Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

February 9 — Bitmine announced today that the combined value of its cryptocurrency holdings, cash, and “high-risk, high-return investment projects” has reached $10 billion, per official sources. As of 3:00 PM Eastern Time on February 8, 2026, the company’s assets include: - 4,325,738 ETH - 193 Bitcoin (BTC) - $200 million in Beast Industries equity - $19 million in Eightco Holdings equity (Nasdaq: ORBS) — a “high-risk, high-return investment project” - $595 million in cash Bitmine CEO Thomas “Tom” Lee noted: “ETH has fallen 62% from its 2025 peak, but Ethereum’s daily transaction volume has hit a record 2.5 million, while 2026 daily active addresses have surged to an all-time high of 1 million. Cryptocurrency prices are highly volatile — in fact, this is the 8th time since 2018 that ETH has dropped 50% or more from a recent high, meaning such declines happen nearly every year. Between January and March 2025, ETH fell 64%, then later that year jumped from $1,600 to $5,00

Feb. 9 — Hassett, Chair of the White House National Economic Council, stated that a modest decline in employment data is expected, emphasizing that softer employment figures should not spark panic. (Golden Ten)

On February 9, decentralized privacy-computing network Nillion announced the launch of a decentralized smart agent verification layer built on the ERC-8004 standard, deployed on its Ethereum Layer 2 network Nillion Blacklight. Initially, Blacklight will focus on smart agent activity attestation: a committee of Blacklight nodes independently calls endpoints provided by smart agents, confirms a 2XX HTTP response, and records the result on-chain via decentralized consensus. The verification process includes five key steps: smart agent registration, verification request initiation, committee assignment, node execution check, and on-chain result reporting. Nillion notes that moving forward, Blacklight will evolve toward programmable verification, supporting decentralized audits of more complex behaviors—including smart agent decision logic consistency, multi-step workflow execution, and secure constraint compliance. ERC-8004 is an Ethereum standard for smart agent registration and ver

**Bitcoin Mining Firm NFN8 Files for Chapter 11 Bankruptcy, Seeks Full Asset Sale** Bitcoin mining company NFN8 filed for Chapter 11 bankruptcy protection on Feb. 2, 2026, per a court filing submitted to a Texas court on Feb. 9. The firm cited three core drivers for the move: a facility fire, unsustainable lease obligations, and ongoing legal disputes. NFN8 is seeking to sell all its assets during the restructuring process. It has secured $2.75 million in Debtor-in-Possession (DIP) financing from Twelve Bridge Capital to fund operations amid the sale. Key bankruptcy triggers include: - A fire at its main Crystal City, Texas, leasing facility between late 2025 and New Year’s Day 2026, cutting mining capacity and revenue by 50%. - Unsustainable lease payments tied to a sale-leaseback model (involving 250+ counterparties), worsened by a record-low hash price and profit squeeze post-Bitcoin halving. - Ongoing legal arbitration over default, fraud, and securities violations,

February 9 – Market sources report Strategy boosted its Bitcoin holdings by 1,142 coins last week, spending $90 million at an average price of $78,815 per coin.

February 9 — Erebor Bank, a crypto-focused financial institution, became the first to secure a national banking charter during the Trump administration’s second term, officially launching today. Chartered by the Office of the Comptroller of the Currency (OCC), Erebor is tailored for the innovation economy, with a focus on artificial intelligence (AI), defense technology, and digital assets. Its name, drawn from the Dwarven kingdom in *The Lord of the Rings*, symbolizes long-term development of crypto financial infrastructure. Unlike consumer-focused banks, Erebor operates as an enterprise infrastructure bank. It plans to offer GPU equipment financing for AI data centers, contract guarantee loans for defense tech startups, and a functional stablecoin business. The bank will integrate an internal fiat-to-stablecoin exchange to enable true 24/7 operations. Erebor also aims to fill the gap left by the 2023 collapse of Silicon Valley Bank (SVB). SVB was a critical funding source fo