Eleanor Terrett reports that competing industry reports reveal a split among major DeFi players over when human control turns DeFi into a regulated investment product as the SEC issues decentralization guidance after the Clarity Act stalled in Congress.

Pando Rings hacker sells 6240 ETH for 10.29M DAI, booking over $290K profit after buying the dip at $1602.

HYPE at $73.31 as USDH deployer unstakes 1.01M tokens worth $72.45M and routes 80K into HyperLiquid sales.

Bitmine adds 107,992 ETH valued at $248M to staking, boosting total to 3.92M ETH worth $8.98B amid Ethereum price analysis and crypto whale movements.

According to CoinMarketCap, Uniswap executed its UNIfication on-chain, redirecting fees to buy back and burn UNI and completing an additional 100M UNI burn, a change that directly reduces token supply via fee-funded burns (source: CoinMarketCap, Jan 2, 2026). Raydium launched Raydium Perps with 100+ markets powered by Orderly, expanding derivatives trading venues and market coverage for DeFi traders (source: CoinMarketCap, Jan 2, 2026). Lifinity is shutting down after four years, with users able to redeem xLFNTY and related NFTs for USDC as part of the wind-down process (source: CoinMarketCap, Jan 2, 2026).