM company Virtual Assets LLC, on charges of laundering at least $10 million in illicit funds. According to Decrypt, Isa has pleaded not guilty. A hearing is scheduled for Jan. 30, 2026.

SG-Forge, the cryptocurrency subsidiary of Societe Generale, has completed the issuance of its first digital U.S. bond using blockchain technology, CoinDesk reported. The bond utilizes tokenization technology from Broadridge Financial Solutions and is based on the Canton Network, a privacy-focused blockchain infrastructure. The short-term bond, which is linked to the Secured Overnight Financing Rate (SOFR), was purchased by trading firm DRW.