BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

On January 15th, cross-chain aggregation DeFi platform Infinex announced the conclusion of its public sale. Key details: - 868 total participants - Raised 7.214 million USDC - $5 million in subscriptions equates to a 5% allocation of the INX supply - ~$2.21 million in refunds issued - After removing ~$1.2 million from a whale address, the maximum allocation per participant is $245,000 - 99.5% of participants received full allocations - Refunds have been credited to users’ Infinex accounts Additionally, the Token Generation Event (TGE) is set for January 30th.

On January 15th, Binance’s One-Click Buy, Swap, Leverage, and Futures products will list Frax (FRAX).

January 15th — GMGN monitoring indicates the 10-day "USD1 Trading Competition" restart on BNB Chain may be driving meme coin momentum today. Previously top BSC meme coins from the USD1 competition are surging again, while older USD1 pool memes (e.g., Z and E) with smaller market caps jumped over 300% before sharp retracements. Key details below: - **B**: ~6% 24-hour gain | Market cap: $248M | Current price: ~$0.248 - **EGL1**: ~29% 24-hour gain | Market cap: $22.2M | Current price: ~$0.22 - **E**: ~110% 24-hour gain | Peaked at $1.9M market cap this morning, now at $400k | Current price: ~$0.0004 The prior USD1 Trading Competition ran roughly May-July 2025, co-hosted by WLFI, BUILDon, Four.meme, PancakeSwap, and BNB Chain, with a total prize pool exceeding 1 million USD1 tokens. BlockBeats caution: Meme coin trading is highly volatile, heavily tied to market sentiment and hype, and lacks tangible value or use cases. Investors should exercise extreme caution amid these risk

On January 15, crypto journalist Eleanor Terrett reported that the Senate Banking Committee has canceled its scheduled Thursday markup hearing for the "CLARITY Act" (Crypto Market Structure Act). Beyond Coinbase’s announcement to withdraw its support for the bill, industry members voiced widespread dissatisfaction Wednesday over the 278-page amended legislation—specifically criticizing lawmakers for making excessive concessions to banks and traditional financial institutions, particularly around stablecoin yields and tokenization. Critics argue the CLARITY Act was already biased toward traditional institutions. Meanwhile, some Democrats are pushing to include ethics provisions for senior government officials (including the president) to bar them from personally profiting from cryptocurrency projects—a point of repeated tension between Democrats and the White House. Senate Banking Committee Chair Tim Scott said in a postponement announcement, “Everyone remains engaged in sincer

Binance announced on January 15 that it will update its VIP Program and adjust trading fee rules/volume calculations for select FDUSD pairs, effective January 29, 2026, at 00:00 UTC. Key details: - For designated FDUSD spot and margin trading pairs (BTC/FDUSD, BNB/FDUSD, DOGE/FDUSD, ETH/FDUSD, LINK/FDUSD, SOL/FDUSD, XRP/FDUSD): - Maker fees will remain **0%** - Taker fees will apply at standard rates - Trading volume for these pairs will count toward all users’ market maker and VIP level volume calculations. This aligns with U.S. English conventions: concise, clear, and structured for quick scanning (common in crypto news alerts). No Chinese characters included.

On January 15, per Onchain Lens data, the LIT token price continued sliding, triggering the partial liquidation of a whale’s long position—resulting in a loss of roughly $509,000. The whale still holds an open position, with its next liquidation level set at $1.49.