Solana launches institutional settlement standards and receives recommendations from J.P. Morgan

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BAYC co-founder Greg Solano responded to NFT whale Pranksy's criticism of "BAYC destroying NFTs", pointing out that Pranksy had sold BAYC assets worth $500 million for millions of dollars and promoted a large number of knockoff and replication projects, while questioning his behavior of removing relevant entrepreneurial project information from personal profiles.

A certain ENA whale that has been dormant for over a year sold 37.725 million ENAs worth $9.25 million through BitGo 12 hours ago, and currently holds 119.82 million ENAs worth $29.6 million.

The US Financial Crime Enforcement Agency (FinCEN) has withdrawn proposed rules regarding cryptocurrency mixers and non custodial wallets, stating that the restrictions may inhibit legitimate activities.

Yi Lihua, founder of Liquid Capital, said that some projects lack the spirit of contract, and there are restrictions on BTC's withdrawal of coins, deduction of investors' tokens, and forced modification of terms. It is suggested that the exchange list the project reputation as a key indicator for investigation.