CZ on Prediction Market Development: Early Stage, Regulatory and Competitive Trends Still Pose Significant Uncertainties

On Jan 14, the fourth episode of the TV special *Never Stop, Never Retreat*—co-produced by China’s Central Commission for Discipline Inspection (CCDI) and National Supervisory Commission (NSC) and CCTV—aired, focusing on “Technology Empowering Anti-Corruption.” The episode spotlighted the case of Yao Qian, former director of the China Securities Regulatory Commission (CSRC)’s Science and Technology Supervision Department and former head of its Information Center. It detailed virtual currency storage and transfer mechanisms, noting that using virtual currencies to hide corrupt proceeds is a new form of hidden corruption. Cai Kunqing, a staffer with Guangdong’s Shantou Municipal Commission for Discipline Inspection and Supervision, stated: “During searches, two key items must be checked: first, whether a hardware wallet exists; second, whether there are papers with irregular mnemonic phrases—these are critical.” Using blockchain technology, the task force not only traced the 201

On January 14, Musk stated Grok would refuse to generate any illegal content when asked to create a meme. A week prior, Grok faced accusations of producing explicit images of minors, sparking controversy.

On January 14, CZ hosted a Chinese-language AMA at Binance Square to address recent community concerns. Below is a summary from BlockBeats: ### **On Meme Coin Hype** CZ noted he’s fond of meme culture but has no personal interest in trading meme coins. He stressed the focus on refining BSC’s infrastructure to support users’ investment and trading needs. Regarding early token concentration with “Young Pioneers,” CZ said this is, in part, a reflection of decentralization. Early participants face risks too, and later buyers must do their own research. He added there’s no need for third-party intervention at this stage. CZ noted a truly successful meme coin needs “references and historical stories” — and genuinely valuable ones are rare. Over 90% of meme coins fail, so investors must take responsibility for their choices. He specifically stressed he doesn’t want most meme coin promoters to fixate on him or his tweets; that said, he won’t stop tweeting due to the attention (it’s h

January 14th: U.S. November retail sales rose 0.6% month-over-month, beating expectations of 0.4%.

Additionally, U.S. November PPI was 3% year-over-year, higher than the 2.7% forecast; month-over-month PPI came in at 0.2%, matching expectations.

Jan. 14 — Axios reports that Project Eleven, a startup focused on protecting cryptocurrencies from quantum computing threats, has closed a $20 million funding round, valuing the company at $1.2 billion. Quantum computing could break the cryptographic mechanisms underpinning cryptocurrency security — a longstanding concern in the crypto industry. Project Eleven aims to address this by developing solutions that resist quantum attacks, safeguarding blockchain networks and digital assets.

**Binance Wallet Completes Third Fogo (FOGO) Pre-TGE Prime Sale** January 14th — Binance Wallet announced the close of its third round of the Fogo (FOGO) Pre-TGE Prime Sale. The event was oversubscribed 40.8x, raising a total of 316,385 BNB. FOGO token trading will launch on January 15, 2026, at 8:00 PM UTC+8. Users who claimed their Prime Sale Key can check their balances and trade FOGO in their Binance Alpha accounts then.