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According to informed sources, GameStop CEO Ryan Cohen is planning to make a takeover bid for the e-commerce platform eBay, which has a market value of about $45 billion, with the aim of transforming it into a retail giant worth over $100 billion, while GameStop itself currently has a market value of only about $11 billion.After the news broke, eBay's stock price surged over 10% in after-hours trading, while GameStop rose about 5%. Sources also revealed that GameStop has quietly increased its stake in eBay and may submit a bid as early as later this month. If the eBay board rejects the offer, Cohen may launch a tender offer directly to eBay shareholders.Cohen made it clear earlier this year that he is looking for significant acquisition targets in the consumer and retail sectors, attempting to expand the company's business beyond video games and collectibles. He recently adjusted the compensation plan, which could allow him to earn up to $35 billion in stock returns if the company's market value reaches $100 billion and other conditions are met.As of the end of March, GameStop held about $9 billion in cash, a significant increase from $4.8 billion in the same period last year, providing ammunition for this "snake swallowing elephant" acquisition. eBay's stock price has risen over 50% in the past 12 months, and in February of this year, it acquired the second-hand fashion platform Depop for $1.2 billion, indicating that its core strategy focusing on collectibles and fashion is beginning to show results.GameStop investor Michael Burry, the real-life inspiration for the movie "The Big Short," has also publicly called for the company to use its cash reserves for transformative acquisitions. Since joining the board in 2021 and becoming chairman, Cohen has garnered a large following of enthusiastic supporters due to his commitment to turning the company around, and he is expected to leverage the massive online fanbase to generate momentum for this deal.

Microsoft had evaluated the possibility of acquiring the AI programming tool company Cursor, but ultimately did not proceed with the deal. Subsequently, SpaceX quickly reached an agreement to obtain an option to acquire Cursor at a valuation of $60 billion, with a $10 billion penalty for cancellation if the acquisition is not completed.Cursor is currently an important player in the AI programming sector, benefiting from the strong demand for automated programming tools from developers. Competition in this field has become increasingly fierce, with OpenAI and Anthropic being major players. On the other hand, Microsoft is facing multiple pressures, with its stock price down 10% this year, underperforming its peers in the hyperscale data center sector.

The bankrupt cryptocurrency exchange FTX's former CEO Sam Bankman-Fried (SBF) posted a series of tweets on X, criticizing the Biden administration's policies on the cryptocurrency industry. SBF stated, "Biden has messed up cryptocurrency," and accused Biden of choosing Gary Gensler to serve as the chairman of the U.S. Securities and Exchange Commission.In his tweets, SBF questioned, "When the U.S. Department of Justice told me that my donations to the Republican Party constituted campaign finance fraud, I asked how that could be?" SBF also remarked, "All the world leaders I have met are fed up with Biden. The Democrats may control the traditional media, but they cannot control the truth."SBF praised Trump: "Fortunately, Trump pardoned those who were framed by drug dealers and Biden, and arrested a real drug dictator. Arresting Maduro was wise, brave, and supportive of democracy."

SBF (@SBF_FTX) posted on X that new evidence shows the Biden administration's Department of Justice has threatened multiple witnesses, forcing them to remain silent or change their testimonies.He is requesting to overturn the conviction and believes that Judge Lewis Kaplan has bias against the defendants, including himself, former FTX executive Ryan Salame, and President Trump, and that the rulings made under unfavorable circumstances have prevented a fair trial in this case.

The X platform account of FTX founder Sam Bankman-Fried (SBF) has recently been posting continuously, stating that former President Trump is correct on cryptocurrency issues, while Biden has messed up cryptocurrency. It is reported that this series of posts was made a few days after the release of former Alameda Research CEO Caroline Ellison.In addition, SBF praised Trump's initiatives on issues outside of cryptocurrency, while claiming, "All the world leaders I have met are fed up with Biden; he chose Gary Gensler as the chairman of the SEC." According to data from the cryptocurrency prediction platform Polymarket, traders currently believe there is a 17% chance that Trump will pardon SBF before 2027.

Binance contracts will automatically liquidate the BIDUSDT, DMCUSDT, ZRCUSDT, and TANSSIUSDT U-based perpetual contracts on January 21, 2026, at 17:00, and the aforementioned perpetual contract trading pairs will be delisted after the liquidation is complete. Users are advised to close their positions manually before trading stops to avoid automatic liquidation of their positions.

Wintermute founder and CEO Evgeny Gaevoy posted on the X platform: "We have evolved from the 'scattergun investment' approach of 2021-2022 to a current project approval rate of only 4%. Wintermute Ventures completed 23 investments in 2025, primarily leading Pre-Seed and Seed rounds, with investments made not for market-making (MM) authorization, completely independent of trading operations."Wintermute Ventures stated that in 2025, approximately 600 companies were reviewed, with 20% entering the formal due diligence stage and 4% of projects receiving funding. The most commonly used financing structures in 2025 were: equity/SAFE and token warrants. The most suitable financing and investment structures will be matched based on the founders' vision for the long-term development of the project.

According to the New York Times, when Trump returned to the White House, over 60% of the cryptocurrency cases the SEC was handling at the time received leniency, with the SEC taking action to suspend lawsuits, reduce penalties, or dismiss cases outright.The SEC has ceased actively pursuing any companies associated with Trump. For companies that have business dealings with the Trump family's cryptocurrency ventures or have donated to his political campaigns, the SEC has made concessions. The only remaining cryptocurrency cases the agency has are against some obscure defendants with no clear ties to Trump.Statistics show that during Biden's term, a total of 105 cryptocurrency cases were filed, while Trump’s first term saw 50 cases, and no cryptocurrency cases were filed during Trump’s second term. During Trump’s second term, the SEC dismissed 33% of the inherited cryptocurrency cases from the Biden era. In contrast, it only dismissed 4% of cases in other industries.Overall, the SEC under Trump inherited 23 cryptocurrency cases—21 from the Biden era and 2 from Trump’s first term—and has withdrawn 14 of them, eight of which were against defendants connected to Trump or his family, with those connections established shortly before or after their cases were resolved.SEC Commissioner Hester Peirce stated in an interview that the decision to dismiss many of these cases was about correcting mistakes, with no political or financial considerations involved.

According to Bloomberg, deep within a vault in Singapore known as the "Asian Fort Knox," lies a complete Triceratops skeleton that is 69 million years old—one of only 24 known in the world. A group of collectors owns it, including Yoann Turpin, co-founder of the crypto market maker Wintermute.The trading executive and his co-investors paid about $5 million for the over five-meter-long fossil, which was transported from Wyoming to Singapore's Le Freeport earlier this year. All four owners have invested in cryptocurrency, including Chaw Wei Yang, who operates a platform focused on collectibles called Co-Museum.This purchase reflects a shift in the tastes of the crypto elite. After experiencing the NFT craze of 2022, their interest in digital art has begun to wane. Nowadays, executives in the digital currency space are increasingly inclined to collect antiques, precious metals, and sculptures.

Uniswap founder Hayden Adams posted on the X platform that the first auction of Uniswap CCA initiated by the Aztec Network project has concluded, with a total bidding amount of 59 million dollars.The auction process did not experience sniping, bundling, or timing games, but rather a slow and fair price discovery, ultimately concluding at a price 59% above the reserve price. A portion of the auction proceeds and token reserves will be used to launch the Uniswap v4 liquidity pool, which will become the largest source of secondary market liquidity.

The Ethereum L2 network Base, incubated by Coinbase, has launched a cross-chain bridge connecting Solana, supporting the native use of Solana assets on Base, and allowing the migration of Base assets to Solana.The bridge is supported by Chainlink's Cross-Chain Interoperability Protocol (CCIP) and ensures security through dual verification of messages by Coinbase and Chainlink nodes.

The fully homomorphic encryption network Zama officially announced that it will sell 10% of the total ZAMA token supply through a sealed-bid Dutch auction on Ethereum, using fully homomorphic encryption (FHE) to keep bids confidential. The tokens will be unlocked immediately to ensure fair distribution and true price discovery, with no bot sniping or gas wars.The auction will take place from January 12 to 15, and the token distribution will occur on January 20. ZAMA is the utility token of the Zama protocol, used to pay for encryption and decryption fees, stake or delegate nodes, and help protect FHE nodes. The mainnet is expected to launch by the end of the year.

Aztec posted on the X platform that its token AZTEC public offering has not yet started, and the pre-bid phase has invested 2,000 ETH.The public offering will take place on December 2.

FTX creditor Arush disclosed on social media that there were three final bidders with financial strength for the FTX 2.0 reboot project, but they were ultimately rejected by the bankruptcy lawyers.Arush revealed that he was recruited by Arj to be responsible for the FTX 2.0 reboot bidding, and his consortium became one of the three final bidders. The three bidders were: Arj/Tribe in partnership with an undisclosed public exchange; Thomas Farley's Bullish; and Mike Cagney's Figure.According to him, each bidding proposal included significant equity components, which could have brought hundreds of billions of dollars in value to FTX creditors.

According to a report by Jinshi citing DPA, former U.S. President Biden criticized his successor Trump, stating that the current president not only demolished the East Wing of the White House but also destroyed America's "democratic" system.CNN quoted Biden's remarks made on the 7th during a Democratic Party event in Omaha, Nebraska, saying: "I knew Trump would bring a wrecking ball to the country, but I have to admit, I didn't know there would really be a wrecking ball."The 82-year-old former Democratic president referred to Trump's demolition of parts of the White House and his desire to convert them into a banquet hall. Trump had previously stated that his banquet hall plans "would not affect the existing structure."The report stated that Biden said: "This is the perfect symbol of his presidency. Trump not only destroyed the White House and the Constitution, but also destroyed the rule of law and our democratic system."

The White House stated that President Trump has officially ended the Biden administration's crackdown on the cryptocurrency industry.