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CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

2025.04.16 12:40:33

On April 16th, CBS News, citing multiple sources, stated that although the White House has been attempting to claim that Trump administration officials have been unified on U.S. tariff policy, internal differences over the policy had emerged weeks prior to Trump signing the so-called "reciprocal tariff" executive order on April 2nd. A senior Trump adviser was reported to have warned in private conversations that some tariff proposals could have a catastrophic impact on global financial markets and send the U.S. economy into a downward spiral. CBS reported that U.S. Treasury Secretary Scott Bennett and Trump's trade and manufacturing policy adviser Peter Navarro had a confrontation in late March in the office of White House Chief of Staff Susan Wells. According to multiple sources, Navarro advocated for a uniform 25% tariff on $3 trillion worth of imported goods, while Bennett, a former Wall Street investor, warned that this move would trigger market turmoil and outlined various risk scenarios. The report said that there was constantly heated rhetoric being exchanged.
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Queue to Join Ethereum PoS Network Surpasses 2.55 Million ETH, Equivalent to around $8.59 Billion

January 15th — Per data from Validator Queue tracking site validatorqueue, the amount of ETH waiting to join Ethereum’s PoS network in the current queue continues to climb to 2,554,732, worth approximately $8.59 billion, with an estimated activation delay of around 44 days and 8 hours. The primary driver is BitMine’s recent staking of a large portion of its ETH holdings. On the other hand, only 64 ETH have exited the Ethereum PoS network queue, worth roughly $215,000, with an exit waiting time of about 2 minutes.

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London Stock Exchange Group Launches 24/7 Blockchain Settlement Platform for Tokenized Deposits

January 15 – The Block reports that London Stock Exchange Group (LSEG) today launched the **LSEG Digital Settlement House (LSEG DiSH)**, a blockchain-powered platform enabling 24/7 real-time settlement of tokenized deposits from commercial banks. The platform supports multi-currency, cross-network settlement, dynamic intraday liquidity management, synchronized settlement (PvP/DvP), and risk mitigation capabilities. It is operated by LSEG’s Post Trade Solutions division. Beyond settling on its own ledger, LSEG DiSH acts as a notary to facilitate settlement across connected networks. LSEG has completed a proof of concept (PoC) on the Canton Network, working with software firm Digital Asset and a consortium of financial institutions. The PoC successfully delivered same-day cross-currency, cross-asset repo transactions. Notably, LSEG previously launched a blockchain platform for private funds in September 2025.

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A whale has closed a 5x HYPE long position, losing approximately $7.18 million

January 15 — Onchain Lens data shows that whale address 0xBd8 closed a 5x leveraged long position on HYPE, incurring a roughly $7.18 million loss. In total, the whale’s net loss reached $8.09 million, and it withdrew all remaining funds from the HyperLiquid exchange.

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David Sacks: Crypto Market Structure Legislation Closer Than Ever, Crypto Industry Should Seize Current Window to Resolve Remaining Differences

January 15th: David Sacks, the White House’s Crypto and AI Czar, noted that “market structure legislation is now closer to passing than ever before. The crypto industry should leverage the current lull to resolve all remaining differences—now is the optimal time to set industry rules and secure the sector’s future growth.” The White House remains committed to collaborating with Senate Banking Committee Chair Scott, committee members, and industry stakeholders to advance bipartisan-backed crypto market structure legislation expeditiously. As previously reported, key backers including Coinbase opposed the current version of the “CLARITY Act.” The Senate Banking Committee has delayed the bill’s markup hearing, with no clear timeline for its resumption. The legislation seeks to clarify regulatory jurisdiction between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), define when digital assets qualify as securities or commodities, and es

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Football.Fun Airdrop Details: Eligibility is based on user engagement in the game, with an additional 20 million FUN being airdropped post TGE

On January 15, Football.Fun—a sports prediction app built on Base Chain—announced details of its upcoming airdrop: The airdrop will launch shortly after the token generation event (TGE) wraps up and be fully distributed within one hour. Unlike traditional airdrops, this one won’t rely on a snapshot—eligibility is determined by users’ overall in-game activity. Qualified users will receive FUN tokens directly in their in-game wallet, with balances visible on the FUN rewards page. The first season will kick off once all eligible users have received their airdrop. Additionally, 20 million more FUN tokens will be airdropped across four weekly seasons in the first month following the TGE.

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Ethereum Network's Daily Transaction Count Hits 2.6 Million, Reaching All-Time High

On January 14, the Ethereum network processed 2.6 million daily transactions—setting a new all-time high, Cointelegraph reported on January 15.

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