U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

January 31st: Per Bitget market data, spot silver fell again, breaking below $94 per ounce with an 18.62% intraday drop.

Binance founder Changpeng Zhao (CZ) addressed recent market FUD in an AMA on January 31, stating: "Some users claimed the sharp market drop was tied to a system issue. From what I can tell, Binance did experience performance glitches during peak hours. All affected users have already received proper compensation from the exchange, I believe. Binance has gone above and beyond to support its users. That said, no technology is infallible—no website or exchange can guarantee 100% uptime. Internet outages, Cloudflare issues, even X (Twitter) downtime happen to every platform. If your trading strategy relies on everything always working perfectly, any breakdown in the chain will lead to losses, which probably means you’re taking on too much risk. While Binance’s user terms explicitly note such incidents may occur and the platform isn’t liable, the exchange has still compensated affected users well—even though it wasn’t required to. Additionally, many users with no connection to the

On January 31, Binance founder Changpeng Zhao (CZ) addressed online allegations during an AMA session. Some bizarre claims have circulated, such as: “With a net worth of $92 billion, did you sell off all user assets? Did you cash out cryptocurrency to amass that $92 billion?” CZ clarified the $92 billion figure comes from Forbes’ valuation, noting a Forbes net worth estimate does not equal actual cash in hand. “I haven’t cashed out any company stock, nor sold cryptocurrency for fiat,” he stated. “I have no intention of doing so, and I don’t want to hold fiat—including stablecoins; I believe they’ll lose value over the long term. I prefer holding BTC, BNB, and other cryptocurrencies.” He concluded the accusations are unfounded.

On January 31, Senate Democratic Leader Chuck Schumer said Republicans "absolutely cannot" move forward with Wash's nomination if the Department of Justice (DOJ) does not drop the charges against Powell.

January 31st. Binance founder CZ addressed key concerns during an AMA today: Regarding recent events, let’s clear up the top complaint I’ve seen: some allege Binance was behind the October 10 market crash. Here’s what you need to know: First, the tariff announcement dropped prior to the market decline—this drop had nothing to do with Binance’s systems or actions. Every other major exchange in the space was also handling a surge in trading volume tied to that news; that’s an undeniable fact. Second, claims that Binance engaged in wash trading or intentionally suppressed prices are false. Binance does not trade crypto to profit. Both the platform and I personally hold a large Bitcoin position, but this is disclosed on our balance sheet as our own capital—unlike firms like MicroStrategy, which raise investor funds to buy Bitcoin. From a balance sheet perspective, Binance may be one of the world’s largest Bitcoin holders. Additionally, the logic of “wash trading causing a crash

On January 31, Federal Reserve Governor Milan stated: "I expect Wash will take my seat on the Federal Reserve Board. Wash is a great choice." (FX168)