ChainCatcher news, Bitget announcement shows that in order to enhance the compliance and transparency of the BGB and burn plan, and to better empower the BGB ecosystem, Bitget Token (BGB) will update and upgrade the burn plan. According to the new rules, the quarterly burn amount of Bitget Token (BGB) will be linked to the "on-chain Gas fees." The new burn mechanism is based on the actual usage scenarios of BGB and ensures community transparency, with the "total amount of BGB used for Gas fees quarterly" being publicly available on-chain.Based on this burn rule, 30,006,905 BGB will be burned in the first quarter of 2025, accounting for approximately 2.5% of the total supply. The corresponding amount of BGB will be sent to the burn address, and the on-chain record will be published upon completion. According to CoinMarketCap data, the market capitalization of BGB is approximately 5 billion USD, ranking 25th. The current total supply is about 1.2 billion, and it is in a 100% fully circulating state.Bitget CEO Gracy Chen stated: BGB is becoming an important bridge connecting centralized and decentralized ecosystems. By linking the burn mechanism to actual on-chain usage, the quarterly burn amount of BGB will dynamically change with real usage. This update not only incentivizes broader usage but also builds a more transparent and sustainable token economic model. As BGB's role in the on-chain ecosystem continues to expand, the burn mechanism will also become more sustainable.

ChainCatcher news, according to Whale Alert monitoring, at 00:14, 00:43, and 5:13 Beijing time today, USDC Treasury burned approximately 50 million USDC on the Ethereum chain, totaling a destruction of about 150 million USDC.

ChainCatcher news, Greeks.live analyst Adam posted on social media, "The market generally holds a bearish sentiment, with most traders expecting prices to decline in the coming weeks, primarily influenced by macro concerns centered around Trump's tariffs. Key price levels include $80,000 as immediate support, with bearish targets extending to $40,000, and only a few isolated bullish voices suggesting a possibility of reaching $100,000 within a few months. Traders believe that tariffs have destroyed market trust, and even if tariffs are reduced before the April 9 deadline, the damage to trade relations has already been done. Gold is seen as a tool to hedge against Bitcoin volatility, with some traders using PAXG to maintain portfolio stability under uncertain market conditions."

ChainCatcher news, according to PeckShieldAlert monitoring, First Digital Labs has destroyed a total of 87 million FDUSD in the past 24 hours. About 49 million FDUSD were destroyed after being transferred from addresses associated with Wintermute to First Digital Labs. In addition, First Digital Labs also sent approximately 53 million FDUSD to an address.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, after Zhao Changpeng publicly donated and destroyed some tokens, the asset balance decreased to around 1.85 million USD, with the top asset being BNB (1780 coins), while the proportion of Meme coin assets dropped to 42%. It is uncertain whether Zhao Changpeng will continue to destroy the remaining Meme coins.As a result of this news, all three destroyed tokens experienced a brief surge, followed by a retraction of the gains.

ChainCatcher message, according to Arkham monitoring, Zhao Changpeng's donation wallet has destroyed $1.1 million worth of Broccoli (0xa14), $540,000 worth of Broccoli (0x6d5), and $1.95 million worth of Tutorial tokens.

ChainCatcher news, uDEX announced that the team has coordinated with all stakeholders and reached the following action plan: the development team wallet (similar to a foundation) will be locked for 2 years; 149 million UUU in the internal wallet (accounting for 14.9% of the total supply) will be used for community airdrops, partnerships, and liquidity, with all operations remaining transparent and implementing rolling locks; 500 million UUU (accounting for 50% of the total supply) will be sent to a black hole address for permanent destruction, expected to be completed soon; 18 million UUU related to insider trading will be destroyed with the assistance of Binance.Previously, according to an official announcement from Binance, its internal audit team received a report on March 23, 2025, alleging that an employee used insider information for front-running trades to gain improper profits. Binance launched a comprehensive internal investigation. The preliminary investigation has now concluded, and the person involved has been suspended and will face legal accountability.

ChainCatcher news, according to the official announcement from uDEX, the project has coordinated with all stakeholders and reached the following action plan aimed at eliminating market concerns and promoting the project's advancement:The development team's wallet (similar to a foundation) will be locked for 2 years;149 million $UUU (accounting for 14.9% of the total supply) in the internal wallet will be used for community airdrops, partnerships, and liquidity provision, with all operations remaining transparent and implementing rolling locks;500 million $UUU (accounting for 50% of the total supply) will be sent to a black hole address for permanent destruction, expected to be completed in the near future;18 million $UUU related to insider trading will be destroyed with the assistance of Binance;

ChainCatcher news, according to the announcement from GoPlus Security, the first batch of $GPS token buybacks has been executed, with the current total buyback amount reaching 34,906,177 tokens. The buyback is still ongoing, and all tokens will be uniformly destroyed after the buyback is completed.

ChainCatcher news, after ZachXBT questioned Crypto.com about the reissuance of 70 billion CRO tokens that had been previously destroyed, Crypto.com CEO Kris blocked ZachXBT on social media, to which ZachXBT responded, "The truth is heartbreaking."Previous news, on-chain detective ZachXBT stated that the Crypto.com team recently reissued 70 billion CRO tokens that were promised to be "permanently destroyed" in 2021, accounting for 70% of the total supply. This move severely violates community consensus, as the team controls the majority of the token circulation.ZachXBT criticized this behavior as akin to fraud and questioned why Truth still chose to cooperate with them instead of other platforms like Coinbase or Kraken.

ChainCatcher news, on-chain detective ZachXBT posted that the Crypto.com team recently reissued 70 billion CRO tokens, which were previously promised to be "permanently destroyed" in 2021, accounting for 70% of the total supply. This move seriously violates community consensus, as the team controls the majority of the token circulation.ZachXBT criticized this behavior as akin to fraud and questioned why Truth still chooses to cooperate with them instead of other platforms like Coinbase or Kraken.Previous news, Trump Media & Technology Group (TMTG) announced that it has reached a preliminary cooperation intention with the crypto trading platform Crypto.com, planning to jointly launch a series of ETFs and related products through its fintech brand Truth.Fi, expected to be officially launched in 2025, pending the signing of a final agreement and regulatory approval.

ChainCatcher news, regarding the proposal to restore the 70 billion CRO that were destroyed, which was voted through by Cronos, Sonic co-founder Andre Cronje (AC) posted on the X platform questioning and mocking: "Tomorrow, Cronos's market cap will rise from $2.5 billion to $8.5 billion, with just one vote, and this only requires one voter. 1. Market cap is a meme. 2. Decentralization doesn't matter until it matters. 3. Immutability doesn't matter until it matters."Previous news, the proposal to restore the 70 billion CRO by Cronos was voted through, raising questions in the community during the voting process.

ChainCatcher news reports that voting data on Mintscan shows that the proposal to restore the 70 billion CRO tokens that were destroyed has passed with a support rate of 62.18%. This proposal suggests restoring the 70 billion CRO tokens destroyed in 2021 to establish a strategic reserve for Cronos and will update network parameters and token distribution in the Cronos POS V5 upgrade.Additionally, according to Un Chained, the aforementioned proposal had slightly more votes in favor than against before March 16, but it had not yet reached the required quorum of 33.4% to take effect at that time. Just before the voting was about to close, 3.35 billion CRO tokens were added to the yes category, reaching the quorum, and the turnout far exceeded the maximum voting rate.Sources say that the problematic votes came from large validators operated by Crypto.com (including Starship, Falcon Heavy, Electron, Antares, and Minotaur IV), which control 70-80% of the total voting power. One token holder commented on the final result in Telegram, saying, "They (Crypto.com) voted almost at the last minute. Now they have set a precedent that other projects can follow."

ChainCatcher news, Layer1 blockchain Cronos is facing strong opposition due to a proposal to recover 70 billion CRO tokens that were destroyed in 2021. Early voting results on Mintscan show that 95.7% of participants voted against the plan. The voting is expected to end on March 17.Additionally, Cryptoslate reported that CRO advocate Wyll Bilderberg stated on the X platform: "Destruction is destruction; destroyed tokens should not be revived. I almost never oppose anything happening on Cronos, but today, I strongly oppose this. If this bill passes, it will only confirm that Cronos is highly centralized and therefore untrustworthy."In a previous news update, Cronos proposed to reissue 70 billion destroyed tokens to "create a strategic reserve for Cronos."

ChainCatcher message, GoPlus Security alert, Ronaldinho's STAR10 token has serious security risks. GoPlus has discovered that the token owner can arbitrarily destroy any holder's tokens. Since ownership has not yet been relinquished, all tokens are at risk of being destroyed without warning.GoPlus Security urges the Ronaldinho team to immediately relinquish ownership to protect community safety. At the same time, it reminds traders to remain highly vigilant regarding this token and suggests that BNB Chain notify users to be aware of the associated risks.

ChainCatcher news, the EVM-compatible blockchain Cronos proposed to reissue 70 billion previously destroyed tokens into a strategic reserve custody wallet, restoring the total supply of tokens to the initial supply of 100 billion CRO. The strategic reserve custody wallet will be subject to a new 5-year lock-up period in addition to the 5-year lock-up period that has already passed, resulting in a total vesting period of 10 years. Vesting will occur linearly on a monthly basis and will be managed through the native Cosmos SDK vesting account mechanism on the Cronos POS chain (technically, vesting occurs approximately every 30.4 days or 2,628,000 seconds). The official statement indicated that the Cronos strategic reserve custody wallet will operate under strict control mechanisms.Previously, Cronos had destroyed 70 billion CRO in 2021.

ChainCatcher message, according to Whale Alert monitoring, approximately 711,751,904 USDD were burned on the Tron network about 6 minutes ago.

ChainCatcher message, according to Etherscan data, the address starting with 0x2b16 destroyed 17,262.99 MKR one hour ago, which is exchanged for 416,711,896.8 SKY at the official rate (1:2400).The address starting with 0x06bF destroyed 20,933.76 MKR 25 minutes ago, exchanged for 502,410,240 SKY. It then destroyed 15,001.38 MKR again 10 minutes ago, exchanged for 360,033,258 SKY.

ChainCatcher message, according to Whale Alert monitoring, approximately 2 minutes ago, 17,362 MKR were burned in an unknown wallet, worth $20,210,634.