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Canadian 21-Year-Old Prodigy Hacker Suspected of Stealing $65 Million in Cryptocurrency, Currently on the Run

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CBC News reported on January 30 that 21-year-old Canadian-born cryptocurrency fugitive Andean Medjedovic is suspected of stealing $65 million in assets by hacking Indexed Finance and KyberSwap. Medjedovic was arrested in Belgrade, Serbia, in August 2024 but released after a Serbian court rejected the Netherlands’ extradition request. He is now believed to be hiding in Bosnia. Investigations reveal Medjedovic used mathematical and programming skills to hack Indexed Finance at age 18, netting $16.5 million. In 2023, he targeted KyberSwap, making $48 million. He traveled through Brazil, Dubai, and Spain using a fake Slovak passport. The U.S. Department of Justice has charged him with laundering funds via mixers like Tornado Cash. Despite multiple international arrest warrants, Medjedovic denied all charges in a prior court statement and claimed he still earns $100,000 monthly as a crypto freelancer.
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Base Ecology AI Project MOLT Hits All-Time High Market Cap, a Smart Money with a Market Value of $3.1 million Invested $60,000, Now Holding a Unrealized Gain of Nearly $700,000

On January 30th, per market data from GMGN, the market cap of MOLT—an AI project in the Base ecosystem—continued to climb Tuesday evening, hitting an all-time high of $49.54 million before paring gains. It now trades at $40.53 million. On-chain data shows the token’s leading address—smart money wallet 0x7f—kept buying this morning, accumulating $6,160 worth of tokens at an average price of $3.1 per token, with a position share of 1.86%. As of press time, it has only sold a small amount ($3,240 worth), with $675,000 in unrealized profit. MOLT is closely tied to the Moltbook project. Moltbook is a social network platform led by AI agents (Molty or Moltbot, spun off from the earlier Clawdbot project), positioned as the “Reddit of AI agents” or “Agent Internet Homepage.” On the platform, AI agents post, comment, like and interact autonomously to form a self-governing community, while humans primarily act as observers. BlockBeats Note: The token has seen extreme price volatility. U

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HODLer: Not Disappointed About Failing to Be Elected Fed Chair

On January 30, Hassett, Chair of the White House Council of Economic Advisers, said he’s not disappointed about not being selected as Federal Reserve Chair.

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Amboss is launching the RailsX P2P platform based on the Lightning Network for Bitcoin and stablecoin transactions

Jan. 30 — Amboss Technologies has launched RailsX, a Lightning Network-based peer-to-peer (P2P) platform, per The Block. Built on native FPGA technology, the platform supports trading between Bitcoin and stablecoins. RailsX enables atomic cross-asset swaps via circular self-payments on Lightning Network channels, letting Bitcoin and stablecoin holders transact directly while retaining full custody of their assets. Additionally, RailsX is partnering with Magnolia and Bringin to integrate with traditional banking systems in the U.S. and Europe for fiat currency exchanges.

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Lido V3 Launches on Ethereum Mainnet

Lido V3 has officially launched on the Ethereum mainnet as of January 30, per an official announcement. The upgrade introduces stVaults—modular staking infrastructure backed by stETH, built for developers. This update expands the Lido protocol beyond its original single-pool liquid staking system (Lido Core) to support a diverse range of staking models, while preserving stETH’s shared liquidity and DeFi composability. stVaults enable builders to customize staking configurations without having to build infrastructure from scratch.

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US Stock Market Opens Lower, Most Cryptocurrency-Related Stocks Down

January 30th — Per Bitget market data, U.S. stocks opened lower, with the Dow Jones down 0.28%, the S&P 500 down 0.35% and the Nasdaq down 0.45%. Most crypto-related stocks traded lower at the open: MSTR was down 0.53%, BMNR down 1.65%, COIN down 1.03% and CRCL down 1.66%.

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Norway's Sovereign Wealth Fund's indirect Bitcoin exposure grew by 149% year-on-year to 9,573 BTC

**January 30 – Per K33 data, Norway’s sovereign wealth fund saw its indirect Bitcoin exposure surge 149% in 2025, reaching $9,573.** The fund holds significant stakes in companies including Strategy, MARA, Metaplanet, Coinbase, and Block. While the national fund has not directly purchased cryptocurrency, many of these firms continue to actively accumulate Bitcoin. Managed by Norges Bank Investment Management, Norway’s sovereign wealth fund is one of the world’s largest, with assets exceeding $2 trillion. Its portfolio focuses primarily on global equities, bonds, and real estate.

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