A whale transferred 1000 ETH to Binance after a year of hibernation

On January 11th, Johann Kerbrat—Robinhood’s Head of Cryptocurrency—said the firm chose to build an Ethereum Layer-2 network based on Arbitrum instead of launching a standalone Layer-1. The primary reason? To directly leverage Ethereum’s security, decentralization, and EVM ecosystem liquidity, allowing Robinhood to focus on core products like stock tokenization. Robinhood’s proprietary Layer-2 is currently in a private testnet phase, with tokenized stocks already deployed on Arbitrum One. Going forward, assets and liquidity can be seamlessly migrated to the new chain once it launches. To date, the number of Robinhood’s tokenized stocks has grown from roughly 200 to over 2,000. (CoinDesk)

On January 11, blockchain analytics firm TRM Labs reported that Iran’s Islamic Revolutionary Guard Corps (IRGC) has moved roughly $1 billion via two UK-registered crypto exchanges—Zedcex and Zedxion—since 2023 to evade international sanctions. IRGC-linked transactions accounted for 56% of total volume on the two platforms from 2023 to 2025, primarily using USDT on the Tron network. The funds grew from around $24 million in 2023 to $619 million in 2024, then $410 million in 2025. The exchanges claim to comply with anti-money laundering (AML) regulations but did not respond to requests for comment, per The Block.

On January 11, Ethereum Layer 2 network Starknet released a post-incident analysis report for Monday’s brief mainnet outage. The incident stemmed from a state inconsistency between its execution layer (blockifier) and proof layer: under specific combinations of cross-function calls and rollbacks, the execution layer incorrectly logged state changes that had already been rolled back—leading to transaction execution failures. Affected transactions did not receive L1 finality confirmation. This event triggered a chain reorganization, rolling back roughly 18 minutes of on-chain activity. It marks the second major disruption for Starknet since 2025: the prior September outage lasted over 5 hours due to a sequencer bug, rolling back about 1 hour of on-chain activity.

January 11 – Multiple U.S. officials familiar with the matter told The New York Times that as Iran’s domestic protests unfold, President Trump recently received a briefing on a new military strike plan against Iran and is weighing following through on his earlier threats to target the country. The report notes Trump has not made a final decision, but officials say he is seriously considering authorizing the strike. He has been presented with a range of options, including targeting non-military sites in Iran.

Coindesk reported on January 11 that Tennessee’s regulatory agency has ordered Kalshi, Polymarket, and Crypto.com to stop offering sports event prediction services to state residents, citing unlicensed operations in violation of the state’s gambling laws. The firms are currently registered with the U.S. Commodity Futures Trading Commission (CFTC) as designated contract markets, allowing users to buy contracts tied to sporting event outcomes. However, Tennessee’s “Sports Gaming Act” requires any entity accepting sports bets to hold a license issued by the state government. The companies were instructed to cease all Tennessee operations by Jan. 31, cancel any outstanding contracts with state residents, and refund all deposits. Non-compliance could lead to civil penalties of up to $25,000 per violation, plus potential criminal court referral for aggravated gambling promotion — a felony under Tennessee law.

January 11 – Per monitoring from onchainschool.pro, a wallet transferred $2.2M in TRUMP tokens to Binance early this morning. Most of these tokens were withdrawn from a centralized exchange (CEX) roughly 8 months ago. The actual estimated loss is projected to hit $2.5M, with the drop exceeding 50%.