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Eric Adams, who stepped down as New York City’s mayor two weeks ago, made a high-profile entry into the crypto space with the launch of his own token, NYC.Less than 24 hours later, more than half of the 4,300 traders who bought the token were left with losses. The project quickly took on the characteristics of a meme coin, with analysts describing the episode as a textbook rug pull scenario.Sponsored SponsoredThe Unexpected Comeback of Political Meme CoinsMost people thought that 2025 had marked the end of the meme coin wave. After a series of high-profile launches by sitting presidents that ended…

A recently-discovered ransomware dubbed “DeadLock” is stealthily exploiting Polygon smart contracts to rotate and distribute proxy addresses, say researchers at cybersecurity firm Group-IB.The company reported on Thursday that the DeadLock ransomware, first discovered in July, has seen “low exposure” as it isn’t tied to any known data leak site or affiliate programs and has a “limited number of reported victims.”However, Group-IB warned that even though the ransomware is “low profile,” it uses “innovative methods” that could be dangerous to organizations that don’t take the malware seriously, “especially since the abuse of this specific blockchain for malicious purposes has not been…

Blockchain infrastructure firm Global Settlement Network has announced a pilot to tokenize water treatment sites in Jakarta, aiming to eventually scale it out to the rest of Southeast Asia over the next 12 months with $200 million in tokenized assets.Real-world asset tokenization involves minting financial and other tangible assets on the blockchain to increase investor accessibility and trading opportunities.The initial pilot targets eight government-contracted water treatment sites in Jakarta for tokenization, aiming to raise up to $35 million for upgrading the facilities and expanding the water network in the area, according to a statement on Wednesday.As part of the initiatives’…

In brief X restricted Grok image generation and editing features and limited access to paid subscribers. The changes followed reports of non-consensual sexualized AI images, including those involving minors. Regulators in California, Europe, and Australia are investigating xAI and Grok over potential violations. X said it is restricting image generation and editing features tied to Grok, limiting access to paid users after the chatbot was used to create non-consensual sexualized images of real people, including minors.In an update posted by the X Safety account on Wednesday, the company added technical restrictions to limit how users can edit images of real…

About Sterling Brasher Full Name: Sterling Brasher Designation: Product Owner/Treasury Management Consultant Country: United States Sterling’s Learning Journey That Inspires Which 101 Blockchains Course(s)/Certification(s) did you complete? I have successfully earned the Certified Fintech Expert (CFTE)™ credential from 101 Blockchains. Why did you choose this program, and how was your overall learning experience with 101 Blockchains? I chose the CFTE certification from 101 Blockchains because, working in treasury and fintech, I see how digital technology is changing the way we operate. I wanted more than just high-level concepts or trends; I was looking for a program built on solid business…

In brief TD Cowen cut its Strategy price target to $440 but kept a buy rating. Strategy recently raised a further roughly $1.25 billion and used nearly all of it to buy more Bitcoin. Analysts link the strategy to broader shifts in Bitcoin’s institutional market structure. TD Cowen trimmed its price target on Michael Saylor’s Strategy (Nasdaq: MSTR) to $440 from $500, even as the firm presses ahead with its aggressive Bitcoin purchases. The research and investment banking division of TD Securities maintained a buy rating but flagged near-term pressure on its key performance metric amid price compression.“Strategy has not only…

Key Takeaways Silver surged to a new all-time high amid Fed turmoil and supply shocks. China’s export curbs and a weaker dollar intensified buying pressure. Despite overbought signals, the broader trend remains upward. Silver (XAG) has not stopped running to a new record high, and obviously, crypto can’t keep up. On Monday, Jan. 12, the precious metal rallied to a new all-time high of $86.22. Around the same period, the Bitcoin (BTC) price and most altcoins in the top 10 struggled to record gains. However, Silver’s price increased by 6% on the same days. This rally marks a staggering 180%…

US President Donald Trump has recently highlighted Greenland as a national security interest. This focus, however, appears to be linked to the interests of the American technology sector. Greenland’s large territory, significant mineral resources, and sparse population make it an attractive gateway for acquiring resources vital to advanced industries. In this context, a US acquisition of Greenland might not be unexpected. American tech billionaires heavily supported Trump’s 2024 campaign, funding that often comes with expectations. Greenland first captured Trump’s attention in August 2019 during his first presidency. He described it then as “a large real estate deal” and mentioned contemplating…

Monero (XMR) climbed to a new all-time high on Wednesday, breaking above the $797 mark as investors piled into privacy-focused cryptocurrencies. The move capped a week-long rally that lifted XMR by more than 50%, making it one of the strongest performers in the crypto market.The surge pushed Monero’s market value above $13 billion and briefly placed it among the top 15 cryptocurrencies by market cap. Trading volumes also spiked as buyers rushed to gain exposure.Sponsored SponsoredRising Demand for Financial PrivacyThe main driver behind the rally is a sharp rise in demand for financial privacy. Across major markets, regulators are tightening…

The latest version of a Senate market structure bill bans passive yield on stablecoin holdings.But it protects certain software developers from prosecution under money transmission laws.A version under negotiation in the Senate’s Agriculture Committee will be filed before the end of the month.Stablecoin issuers will be forbidden from paying passive yield under the latest version of a landmark crypto bill filed by US Senators on Monday night, marking a major victory for banks that had warned the tokens could undermine their ability to lend to businesses and homebuyers.But it includes significant protections for software developers such as Tornado Cash co-founder…