Important information from last night and this morning (January 19-January 20)

Sky Protocol repurchased 31.57 million SKY tokens last week, bringing its total to over $102 million. According to official data released by Sky, Sky Protocol repurchased approximately 31.57 million SKY tokens for $1.9 million last week. To date, this decentralized buyback mechanism has accumulated investments exceeding $102 million. MegaETH will launch mainnet on January 22nd, with a global stress test to follow. According to the official MegaETH announcement, its mainnet will launch on January 22nd, initially undergoing a 7-day global stress test, aiming to process 11 billion transactions and achieve 15,000 to 35,000 TPS. During the test, multiple on-chain interactive applications will be launched to verify the system's stability under high load. The mainnet will then officially open, initially integrating USDM-powered DeFi and consumer applications. FG Nexus sold another 2,500 ETH, still holding over 37,000 ETH. The treasury company FG Nexus sold another 2,500 ETH today, worth approximately $8.04 million. It currently holds 37,594 ETH, equivalent to approximately $119.7 million at current prices. Previously, the company transferred 10,975 ETH, worth approximately $33.6 million, to Galaxy Digital between November 18th and 19th, 2025. Pump.fun Pump Fund, an investment arm, was established, and a hackathon with a prize pool of $3 million was launched. |2024111120231_| announced that its newly established investment arm, Pump Fund, will launch the "Build in Public" hackathon with a total prize pool of $3 million. The hackathon will fund 12 projects, providing $250,000 in funding to each, corresponding to a valuation of $10 million. Participants must issue tokens and publicly build their projects. The event emphasizes a user-market-centric judging mechanism. Non-crypto projects are also welcome to participate. Registration closes on February 18th, and the first batch of winners will be announced within 30 days. The People's Bank of China (PBOC) kept the one-year and five-year loan prime rates (LPRs) unchanged at 3% and 3.5% respectively, marking the eighth consecutive month of no change. Bermuda announced plans to build the world's first fully on-chain national economic system. According to Circle's official website, the Bermuda government announced at the World Economic Forum in Davos that it plans to build the world's first fully on-chain national economic system with the support of Circle and Coinbase. This plan will promote digital payments, asset tokenization, and financial education through the stablecoin USDC, alleviating the problems of high local payment costs and limited infrastructure. Circle and Coinbase will provide blockchain infrastructure and tools for the government, banks, and merchants. This initiative is based on Bermuda's digital asset regulatory framework introduced in 2018. Zama, the open-source cryptography company that builds state-of-the-art fully homomorphic encryption (FHE) solutions for blockchain, has announced the launch of its $ZAMA token staking feature on mainnet. Token holders can delegate their tokens to 18 operational nodes.