All of this happened in crypto last week 👇
1️⃣ Ripple secures $500M round at a $40B valuation.
"The crypto firm said on Wednesday, in a funding round led by Fortress Investment Group and Citadel Securities."
2️⃣ Perp DEX volumes hit record $1.2T in October.
"This push was led primarily by Lighter, Aster, EdgeX, Pacifica, and ApeX, all of which saw record monthly volumes."
3️⃣ Stream Finance halts withdrawals and deposits after $93M loss.
"The DeFi protocol, known for its synthetic tokens xUSD, xBTC, and xETH, has engaged Perkins Coie LLP to investigate."
4️⃣ Tether's annual profits top $10B as Treasury holdings swell.
"The world’s largest stablecoin issuer reported that it has generated profits of over $10 billion during the first three quarters of this year."
5️⃣ Google to roll out prediction markets data in search results.
"The move would potentially put the platforms in front of millions of Americans who use Google, as the companies behind them face legal scrutiny in several major markets."
6️⃣ CMT Digital raises $136M for fourth crypto VC fund.
"CMT Digital has already distributed about 25% of its $136 million stash, including investments in finance-focused crypto companies"
7️⃣ Balancer blames rounding error for $128M multi-chain exploit.
"The protocol cited a rounding flaw in its swap logic, which attackers exploited to manipulate pool balances and extract value."
8️⃣ Japan's regulator backs joint stablecoin project by three major banks.
"The financial regulator said the venture will see MUFG, SMBC and Mizuho Financial Group explore the joint issuance of a stablecoin as an electronic payment instrument."
9️⃣ FTSE Russell taps Chainlink to bring Russell 1000 & other index data onchain.
"This includes data for benchmarks like the Russell 1000, Russell 2000, Russell 3000, and other FTSE products."
🔟 $1.3B+ in crypto positions liquidated as BTC drop below $104,000
"Analysts point to lingering fear from the Oct. 10 wipeout, ETF outflows, the U.S. government shutdown, and reduced global liquidity as possible catalysts for the dip."
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