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Celo Upgrade to Tokenomics to Potentially Include Buyback or Burn Mechanism

2 hours ago

On January 21st, Celo announced that the Celo Foundation and cLabs have formally merged to create a unified core contribution organization, tentatively named Celo Core Co. The restructuring and integration aim to accelerate the development and delivery pace of the Celo platform by 2026, while better aligning with market demand. Separately, Celo officials noted that details on the CELO tokenomics upgrade—including a potential buyback and burn mechanism—will be released soon.
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Monad Development Team plans to conduct a public market buyback of MON tokens in the first half of 2026.

On January 21, Category Labs—the development team behind the Monad blockchain—announced via an X post that it may conduct a public market buyback of up to $30 million worth of MON tokens in the first half of 2026, subject to applicable regulations. Category Labs noted the buyback is discretionary and may be initiated, paused, or terminated at any time. The announcement does not constitute a commitment to purchase a specific token amount; instead, it signals the team will consider opportunistic buybacks based on market conditions.

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A whale who bought SOL at the peak two years ago and staked is now facing a loss of over $6.6 million upon selling

On January 21st, LookOnChain monitoring data reveals a whale deployed the degen-retard.sol contract roughly two years ago, withdrawing 99,153 SOL from Binance at ~$192 per SOL (valued at $19 million) and staking the tokens. Today, the whale dumped its remaining 98,328 SOL (valued at ~$12.34 million) and sold via a dollar-cost averaging (DCA) strategy. After staking SOL for nearly two years, the whale not only failed to profit but incurred losses exceeding $6.6 million.

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Bitcoin Surges Above $90,000, Ethereum Nears $3,000

HTX market data shows the crypto market extended its rebound on January 21, following a mild statement from former President Trump. Bitcoin climbed back above $90,000, last trading at $90,143—down 0.53% over the past 24 hours.

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「BTC OG Insider Whale」 Agent: Crypto Market Short-Term Dip Should Not Be Attributed to Greenland Event

On January 21, Garrett Jin—an agent with “BTC OG Insider Whale”—took to social media to push back against claims linking Ethereum’s short-term drop to the “Greenland Event,” arguing the assertion lacks solid evidence. Jin noted U.S. stock declines are primarily driven by internal rotation within the tech sector, while Tuesday’s global asset sell-off stemmed more from a broad bond dump. Separately, Bessemer, alongside Japan’s Finance Minister, has taken steps to stabilize Japanese government bonds (JGBs) and U.S. Treasuries. Former President Trump has also begun reassuring the stock market.

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An anonymous whale who accumulated BTC at a high three months ago has transferred 2000 BTC to Binance.

On January 21, LookOnChain data shows that whale address bc1q8g — which purchased 2,000 BTC three months ago at approximately $109,759 per coin (valued at $2.195 billion then) — has just deposited all of that BTC into Binance. The holding is now worth roughly $1.787 billion. If the whale sells the BTC, it would incur a $40.8 million loss.

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The tokenization startup Cork has raised a $5.5 million seed round, with CSX and a16z leading the investment.

Jan. 21 — Tokenization startup Cork has closed a $5.5 million seed funding round, per The Block. The round was led by CSX, a16z and Road Capital, with participation from BitGo Ventures, Cooley, IDEO Ventures, PEER VC and WAGMI Ventures, among others. Cork is a risk-tokenization-focused startup building a "programmable risk layer" to tokenize and trade latent risks tied to emerging real-world asset classes.

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