Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

Jan. 13 Per PeckShield monitoring, cryptocurrency-related theft hit an all-time high in 2025, driven primarily by systemic vulnerabilities in centralized infrastructure and a strategic shift toward targeted social engineering attacks. Total losses in 2025 topped $4.04 billion—up roughly 34.2% from the $3.01 billion stolen in 2024. The breakdown includes: - $2.67 billion in crypto hacking losses (a 24.2% year-over-year increase) - $1.37 billion in fraud losses (a 64.2% year-over-year jump) Roughly $334.9 million in stolen crypto has been recovered or frozen, down from $488.5 million in 2024.

Jan. 13 — Crypto journalist Eleanor Terrett reported that banks may have gained the upper hand in the latest stablecoin yield developments. A newly leaked draft of the *Clarity Act* (page 189) mandates companies cannot pay interest solely based on user account balances. Users may still earn rewards, but these must be tied to specific actions: opening an account, executing transactions, staking, providing liquidity, offering collateral, and participating in network governance. Senators have 48 hours to propose amendments to the draft, so it remains uncertain whether these provisions will stay in the Thursday version.

On January 13th, NYC Token experienced sharp price swings (surge followed by a pullback) after listing, sparking community concerns. The project team issued a statement on X to clarify: Early post-listing market support and demand exceeded expectations, prompting NYC Token’s partners to conduct a liquidity rebalancing operation on the liquidity pool. The team has since noted community reports of "liquidity removal," launched TWAP fundraising efforts, and added funds to the liquidity pool. It emphasized the team’s commitment to the project’s long-term development.

On January 13, Uniswap founder Hayden Adams commented on the NYC Coin incident involving former New York City Mayor Eric Adams, slamming celebrities and politicians for exploiting blockchain to carry out fraudulent schemes. Adams noted that celebrities have viable, legitimate ways to profit from blockchain technology—such as issuing tokens while maintaining liquidity, delivering real value to holders, and ensuring project transparency. He emphasized blockchain is “an unprecedentedly powerful tool for collaboration, monetization and value distribution” used by millions globally—but celebrities often leverage it for short-sighted fraud. Adams argued that running blockchain projects honestly would let celebrities earn more, safeguard their reputations, and steer clear of legal trouble.

January 13: U.S. December CPI data is set for release at 21:30 tonight. The market broadly expects the inflation reading to reflect persistent price pressures while remaining below the Federal Reserve’s 2% target. Per a composite survey from Bloomberg and FactSet: - Headline CPI: +0.3% month-over-month, +2.7% year-over-year (forecast) - Core CPI (excluding volatile food/energy): +0.3% month-over-month, +2.7% year-over-year (forecast) While the Cleveland Fed’s Nowcast model projects a slightly softer core CPI (0.22% month-over-month), mainstream Wall Street consensus is that inflation has not cooled meaningfully. CME Group data indicates the market assigns a 95% probability the Fed will hold interest rates steady at its January meeting.