Tron Inc. Announces Q3 Financial Report: Net Profit of $12.174 Million, Shareholders' Equity Exceeds $239 Million

[U.S. Stock Sell-Off Intensifies: S&P 500 Index Drops Over 1% Three Times in Eight Days] Recent minor sell-offs in U.S. stocks have caused market turbulence, with the S&P 500 index falling nearly 1.7% on Thursday, marking the third time in eight trading days that the decline reached or exceeded 1%. Other risk assets were also affected, with Bitcoin dropping below $100,000 and small-cap stocks falling 2.8%. Despite market instability, corporate executives remain optimistic about future earnings. Horizon Investment Chief Investment Officer Scott Ladner stated that this earnings season has been strong, with profit margins near historical highs, potentially presenting a buying opportunity during the dip.

[Binance Alpha Launches Play Solana (PLAYSOLANA)] Binance Alpha has officially launched Play Solana (PLAYSOLANA).

Strategy will transfer 58915 BTC (approximately $5.77 billion) to a new wallet today, which may be used for custody purposes. （Lookonchain）

On the same day that XRP's new exchange traded fund set a daily net inflow record for 2025, Bitcoin and Ethereum funds experienced one of the worst investment performance days. （Decrypt）

[The Independent Community Bankers of America Urges OCC to Block Sony's Stablecoin License Application] The Independent Community Bankers of America (ICBA) has submitted a letter to the U.S. Office of the Comptroller of the Currency (OCC), requesting it to block Connectia Trust, a subsidiary of Sony Bank, from obtaining a national trust license to issue a U.S. dollar stablecoin. ICBA pointed out that the stablecoin exhibits 'deposit-like' characteristics but is not subject to federal deposit insurance or the Community Reinvestment Act (CRA) and could potentially trigger restrictions under the Bank Holding Company Act through mechanisms such as debit cards. Additionally, ICBA raised concerns about Sony Group's influence over Sony Financial. Currently, several companies, including Coinbase, Circle, Ripple, Paxos, and the stablecoin division of Stripe, Bridge, are also seeking federal licenses.