The Trump administration would begin replacing tariffs immediately if the Supreme Court rules against them, according to Jamieson Greer, the United States Trade Representative. The People's Bank of China held its 1-year and 5-year loan prime rates at 3% and 3.5%, respectively, keeping them unchanged for an eighth straight month, amid slowing economic growth. European countries are reportedly considering retaliatory tariffs and wider economic counter-measures against the U.S. in response to the escalating crisis over Greenland.
The New York Stock Exchange is developing a 24/7 blockchain-based trading platform for tokenized stocks and ETFs with instant stablecoin settlement, subject to SEC regulatory approval, representing a shift toward fully onchain market infrastructure with multi-chain custody support in partnership with BNY and Citibank.
Kalshi and Polymarket saw a record $814.2 million in trading volumes on Monday, according to platform data, marking an all-time high for prediction markets.
Blockchain security firm CertiK linked approximately $63 million in stolen cryptocurrency from the January 10, 2026 wallet compromise (totaling $282 million in losses from 1,459 BTC and over 2 million Litecoin obtained via social engineering) to Tornado Cash deposits, tracking how the attacker bridged Bitcoin to Ethereum, fragmented funds across multiple wallets, and routed them through the privacy mixer where recovery chances drop to "near zero."
Decentralized perpetuals exchange Paradex experienced a platform-wide outage affecting its trading interface, APIs, blockchain components, and other core services, forcing cancellation of all open orders except take-profit and stop-loss orders while the team rolled back its chain state to block 1604710 with all user funds confirmed safe.
Ethereum layer 2 MegaETH achieved peak network speeds of 47,000 transactions per second in testing and will launch a "global stress test" on January 22 targeting sustained true TPS of 15-35,000 with 11 billion transactions over 7 days across Web3 gaming applications before its official mainnet launch.
Memecoin trading volume spiked to $5.62 billion on Monday before falling to $3.6 billion, reflecting profit-taking and capital rotation rather than fresh inflows as memecoin market cap declined 6%, with analysts attributing the cooling momentum to thin liquidity conditions and suggesting Bitcoin's 2026 performance will determine the sector's outlook.
