The U.S. Securities and Exchange Commission has proposed a crypto-asset framework that would set compliance-based fundraising routes for token projects. Under the proposal, issuers could raise up to $5 million over a single period lasting as long as four years, or use a larger exemption with Tier 1 capped at $20 million without an audit and Tier 2 capped at $75 million with an independent audit. Nonaccredited investors would be limited to investing 10% of annual income or net worth, while accredited investors would not face a rule-specific cap. The framework is designed to cover the full lifecycle from token issuance through a filing process that can end the token’s securities-related investment contract.

Bitcoin miner IREN issued about 12.6 million shares in its acquisition of Mirantis, with nearly 12 million now registered for potential resale. At IREN’s Aug. 3 closing price, the registered block was worth about $476.3 million and could add selling pressure to the stock. The company will receive no proceeds from any sales because the shares are held by former Mirantis investors, directors, officers and employees. The prospectus filing did not indicate that any holder has sold or plans to sell.

Hyperliquid’s HYPE ETFs (BHYP, THYP, HYPG) recorded no inflows across 12 trading sessions from July 17 through Aug. 3, 2026, while reported net outflows totaled $29.8 million. BHYP accounted for $22.5 million of the withdrawals, compared with $5.3 million for THYP and $2 million for HYPG, according to Farside Investors. As of Aug. 2, 2026, BHYP had $92.36 million in AUM, with 70% of assets staked. HYPE was trading at $53.94 after an Aug. 3, 2026 market refresh, down 4.53% over seven days and 22.82% over 30 days.

Intesa Sanpaolo rebalanced its crypto-related ETF holdings for the quarter ended June 30, sharply reducing exposure tied to the iShares Bitcoin Trust ETF. The underlying-share amount for its IBIT call position fell 99.3% and its IBIT common-share holding dropped 93.7%, while its iShares Staked Ethereum Trust ETF position rose to 349,600 shares, slightly more than tripling. It also nearly exited the Bitwise Solana Staking ETF and kept its Grayscale XRP Trust ETF position unchanged. The changes were disclosed in the bank’s U.S. SEC Form 13F filing.

Nasdaq-listed Chinese insurtech Zhibao Technology has signed a $154.7 million PIPE agreement payable in 2,380 BTC. The deal calls for the sale of 442 million units at $0.35 each, with warrants that could lift total new issuance to 884 million Class A shares and drive substantial dilution. The governance terms would allow the investor group to name four of five directors and install a new CEO and CFO, raising the risk that the current leadership is sidelined. The announcement has weighed on the stock, but the report did not provide the company’s ticker symbol.

Interactive Strength paid a dividend on July 28 in the form of 619,584 preferred shares, creating about $1.239 million of additional minimum base liquidation preference that ranks ahead of common stockholders. Series A preferred shares rose 6.37% and carry an 8% cumulative annual dividend, while Series C increased 11.87% with a 15% annual dividend and higher liquidation priority than Series A, Series B and common shares. The move preserved cash but increased preferred liquidation claims, reducing common shareholders’ position and potential recovery in a bankruptcy or liquidation scenario.

Lite Strategy, a Nasdaq-listed company that uses Litecoin (LTC) as its primary reserve asset, spent about $5.4 million to repurchase roughly 4.9 million common shares through July 17, equal to about 13% of the shares outstanding when the program began, without adding debt. The buyback reduced the company’s reported Litecoin holdings, but LTC backing per outstanding common share rose by about 1.7%. The transaction was funded using an undisclosed mix of LTC sales and covered-call premiums, and it involved no traditional financial assets.

Stablecoin Development Corporation (SDEV) said it generated about $2.2 million in second-quarter staking revenue from Sky Protocol’s SKY token, roughly matching what it described as cash operating expenses. Over the same period, the company recorded a $50.6 million unrealized, noncash loss on digital assets, contributing to a $53.8 million operating loss and a $41.1 million net loss. The filing also highlighted potential share dilution tied to prefunded warrants, with one tranche permitting exercise for up to about 33.5 million shares. The company’s balance sheet remained heavily concentrated in SKY holdings.

Dogecoin Ventures, a wholly owned unit of House of Doge, borrowed $1.4 million from Devlin DeFrancesco under an unsecured note issued on July 28 that carries 10.7% annual interest and matures July 27, 2027. The company agreed to repay principal by delivering 2,227,300 shares of CleanCore Solutions rather than cash, while paying interest in cash. The shares designated for repayment are already pledged to House of Doge’s senior lenders, placing the new note behind secured creditors in the payment order.