Introducing The Information Exchange on Solana, Powered by Decrypt and MYR
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Solana's on-chain NFT platform, Exchange Art, will cease operations on August 1st.
PANews reported on July 3 that Exchange Art, the on-chain NFT art platform on Solana, announced it will officially cease operations on August 1, 2026. The platform stated that due to the prolonged slump in the on-chain art market and the inability to find a sustainable financial path, it has decided to shut down. Users will need to access their accounts and retrieve necessary information before the shutdown. All works and funds held in custody and sales contracts on the platform will be released to their owners before the shutdown. All artworks have been minted on the Solana blockchain and can be imported into other markets; artists and collectors can ensure the safety of their works without any additional action required.
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.
Will China Resources New Energy complete its merger and reorganization to jointly pursue a Shenzhen Stock Exchange listing? China Government-Enterprise Cooperation Fund responds.
Mars Finance reported on July 8th that China Government-Enterprise Cooperation Investment Fund Co., Ltd. (hereinafter referred to as "China Government-Enterprise Cooperation Fund") recently issued a statement saying that the company has noticed a false report circulating online titled "China Resources New Energy Holdings Co., Ltd. and China Government-Enterprise Cooperation Investment Fund Co., Ltd. Complete Merger and Acquisition to Jointly Pursue Listing on the Shenzhen Stock Exchange." The report is entirely false information and seriously contradicts the company's actual situation. According to China Government-Enterprise Cooperation Fund, since its establishment, all of its business activities have strictly complied with national laws, regulations, and regulatory requirements, and it has never conducted or authorized any entity to conduct any activities mentioned in the aforementioned false report. The company is not currently planning any mergers and acquisitions, restructuring, listing applications, or other capital operations, nor has it formulated any corresponding implementation plans. China Government-Enterprise Cooperation Fund also stated that it reserves the right to pursue legal action against any entity that forges or alters the company's seals, business licenses, or authorization documents, or impersonates the company or its employees to release false information, engage in fraud, or commit any other illegal acts that infringe upon the company's legitimate rights and interests. (Wide Angle Observation)
The U.S. Securities and Exchange Commission (SEC) is expected to propose cryptocurrency rules as early as this month to streamline the fundraising process for startups.
PANews reported on July 8th that, according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has updated its agenda, indicating it plans to propose new cryptocurrency rules as early as this month. The rule would establish a temporary registration exemption for developers launching crypto investment contracts, allow for a certain amount of financing, and create a safe harbor for issuers exiting securities regulation. SEC Chairman Paul Atkins stated that this move aims to achieve the goal of "making the U.S. the global crypto capital," establishing clear rules for crypto asset financing, and providing clear guidance for the custody and trading of on-chain tokenized securities. This is the SEC's first major rule-making effort in the crypto space; previously, the agency had released a digital asset taxonomy and begun developing related plans to promote tokenized securities. The cryptocurrency rule is currently under review by the White House Office of Information and Regulatory Affairs.
Trump will earn over $600 million from his Solana Meme cryptocurrency by 2025; Gillibrand reiterates calls for ethical reform of digital assets.
Odaily Odaily reports that Fox Business crypto reporter published an article on the X platform stating that following the release of President Trump's financial disclosure documents, Senator Gillibrand has reiterated his call for ethical reforms to ban presidents, members of Congress, and their spouses from issuing or sponsoring digital assets. The financial disclosure documents show that President Trump earned over $600 million from his Solana Meme coin in 2025. This announcement comes as Senator Gillibrand's long-standing advocacy for stronger ethical rules comes under increased scrutiny, following reports that his son has raised funds to launch a crypto derivatives exchange.
Decrypt Media and FOMO Hour’s Thought Leader Farokh Sarmad to Take Main Stage at NEXTPredict NY Conference
Premier Partnership will livestream the Main Stage through Decrypt Media and bring Rug Radio and FOMO HOUR programming onsite.