S&P Global to acquire blockchain security platform OpenZeppelin
Related
SpaceX receives its first "buy" ratings from global brokerages, with Morgan Stanley leading the pack with a target price of $300.
PANews reported on July 7th that, according to Jinshi, global brokerages have begun coverage research on Elon Musk's SpaceX (SPCX.O), and a preliminary consensus has been reached on Wall Street: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have given it a buy rating, expressing optimism about its long-term growth prospects, despite remaining concerns about profitability and valuation. In a report dated July 7th, Morgan Stanley analysts stated, "SpaceX can convert energy into intelligence on a large scale and commercialize it through AI-driven consumer and enterprise solutions." Their target price is $300, currently the highest among Wall Street investment banks, implying an 87% upside from Monday's closing price of $160.42.
Nvidia buys Hugging Face for $12.9B in push into AI software
Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.
Taurus links digital asset platforms to Swift’s blockchain ledger
Taurus expects first institutional clients to connect in days, with initial DLT transactions through its platforms expected within weeks.
Former Twitter CISO Michael Coates appointed Chief Information Security Officer of the Solana Foundation
According to Foresight News , security expert Michael Coates announced on the X platform that he has been appointed Chief Information Security Officer (CISO) of the Solana Foundation, marking a new chapter in his career. Coates previously served as Head of Security at Mozilla, CISO at Twitter, and founded Altitude Networks, a startup focused on enterprise SaaS data security, which was later acquired by CoinList, thus entering the crypto industry. Coates stated that he chose to join Solana because the chain currently handles tens of billions of dollars in daily stablecoin transactions, exceeding the combined daily trading volume of most cryptocurrencies. He mentioned that future work will focus on integrating security capabilities into the foundation of industry operations and application security, addressing the unique security challenges of cryptocurrencies, and collaborating with policymakers and standards bodies to promote improvements in cybersecurity regulation.
Paradigm led a seed funding round for M1X Global to advance sovereign debt tokenization infrastructure.
According to Mars Finance, on July 8th, crypto venture capital firm Paradigm led a seed round of funding for sovereign debt tokenization platform M1X Global, supporting its expansion of on-chain sovereign debt issuance and management capabilities. M1X Global's core product, USDM1, launched in partnership with the Marshall Islands government, is a USD-denominated sovereign debt instrument issued directly on the public blockchain, backed by 1:1 US short-term Treasury bonds and utilizing New York State legal frameworks to provide investor protection. This round of funding will primarily be used to promote the institutional application of USDM1, including its use as compliant collateral in repurchase, margin, and collateralized financing scenarios, and to deepen integration with banks, custodians, and trading platforms. Previously, M1X Global completed a $3 million oversubscribed angel round of funding in March 2026, with investors including Balaji Srinivasan.
Security experts indicate that approximately $22 million in illicit funds flowed into HitBTC in 2026, and the platform repeatedly refused to cooperate with the investigation.
According to ChainCatcher, Darcy, co-founder of FlashRescue, disclosed that approximately $22 million in illicit funds flowed into the cryptocurrency exchange HitBTC in 2026. He pointed out that HitBTC refused to cooperate with police investigations on two separate occasions, a practice consistent with the platform's actions, as reported by several on-chain investigators. He mentioned that in the Bybit theft case, as much as $3.68 million from a money laundering network linked to DPRK (North Korea) flowed into HitBTC, but the platform again failed to cooperate with the relevant authorities in subsequent investigations.