Certain privacy-focused tokens have seen a significant increase in value, with DCR experiencing a nearly 40% surge in a single day.

**Crypto Meme Coin Update: BSC Chinese Coins, Solana Meme Stars Dominate Spotlight** After mainstream meme coins surged last week, Chinese meme coins on BSC and Solana ecosystem tokens grabbed this week’s market spotlight—with multiple projects hitting new all-time highs. Per GMGN market data: - **The White Whale (Solana)** jumped 513.7% in two weeks, pushing its market cap to $200 million. - **114514** rallied sharply over two days, peaking at a $30 million valuation before retracing quickly. On BSC, Chinese meme coins took center stage: - **Binance Life** listed on Binance Spot this week, acting as a key catalyst. As of press time, it holds a $182 million market cap with a 45.1% weekly gain. - **Life Candlestick** topped $27 million (now $27.46M), up nearly 10x in two days. - **Here I F**king Come** launched Jan 12; current market cap $41.91M, up over 50x in four days. - **Your Dad** launched <48 hours ago, already topping $10 million in market cap. **BlockBea

On January 11, Elon Musk announced on X that the platform’s new algorithm will be open-sourced within the next seven days—including all code that powers recommendations for both organic search results and ad content to users. This process will repeat every four weeks, with detailed developer documentation. In response, ZachXBT—known as the “On-chain Detective”—said X should reduce its algorithm’s sensitivity. According to him, if users like or view posts unrelated to their interests on the For You page, they’ll be flooded with similar content, while posts from followed accounts or topics they engage with won’t show up on the page. Separately, CryptoQuant CEO Ki Young Ju noted that X bots posted 7,754,367 crypto-related tweets yesterday—a 1,224% surge. This spike led the X algorithm to block crypto-related content.

On January 11, security firm Malwarebytes (cited by Engadget) reported that Instagram suffered a data breach exposing sensitive information of roughly 17.5 million users—including usernames, email addresses, phone numbers, and physical addresses. The compromised data has been listed for sale on the dark web, and is being used in phishing attacks and account takeovers. Malwarebytes noted the incident may tie to an API exposure issue Instagram faced in 2024. Affected users have recently received frequent password reset emails. Meta has yet to issue an official response. Security experts advise users to enable Two-Factor Authentication (2FA) and change their passwords.

On Jan. 11, blockchain analytics firm Onchain Lens reported that Bitmine has staked an additional 86,400 Ethereum (ETH), valued at $2.663 billion. This brings Bitmine’s total staked ETH to 1,052,192, worth approximately $3.25 billion.

January 11 – Per GMGN market data, the Chinese meme coin Laozi has topped $11 million in market capitalization, currently at $11.18 million, hitting another all-time high. The token has surged nearly 44.37% over the past hour. This meme-focused Chinese token traces its roots to a tweet from Binance CEO Changpeng Zhao (CZ). BlockBeats Note: Meme coins are highly volatile, often driven by market sentiment and speculative narratives with no inherent value or practical use cases. Investors should be aware of associated risks.

As of January 11th, per Polymarket data, the likelihood of a U.S. strike against Iran by January’s end has risen to 46%, while the probability of such an action by March’s end stands at 62%. This morning, former President Trump received a briefing on potential strikes against Iran but has not yet made a final decision. Additionally, the Pentagon Pizza Index saw a sharp surge overnight and this morning.