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Mask Founder Responds to Lens Takeover: No Clear Coin Release Schedule Yet, Will Support Prediction Markets and Multi-Chain

2 hours ago

On January 21, Mask founder Suji Yan spoke to BlockBeats in an interview addressing the Lens situation, sharing key updates: - Strictly speaking, Mask has not acquired the Lens protocol. The two sides debated terminology at length before settling on "steward" — a role focused on leadership rather than ownership. - Lens founder Stani will shift his focus to Aave’s DeFi business going forward, though he will remain an advisor to Lens. - For future product development, Lens will uphold open principles, including multi-chain compatibility, multi-language support, and integration of prediction markets. - Lens has no firm plans for a token launch. The team wants to avoid users interacting solely for rewards or engagement-driven motives, instead prioritizing genuine social connections. For the full interview, visit: Mask Founder Responds to Lens Takeover: A Product Emphasizing Weak Finance and Strong Social Interaction Is Crypto’s Future Direction
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On-chain Night Recap: Whale Whirlwind Operations Shake Up Mainstream Coin Holdings

**January 21st Crypto Whale Moves (10AM–8PM ET) – HyperInsight Monitoring** ### Bullish Signals: - Swing trader whale **pension-usdt.eth**: Fully closed its Bitcoin (BTC) long position and opened a **3x leveraged ETH short** worth $73.52M. - Profit-taking whale: Racked up $98.18M in total swing trading gains and re-opened a 20,000 ETH position. - "On-chain gold’s largest bull": Took profits on its PAXG long position ($330k gain), cutting the position from $7.3M to $3.58M. ### Bearish Signals: - "Lightning Reversal" whale: Closed its ETH short for a $1.312M profit and increased its BTC long position. - Swing whale **nemorino.eth**: Sold 3,000 WETH. *Source: [HyperInsight](https://t.me/HyperInsight)*

6 minutes ago

The Day Trader Whale "pension-usdt.eth" has completely closed its Bitcoin long position, going short 3x with $73.52 million worth of ETH

On January 21, Hyperinsight data indicates Binance whale address "pension-usdt.eth" has fully closed its Bitcoin long position and opened a 3x ETH short position worth $73.52 million USDT, with an average entry price of $2,927.33.

6 minutes ago

Solana Policy Institute Calls for Strengthening Legal Protections for Software Developers

On January 21, the Solana Policy Institute published a public letter addressing the conviction of Tornado Cash developer Roman Storm. The institute framed the case not as an isolated incident, but as a critical test of whether the U.S. will continue to support open technology innovation. It called for clearer legal protections for developers of non-custodial software, noting that the latest text of the Senate Banking Committee’s crypto regulation bill includes provisions stating developers who do not control user funds should not be classified as money transmitters. (Source: The Block)

6 minutes ago

Bloomberg: Wall Street Institutions Exiting Bitcoin ‘Cash and Carry’ Arbitrage

January 21st (Bloomberg) — A key arbitrage trade in crypto derivatives markets is unwinding. Wall Street firms had previously used a “cash-and-carry” strategy: buying physical Bitcoin while selling futures to capture the spread. But a flood of capital has sharply narrowed that spread, pushing annualized returns down from roughly 17% a year ago to about 4.7% now — barely enough to cover funding costs. Market participants note the era of nearly risk-free high returns may be over, with traders now shifting to more complex strategies in decentralized markets. CME Group reports institutional investors are diversifying away from Bitcoin into other tokens like Ethereum.

6 minutes ago

Sweden's largest pension fund has sold off the vast majority of its US Treasury holdings

January 21st, Sweden’s largest pension fund Alecta sold off most of its U.S. Treasury holdings, with the transaction totaling roughly 70 billion to 80 billion Swedish krona (equivalent to $7.7 billion to $8.8 billion). The fund attributed the move to heightened U.S. policy risk and unpredictability. The day prior, Danish pension fund Akademiker Pension announced it had divested approximately $100 million in U.S. Treasuries, citing growing concerns about U.S. fiscal sustainability and credit risk tied to policy direction shifts.

6 minutes ago

KindlyMD has been renamed to Nakamoto and disclosed holding approximately 5400 BTC, with a portfolio value of over $500 million.

January 21 — Nasdaq-listed Bitcoin treasury firm KindlyMD has officially rebranded as Nakamoto, aiming to align its corporate image with its long-term Bitcoin ecosystem strategy, clarify its goals, and advance plans supporting Bitcoin’s long-term success. Additionally, the company disclosed it has accumulated approximately 5,400 bitcoins since launching its Bitcoin treasury strategy, with the portfolio’s current market value exceeding $500 million. (Businesswire)

6 minutes ago

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