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Trump Says He Has Chosen Next Fed Chair, BlackRock Executive a ‘Dark Horse’

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**Jan. 23 (Reuters) — Former President Donald Trump said Wednesday he’s finished interviewing candidates for the next Federal Reserve chair, hinting the pick is a “highly respected, extremely well-known” heavyweight set to replace current Chair Jerome Powell when his term expires in May. Trump noted he’s “almost down to one person” for the role but didn’t name the finalist. Publicly known contenders include National Economic Council Director Kevin Hassett, BlackRock Fixed Income chief Rick Rieder, current Fed Governor Christopher Waller, and ex-Governor Kevin Warsh. Trump has hinted Hassett is more likely to stay in the White House than take the Fed post. Notably, Trump’s recent public praise of Rieder as “impressive” has boosted his nomination odds sharply. Prediction market Kalshi shows Rieder’s probability has climbed to 33% — double his level earlier this week and up from just 3% 10 days ago. Former Fed Governor Warsh still leads with 45% odds, though his lead has shrunk. Trump’s tense relationship with Powell persists: he’s repeatedly criticized Powell for being “too slow” on rate cuts and downplayed his influence on the Fed Board once his chair term ends. Treasury Secretary Steven Mnuchin has said Trump could announce his pick next week. The new Fed chair nominee is widely expected to shape U.S. monetary policy and move global financial markets significantly.**
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Vitalik: This year is the year of "Reclaiming Computational Sovereignty," proposing the integration of technologies such as ZKP, TEE, FHE for on-premises LLM deployment

On January 23, Vitalik shared a post stating that 2026 will be the year of reclaiming computing self-sovereignty, highlighting the start of reducing data leakage to centralized services. He noted he switched to Fileverse encrypted documents and Signal/Simplex/Session messaging apps last year—all decentralized open-source tools—and plans to further transition to OpenStreetMap, Protonmail, and decentralized social networks in 2026 to safeguard location and communication privacy. Vitalik also discussed the progress and pain points of deploying large language models (LLMs) locally, outlining a future path for efficient privacy computing through a combination of technologies like zero-knowledge proofs (ZKP), trusted execution environments (TEE), and fully homomorphic encryption (FHE).

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「DASH Whale Short」 Takes Profit on BTC Long, Nets $711,000

January 23rd — Per HyperInsight monitoring, the "DASH Largest Short" whale (0x94d37) closed its BTC long position 3 hours ago, netting $711k in profit. The address remains the largest DASH short holder on Hyperliquid, holding a 5x-leveraged short of 112,150.15 DASH at an average entry price of $74.93, with $1.147M in unrealized profit. Additionally, it holds long positions on ETH and SOL, totaling $1.258M in unrealized profit.

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casualpig.eth withdrew 10 million ENA from Bybit and staked it

On January 23, LookOnChain reports that whale address casualpig.eth withdrew 10 million ENA (valued at $1.75 million) from Bybit 12 hours ago and staked the tokens.

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Yesterday, the ELSA team's wallet address transferred $4 million worth of tokens to Bybit, causing a price rollercoaster early this morning.

Per onchainschool.pro monitoring, **$4 million worth of ELSA** was transferred from a team-controlled wallet to two newly created addresses late on January 23rd, before being sent to the Bybit exchange shortly thereafter. Market data shows ELSA staged a volatile, rollercoaster-like swing: it surged 173% at 5 a.m. this morning, then plummeted 38% within the following hour. At press time, ELSA trades at $0.21459, with a corresponding market capitalization of $48.54 million.

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The third largest treasuries company in the Solana ecosystem launches a Meme coin and holds 30% of the supply. DONT's market capitalization is currently reported at $22 million.

Jan 23 — According to GMGN monitoring (link: https://gmgn.ai/sol/token/i_m4TE56o8_FbmmdcCYHL7WETG89xtWmNFMzQAaQ8Zs9NXVbimibonk), DONT, a meme coin issued by DeFi Development (DFDV), currently has a market cap of ~$22 million, a price of ~$0.000052, and a 24-hour trading volume of ~$35.8 million. The largest holder is DFDV’s official wallet, which holds ~31.6% of the token’s total supply. DFDV, the third-largest treasury firm in the Solana ecosystem, holds ~2.2 million SOL (valued at ~$285 million). The DFDV team announced this morning at 3 a.m. that it has burned all tokens held by the address targeting this token and used the proceeds to buy back and burn additional tokens. This round’s cumulative burn totals ~5.1% of the total supply — the main driver behind the token’s second rally in the early morning. DONT (short for “DisclaimerCoin”) launched on Bonk.fun last night via DFDV. In its announcement, the company explicitly noted DONT has no official sponsorship, endorsement, or

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YZi Labs announces participation in BitGo's IPO

On January 23, YZi Labs announced its participation in the initial public offering (IPO) of digital asset custody firm BitGo on the New York Stock Exchange (NYSE), though it did not disclose the size of its investment. BitGo is a regulated, institutional-grade digital asset infrastructure platform in the U.S., offering qualified custody and end-to-end services including staking and stablecoin issuance. It currently manages $82 billion in assets and serves over 5,100 institutional clients. Ella Zhang, head of YZi Labs, noted that BitGo has maintained a 10-year track record free of hacking incidents—demonstrating the strength of its technical foundation. YZi Labs will provide the necessary strategic resources to fuel BitGo’s global growth as a public company.

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