Headlines

CFTC seeks feedback on CPO and CTA rule changes

The CFTC has opened a 45-day comment period on proposals that would double the small-pool exemption threshold to $800,000 and ease registration rules for some fund advisers. Summary The CFTC proposal would create a CPO exemption for qualifying SEC-registered investment advisers. A related change would extend registration relief to certain commodity trading advisers. The small-pool…

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SEC unveils Reg Crypto rules with $75m exemption

The U.S. Securities and Exchange Commission has proposed two registration exemptions, including a $75 million annual pathway, under its new Reg Crypto framework for certain crypto investment contracts. Summary The larger exemption would allow qualifying issuers to raise up to $75 million in 12 months. A separate pathway would permit offerings of up to $5…

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Cypherpunk becomes largest Zcash miner in $33M deal

Cypherpunk Technologies has acquired a 4.2 GSol/s Zcash mining fleet for $33.33 million, giving the Nasdaq-listed company about 18% of the network’s total computing power. Summary The acquired Bitmain Z15 Pro fleet produces roughly 7,800 ZEC per month. Cypherpunk paid through a pre-funded warrant covering 43.29 million common shares. The equipment operates at hosting facilities…

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Securitize debuts tokenized high-yield fund with Neuberger

Securitize has launched a tokenized fixed-income fund managed with Neuberger that will invest mainly in high-yield bonds and issue interests across Avalanche, Ethereum, Solana, and Sui. Summary HINC will invest primarily in high-yield bonds, alongside CLOs and leveraged loans. Neuberger will serve as subadvisor in its first engagement with a tokenized fund. Eligible accredited investors…

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What It Means for Price?

Coinbase is leading XRP’s negative net wallet flows, accounting for nearly half of the seven-day imbalance. Wallet activity related to XRP has become heavily weighted toward withdrawals. Data shared by Analyst Amr Taha shows that Coinbase recorded a seven-day net wallet count of -14,300. Coinbase Accounts for 47.3% of the Imbalance Net wallet count…

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