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

Former U.S. Congressman George Santos has reached a settlement with the U.S. Commodity Futures Trading Commission (CFTC). The CFTC alleges that Santos engaged in manipulative trading practices while trading a prediction market contract on Kalshi related to whether he would attend the February 2026 State of the Union address, earning over $17,500 in profits from the activity. According to the CFTC’s Friday announcement, Santos is required to pay $35,000 as part of the settlement, though he neither admitted nor denied the regulator’s findings.

According to crypto journalist Eleanor Terrett, the Trump administration is weighing a bipartisan ethics counter-proposal introduced by Senator Tillis and Representative Gallego. The bill would grant state attorneys general new authority to sue the Department of Justice if the DOJ fails to enforce ethics laws against federal officials. The Clarity Act, a bipartisan cryptocurrency market structure bill that has cleared Senate committee review and includes a stablecoin revenue compromise provision, may see its fate hinge on the White House’s response to the ethics proposal this weekend—a response that will determine whether to advance a cloture vote. If an ethics compromise is reached, the Clarity Act is expected to move forward, delivering regulatory clarity such as Bank Secrecy Act exemptions for non-custodial developers; otherwise, parts of the GENIUS Act could be triggered, leading to heightened regulatory uncertainty for stablecoins.

According to HTX market data, the BSC-based meme coin GIGGLE has risen for two consecutive days, briefly breaking through the $50 mark, and is currently trading at $48.06, with a 24-hour increase of 17.54%. On the news front, CZ yesterday responded to the community’s discussion on “Giggle Academy selling donated tokens causing price instability”, advising that community donations should be pure and avoid fake engagement.

According to The Wall Street Journal, OpenAI may delay its initial public offering (IPO) until next year.

Sushi has launched the token issuance platform Sushi Launch on Robinhood Chain, enabling users to create and deploy tokens that form trading pairs with tokenized RWAs. Each token will feature an active Sushi V3 market at launch.

According to monitoring by Onchain Lens, a wallet likely belonging to BitMine purchased 10,464 ETH (valued at approximately $19.48 million) via FalconX in the early hours of today.