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Lighter has raised $68 million in funding, with Founders Fund and Ribbit Capital leading the round.

2 hours ago

On November 11th, as per Fortune magazine, Perp DEX Lighter has made an announcement regarding the completion of a new funding round amounting to $68 million. The 40-year-old founder and CEO of Lighter, Vladimir Novakovski, stated that this funding round was spearheaded by Peter Thiel's Founders Fund and fintech investor Ribbit Capital. Additionally, Haun Ventures and the online brokerage Robinhood (which rarely participates in venture capital) also took part. According to sources with knowledge of the matter, this funding round has appraised Lighter at approximately $1.5 billion. Novakovski declined to disclose the valuation details but did mention that this funding round encompasses both equity and token subscription rights.
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The U.S. House Rules Committee will meet tomorrow morning to advance the government funding proposal.

November 11: It was disclosed by sources that the U.S. House Rules Committee will hold a meeting at around 18:00 - 18:30 Eastern Time today (07:00 - 07:30 Beijing Time the next day) in order to move forward the government funding plan for a vote tomorrow. (FX168)

7 minutes ago

Arthur Hayes Buys UNI Again After Three Years

On November 11th, as per the monitoring of LookOnChain, after a period of three years, Arthur Hayes once more acquired 28,670 UNI tokens (approximately $244,000).

7 minutes ago

Goldman Sachs: US Could Lose 50,000 Jobs in October

On November 11th, Goldman Sachs estimated that the US non-farm payrolls decreased by approximately 50,000 in October, which was the largest decline in 2020. Its employment growth tracker slowed down from 85,000 in September to 50,000. Additionally, due to the Trump administration's "delayed departure plan", about 100,000 positions were cut. The bank pointed out that the number of layoffs is on the rise, indicating weakness in the labor market. (FX678)

7 minutes ago

「Whale」 Reduces ETH and UNI Long Positions

On November 11th, according to the monitoring of HyperInsight, "Big Brother Whale" Huang Lizheng decreased his long position in ETH to $16.03 million and his long position in UNI to $2.48 million. Currently, the total position is floating with a profit of $70,000.

7 minutes ago

Bitcoin Drops Below $104,000

On November 11th, based on HTX market data, Bitcoin has fallen below $104,000 and is currently trading at $103,957, with a 24-hour decrease of 1.27%.

7 minutes ago

If Bitcoin falls below $102,000, the mainstream CEX long liquidation volume will reach $848 million

On November 11th, based on Coinglass data, if Bitcoin drops below $102,000, the cumulative liquidation intensity of mainstream CEXs will reach $848 million. In contrast, if Bitcoin surpasses $106,000, the cumulative liquidation intensity of mainstream CEXs will reach $695 million. BlockBeats Note: The liquidation chart does not display the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that level, a more intense reaction will occur due to a liquidity cascade.

7 minutes ago