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July 20, 2026

Companies

SBI Holdings Completes Majority Acquisition of Singapore Crypto Exchange Coinhako

SBI Holdings closes majority acquisition of Coinhako SBI Holdings completed its majority acquisition of Singapore-based crypto exchange Coinhako on July 16 after securing MAS approval, bringing the platform under its corporate structure. The deal adds more than 400,000 users and Coinhako’s regulated Singapore operations to SBI’s digital asset business, as the group pushes to link Japan and Southeast Asia through tokenization, stablecoins and cross-border digital asset services.

Security

Allbridge Core halts bridge after reported $1.65 million exploit on Solana

Allbridge Core pauses protocol after $1.65M Solana exploit Allbridge Core said it paused the protocol after a security incident that reportedly drained $1.65 million from its Solana deployment on Sunday. Onchain Lens said the attacker used a $1.12 million USDC flash loan from Kamino and rapid USDC/USDT swaps to distort the stablecoin pool’s exchange rate, then withdrew liquidity at manipulated rates, bridged the funds to Ethereum and moved them into privacy pools.

Regulation

South Korea Weighs Crypto Account Freezes and Rewards for Market Abuse Tipsters

South Korea weighs account freezes and whistleblower rewards for crypto trading abuse South Korea’s financial authorities are preparing tougher enforcement under the second phase of the Digital Asset Act, including a capital-markets-style account-freeze system and rewards for tipsters who report unfair virtual-asset trading. Since the Virtual Asset User Protection Act took effect, regulators have investigated more than 40 cases, referred over 30 to investigators, identified 25 suspects, and found average illicit gains of about 1.4 billion won per case.

July 19, 2026

Infrastructure

Cardano activates Van Rossem hard fork and shifts network to Protocol Version 11

Cardano activates Van Rossem hard fork, moves to Protocol Version 11 Cardano activated the Van Rossem hard fork on July 18 at 21:44:51 UTC, moving the network to Protocol Version 11 with no reported downtime. The Conway-era upgrade cuts Plutus smart contract costs, tightens ledger and stake-pool security, and adds new cryptographic and data tools for developers. It was also the network’s first major upgrade approved fully through onchain governance.

Stablecoins

One Year On, US Stablecoin Rules Under GENIUS Act Are Still Incomplete

US stablecoin rules still unfinished a year after GENIUS Act took effect A year after the GENIUS Act established the first US legal framework for stablecoins, the detailed rules to enforce it are still not final. The FDIC and OCC have issued draft proposals on custody, capital, liquidity and KYC, with the OCC’s interpretive proposal released in February, but final adoption is still months away. Broader crypto market legislation under the Clarity Act remains stalled by political deadlock over ethics rules on crypto-related income for senior public officials.

Prediction Markets

France orders ISP block on Polymarket ahead of World Cup final

France orders ISPs to block Polymarket before World Cup final France’s gambling regulator ANJ ordered internet providers on July 16 to block access to Polymarket, calling the platform an illegal gambling service and warning of potential losses and market manipulation. The move comes ahead of the 2026 FIFA World Cup final between Spain and Argentina, as Polymarket’s tournament-winner market has logged more than $4 billion in cumulative volume; the block stays in place until the platform complies with local rules.

Tokenization

DTCC Takes Tokenized Securities From Pilot Testing to Live Production Trades

DTCC moves tokenized securities into live production trades DTCC completed its first production trades in tokenized traditional securities on July 15, moving the market from testing to live use with nearly 40 firms involved, including BlackRock, Vanguard, JPMorgan, Goldman Sachs and the NYSE. The pilot covered tokenized Microsoft shares, QQQ, SPY, SHV and U.S. Treasuries, and Chainlink infrastructure was reportedly part of the stack. DTCC’s commercial Tokenization Service is set to launch in October.

Companies

Circle defends USDC strategy as CRCL drops amid new stablecoin competition

Circle says it is focused on USDC growth despite CRCL slide Circle President Heath Tarbert said the company is prioritizing long-term financial infrastructure over short-term stock moves after CRCL fell 17.5% to $62.63, as Open Standard launched rival stablecoin Open USD and the stock exited several Russell Growth indexes. Tarbert said USDC’s roughly $73 billion circulation and native support on 34 blockchains give it network effects that are hard to replicate.

Court

Argentine judge orders urgent freeze of wallets linked to Libra token investigation

Argentine judge freezes wallets tied to Libra token probe Federal Judge Marcelo Martinez ordered the identification and urgent freezing of crypto wallets linked to the Libra token after a police report traced millions in transfers across multiple networks since May. The investigation targets wallets tied to the Libra team and activity routed through Binance, Bybit, OKX and Bitfinex in a case connected to the token launch promoted by Argentina’s president.

DeFi

Uniswap readies votes to add v4 and Robinhood Chain fees to UNI burn system

Uniswap to vote on v4 and Robinhood Chain fees tied to UNI burns Uniswap governance is preparing two votes that would route new protocol fees from v4 pools and Robinhood Chain’s v2 and v3 deployments into the existing UNI burn system. The v4 proposal covers selected pools on Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism and Robinhood Chain, while the Robinhood Chain vote follows Uniswap volume on the network passing $6 billion by July 10.

Stablecoins

US regulators miss GENIUS Act deadline as stablecoin rules remain unfinished

US regulators miss GENIUS Act stablecoin rulemaking deadline U.S. financial regulators missed the GENIUS Act’s July 18 deadline to finish key stablecoin rules, leaving major requirements on reserves, redemptions, capital, custody, customer identification and AML still unsettled. The OCC, FDIC, NCUA and Treasury have proposals out, but the law’s federal framework is still set to take effect by Jan. 18, 2027, shortening issuers’ time to prepare once final rules arrive.

Mining

Four Bitcoin Mining Pools Accounted for More Than 70% of Hashrate in June Snapshot

Four Bitcoin mining pools top 70% of network hashrate Foundry Digital, AntPool, ViaBTC and F2Pool controlled more than 70% of Bitcoin’s hashrate in a June 23, 2026 snapshot from miningpoolstats.stream, underscoring rising mining centralization. The concentration is increasingly described as a two-tier market favoring institutional clients, while smaller miners face tighter competition and are reconsidering which pools to use.

Tokenization

BNB Chain becomes largest network for Franklin Templeton’s Benji platform

BNB Chain becomes top network for Franklin Templeton’s Benji assets BNB Chain now holds about $1.5 billion of assets on Franklin Templeton’s Benji tokenization platform, or 61.71% of its distributed onchain value, overtaking Stellar as the largest network by asset share. RWA.xyz put total distributed Benji assets at roughly $2.44 billion as of July 18, marking a major shift since Franklin Templeton added Benji Technology Platform support for BNB Chain in 2025.

Security

Consensys says North Korea-linked contractor briefly accessed MetaMask systems

Consensys says it cut off North Korea-linked MetaMask contractor Consensys said it identified and removed a North Korea-linked developer who had worked on MetaMask code and had internal access for about a month in spring 2026. The consultant, described by Drop Site as using the alias Tyler Knapp and GitHub account imyugioh, worked on components including crypto-to-fiat modules; Consensys said its investigation found no data theft, malicious code, or impact on users, and that law enforcement was notified.

Infrastructure

Zcash debuts Zakura node ahead of Ironwood upgrade and broader scaling push

Zcash launches Zakura full node ahead of Ironwood upgrade Zcash is rolling out Zakura, a new pruned full node and fast-syncing fork of Zebra that supports the Ironwood upgrade set to activate on July 28 at mainnet block 3,428,143. The client adds compatibility with the legacy zcashd software ahead of its end-of-life and is the first live part of a broader plan to scale Zcash from roughly one private transaction per second toward payment-network throughput while preserving privacy.

Regulation

South Korea identifies 25 suspects in crypto market manipulation cases under new law

South Korea flags 25 suspects in crypto market-rigging probes South Korea’s financial authorities said they identified 25 suspects and investigated more than 40 unfair virtual-asset trading cases in the two years since the Virtual Asset Investor Protection Act took effect on July 19, 2024. Most cases involved price manipulation, with average illicit gains of about 1.4 billion won ($1 million), and more than 30 cases were referred or reported to investigative agencies.

July 18, 2026

Regulation

CLARITY Act Still Awaits Senate Action One Year After Bipartisan House Passage

CLARITY Act still stalled in Senate a year after House approval A year after the House passed the CLARITY Act with support from nearly 80 Democrats, lawmakers used a July 17 hearing at Federal Hall in New York to renew pressure on the Senate to act. The delay leaves unresolved questions around digital asset classification, registration and federal oversight, with House Republicans arguing the U.S. still lacks a functioning crypto market structure despite bipartisan backing.

Security

Kaspersky says OkoBot crypto malware campaign has hit users in more than 25 countries

Kaspersky flags OkoBot malware campaign targeting crypto users in 25+ countries Kaspersky says the newly identified OkoBot framework has been active for more than a year, using over 20 modules to steal seed phrases, wallet credentials and browser data through ClickFix lures and fake GitHub downloads. One module, SeedHunter, replaces Ledger and Trezor recovery screens with phishing pages; researchers say hundreds of users have been targeted, with the most victims reported in Brazil, Vietnam, Canada, Mexico and Türkiye.

Court

FTX to begin $900 million fifth creditor payout on July 31

FTX to send $900M to creditors on July 31 in fifth bankruptcy payout FTX Trading and the FTX Recovery Trust will begin distributing about $900 million to eligible creditors on July 31, 2026, with Bitgo, Kraken and Payoneer handling payments. The fifth post-collapse payout covers allowed claims in the Convenience and Non-Convenience Classes that met the June 16 record date, and brings cumulative distributions since early 2025 to nearly $10 billion.

Court

Three men jailed in UK over £4 million fake police cryptocurrency fraud

UK court jails three men over £4M fake police crypto scam London’s Metropolitan Police said three men were jailed for stealing more than £4 million ($5.4 million) in cryptocurrency from eight victims by posing as police officers and directing them to fake police websites and “safe” wallets. Investigators traced the laundering network across wallets and accounts and recovered about £1 million, while Anthony Ikenwe and Kevin Nwamma got six years each and Hamza Bashir was sentenced to three years and nine months.

Bitcoin

Michael Saylor Opposes BIP 110, Citing Governance and Chain-Split Risks

Saylor rejects BIP 110 softfork over Bitcoin governance and split risk Strategy founder Michael Saylor published a 100-point essay Saturday opposing BIP 110, a proposed Bitcoin softfork that would temporarily restrict several non-payment data transaction types. He said the plan would use consensus rules to police disputed but valid activity, could cut miner fee revenue, and raise chain-split risk because it uses a 55% miner-signaling threshold instead of the 95% standard used in BIP 9.

Court

India’s ED arrests three more in widening $58 million crypto Ponzi investigation

India arrests 3 more in $58M crypto Ponzi probe India’s Enforcement Directorate said it arrested Milan Garg, Sukhdev Thakur and Abhishek Sharma in a widening probe into an alleged $58 million crypto Ponzi that defrauded more than 248,000 investors. The agency said the scheme used fake platforms including Korvio, DGT, Hypenext and A-Global, while alleged mastermind Subhash Sharma remains missing.

Security

Group-IB says RedHook Android malware uses Wireless Debugging to steal banking data

Group-IB warns RedHook malware is hijacking Android via Wireless Debugging Group-IB says a new RedHook variant is infecting Android devices by abusing Wireless Debugging to gain shell-level access, letting attackers steal passwords, stream screens, capture lock-screen codes and show fake banking prompts. Victims in Vietnam and Indonesia are being lured via calls and messages posing as banks or government agencies to fake Google Play pages serving malicious apps from GitHub and Amazon cloud servers.

Court

South Dakota Man Indicted on 29 Federal Counts in Alleged $20M Crypto Fraud

South Dakota man indicted on 29 counts in alleged $20M crypto fraud A federal grand jury charged Benjamin Paul Wiener, 43, of Sioux Falls with 29 counts including wire fraud, money laundering, bank fraud and aggravated identity theft over an alleged scheme that prosecutors say cost investors about $20 million. The DOJ says Wiener misled dozens of victims in South Dakota and Minnesota about how their money would be used, then routed funds through banks and crypto platforms; he has pleaded not guilty, and trial is set for September 2026.

ETF & Funds

SEC approves fourfold increase in position limits for BlackRock IBIT options

SEC approves higher limits for BlackRock IBIT options The SEC approved a NYSE Arca rule change raising position and exercise limits for options on BlackRock’s iShares Bitcoin Trust from 250,000 to 1,000,000 contracts. The fourfold increase gives institutional traders more room to hedge and build larger positions around the spot Bitcoin ETF market, further embedding IBIT options in regulated trading infrastructure.

Payments

Sui rolls out protocol-level gas-free transfers for supported stablecoins

Sui launches gas-free transfers for supported stablecoins Sui has rolled out stablecoin transfers that do not require users to hold SUI for gas, targeting one of crypto payments’ biggest UX hurdles. The feature, implemented through Sui’s Move API with gas set to zero for the user, supports USDC, USDsui, suiUSDe, AUSD, FDUSD, USDB and USDY, shifting the fee burden away from the end user.

Infrastructure

Cardano to Activate van Rossem Hard Fork on July 18 at Epoch Boundary

Cardano to activate van Rossem hard fork on July 18 Cardano’s van Rossem hard fork is set to enact automatically at the next epoch boundary on July 18, 2026 at 21:44:51 UTC after meeting ratification thresholds on July 13 and being ratified at Epoch 643. The intra-era upgrade moves the network to Protocol Version 11, with Plutus and cost model improvements, tighter ledger consistency, stronger node security, and groundwork for the later Dijkstra era hard fork.

Security

SlowMist says macOS malware can hijack Telegram sessions and swap wallet apps

SlowMist details macOS malware that hijacks Telegram sessions and swaps wallet apps SlowMist says a newly analyzed macOS malware sample can steal Telegram’s local “tdata” session files, letting attackers open an already authorized account on another Mac without a phone code or two-step verification. The malware, linked to a fake BuilDAO app campaign reported July 8, also copies data from at least 16 desktop wallets and can replace Ledger Live, Ledger Wallet, and Trezor Suite with phishing lookalikes that ask for recovery phrases, PINs, or passphrases.

ETF & Funds

Grayscale seeks quarterly cash payouts from Solana staking in GSOL overhaul

Grayscale moves GSOL to quarterly cash payouts from Solana staking Grayscale filed with the SEC to amend its Solana Staking ETF, GSOL, so staking rewards are sold for cash at least once a quarter and paid to shareholders net of expenses, instead of simply accruing in NAV. The filing says SOL staking is yielding about 6.1% annually, but payouts will vary; the changes are set to take effect on August 7.

Security

Trusted Volumes attacker returns 1,122 ETH after $5.9 million May exploit

Trusted Volumes attacker returns 1,122 ETH after May exploit A wallet tied to the May 7 Trusted Volumes hack sent 1,122 ETH back to the protocol’s inventory, partially recovering funds from an exploit that drained about $5.9 million via a signature-check bypass in its RFQ swap proxy. On-chain data indicates the attacker kept roughly $2 million in ETH, in what appears to be a bounty-style settlement rather than a full return.

Regulation

Russia Draft Bill Would Limit Retail Access to Foreign Stablecoins

Russia’s draft crypto bill would restrict purchases of foreign stablecoins to professional and qualified investors, carving stablecoins out as a separate legal category rather than treating them like other cryptocurrencies. The proposal would also limit retail access to foreign digital instruments to products approved by the Bank of Russia, while the central bank separately wants all stablecoin trades routed through licensed exchanges or authorized exchange offices under state supervision.

Regulation

France orders ISPs to block Polymarket after regulator cites unauthorized operation

France orders ISPs to block Polymarket France’s gambling regulator ANJ ordered internet service providers to block Polymarket after saying the platform kept operating without authorization despite a November 2024 ban on financial transactions. The agency said the site logged 578,751 visits from French IPs over the past month, and warned that promoting an unauthorized gambling site is a criminal offense punishable by fines of up to €100,000.

Regulation

Australia to End 50% Capital Gains Tax Discount for Crypto and Other Assets in 2027

Australia approves 2027 overhaul of capital gains tax Australia has passed the Treasury Laws Amendment (Tax Reform No. 1) Act 2026, ending the 50% capital gains tax discount for crypto, shares and real estate from July 1, 2027. Gains realized after that date will instead use cost-base indexation and face a minimum 30% CGT rate, while gains earned before the deadline keep the current treatment. Investors will need detailed records to separate pre- and post-July 2027 gains.

Companies

SBI Holdings Takes Control of Coinhako After Singapore Regulatory Approval

SBI Holdings buys controlling stake in Singapore crypto exchange Coinhako SBI Holdings has completed its acquisition of a majority stake in Singapore-based crypto exchange Coinhako after securing approval from the Monetary Authority of Singapore. The July 16 deal, done through SBI Ventures Asset, includes a capital injection and share purchases from existing investors, making Coinhako a consolidated subsidiary as SBI expands its push into stablecoins, tokenization and cross-border digital asset services in Asia.

Security

Consensys pauses releases after North Korea-linked consultant accessed MetaMask systems

Consensys pauses releases after North Korea-linked contractor accessed systems Consensys temporarily halted product releases after a consultant using the alias “Tyler Knapp” gained access to its systems for about a month and worked on core MetaMask code, including parts tied to third-party fiat onramps. The company said an internal investigation found no stolen assets, exposed data, malicious code, or user harm, and it is now reviewing contractor screening and third-party hiring controls.

Court

Dutch Court Bankrupts Knaken After €7 Million in Customer Funds Goes Missing

Dutch court bankrupts crypto platform Knaken after €7M in customer funds goes missing The Rotterdam District Court has placed Knaken Cryptohandel BV and its affiliated customer protection foundation into bankruptcy after prosecutors said the firm could no longer protect customer interests. Investigators believe about €7 million ($8 million) in customer funds is unaccounted for, around 30,000 users cannot access their assets, and prosecutors have opened a criminal investigation while administrators start liquidation.

Court

FTX sets July 31 for fifth $900 million creditor payout as recoveries top 100%

FTX to pay $900M to creditors on July 31 in fifth bankruptcy payout FTX Trading and the FTX Recovery Trust said they will distribute about $900 million to eligible creditors on July 31, pushing total estate repayments above $10 billion. Dotcom and US customer claims will reach 105% of allowed claim value, while general unsecured and digital asset loan claims rise to 103%; payments will be sent within 1-3 business days via BitGo, Kraken, or Payoneer for creditors who met the June 16 record date.

Ethereum

Ethereum research proposes stronger anti-correlation penalties for validator outages

Revised Ethereum anti-correlation penalty proposal targets staking outages A new revision to Ethereum’s EIP-7716 argues the current correlated-attestation penalty design barely changes validator costs: a 10%-of-stake outage lasting 24 hours would still cost about $6.17 per 32 ETH validator, the same as an uncorrelated miss. The proposed rewrite switches to an EMA-based offline reference and would raise that 10%/24h event to about $69, while keeping solo stakers’ uncorrelated penalties unchanged and scaling costs up to the finality threshold.

July 17, 2026

Regulation

Tinubu Executive Order Creates New Council to Coordinate Nigeria Crypto Oversight

Tinubu signs executive order to unify Nigeria’s virtual asset oversight Nigeria’s President Bola Tinubu signed an executive order that takes immediate effect, creating a Virtual Asset Council led by the central bank to coordinate crypto oversight and crack down on unregistered operators. The order keeps existing agencies in place, splits supervision between the NSEC and CBN by asset type, and gives the new council 30 days to set the rollout framework.

Regulation

Ripple Payments Europe added to ESMA MiCA register, gaining EU-wide passporting rights

Ripple Payments Europe added to ESMA MiCA register ESMA’s latest MiCA register update added Ripple Payments Europe SA as an authorized crypto-asset service provider, bringing the total number of approved firms to 294. The approval gives Ripple’s European payments unit passporting rights across 29 EU countries and, alongside its Luxembourg EMI license, lets it offer regulated crypto asset and stablecoin payment services to banks, fintechs and corporate clients across the EEA.

Companies

Numerai reports third NMR buyback, lifting total repurchases over the past year to $3.2 million

Numerai completes third NMR buyback, taking total repurchases to $3.2M Numerai said it bought another $1.2 million of Numeraire (NMR) on the open market, its third strategic buyback in a year and part of a $3.2 million total. The company said the purchases replenish treasury holdings used for tournament rewards and staking incentives; this latest buyback was executed through Coinbase Institutional over several weeks. Numerai also said assets under management have grown to about $700 million from about $560 million at the end of 2025.

Prediction Markets

Augur relaunches with Lituus dispute layer and live REP migration test

Augur relaunches with Lituus dispute-resolution layer and REP migration test The Lituus Foundation has relaunched Augur with a proposed decentralized settlement layer for disputed prediction-market outcomes, plus a live two-month “Moon Fork” test that requires REP holders to migrate tokens to the version they support. The foundation says the system is designed to resolve contested markets without relying on a company, committee, multisig or governance council, as scrutiny of prediction markets intensifies.

Court

FTX sets July 31 for nearly $900 million in fifth creditor distribution

FTX sets July 31 for nearly $900M creditor payout FTX said it will make its fifth creditor distribution on July 31, returning nearly $900 million to holders of approved claims in the Convenience and Non-Convenience Classes under its Chapter 11 plan. Creditors had to complete all pre-distribution steps by the June 16 record date, and payments will be sent via Kraken, Payoneer, or BitGo. FTX will also distribute $18 million to eligible Preferred Equity Holders the same day.

Regulation

Bolivia Reviews Framework to Recognize USDT for Payments and Savings

Bolivia weighs recognizing USDT for payments and savings Bolivia is reviewing a framework that would recognize Tether’s USDT as a payment currency, Economy and Public Finance Minister Jose Gabriel Espinoza said. The proposal would let USDT circulate alongside the boliviano and the US dollar for payments and savings, with anti-money laundering safeguards, as demand for dollar-denominated alternatives rises amid the country’s prolonged US dollar shortage.

DeFi

Morpho says fixed-rate lending protocol Midnight will launch publicly on Base in coming days

Morpho Midnight to launch publicly in coming days on Base Morpho said its fixed-rate, fixed-term lending protocol Midnight will exit beta and go live “in the coming days,” starting with a single cbBTC/USDC market on Base across multiple maturities. Day-one trading is limited to direct lenders and borrowers as the protocol is stress-tested live, but multi-market offers will be available at launch so liquidity providers can quote across multiple isolated markets at once.

Regulation

Nigeria Puts Crypto Exchanges Under SEC Licensing Rules in 2026

Nigeria brings crypto exchanges under SEC licensing regime Nigeria’s Investments and Securities Act 2025 classifies digital assets as securities and puts exchanges, custodians and other crypto service providers under SEC oversight. From 2026, platforms serving Nigerian users are expected to be licensed; using unlicensed exchanges can mean blocked naira deposits and withdrawals, possible domain restrictions, and no legal recourse if funds are lost.

Crypto Brief

Dash brings Zcash-derived Orchard privacy to Evolution mainnet

Dash activates Orchard privacy system on Evolution chain Dash has activated Orchard-based shielded pools on its Evolution mainnet, letting users send DASH without revealing the sender, receiver or amount. The new system replaces PrivateSend’s coin-mixing approach with Zcash’s zero-knowledge proof tech, and Dash said it can confirm transactions in about one second and sync a wallet in roughly 20 seconds. Shielded stablecoins and other assets are planned next.

Infrastructure

Cardano to shift core development to outside teams through 2027

Cardano to hand core development to external teams through 2027 Input Output will start transferring control of Cardano’s Haskell node, Plutus, Hydra and other core components to independent specialist teams from August through 2027, in a push toward full decentralization. Charles Hoskinson called it the final stage of the Voltaire era, with groups including Se7en Labs and Teragone taking over parts of the stack under community oversight while IO shifts toward research and new ventures.

Mining

Foundry Opens Hashrate-Weighted Miner Vote on Bitcoin Soft Fork Proposal BIP-110

Foundry opens hashrate vote on Bitcoin soft fork BIP-110 Foundry Digital said its mining clients will vote with their hashrate on whether the pool signals for BIP-110, a proposed Bitcoin soft fork that would temporarily restrict non-monetary data in transactions. The pool starts at “No” and will switch only if “Yes” votes top 51% of voting hashrate; the signaling window is expected to run through early August at block 961,632. Foundry controls about a third of Bitcoin network hashrate.

DeFi

Aave V4 proposes Round 10 cap increases on Ethereum as deposits climb to $262M

Aave V4 implements Round 10 cap increases via Security Council Aave V4 has executed Round 10 of its Add Cap and Draw Cap adjustments through the Aave Security Council, lifting total Add Cap capacity by about $29 million to roughly $618 million. The update targets constrained markets after deposits rose 9% week over week to about $262.2 million, with key increases including USDC, WETH and cbBTC on Core, WETH on Prime, sUSDe on Plus, and the USDG credit line from $15 million to $20 million.