1. This week's large-scale token unlocking
Over the next 7 days, single large unlocks (unlocking amount greater than US$5 million) include BGB ZRO RIVER PLUME H UDS XPL MBG SOSO SOON ANIME, etc.; over the next 7 days, linear large unlocks (single-day unlocking amount greater than US$1 million) include RAIN SOL RIVER TRUMP WLD DOGE AVAX ASTER, etc., with a total unlocking value exceeding US$1.054 billion.
2. The New York Stock Exchange (NYSE) announced that it is developing a platform for trading tokenized securities and on-chain settlement.
The New York Stock Exchange (NYSE) announced it is developing a tokenized securities trading and on-chain settlement platform and will seek regulatory approval. The platform aims to support 24/7 trading of US stocks and ETFs, fractional share trading, stablecoin-based fund settlement, and instant delivery, integrating with the NYSE's existing matching engine and blockchain settlement system. According to the plan, tokenized stocks will have the same dividends and governance rights as traditional securities. NYSE's parent company, ICE, is also collaborating with banks such as BNY Mellon and Citibank to explore tokenized deposit and clearing infrastructure to support cross-time zone, 24/7 fund and margin management.
3. Immunefi CEO: Nearly 80% of crypto projects that have suffered major hacking attacks have never fully recovered.
Mitchell Amador, CEO of Web3 security platform Immunefi, stated that nearly 80% of crypto projects that suffer major hacks never fully recover, primarily due to operational and trust breakdowns during the response period, rather than initial financial losses. Kerberus CEO Alex Katz noted that major vulnerabilities often lead to user churn, liquidity depletion, and permanent reputational damage. Crypto hacking losses reached $3.4 billion in 2025 (the highest since 2022), with the $1.4 billion Bybit incident accounting for nearly half, and three incidents representing 69%. Losses are increasingly attributable to operational and human errors (such as approving malicious transactions and exposing keys).
4. The Supreme People's Procuratorate: Intensify anti-money laundering efforts and severely punish financial crimes such as money laundering through underground banks and virtual currencies.
At the National Procurators' Conference held in Beijing on January 19, the Supreme People's Procuratorate made arrangements for fully utilizing the power of the rule of law to serve high-quality development. The Supreme People's Procuratorate required procuratorial organs to safeguard economic and financial security in accordance with the law, severely punish serious economic crimes, and promote a rule-of-law business environment. It also required working with the State Financial Regulatory Commission and other departments to address the chaos of illegal intermediaries in the financial sector, severely punish crimes such as illegal fundraising and financial fraud, crack down on the entire chain of financial "black and gray industries," ensure the sound operation of the financial system, and protect the property safety of the people; and to intensify anti-money laundering efforts, focusing on punishing crimes such as money laundering through underground banks and virtual currencies.
5. The Seoul headquarters of the Korea Customs Service cracked a case involving underground money exchange using virtual assets.
The Seoul headquarters of the Korea Customs Service has busted a case involving underground money exchange using virtual assets. Over the past four years, the criminal gang received payments through WeChat Pay and Alipay, purchased virtual assets overseas, transferred them to wallets within South Korea, and then exchanged them for Korean won before withdrawing the cash. The total amount of illegal currency exchange and money laundering amounted to approximately 148.9 billion won. The Customs Service has transferred three individuals, including a Chinese man in his 30s, to the prosecution on charges of violating the Foreign Exchange Transactions Act. In addition to providing services for trade payments, duty-free goods purchases, and student tuition fees, the gang also handled funds with unclear purposes, even using the promise of illegally transferring funds for plastic surgery to attract clients.
6. Wu Blockchain analysis of this week's macroeconomic indicators: US PCE, Bank of Japan interest rate decision
summary
Last week, the US CPI met expectations, while the PPI exceeded expectations. The US Supreme Court again postponed its ruling on Trump's tariff case. This week, the focus will be on the US November PCE and the Bank of Japan's interest rate decision.
Last week's review
The US December unadjusted CPI rose 2.7% year-on-year, below the expected 2.70% and the previous reading of 2.70%. The US December unadjusted core CPI rose 2.6% year-on-year, below the expected 2.70% and the previous reading of 2.60%. The lower-than-expected core CPI caused a sharp rise in US short-term interest rate futures, with traders further increasing their bets on a Federal Reserve rate cut.
The US PPI rose 0.2% month-on-month in November, in line with expectations. The US PPI rose 3% year-on-year in November, the highest since July, compared with expectations of 2.7%.
The latest Beige Book released by the Federal Reserve System shows that, based on information collected as of January 5, 2026, economic activity in eight of the 12 Fed districts showed slight to moderate growth, three were essentially flat, and one experienced a slight decline, representing an overall improvement compared to previous cycles. Overall employment remained largely unchanged, with businesses responding more to uncertainty through temporary hiring and filling vacancies, and wage growth returning to more normal levels. Prices continued to rise moderately, with tariff-related cost pressures persisting across the board, and some companies beginning to pass these costs on to downstream customers. Energy and insurance costs squeezed profits.
The U.S. Supreme Court has again postponed its ruling on the Trump tariff case, with the next ruling scheduled for January 21/22.
Key events & indicators this week
January 19
China's GDP growth rate for the whole of 2025 (10:00)
The World Economic Forum Annual Meeting 2026 will be held from January 19 to 23 – the Winter Davos.
US Treasury Secretary Bessant: Fed Chair nominee may be announced around Davos
January 20
The US fourth-quarter GDP (preliminary data) may be released soon.
January 22
US November Core PCE Price Index YoY (21:30)
US initial jobless claims for the week ending January 17 (in thousands) (21:30)
Final reading of US Q3 annualized real GDP growth rate (21:30)
The European Central Bank will release the minutes of its December monetary policy meeting (20:30).
January 23
The Bank of Japan announced its interest rate decision and economic outlook report.
Final reading of the University of Michigan Consumer Sentiment Index for January (23:00)
