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first_img On-chain transaction infrastructure Orbs strategic investment CRYMBO

According to Chainwire, on-chain transaction infrastructure provider Orbs announced a strategic investment in CRYMBO.CRYMBO is a financial infrastructure platform aimed at licensed institutions, helping banks, payment service providers, and brokers launch digital asset services under their own brands and regulatory frameworks. The announcement stated that institutions entering the on-chain market need to handle identity verification, compliance, custody, settlement, payments, and reconciliation in addition to liquidity and blockchain technology.CRYMBO connects over 75 service providers through a single integration, covering custody, liquidity, banking channels, payments, identity verification, and transaction monitoring, allowing institutions to coordinate these services in a customized process while retaining service provider choices. The platform does not hold customer funds or private keys, and institutions operate under their own brands and licenses.Officials stated that the platform has served licensed institutions, processing a cumulative transaction volume of over $2 billion. The infrastructure is ISO 27001 certified and built in accordance with EU MiCA and Financial Action Task Force Travel Rule requirements.Orbs CEO Ran Hammer stated: The adoption of on-chain finance by institutions depends on infrastructure that adapts to the realities of regulated financial services. Orbs focuses on trading and execution, while CRYMBO provides the compliance, identity, and operational layers that institutions need.Orbs offers dSPOT spot trading, dPERPS perpetual contracts, and on-chain execution services through its own Layer 3 network, with a cumulative execution transaction volume exceeding $14 billion. CRYMBO founder and CEO Eyal Daskal stated: The collaboration between the two parties will help expand business and reach more customers.

first_img On-chain treasury infrastructure Veda, in collaboration with Aave and Kamino, submitted a legal framework to the SEC

On November 3, Veda, an on-chain treasury infrastructure provider, announced that Veda, Aave Labs, and Kamino Foundation released a public summary of a legal framework discussing how U.S. federal securities laws apply to decentralized lending protocols and non-custodial treasuries. Veda stated that the framework addresses how securities laws should apply when financial activities traditionally performed by intermediaries are executed by smart contracts, and ownership, control, and decision-making are decentralized among different participants. The three parties submitted a more detailed version to the U.S. Securities and Exchange Commission (SEC) on October 26 and requested to communicate with the commission's staff. Aave Labs clarified that the detailed version was submitted to the SEC's crypto working group and corporate finance department, and requested a meeting with the staff, with the complete submitted documents remaining confidential.Veda stated: Securities regulation should follow the rights, obligations, and powers that are actually formed by arrangements, including who owns the assets, who bears the obligations, who exercises the authority, and whose economic outcomes are affected. Common infrastructure, receipt tokens, or discretionary service providers cannot unilaterally decide the above issues. The document analyzes against the Howey investment contract standard, Reves note standard, the Investment Company Act of 1940, and the Investment Advisers Act of 1940, and concludes that the analyzed agreements and treasury arrangements do not constitute investment contracts or notes, and the described treasury does not constitute an investment company, nor does the discretionary investment compensation necessarily constitute custody of client assets.Veda also stated that these conclusions depend on the specific structure, contractual arrangements, and distribution of rights and powers described in the document; if the ownership structure, repayment commitments, discretionary powers, or redemption restrictions differ, the legal analysis may also change. This submission did not request the SEC to establish exemptions, safe harbors, or specialized regulatory regimes for decentralized finance, but rather to apply existing securities laws and ask the commission to confirm that the law has distinguished between activities such as issuance, investment management, and custody. The blog post noted that the content is for informational reference only and does not constitute legal advice, and the SEC has not endorsed the conclusions of the document. According to publicly available information from RootData and Veda, Veda was established in 2024 and completed an $18 million financing round led by CoinFund in June 2025.

first_img GPT-6.2 Astra appears in Codex, Anthropic official website code appears Mythos 5.5

On November 1, 2026, multiple users posted on X stating that OpenAI's Codex usage data included a model label named GPT-6.2 Astra, while the model selector still displayed GPT-6 Astra. A usage chart covering October 26 to November 1 showed that gpt-6-astra accounted for 80%, and gpt-6.2-astra accounted for 19.8%. Another account posted a suspected JSON snippet of an API response, with the response.model field being gpt-6.2-astra. According to Quantum Bit, GPT-6.2 Astra has been undergoing a limited gray testing among some users, with access primarily restricted to Pro plan users at $500 per month. Some users reported that about 20% of requests were routed to 6.2, while others claimed all requests pointed to 6.2.On the same day, an account posted a screenshot claiming that hidden code on the Anthropic official website's Mythos page included Claude Mythos 5.5. The visible page displayed Claude Mythos 5.1, while the hidden header and logo alt text indicated 5.5. According to Quantum Bit, this text briefly appeared in the front-end code of the official website and was removed a few hours later. Anthropic has not confirmed this, and currently, apart from the screenshot, there are no archived copies to verify this change.Additionally, there were previous reports that Fable 5.5 had appeared in the Microsoft Azure and MLflow directories, with a context window of 1 million tokens and an output limit of 128K tokens. Verification showed that on October 13, 2026, a bot added the entry azure_ai/claude-fable-5-5 to the price list of the open-source tool LiteLLM, which was deleted the next day, with the deletion note stating "Azure did not list this model." These parameters are identical to those of Fable 5.1. As of now, neither OpenAI nor Anthropic has officially released the aforementioned models.
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