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- 🔥 $GWEI Airdrop; Stablecoin Rewards Showdown
🔥 $GWEI Airdrop; Stablecoin Rewards Showdown
ETHGas launches GWEI token and airdrop ahead of TGE as Senate bill sparks battle over stablecoin yields, and more.

Good afternoon,
Bitcoin pushes past $94K after inflation data lands in line with expectations, boosting market sentiment. Meanwhile, ETHGas launches its GWEI token and airdrop campaign, and a draft of the U.S. crypto market structure bill sparks a brewing battle over stablecoin rewards.
Let’s dive into the latest! 👇


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News Roundup
Artificial Intelligence
Decentralized, Centralized, & Traditional Finance
Kraken-Affiliated SPAC Files for $250M Nasdaq IPO (The Block)
Hong Kong Urges Caution on Gold-Backed Stablecoins (Cointelegraph)
Singapore Gulf Bank Joins JPMorgan Network, Launches 24/7 USD Clearing (SGB)
ZKsync Pivots Toward Real-World Infrastructure in 2026 Roadmap (The Block)
Grayscale Expands Watchlist as It Weighs New Crypto Investment Products (Grayscale)
Banks Prevail as Senate Crypto Bill Curbs Stablecoin Interest (Decrypt)
Russian Pensioners Ask for Crypto Payouts as Bitcoin Interest Grows Among Boomers (DL News)
Polygon Labs Buys Coinme and Sequence in $250M Push Into Global Payments (The Block)
Euler CEO Steps Aside as DeFi Lender Pivots Toward Institutions (The Defiant)
Franklin Templeton Makes Money Market Funds Blockchain-Ready (The Block)
Ethena and Safe Partner to Drive USDe Adoption With Gas-Free Transfers and 10x Rewards (The Block)
TD Bank Eyes ‘Terrific Opportunities’ in Tokenized Deposits (The Defiant)
Old Glory Bank to Go Public via SPAC Merger, Targeting Crypto-Integrated Banking (Globe Newswire)
Exchanges
South Korean Crypto Exchanges Push Back Against Proposed Ownership Limits (The Block)
OKX Freezes $40K After User Admits Account Circumvention (Cointelegraph)
Korbit Accepts $2M AML Fine as Ownership Transition Looms (DL News)
Exchange-Traded Products
Bitcoin and Ethereum ETFs Give Back 2026 Gains as Rate-Cut Expectations Cool (Decrypt)
On Jan. 12, U.S. Bitcoin spot ETFs recorded $116.67 million in net inflows.
U.S. Ethereum spot ETFs saw $5.04 million in net inflows on Jan. 12.
On Jan. 12, U.S. Solana spot ETFs posted $10.67 million in net inflows.
U.S. XRP spot ETFs saw $15.04 million in net inflows on Jan. 12.
21Shares Brings Bitcoin-and-Gold ETP to London as UK Market Reopens (CoinDesk)
Infrastructure
Markets
Bakkt Shares Jump on Planned Acquisition of Stablecoin Infrastructure Firm (The Block)
Lighter’s LIT Token Slides as Airdrop Farmers Chase New Perp DEX Incentives (The Defiant)
U.S. December Unadjusted CPI YoY: 2.7% (exp. 2.7%, prev. 2.7%) (BLS)
U.S. December Unadjusted Core CPI YoY: 2.6% (exp. 2.7%, prev. 2.6%) (BLS)
Bitcoin Options Overtake Futures, Signaling a More Stable BTC Market (CoinDesk)
Altcoin Fringe Sees $40B Exodus as Speculation Shifts Elsewhere (Bloomberg)
Bitcoin Climbs Above $93K as Inflation Data Meets Expectations (Decrypt)
Polymarket Breaks Into Prime Time With Golden Globes Odds (The Block)
Meme Coins
Politics & Regulation
Dubai Bars Privacy Tokens From Regulated Exchanges Over Compliance Risks (The Defiant)
CFTC Launches Innovation Panel to Shape Rules for AI and Blockchain (Cointelegraph)
Senators Push Developer Protections as Crypto Market Structure Bill Nears Vote (The Block)
Senate Agriculture Committee Delays Crypto Bill Markup to Preserve Bipartisan Support (Eleanor Terrett)
Warren Pressures SEC as Trump Moves to Open 401(k)s to Crypto (Decrypt
Thai PM Escalates Crackdown on ‘Grey Money’ Across Gold and Digital Assets (The Nation)
Nigeria Mandates Identity-Linked Crypto Reporting Under New Tax Law (TechCabal)
Democrats Roll Out BlueVault to Rebuild Crypto Donor Support Ahead of Midterms (Decrypt)
Trump Presses Big Tech to Cover Data Center Power Costs as U.S. Demand Surges (Cointelegraph)
Vietnam Moves to License Pilot Crypto Exchanges Under Regulatory Sandbox (Cointelegraph)
Crypto First Movers Warn of Being Shut Out as South Korea Formalizes STO Market (Cointelegraph)
Judge Pauses Tennessee Crackdown on Kalshi’s Sports Prediction Markets (The Block)
Charles Hoskinson Warns Trump’s Crypto Push Has Politicized the Industry (CoinDesk)
Draft Crypto Bill Would Put XRP, Solana and Dogecoin on Par With Bitcoin (Decrypt)
Senate Crypto Bill Triggers Fight Over Stablecoin Rewards (The Block)
Token Generation Events
ETHGas Unveils GWEI Token and ‘Genesis Harvest’ Airdrop Ahead of TGE (ETHGas Foundation)
Zama to Launch Onchain Token Sale With $55M FDV Floor via CoinList (The Block)
Treasuries
Strive Wins Shareholder Approval to Acquire Semler Scientific and Its Bitcoin Treasury (Globe Newswire)
Venture Capital
YZi Labs Backs Privacy-Focused DeFi Trader Genius as CZ Joins as Advisor (The Block)
Other News
Check This Out!
A total of 88 new yield-bearing stablecoins launched in 2025, according to Stablewatch.

Source: Stablewatch
Meme of the Day

Source: naiivememe
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