A new address has deposited 5 million U into HyperLiquid to open a 20x ETH short position.

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

Official sources confirm that Matrixdock’s gold-backed token XAUm is now live on the Solana network as of February 9. The LBMA-certified token is fully backed, audited, and redeemable.

February 9th – South Korea’s Financial Supervisory Service (FSS) chief Eun Sung-soo has labeled the Bithumb mistaken transfer incident a “disaster,” vowing a wide-ranging investigation into so-called “book transactions” involving unbacked virtual assets and the development of countermeasures. He noted that if Bithumb is found to have engaged in illegal conduct, all available legal measures will be taken. Moreover, he warned that once the upcoming Digital Assets Basic Law passes, licensing-based regulatory actions could be implemented—posing a direct threat to the virtual asset trading platform industry. Speaking at the “2026 Major Business Plan Briefing” at FSS headquarters in Seoul, Eun said: “After receiving reports of the Bithumb incident, we’ve launched an on-site inspection and plan to escalate it to a formal investigation if illegal activity is suspected. This is a serious situation that undermines the credibility of virtual asset trading platforms.” Eun emphasized the c