The New Order of Cryptocurrency in the United States: Accelerated Legislation and Financial Gamesmanship

On January 24, 2026, following the Trump administration's clear signals of support for digital assets, the U.S. Congress collectively accelerated the legislative process surrounding cryptocurrency regulation, quickly rewriting the era of regulatory vacuum. The draft of the "Digital Commodity Intermediary Act" was officially introduced, and the "CLARITY Act" was fast-tracked. These two legislative mainlines approach from the perspectives of commodities and securities, as well as market structure and clear definitions, laying the framework for reshaping the rules of the cryptocurrency market. Meanwhile, the token **RIVER

The New Order of Cryptocurrency in the United States: Accelerated Legislation and Financial Gamesmanship

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Neynar Takes Over Farcaster: A New Exam for Decentralization

On January 24, 2026, **Rishav Mukherji**, co-founder of **Neynar**, announced the official takeover of the **Farcaster protocol operations** and the integration of the **Clanker team**, a move that quickly sparked discussions in the crypto social circle. Rishav emphasized that the Farcaster client, protocol, and Clanker services will remain open, while building a support system for global transactions and asset development around "any platform availability + on-chain native payments."

Neynar Takes Over Farcaster: A New Exam for Decentralization

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Neynar Takes Over Farcaster: Centralization of Power or Victory for Builders

On January 24, 2026, **Neynar co-founder rish** announced the official takeover of **Farcaster protocol operations** and the integration of the **Clanker team**, promising to maintain the continuous operation of the Farcaster client, protocol, and Clanker. This power transfer has once again brought a protocol that originally touted "open, decentralized social" back into the spotlight regarding governance structure: when operational power is highly concentrated in the hands of a few builders, how can commitments to developers and the ecosystem be fulfilled?

Neynar Takes Over Farcaster: Centralization of Power or Victory for Builders

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Neynar Takes Over Farcaster: A New Bet on Open Protocols

On January 24, Eastern Standard Time, **Rishav Mukherji**, co-founder of Neynar, announced that Neynar will officially take over and maintain the **Farcaster protocol**, while also operating its official client and financial robot product **Clanker**. This integration is defined as a systematic migration at the protocol and ecological level, rather than merely a technical hosting or operational outsourcing. From a long-term infrastructure service provider to directly becoming the central hub and key product operator of the protocol, Ney

Neynar Takes Over Farcaster: A New Bet on Open Protocols

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Behind the Surge of PENGUIN: Some Become Rich While Others Miss Out

On January 24, the price of the Meme coin **PENGUIN** on the Solana chain experienced extreme fluctuations, igniting market sentiment completely, with its market capitalization once exceeding **$90 million**. On the same chain, there were early buyers sitting on paper profits of a million dollars, hurried funds entering the market at high prices, and participants who had already sold but found themselves "selling too early." Huge paper profits, anxiety over missing out, and high-priced buying all played out simultaneously around this Meme coin, with on-chain data outlining

Behind the Surge of PENGUIN: Some Become Rich While Others Miss Out

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Neynar takes over Farcaster: Will builders have more freedom?

On January 24, 2026, at 8:00 AM UTC+8, **Rishav Mukherji (rish)**, co-founder of Neynar, announced that Neynar will officially take over and maintain the **Farcaster protocol**, while also operating the official Farcaster client and the automation tool Clanker. This means that the core infrastructure, which was originally operated independently by the Farcaster team, will now be hosted and managed by a single company. In the official narrative, "builders first" and "open network" are prioritized.

Neynar takes over Farcaster: Will builders have more freedom?

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Neynar takes over Farcaster: Who will steer the Builders Network

In the East 8 Time Zone this week, **Neynar co-founder rish (Rishav Mukherji) announced the official takeover and maintenance of the Farcaster protocol, its official client, and Clanker**. This integration of ecological infrastructure quickly sparked discussions in the crypto social circle. Rather than being a sudden power transfer, it is more of a institutional confirmation of Farcaster's long-term reliance on Neynar's infrastructure—transitioning from years of being a "behind-the-scenes engineer" to

Neynar takes over Farcaster: Who will steer the Builders Network

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Why is a 10% high-interest discounted issuance still met with indifference?

In November 2025, **Strategy** launched the first perpetual preferred stock **STRE (Stream)** in Europe, targeting non-U.S. markets, attempting to leverage local institutions and high-net-worth funds through a high coupon rate and discounted issuance. This product is aimed at income-oriented investors primarily in Europe, hoping to provide an alternative tool that combines cash flow and brand endorsement in a global environment of fluctuating high interest rates. However, STRE appears to be "full of sincerity" in its design, but upon listing...

Why is a 10% high-interest discounted issuance still met with indifference?

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Strategy's European debut failed: Why is STRE encountering a cold reception?

This week, in Eastern Eight Time, **Strategy** has brought the popular perpetual preferred stock model from the United States to Europe for the first time, launching the first non-U.S. market product **STRE**. However, it has clearly encountered an embarrassing situation of "good reviews but poor sales" after its debut. On one side, there is a face value of **100 euros**, a promised **annual dividend of 10%**, issued at a discount of about **80 euros** and raising approximately **$715 million** with its high-interest highlights. On the other side, the listing platform has chosen Luxembourg **Eur

Strategy's European debut failed: Why is STRE encountering a cold reception?

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Meme frenzy meets institutional shift: a day of division

On January 24, 2026, on the same timeline, on-chain and off-chain, speculation and institutions, construction and exit collided intensively: the on-chain meme asset **PENGUIN** on the Solana chain saw its market value surpass **$80 million** according to GMGN data, creating a local climax in a quiet market by being listed on multiple exchanges; at the same time, **R3**, which has long been focused on enterprise-level Corda, announced its shift to the **Solana ecosystem**, while the established NFT platform *

Meme frenzy meets institutional shift: a day of division

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Solana's Little Penguin Rush: Bubble Frenzy or Turning Point

On January 24, Eastern Standard Time, the market capitalization of the Meme coin **Nietzschean Penguin (PENGUIN)** on the Solana chain was pushed up by sentiment to approximately **$80 million to $87 million** in a short period. In various public media data references, this extreme surge was regarded as one of the most talked-about anomalies on the chain that day. On the same timeline, PENGUIN recorded an increase of about **550%** within 24 hours, while the **Gate** exchange at that time...

Solana's Little Penguin Rush: Bubble Frenzy or Turning Point

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7 million washed away by Saga: Mixing services versus regulation

On January 24, Eastern Standard Time, the **Saga project** suffered a hacker attack, with approximately **$7 million** in assets being transferred in a very short time, including **USDC, yUSD, ETH, and tBTC** (according to a single source). Public tracking shows that about **$6.2 million** was quickly split into **5 wallet addresses**, and then most of the funds were funneled into the **Tornado Cash** mixer, attempting to sever the on-chain traceable path. This incident is not only

7 million washed away by Saga: Mixing services versus regulation

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Saga 7 million stolen: The cost of mixing coins and halting operations

In the East 8 Time Zone this week, **the Saga project was reported to have suffered a theft of approximately 7 million dollars in assets**, revealing a major security incident involving multi-asset and multi-wallet coordinated operations. According to statistics from several media outlets including Jinse Finance and PANews, the total amount stolen is approximately **7 million dollars**, of which about **6.2 million dollars** has been transferred by the attackers to **Tornado Cash** for mixing, further splitting and spreading to multiple addresses. This incident quickly formed two lines of交

Saga 7 million stolen: The cost of mixing coins and halting operations

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