[Gate Completes Q4 2025 GT Burn, Transfers 2.1639 Million Tokens to Burn Address] On-chain data shows that Gate completed the Q4 2025 GT burn operation half an hour ago, with a total of 2.1639 million GT (valued at approximately $22.28 million) transferred to its GT burn address. As of now, Gate has cumulatively burned 185 million GT (valued at approximately $1.9 billion), accounting for 61.67% of the total GT supply of 300 million tokens. After the burn, the actual circulating supply of GT is 115 million tokens, with a market value of approximately $1.186 billion.

[Whale address 0xfc78 buys 3.27 million Binance Life tokens, with an unrealized loss of $157,000] On January 8, according to monitoring by Lookonchain, address 0xfc78 invested 607.5 BNB (approximately $547,000) to purchase 3.27 million Binance Life tokens after 'Binance Life' launched spot trading on Binance last night. Currently, the value of holdings at this address has dropped to approximately $390,000, resulting in an unrealized loss of $157,000.

[Hyperliquid Whale BTC Short Position Unrealized Profit of $2.1 Million] On January 8, according to Hyperinsight monitoring, the largest BTC short whale address 0x94d37 on the Hyperliquid platform shorted 1,599.61 BTC (approximately $144 million) with 10x leverage at an average entry price of $91,331.6, currently with an unrealized profit of $2.1 million. In addition, the whale has also taken high-leverage short positions on 6 altcoins, all of which are in a state of unrealized profit.

[An address sold 129.15 billion PEPE at a loss of $511,000] According to monitoring by Lookonchain, on January 8, an address sold 129.15 billion PEPE approximately one hour ago after holding it for over 5 months. The transaction amount was around $822,000, resulting in a total loss of about $511,000.

[South Korea Plans to Require Stablecoin Issuers to Be Bank-Controlled and Set a 5 Billion KRW Paid-in Capital Threshold] The Financial Services Commission (FSC) of South Korea has endorsed the central bank's proposal to restrict stablecoin issuance to alliances led and majority-controlled by banks. According to the revised bill submitted to the National Assembly, alliances where banks hold a majority stake can issue stablecoins, while tech companies may serve as the largest single shareholder, but banks must maintain overall majority control. The proposal requires issuers to have at least 5 billion KRW (approximately $3.7 million) in paid-in capital, with the threshold potentially increasing as the market evolves. Additionally, cryptocurrency exchanges will need to meet higher standards for IT stability, compensate for losses from hacking incidents, and face fines of up to 10% of annual revenue. Lawmakers plan to establish a special task force to propose alternative legislative solutions.