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#Solana Foundation

16 Stories Found
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China’s Central Bank Investigates Solana Over Illegal Crypto Services
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China’s Central Bank Investigates Solana Over Illegal Crypto Services

Key Highlights: An unidentified People’s Bank of China (PBOC) official affirmed that overseas entities are prohibited from offering real-world asset (RWA) tokenization services to mainland domestic entities, calling such activities illegal. The regulatory clarification follows the Solana Foundation opening a commercial presence in Shanghai, an event that featured light-show promotions on the Citibank tower in ...

Solana Moves to Scrap Transaction Feature Exploited in $270 Million Drift Hack
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Solana Moves to Scrap Transaction Feature Exploited in $270 Million Drift Hack

Key Highlights: A newly drafted proposal sets a tentative mainnet-beta activation date of May 5, 2027, to phase out durable nonce transactions on Solana. The deprecation aims to resolve long-standing stability risks, citing a historical 2022 incident where a failed transaction halted the network for roughly 4.5 hours. While durable nonces account for only around ...

Anza Urges Solana Validators to Update Systems Amid Critical Linux Vulnerability
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Anza Urges Solana Validators to Update Systems Amid Critical Linux Vulnerability

Key Highlights: A Linux kernel vulnerability poses risks to the underlying operating systems of Solana validator infrastructure running on Ubuntu. Security leaders from Anza and the Solana Foundation recommend three interim mitigation steps for Ubuntu operators, including disabling MPTCP and TCP request socket migration. While distributors like Red Hat, Debian, and Amazon Linux have released ...

Anchorpoint Partners with Solana to Launch Regulated HKDAP Stablecoin
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Anchorpoint Partners with Solana to Launch Regulated HKDAP Stablecoin

Key Highlights: Anchorpoint is partnering with the Solana Foundation to deploy HKDAP on the Solana blockchain, expanding the stablecoin beyond retail uses into tokenised products. Executives emphasize that the collaboration bridges regulated tokenised money infrastructure with high-speed public blockchain rails. The deployment comes amid growing momentum for Hong Kong dollar-pegged digital assets, following HSBC’s rollout ...

Matera and Solana Test New QR Payment Standard
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Matera and Solana Test New QR Payment Standard

Key Highlights: Matera, Payfinia, and Solana Foundation demonstrated the new ANSI X9.150 QR code payment standard at Money20/20 USA, enabling multiple payment networks through a single QR code. The X9.150 standard was officially approved in July 2026 by the American National Standards Institute’s Accredited Standards Committee X9. Supported payment options include FedNow, RTP, ACH, Zelle, ...

Does CZ Want to Take Down This Altcoin? Rumors Swirl Around Binance Founder
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Does CZ Want to Take Down This Altcoin? Rumors Swirl Around Binance Founder

Key Highlights: Former Binance CEO Changpeng “CZ” Zhao denied allegations that his social media comments led to the removal of a Solana advertisement projected in Shanghai’s Bund area. Zhao reaffirmed his broad support for blockchain innovation, highlighting that while Solana’s presence in Shanghai is notable, China has clearly not lifted its cryptocurrency ban. Solana Foundation ...

Binance Founder CZ Backs XRP, ZEC, and SOL Amid China Crypto Controversy
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Binance Founder CZ Backs XRP, ZEC, and SOL Amid China Crypto Controversy

Key Highlights Former Binance CEO Changpeng “CZ” Zhao addressed speculation linking his public remarks to regulatory disruptions surrounding Solana’s recent promotional activities in Shanghai. Solana’s planned Shanghai event was abruptly postponed after law enforcement arrived, while Solana Foundation President Lily Liu cited a 4x surge in registrations exceeding permitted limits as the reason. Zhao dismissed ...

Altcoin Trends in China Despite Crypto Bans as CZ Responds via BNB
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Altcoin Trends in China Despite Crypto Bans as CZ Responds via BNB

Key Highlights: The Solana Foundation is expanding its physical and promotional footprint in mainland China through regional office operations, advertising, and a four-city developer event series slated for October. Binance founder Changpeng Zhao (CZ) publicly voiced surprise at Solana’s initiatives, observing that BNB Chain had faced barriers entering the market while wishing comparable access for ...

Solana Head of Institutional Growth Predicts a Token
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Solana Head of Institutional Growth Predicts a Token

Key Highlights: Discussions surrounding a potential token supercycle suggest heightened market activity and strategic preparation among ecosystem stakeholders. Guided by insights from Ducoff, the Solana Foundation is actively advancing network capabilities to target financial services, digital assets, and institutional adoption. Sector-wide integration of asset tokenization could accelerate ecosystem growth and drive major shifts in digital ...

Solana CEO Says China Crypto Reopening Could Spark Next Supercycle
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Solana CEO Says China Crypto Reopening Could Spark Next Supercycle

Key Highlights: Market observer Chee noted that Chinese authorities are closely tracking technological advancements, identifying Hong Kong as a potential regulatory testing ground. Mainland China maintains strict bans on cryptocurrency trading, while Hong Kong continues to permit regulated virtual-asset platforms. The Solana Foundation introduced a delivery-versus-payment program for financial asset settlements, independent of any official ...

Solana Foundation Executive Outlines Key Priorities for the Network
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Solana Foundation Executive Outlines Key Priorities for the Network

Key Highlights Market participants are exhibiting caution amid subdued trading volume as investors wait for decisive market signals. The Solana Foundation continues advancing its network framework to provide high-speed, cost-effective infrastructure tailored for institutional operational efficiency. Future market activity is expected to hinge on institutional blockchain adoption strategies and competitive developments across rival platforms. Current ...

Solana and JPMorgan Partner on New Project to Drive Institutional Adoption
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Solana and JPMorgan Partner on New Project to Drive Institutional Adoption

Key Highlights: The Solana Foundation announced Solana DvP, an open-source escrow program offering an API for payment-on-delivery settlement on the Solana blockchain. By utilizing atomic settlement, Solana DvP executes payment and asset transfers simultaneously, cutting settlement windows from days to seconds while eliminating counterparty failure risk. Wall Street banking giant JPMorgan provided reconciliation expertise to ...