Fnance Times

Sony has filed for a U.S. bank license through its subsidiary Connectia Trust to issue a dollar-backed stablecoin, joining major firms awaiting OCC approval for national crypto banking operations.
The post Sony Shocks Wall Street: Tech Giant Seeks U.S. Bank License to Issue Its Own Stablecoin appeared first on Cryptonews. …

OKX expanded its custody partnership with Standard Chartered to Europe, offering bank-grade protection.
The post OKX Expands Standard Chartered Custody Partnership to Europe for Safer Institutional Trading appeared first on Cryptonews. …

A trader dubbed “Trump’s insider” opened a $120 million to $127 million Bitcoin short position at $111,386 ahead of a presidential announcement maintaining a 100% win rate after generating $190 million to $200 million in profits from October 11’s market crash that triggered $19 billion in liquidations.
The post Bitcoin Holding Strong, Yet Trump Insider Opens Massive $120M Short Position – New Crash Coming? appeared first on Cryptonews. …

Binance has received final regulatory approval to complete its acquisition of South Korean exchange Gopax after a two-year delay.
The post Binance Finalizes Gopax Acquisition After Two-Year Regulatory Delay appeared first on Cryptonews. …

BitMine added 104,336 ETH worth about $417m to its treasury through transactions linked to Kraken and BitGo, according to Lookonchain data.
The post BitMine Deploys $417M Into Ether Vault — Tom Lee’s Next Call Could Be Explosive appeared first on Cryptonews. …

A long-dormant Bitcoin wallet moved 2,000 BTC worth $222m to 51 new addresses, fueling speculation over whether whales are preparing to dump.
The post Bitcoin OG Transfers 2,000 BTC to 51 Wallets — Are Whales Looking to Dump? appeared first on Cryptonews. …

YZi Labs led a $50 million seed round for BPN to build onchain liquidity pools and expand stablecoin payment infrastructure.
The post CZ’s YZi Labs Leads $50M Round for Stablecoin Payments Firm BPN appeared first on Cryptonews. …