Scroll Network Co-founder's Account Kenneth Shen Hacked, Currently Sending Out Phishing Scam Messages via DM

Per Whale Alert data, the USDC Treasury burned 50 million USDC on the Ethereum blockchain 5 minutes ago (January 25th).

On Jan. 25, OnChainSchool.pro monitoring shows a PUMP whale transferred all its PUMP tokens—valued at $11 million—to Binance roughly 4 hours ago. The whale is expected to net around $3.15 million in profits from the move, a roughly 40% return. The whale had been gradually accumulating these tokens from multiple exchanges over the past month.

On Jan. 25, Caixin reported that in the case of Qian Zhimin’s 60,000 BTC money laundering, British prosecutors still insist the proposal they submitted to the court on Oct. 15, 2025 — to set aside a portion of assets during civil asset recovery for overall compensation to a large number of Chinese victims — is the most effective practical solution. This means once the assets (funds) are set aside, Chinese and British law enforcement can later transfer them to China to implement a specific victim compensation plan, which will disburse payouts after verifying victims’ identities and losses. Notably, Chinese victims hoping for a relatively “satisfactory” high payout from Bitcoin’s multi-year price surge under this approach will be disappointed: the proposal’s implied compensation boundary mostly covers actual losses already registered and confirmed by Chinese police.

January 25th: Per EmberCN monitoring, an ETH whale who had borrowed USDT by staking ETH on Spark reduced their position to protect collateral amid a drop in ETH prices. The whale sold 11,190 ETH on OKX for $32.83 million, then withdrew 26.55 million USDT from the exchange to repay part of their loan. Post-reduction, the liquidation price for their ETH-backed borrowing position fell to $2,268 (vs. the current ETH price of $667). They still hold 37,400 ETH staked on Spark (valued at $110 million) securing a $62.57 million loan.

On January 25, the White House’s official X account tweeted: “Thanks to President Trump, the U.S. has become the world’s crypto capital.” Mike Selig, the new chairman of the U.S. Commodity Futures Trading Commission (CFTC), commented: “There’s no better place for startups than the world’s crypto capital. Thanks to President Trump’s leadership, the CFTC is updating its regulatory framework to ensure cryptocurrency and decentralized finance thrive in the United States.”

January 25th — Per GMGN market data (link: https://gmgn.ai/bsc/token/i_m4TE56o8_0xf74548802f4c700315f019fde17178b392ee4444), the BSC-based meme coin "memes" has surged over 85% in the past 6 hours, with its 24-hour gain climbing to 102.3%. It’s currently valued at $18.5 million, and its 24-hour trading volume has hit $39 million. Sources report "memes" was spurred by a tweet earlier today from the official White House account that read: "The winning will continue. The deportations will continue. The memes will continue." BlockBeats Note: Meme coins are extremely volatile, heavily reliant on market sentiment and hype, with no intrinsic value or practical use case. Investors should be aware of the associated risks.