Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
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Solana Foundation Hires Binance's Former Global CMO for Institutional Push
Rachel Conlan arrives as chief strategy officer and Polygon Labs' Jamal Raees takes over payments, both recruited from elsewhere in crypto.
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.
Binance opens crypto trading to AI agents with user-set controls
Binance’s Agent OS lets AI agents access market data, execute trades and make payments while giving users control over permissions and account access.
Gate announced the promotion of Edwin Cheung to Executive Director, further strengthening the Group's global strategic development.
ChainCatcher reports that Gate announced today the formal promotion of Edwin Cheung to Executive Director. He will participate in the Group's overall strategic planning and global business development, further promoting Gate's long-term strategy in digital assets and fintech, and supporting the Group's continued expansion in global markets and enhanced overall competitiveness. Previously, Edwin was responsible for Gate's global fiat business strategy, driving institutional partnerships, payment infrastructure construction, and global market expansion, and actively participating in international business, laying a solid foundation for Gate's globalization and long-term strategic development. Edwin holds an MBA in Fintech from the Hong Kong University of Science and Technology and a Bachelor of Commerce degree from the University of Melbourne. With nearly ten years of experience in the financial industry at HSBC and Standard Chartered Bank, he has accumulated rich experience in institutional business, payment systems, and strategic partnerships. He stated, "I am deeply honored to serve as an Executive Director of Gate. In the future, I will work with the team to promote the implementation of the Group's long-term strategy, continuously improve global business synergy, enhance Gate's competitive advantage in digital assets and fintech, and create greater long-term value for global users." This appointment reflects Gate's continued commitment to globalization, long-term strategy, and organizational development. In the future, Gate will continue to adhere to the development philosophy of innovation-driven growth, steadily advance its global business layout, and continuously improve its product and service capabilities to create a more open, secure, and professional digital asset ecosystem for global users.
US commodities regulator imposes 5-year trading ban on ex-Alameda, FTX execs
The consent orders ended the CFTC’s case against two former crypto executives after FTX and Alameda agreed to $12.7 billion in disgorgement and restitution payments in August 2024.
Binance Research released a stablecoin industry report: platform stablecoin reserves reached $53 billion, with market share rising to 57%.
Odaily Odaily that Binance Research has released an industry report titled "Stablecoins: Reshaping the Financial Landscape." The report shows that as of now, Binance's stablecoin reserves have reached $53 billion, increasing its market share from 54% to 57%, approximately $42 billion higher than the second-largest exchange. Meanwhile, in the first five months of 2026, the cumulative trading volume of TradeFi-related perpetual contracts exceeded $1.1 trillion, with Binance accounting for over $500 billion, representing approximately 47% of the market share. Furthermore, since 2022, Binance Wealth Management has distributed $1.2 billion in yield to over 14 million stablecoin users; BNB Chain sees 10 million daily stablecoin transactions and 15 million monthly active addresses, representing a market share of approximately 24% by transaction volume. The report points out that stablecoins are evolving from crypto asset trading tools into a crucial global financial settlement infrastructure, and Binance has built a one-stop stablecoin financial ecosystem covering trading, payments, yields, investment, and on-chain ecosystem.