Key Blockchain Developments Recap
From 9 PM on January 19 to 7 AM the next day, the blockchain industry saw a series of notable updates:
- Michael Saylor Speaks Again: The Bitcoin advocate shared fresh insights on tracking Bitcoin, drawing significant attention from the crypto community.
- US Treasury Secretary on Monetary Policy: Secretary Beisner noted that Trump pledged to preserve the Federal Reserve's independence, a statement that sparked discussions within the crypto sector.
- Sonic's Airdrop Management: Sonic confirmed the burning of over 16.02 million unclaimed tokens from the first airdrop round, highlighting proactive management of tokenomics.
- Zerion's L2 Network Resumes Operations: The L2 network Zero Network, incubated by Zerion, has fully resumed operations after a brief pause, offering users improved stability.
- Friction Points in Crypto Regulation: The CEO of Galaxy pointed out that the real debate around crypto market structure legislation centers on the role banks should play.
- Fed Chair Nomination Outlook: Beisner indicated that the Senate is open to any of the four potential candidates for the Fed Chair position, signaling a balanced approach to economic leadership.
- Pantera and Ondo Finance Collaboration: Recently, Pantera Capital and Ondo Finance moved over 200 million ONDO tokens to a multi-sig address, reflecting cautious institutional risk management.