The crypto user was reportedly deceived by an attacker impersonating Trezor support, tricked into revealing their hardware wallet seed phrase. A crypto user has lost more than $282 million worth of Bitcoin and Litecoin in one of the largest social engineering attacks ever recorded in the crypto sector. The theft occurred on Jan. 10, 2026, at around 11:00 pm UTC, after the victim was tricked into revealing their seed phrase linked to a hardware wallet, according to blockchain investigator ZachXBT. The attacker gained full control of the wallet and rapidly moved the funds across multiple networks to obscure the trail. According to ZachXBT, 2.05 million Litecoin (LTC), currently worth $153 million, and 1,459 Bitcoin (BTC), now worth around $139 million, were drained. The attacker immediately began converting the stolen assets into Monero (XMR) through several instant exchange services, triggering a sharp spike in XMR’s price as well. Read more
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards. The White House is considering withdrawing its support for crypto market structure bill following a similar move from crypto exchange Coinbase, according to Fox Business reporter Eleanor Terrett, citing a source close to the Trump administration. In a Sunday post on X, Terrett reported that the White House is furious over Coinbase’s decision to pull its backing for the Digital Asset Market Clarity Act, describing the move as a “unilateral” action that blindsided administration officials. “The White House is said to be furious with Coinbase’s “unilateral” action on Wednesday, which it apparently was not notified of in advance, calling it a “rug pull” against the White House and the rest of the industry,” she wrote. Read more
ETH price cooled down from its recent rally as US macroeconomic factors, reduced DApps activity and falling fees impact traders’ use of Ether derivatives. Key takeaways: ETH derivatives flash caution as pro traders remain neutral-to-bearish, and weak DApps demand and falling fees pressure Ether’s price. Corporate ETH buying and spot ETF inflows have not restored investor confidence, as lower staking yields and soft network activity persist. Read more
Vitalik Buterin wants improved private payments, easier running of full nodes, decentralized apps that don’t rely on centralized services, and more on-chain privacy. The Ethereum ecosystem’s core values of decentralization, privacy and self-sovereignty have been sacrificed in pursuit of mainstream adoption and that trend must stop now, Ethereum co-founder Vitalik Buterin said. “2026 is the year that we take back lost ground in terms of self-sovereignty and trustlessness,” Buterin posted to X on Friday: To reverse that trend, Buterin wants to see improved private payments, lower the barrier to entry for users to run full nodes and decentralized apps that don’t run on centralized servers. Read more
Being the first federally chartered bank, Anchorage is looking to become a leading stablecoin issuer in 2026, with plans to double the size of its stablecoin team this year. Institutional crypto platform Anchorage Digital is looking to raise hundreds of millions of dollars of fresh capital as it eyes a potential Initial Public Offering. The raise would be in the $200 million to $400 million range, while a possible IPO is slated for sometime next year, according to a Bloomberg report on Friday, citing people familiar with the matter who asked to remain anonymous. Anchorage’s affiliate, Anchorage Digital Bank National Association, became the first federally chartered crypto bank in 2021 and is now well-positioned to lead stablecoin issuance and related services following the passage of the GENIUS Act in July. Read more
Selling the Bitcoin would have violated President Donald Trump’s Executive Order 14233, which mandates that any Bitcoin obtained through criminal or civil forfeiture “shall not be sold.” A White House crypto advisor said he received confirmation from the US Department of Justice that no Bitcoin forfeited from the Samourai case was sold, putting rumors to rest. The confirmation was shared on X by Patrick Witt, Executive Director of the White House President’s Council of Advisors for Digital Assets: “We have received confirmation from DOJ that the digital assets forfeited by Samourai Wallet have not been liquidated and will not be liquidated,” Witt posted to X Friday, adding that the forfeited Bitcoin would remain part of the Strategic Bitcoin Reserve. Read more