Joe "sh0edog," the former general counsel at Magic Eden, said he has joined consumer crypto finance app fomo as general counsel. His background also includes advisory work at Day One Law, a previous role at Fenwick West, and experience in the crypto sector dating back to 2016. In his remarks, sh0edog described fomo as one of the fastest-growing consumer finance apps. He said the platform has passed $100 million in daily spot trading volume, has more than 61,000 daily active traders, ranks No. 5 in the U.S. App Store finance category, and has raised about $95 million in total funding. He said the team stands out for execution and integrity, and added that he sees room for fomo to develop into a global financial social graph. fomo co-founder seyong and other team members have publicly welcomed the appointment. sh0edog said he plans to help advance the company’s growth in global consumer crypto and social applications.

OpenEden’s token EDEN posted a sharp rally after South Korea’s largest crypto exchange, Upbit, listed the asset on Aug. 10. The real move came on Aug. 14, when EDEN surged 92.04% in a single day and briefly reached $0.086. Even so, the token remains far below the $1.4 opening level seen when it debuted on Binance on Sept. 30, 2025, and still sits under one-tenth of that peak. The price action has put renewed attention on a long-running question around OpenEden’s model: why has growth in underlying real-world assets not translated into stronger token value? Founded in 2022 by former Gemini Asia Pacific executives Jeremy Ng and Eugene Ng, OpenEden built a compliant on-chain infrastructure focused on tokenized U.S. Treasuries and other fixed-income products. Its main offerings now include TBILL, USDO and HYBOND, with TBILL alone holding about $253 million in TVL. Revenue data helps explain the disconnect. According to DefiLlama, TBILL generates around $310,000 in annualized revenue, while OpenEden’s total revenue in the second quarter of 2026 came to $431,000. Of that, $292,000 came from underlying asset yield, while management fee revenue was only $39,600. Most of the economic value flows to holders of TBILL and USDO, not to the protocol itself. EDEN, for its part, is used for governance, staking and ecosystem incentives, with no direct claim on protocol revenue.

Rarible said on Thursday that its NFT marketplace is now live on Solana, with Claynosaurz selected as the first featured drop. The platform now lists Solana alongside Ethereum, MegaETH and Base, and includes dedicated Solana Explore, Mint and Gacha pages. Solana’s verified X account amplified the launch the same morning. In its own launch statement, Rarible said it had spent months building, testing and preparing the rollout without announcing it, and described its earlier Gacha Station release on the network as a preview of what was coming. The company also said it had spent weeks speaking with NFT communities across Solana and that the feedback helped shape how the marketplace works. Rarible said more collections will be added over the coming days and weeks, calling the launch “only the foundation.” The move extends Rarible’s push beyond Ethereum, where it has also launched its own network, RARI Chain.

Dan Koe’s essay on remembering what you read makes a blunt case against a habit many knowledge workers have turned into doctrine: trying to retain every article, highlight and note. His argument is that memory is not the real bottleneck. The larger problem is that people confuse collecting information with learning, and organization with actual use. In his framework, the material that matters most is not the material you force yourself to memorize, but the material that becomes embedded through repeated application, discussion and output. The piece reframes learning through a cybernetics lens built on four parts — goal, sense, compare and act — and says most people get stuck because they keep feeding themselves information without a clear target. Koe then pushes a project-first approach: start building, create pressure through real work, and learn only what the task requires. He extends that logic to digital note systems, arguing that many “second brain” setups fail because they are designed for storage, not retrieval or creation. The article also reviews practical workflows, including a self-managed Obsidian + Claude setup and tools such as Eden and MyMind, and draws a line around AI’s role. AI, in Koe’s view, can reduce friction in research, sorting and drafting, but it should not replace a person’s own judgment, values or voice.

More than 60 crypto companies, blockchain projects, and DeFi protocols either shut down or filed for bankruptcy between January and July 2026, according to statistics cited by Bitcoin.com News and reported by PANews on July 29. The pace of closures picked up noticeably in the final weeks of July. The report identified three main drivers behind the wave: security breaches, regulatory friction, and business models that could not be sustained. The list spans multiple parts of the industry, including exchanges, Layer 1 and Layer 2 projects, DeFi protocols, wallet providers, NFT and gaming platforms, and DAO tooling services. Among exchanges, BitMEX said it will cease operations on Sept. 23, while AscendEX halted trading on July 1 after failing to secure an EU MiCA license. BitMart has begun a phased shutdown, and Odos is set to close all services on July 30. On the bankruptcy side, Movement Labs filed for Chapter 11 on July 21, Poolin sought bankruptcy protection this month, and Storj Labs also submitted a Chapter 11 filing.

Whale.io has launched its $WHALE NFT collection on Solana, with each card backed 1:1 by locked on-chain tokens and redeemable at any time. Minting is live on mintwhale.io, with secondary trading available on Magic Eden.

OpenEden said its website and portal may have been affected by a DNS compromise and urged users not to visit or interact with any related domains. The team said onchain reserves remain safe and can be checked through Chainlink Proof of Reserve.

UX Chain has begun a phased shutdown, telling users to close borrowing, lending, and vault positions before April 30, 2026. The blockchain will fully cease operations on May 15, as other crypto products also exit the market.