Eric Adams’ post-mayoral debut in the world of crypto currency ran into a bit of a buzz saw this week, with his new coin, The NYC Token, plunging in value shortly after he announced it as the “future of digital currency” at a frigid Times Square event. The token opened at 60 cents per share […]

The post Eric Adams’ Crypto Coin Accused of Scamming Investors, Hijacking Trademark appeared first on THE CITY - NYC News.

The Information:
Sources: AI chipmaker Cerebras is in talks to raise ~$1B, valuing the startup at $22B before the new investment, up from an $8.1B valuation in September 2025  —  AI chip startup Cerebras Systems is in talks to raise about $1 billion, valuing the company at $22 billion before the new investment …

Reuters:
The US gives a formal green light to sales of Nvidia's H200 chips to China, which cannot receive more than 50% of the total amount of chips sold to US customers  —  The Trump administration on Tuesday gave a formal green light to China-bound sales of Nvidia's (NVDA.O) second most powerful AI chips …

Mount Sinai Hospital fired three nurses via voicemail message on the eve of a massive ongoing strike, a move that amounts to illegal retaliation and intimidation, the New York State Nurses Association said on Tuesday. The three nurses worked in the labor and delivery unit, which has experienced “aggressive anti-union activity,” including disciplining nurses who […]

The post Mount Sinai ‘Unlawfully’ Fired Three Nurses on Eve of Strike, Union Says appeared first on THE CITY - NYC News.

Ben Weiss / Fortune:
Polygon buys crypto startups Coinme and Sequence for a total of $250M+, as it seeks to bolster its stablecoin and fintech infrastructure and compete with Stripe  —  The blockchain developer Polygon Labs has closed deals to buy the crypto startups Coinme and Sequence.