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BlockBeats News, January 16, the AI agent index platform Cookie DAO posted that "InfoFi is changing, and it is time to gradually offline Snaps: close the Snaps platform and all ongoing creator activities, maintain the integrity of the Cookie data layer and its product ecosystem. After communicating with the X team about its API and X's usage policy, we have decided to immediately shut down Snaps and all ongoing activities. Currently, we are actively discussing with X to assess whether Snaps could possibly continue to operate in a new form." "We have always believed that we are in compliance with X's relevant rules and policies. However, it appears that InfoFi is likely to undergo a major transformation. We will wait for further confirmation and guidance from X to determine if creator activities like Snaps may still be possible in the future in some form." "The data used in the Snaps leaderboard comes from an official data source, and we are still a customer of the Twitter Enterprise API. Therefore, maintaining compliance with X's policies has always been our top priority. The rest of the products under Cookie are not affected by this adjustment, and we are still a data-centric project. Over the past six months, we have been building Cookie Pro—an real-time market intelligence product for the crypto industry, scheduled to be officially launched in the first quarter." Earlier report, X revokes API access to "InfoFi" app to reduce platform spam content.

White House officials stated that the Section 232 tariffs on semiconductors announced by the Department of Commerce on Wednesday are a "first phase" measure, and there may be further announcements in the future as negotiations with other countries and companies continue.

BlockBeats News, January 16th. Lael Brainard, a leading candidate for the next Federal Reserve chair, denied concerns from the outside world that it would be difficult for him to convince other Fed officials to support his views if he took office. Brainard said on Thursday: "I am tough enough to win the debate. Anyone who comes to the White House and faces all the questions that can be asked for five consecutive years — like me — is tough enough to face a hostile situation and help people understand why they are right or wrong." Brainard has always advocated that Fed Chair Powell and his colleagues have cut interest rates too slowly, a view shared by Trump. Fed watchers pointed out that interest rate decisions are determined by a majority vote of the Federal Open Market Committee, and a chair nominated by Trump may not be able to build consensus on a significant rate cut. Brainard reiterated that Trump believes the Fed, under Powell's leadership, is politically biased, cutting rates before the 2024 election but stopping the easing cycle after Trump takes office in 2025. "He believes that sometimes their decisions seem partisan." (FX Street)