[USDC Treasury Burns $50 Million USDC]
Whale Alert data shows that USDC issuer USDC Treasury has burned 50,000,000 USDC on the Ethereum blockchain, valued at approximately $50 million.
Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.
What to know : Base has seen a surge in creator-coin issuance via Zora, with daily token mints surpassing Solana in August, boosting onchain activity and attention. Some Base-native projects say marketing and social support has become narrowly focused on Zora-linked initiatives, leaving other established communities without recognition. While Base continues to process more than 10 million transactions per day, critics warn that deteriorating builder sentiment could push projects toward rival chains like Solana or Sui.
[Senator Lummis: 2026 Bill Allows Large Banks to Provide Digital Asset Services]
Senator Lummis stated on the X platform that the 2026 'Responsible Financial Innovation Act' will allow large banks to offer digital asset custody, staking, and payment services under proper regulation. She noted that digital assets are an important part of the financial system, and integrating them into the regulated banking system can unlock growth potential while protecting consumers.
Stacks lifted the sBTC supply cap and lowered the minimum casting requirements in the third quarter of 2025, unleashing scalable Bitcoin liquidity, promoting DeFi participation and supporting on chain activity and total lock up volume (TVL) recovery. In terms of quarterly data, the total trading volume increased by 61.9%, daily active addresses increased by 22.6%, DeFi TVL increased by 16.7% in US dollars, and the total number of pledged STX increased by 1.7%. (Messari)
[U.S. Congressman Davidson Calls Bitcoin a Permissionless Peer-to-Peer Payment System]
U.S. Congressman from Ohio, Warren Davidson, stated that the core value of Bitcoin lies in its role as a 'permissionless peer-to-peer payment system,' enabling individuals to have direct control over their funds without relying on third parties, while facilitating rapid asset transfers. Last month, Warren Davidson introduced the 'Bitcoin for America Act.'
[Stanley Huang Reduces 25x ETH Long Position, Realizes $275,000 in Profit]
On December 31, according to HyperInsight monitoring, Stanley Huang reduced his 25x ETH long position to take profit. He currently holds 8,200 ETH (approximately $24.68 million), with unrealized profit of $275,000 and a liquidation price of $2,869.24.