Rug Pull: Cryptocurrency Losses Due to Theft Hit Record High of $4.04 Billion in 2025

**January 13 Update: PancakeSwap Proposes Cutting CAKE Max Supply to 400M** Official sources confirmed on January 13 that the PancakeSwap team has unveiled a new proposal to reduce CAKE’s maximum supply from 450 million to 400 million. The team noted the adjusted cap will be sufficient to support all the protocol’s future development needs. While there’s a ~50 million token buffer between the current circulating supply (≈350 million) and the new 400 million max, the team expects this reserve won’t need to be accessed. It may only activate the buffer in special circumstances. Notably, Pancake’s ecosystem development fund continues to grow steadily, currently holding ~3.5 million CAKE. These reserves will be prioritized for protocol needs before any additional emissions are considered—meaning the protocol is unlikely to return to an inflationary state.

January 13 "An"—the first Chinese meme coin on BSC to use a $1 stablecoin pool—launched today and surged sharply, per GMGN Monitoring (via their Telegram bot at https://t.me/gmgnaibot?start=i_m4TE56o8). It hit a peak market cap of $41 million, now standing at $34.7 million with a current price of $0.034. Notably, the rally came without any positive news or community-driven narrative. While monitoring platforms have found no linked risks, caution is still urged. Market analysts attribute the surge to potential institutional activity. BlockBeats reminds users: Meme coin trading is highly volatile, driven largely by market sentiment and speculative hype, with no real value or use cases. Investors should be mindful of the risks.

On January 13, per LookOnChain monitoring data, Ethereum co-founder Vitalik Buterin has once again sent a portion of unsolicited tokens he received, netting 9.4 ETH (roughly $29,400) in the past 30 minutes.

On January 13, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that wallet address 0x6ba…78468 liquidated $6.1 million worth of ETH, incurring a $55,000 loss after holding the asset for three months. Reportedly, the address accumulated 1,946 ETH between November 17, 2025, and January 8, 2026, at an average price of $3,162.77. Two hours ago, all of the ETH was deposited into Binance (suspected to be sold) at a deposit price of $3,134.32.

On January 13, HyperInsight monitoring shows a new retail trader (address: 0xa445a) opened a 40x-leveraged short position of 125.92 BTC (≈$11.57 million) at an average entry price of $91,316.30, and is currently sitting on a floating loss of $75,000. Prior to this, the address executed its first contract trade on January 9.