Michael Saylor stated that major banks are adopting Bitcoin faster than expected, and he expects significant changes to occur in 2026. （The Bitcoin Historian）

[HSBC's Tokenized Deposit Private Chain Standard is Now Compatible with Ethereum] Sun Lei, Global Head of Local and Innovative Payment Products at HSBC Global Payment Solutions, stated that HSBC has long been investing resources to advance its tokenized deposit business. The current tokenized deposit private chain standard used by HSBC is now compatible with Ethereum's EVM and aligns with the ERC-20 standard. Sun Lei mentioned that even if only 5% to 10% of commercial bank deposits are tokenized in the future, their scale will far exceed that of any cryptocurrency currently on the market. Additionally, HSBC does not rule out the possibility of adopting a public chain technology route in certain user scenarios and has already discussed programming applications for tokenized loans with clients.

[HSBC Advances Tokenization of Central Bank Money and Deposits] Sun Lei, Global Head of Local and Innovative Payment Products at HSBC Global Payment Solutions, stated that the Hong Kong Monetary Authority (HKMA) is working with HSBC to explore tokenized central bank money (CeBM). CeBM is a digital infrastructure that complements the Real-Time Gross Settlement (RTGS) system, though there is currently no specific timeline. Additionally, HSBC has long invested resources in advancing tokenized deposit businesses, and it is estimated that even if only 5%-10% of commercial bank deposits are tokenized, their scale would surpass that of any existing cryptocurrency.

[Paradex User Suffers $219,000 Loss Due to Misquoted Forced Liquidation] User Systemic Strategies reported that after trading options with extremely low implied volatility on the Paradex platform, their account was locked and positions were forcibly liquidated, resulting in a loss of $219,922. The user had initially planned to report the options quotation issue through the bug bounty program but decided to continue trading after testing revealed unrealized profits could not be withdrawn and market makers did not adjust the quotes. The platform later acknowledged the quotation error but accused the user of violating trading rules, labeling them as an 'attacker' and refusing compensation.

[The Dollar Remains Weak After Hitting a Five-Week Low, Market Expects an 85% Probability of a Fed Rate Cut in December] The dollar remained weak after hitting a five-week low in the previous trading session, as U.S. data and news about the Federal Reserve chair nomination boosted rate cut expectations. On Wednesday, the ADP private sector employment report came in weaker than expected, and ISM services data showed easing price pressures. Prior to the release of this data, Trump hinted at nominating Hassett as the next Federal Reserve chair. According to LSEG data, the market is pricing in an 85% probability of a Fed rate cut in December.