Polygon Layoffs Nearly 30%, Shifts Focus to "Payments First" Strategy

January 16 — Earlier this week, Coinbase pulled its support for the 2020 Cryptocurrency Act (commonly known as the CLARITY Act), labeling it a “de facto ban on tokenized stocks.” But multiple tokenization firms are pushing back, arguing the legislation does not ban tokenized assets—instead, it clarifies their status as regulated digital securities. Securitize CEO Carlos Domingo said the current draft “does not kill tokenized stocks.” He noted the bill simply confirms tokenized stocks remain securities and must comply with existing rules—a key step toward integrating blockchain into traditional markets. Dinari CEO Gabe Otte echoed that opposition, stating, “We do not believe the CLARITY Act is a ‘de facto ban’ on tokenized stocks.” Superstate—the asset management and tokenization firm led by Compound founder Robert Leshner—also took a similar stance. Its general counsel, Alexander Zozos, said the act’s real value lies in addressing gray areas for crypto assets that don’t clearly q

**Binance to Suspend Deposits/Withdrawals for Specific Network Tokens Jan. 22, 2026** Jan. 16 — Binance will pause deposit and withdrawal services for the following network-specific tokens at 16:00 UTC+8 on Jan. 22, 2026, per official sources. After 16:00 UTC+8 on that date, deposits of these tokens will not be credited to users’ accounts and may lead to asset loss. Affected tokens and their networks: - Arbitrum (ARB) on Ethereum Network - 1Inch (1INCH) on BNB Smart Chain - Kite (KITE) on AVAX-C Chain - 0G (0G) on Ethereum Network - Turbo (TURBO) on Solana Network

On January 16, open-source AI platform Sentient unveiled its SENT tokenomics. Total SENT token supply amounts to 34,359,738,368, with allocations broken down as: 44% for community incentives and airdrops, 19.55% for ecosystem development, 2% for public sale, 22% for the team, 12.45% for investors.

On January 16, crypto reporter Eleanor Terrett noted: “After the U.S. Senate Banking Committee canceled the CLARITY Act amendment hearing, industry participants, legislators, and committee staff have had time to process yesterday’s events and potential next steps. Still, many remain angry over how the situation was handled yesterday.” Some industry insiders and contacted Banking Committee staff agree the situation isn’t entirely without hope. If relevant parties—banks, Coinbase, and Democratic lawmakers—can strike a deal on the yield issue in the coming days, the bill will likely move forward. Regarding tokenized securities (tied to ongoing SEC and CFTC research and a potential notice-and-comment period), two factors mean this is no longer a top concern: 1. Tokenization firms now say the provisions Coinbase had flagged were taken out of context. 2. Some stakeholders—including Coinbase CEO Brian Armstrong—have expressed hope the provisions will see major revisions or be scra

On Jan 16, data from Coinbob Popular Address Tracker (https://t.me/Coinbob_track_CN) shows: Over the past 2 hours, the address "pension-usdt.eth" fully closed its ETH long position, realizing a profit of ~$740,000. It then switched to longing BTC with 3x leverage, currently holding a position worth $69 million at an average entry price of $95,600. As of press time, it’s still actively adding to the position — based on its position trend over recent months, the size may yet exceed $80 million. Monitoring indicates this whale’s strategy focuses on low leverage and short holding periods (average ~23 hours), with BTC and ETH as its main targets. Since October, it has accumulated over $21 million in total profits. The address has recently been transferring substantial profits from Hyperliquid to yield markets; its total borrowings on AAVE now stand at ~$26.71 million.