AI-powered summaries of the day's top crypto events
A report by TRM Labs reveals that Iran's Revolutionary Guard has moved $1 billion through UK-registered crypto exchanges, primarily using Tether's USDT stablecoin on the Tron network. This significant flow of funds raises concerns about the use of cryptocurrencies for circumventing sanctions.
Tennessee's Sports Wagering Council has issued cease-and-desist orders to Polymarket, Kalshi, and Crypto.com, demanding they halt sports betting activities within the state. The firms, which are federally regulated by the CFTC, must refund deposits and void open contracts by January 31.
Venture capital firm Andreessen Horowitz (a16z) has raised $15 billion, highlighting crypto as a crucial technology for maintaining America's technological edge. This significant funding round underscores the firm's commitment to investing in American-aligned tech innovations.
Spot Bitcoin ETFs have experienced a $681 million outflow in the first week of 2026, reversing early inflows as investors adopt a risk-off stance amid fading rate-cut hopes and rising geopolitical risks. This marks a shift in market sentiment for Bitcoin investment products.
Starknet has published a post-mortem report following a temporary network outage, the second major disruption in 2025. The incident required a block reorganization, highlighting the challenges of maintaining network stability in decentralized systems.