Crypto Morning News: U.S. establishes framework agreement on Greenland issue, Mad Lads completes snapshot
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Crypto Morning News: U.S. establishes framework agreement on Greenland issue, Mad Lads completes snapshot
The U.S. Senate Agriculture Committee will release the latest text of the cryptocurrency market structure bill.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Dynamics
Trump: Framework reached on Greenland issue, tariffs will not take effect
U.S. President Donald Trump announced early this morning via social media that following a highly productive meeting with NATO Secretary General Mark Rutte, they have preliminarily established a framework agreement concerning the future of Greenland and the entire Arctic region. If finalized, this arrangement would be a major benefit for the United States and all NATO member states. Based on this understanding, he will not implement the tariffs originally scheduled to take effect on February 1. Further discussions are ongoing regarding Greenland and the "Golden Dome" project. Additional information will be provided as negotiations progress. Vice President Vance, Secretary of State Rubio, Special Envoy Witkoff, and other relevant officials will lead these talks—reporting directly to him.
U.S. Supreme Court may reject Trump’s request to remove Fed governor Cook
According to foreign media reports, U.S. Supreme Court justices signaled caution over President Trump's attempt to dismiss Federal Reserve Governor Lisa Cook based on unproven mortgage fraud allegations, warning such action could undermine the Fed's independence and destabilize financial markets. During Wednesday’s hearing in Washington, both conservative and liberal justices sharply questioned Acting U.S. Solicitor General D. John Sauer, who urged the court to allow Trump to temporarily suspend Cook during ongoing litigation. Even justices appointed by Trump expressed skepticism. Brett Kavanaugh stated that the president’s position would “weaken or even destroy the independence of the Federal Reserve.”
Senate Agriculture Committee to release new cryptocurrency market structure bill text
According to Crypto in America, the Senate Agriculture Committee is expected to release the latest version of its cryptocurrency market structure bill today, ahead of a rescheduled markup session next Tuesday. Key focus areas include the definition of “digital commodities,” token classification criteria, and CFTC oversight of funds. Meanwhile, the banking committee's related legislation has stalled after Coinbase unexpectedly withdrew support; CEO Brian Armstrong is currently in Davos discussing stablecoin yield issues with bank executives. President Trump said in a speech at Davos that he hopes to sign the crypto market structure bill being developed by Congress soon, opening new pathways to financial freedom for Americans.
WLFI governance vote accused of manipulation, team criticized for profiting from locked token holders
Crypto influencer DeFi^2 posted on social media alleging controversy around a recent governance proposal from World Liberty Fi. The proposal calls for using 5% of unlocked WLFI treasury holdings to boost USD1 growth and is alleged to have been pushed through by the team and strategic partners manipulating votes.
According to WLFI’s official documentation, protocol revenue distribution allocates 75% to the Trump family and 25% to the Witkoff family, with no share going to token holders. Critics argue that the forced approval of the USD1 growth proposal is effectively a mechanism for the team to sell WLFI tokens and increase their own profits.
After the vote, observers noted a transfer of 500 million WLFI tokens to Jump Trading. Currently, WLFI has a market cap of approximately $17 billion, but its value is under scrutiny due to lack of real governance rights, no revenue sharing, and looming selling pressure from new supply.
Solana Mobile: SKR token claim now open, 90-day window available
According to an official announcement from Solana Mobile, the SKR token has officially launched, with claims open for a 90-day period. Unclaimed allocations will return to the airdrop pool after April 20. Additionally, developers who submitted high-quality apps to the dApp Store in Q1 can also claim SKR. Developers must visit the Publishing Portal to receive their tokens.
Mad Lads denies Backpack airdrop, then announces snapshot completed
The Mad Lads social media account announced that the snapshot has been completed, despite earlier clarifying that NFT holders “will not receive a Backpack airdrop.”
Some community members speculate that MadLads may launch its own token and conduct a separate airdrop.
ETHGas launches airdrop eligibility checker; GWEI token claims start at 21:00
Per an official announcement, the ETHGas Foundation has launched a $GWEI token eligibility verification tool allowing users to check if they qualify for the airdrop. Claims for $GWEI tokens will begin at 21:00 (UTC+8) on January 21.
Prior news: ETHGas revealed its tokenomics—total supply of 10 billion, with 10% allocated to the community. ETHGas announced last year it had raised $12 million in funding led by Polychain Capital.
Rainbow to conduct RNBW airdrop snapshot on January 26, full airdrop on February 5
According to Rainbow Wallet’s official social media channels, the RNBW token airdrop snapshot will occur at 16:20 EST on January 26. The full airdrop will take place on February 5.
Vitalik Buterin proposes native Ethereum DVT staking solution to enhance security and decentralization
According to The Block, Ethereum co-founder Vitalik Buterin published a proposal on the Ethereum Research Forum on January 21, 2026, suggesting direct integration of Distributed Validator Technology (DVT) into the network’s staking protocol. This design allows validators to register multiple independent keys under a single validator identity. As long as more than two-thirds of nodes remain operational, the validator continues functioning—reducing risks from single points of failure.
Buterin noted that unlike complex existing DVT implementations, this native approach simplifies operations, enabling individuals and institutions to stake independently without relying on large staking providers—thereby enhancing network decentralization.
Winklevoss brothers donate $1.2 million to Zcash developer Shielded Labs
According to DLNews, Gemini exchange founders Tyler and Cameron Winklevoss donated $1.2 million to Shielded Labs, an independent development organization supporting privacy coin Zcash, aimed at improving blockchain security, sustainability, and scalability.
The donation comes amid major upheaval in the Zcash development ecosystem, after the entire development team at primary entity Electric Coin Company abruptly resigned on January 8 due to governance disagreements. Following this, ZEC token prices plunged sharply, now trading around $365—the lowest since December.
Shielded Labs, an independent Swiss-based organization separate from the Zcash Development Fund, will use the funds to support core initiatives including network sustainability mechanisms, the Crosslink hybrid consensus layer, and dynamic fee systems. This marks the second time the Winklevoss brothers have funded the group.
Strive plans to raise $150 million via preferred stock issuance to buy Bitcoin and repay debt
According to Cryptobriefing, publicly listed Bitcoin treasury company Strive announced plans to raise $150 million through the issuance of Series A perpetual preferred stock (SATA Stock). The company intends to use proceeds to reduce outstanding debt, purchase Bitcoin and Bitcoin-related products, and support corporate growth.
This fundraising move follows last week’s shareholder approval of Strive’s acquisition of Semler Scientific. The deal is expected to close shortly, adding over 5,000 BTC to Strive’s balance sheet and increasing its total Bitcoin reserves to 12,798 BTC.
Market Movements
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