Main password: Mining pool LuBian transfers 9757 BTC to new wallet, main player trades $400 million bet on this direction

[Sony Applies for Banking License to Offer Cryptocurrency Services] Sony, through its online banking division, has applied for a national banking license, planning to provide cryptocurrency and stablecoin-related services. This application joins the ranks of crypto companies such as Stripe, Coinbase, Paxos, and Circle seeking OCC licenses. This move indicates that traditional enterprises are accelerating their entry into the crypto space, potentially driving further refinement of the industry's regulatory framework. (Decrypt)

[Coinbase Adds BNB to Listing Plan] Coinbase announced that BNB has been added to its listing roadmap, with the specific launch date yet to be disclosed.

In the 20th century, investors who understood energy shaped industries and built massive fortunes. This century, the commodity that matters most is compute, whether you’re mining bitcoin or training AI models, writes HIVE Blockchain Technologies’ Frank Holmes.

What began as a macro-driven unwind on crypto Black Friday rapidly evolved into a market-wide stress event — underscoring how tightly coupled liquidity, collateral and oracle systems have become, writes CoinDesk Data’s Joshua de Vos.

CEO Brad Garlinghouse, whose company is seeking a federal bank license and Federal Reserve "master account," called banker pushback "hypocritical."