Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

On January 21st, Ethereum co-founder Vitalik Buterin put forward a "Native DVT (Distributed Verifier Technology)" proposal on the Ethereum Research Forum, calling for directly integrating DVT into the Ethereum staking protocol layer to boost network security and advance validator-level decentralization. Under the proposal, validators can register multiple independent keys and operate collectively as "grouped validators"; a block proposal or attestation is only considered valid once a set threshold of key signatures is met. This mechanism significantly cuts the risk of validator downtime from single points of failure or node compromises, while preserving existing slashing protections when thresholds are set reasonably. Vitalik noted that unlike current DVT schemes—which rely on external coordination layers and have deployment complexities—Native DVT will be embedded directly into the protocol itself. Validators holding multiples of the minimum staking threshold (32 ETH) can set up

**January 21st Update** The Solana ecosystem’s perpetual contract trading platform **Pacifica** (link: https://app.pacifica.fi/?referral=pacbot) has seen its trading volume climb steadily since hitting a ~$200 million low in September. Over the past five months, total volume has exceeded $100 billion, with a monthly average of ~$20 billion. In the last 24 hours, its open interest has held steady at ~$78.8 million. Additionally, Pacifica wrapped up its 21-day fee halving event yesterday. Users can still earn a maximum 23% bonus via consecutive trading to lower point-earning costs. Combined with a 5% bonus from an invitation link, the cost per point drops by ~21.8% to ~$0.301. To help users accumulate points efficiently, the on-chain copy trading tool **Coinbob Pacifica** (@CoinbobPAC_bot, link: https://t.me/CoinbobPAC_bot) lets users track and replicate high-frequency trading strategies—preparing for potential airdrops.

OnchainLens data shows a whale address has spent 26.85 WBTC (≈$2.39 million) to purchase 490.4 XAUT gold tokens at $4,877 per token over the past 3 hours. Address: 0x0a8d1805c1c415ae6d11eaa29728ec8d3289ef0e

On January 21, data from AI Grandma indicates an original 2016 ETH whale deposited 14,183 ETH to Coinbase 40 minutes ago—valued at $41.93 million. This is their first seven-figure ETH deposit in over three years. The address’s most recent notable ETH accumulation was suspected to be on February 11, 2022, with an average withdrawal price as low as $1,236.65. Tracing their ETH transactions back shows activity dating to 2016.

On January 21st, per monitoring from HyperInsight (via https://t.me/HyperInsight), a whale liquidated an 84.37 BTC long position opened at 17:29 the same day, resulting in a $45,000 loss. The address currently holds no positions and is in a wait-and-see stance. Additionally, the address has recently seen frequent fund inflows and outflows, with its largest single deposit reaching 10 million USDC—signaling typical whale behavior.

On January 21st, monitoring by HyperInsight (via https://t.me/HyperInsight) revealed the "20 Million Bandit" address (0x880a...) executed a partial liquidation of its PAXG (on-chain gold) short position. The move reduced its 78.14 PAXG short by approximately $373,000. Post-reduction, the address’s total PAXG short position is now valued at roughly $1.494 million. The position currently holds a floating loss of ~$151,000 (a 50.66% loss), with an average entry price of $4,399.04 and a liquidation price of $61,360.732. Known for high-frequency, multi-currency arbitrage trading (average holding time ~20 hours), the address has accumulated nearly $100 million in realized profits since October 2023, starting with an initial capital of around $20 million.