Sky authorizes up to $2.5 billion to back Obex-incubated crypto yield projects

Kraken has raised $800 million across two different tranches, putting its valuation at $20 billion, the company said Tuesday.The company generated approximately $40.5 billion in trading volume in October, The Block’s data shows.

As of late in day two of the offering, 63% of the Monad token sale had been subscribed.Monad co-founder Keone Hon took to social media to explain, and perhaps defend, the project’s strategy.

[U.S. Department of Labor and CFTC Announce Data Release Schedule] A spokesperson for the U.S. Department of Labor stated that the department plans to make up for the missing weekly initial jobless claims data during the government shutdown by the end of Thursday local time. The initial jobless claims for the week ending October 18 have already been released in advance, showing 232,000 claims. When the Department of Labor updates the data, it will be directly published on its official website without issuing a press release. Additionally, the Department of Labor plans to release the September PPI data at 21:30 (UTC+8) on November 25 and the September import and export price index at 21:30 (UTC+8) on December 3. The U.S. Commodity Futures Trading Commission (CFTC) announced that it will begin releasing the Commitments of Traders (COT) reports this week. The first report is expected to be released early Thursday morning (UTC+8). A maximum of two reports will be published per week, with the schedule expected to return to normal by January 23 next year.

[On-Chain Detective ZachXBT Questions U.S. Senator Warren's Accusations Regarding WLFI Sales] On-chain detective ZachXBT revealed that U.S. Senators Warren and Reed accused World Liberty Financial of receiving $10,000 from illegal sources during its token sales. However, this amount only accounts for 0.0018% of the total $550 million raised. ZachXBT pointed out on social media that this proportion is statistically insignificant. Previously, U.S. senators called for an investigation into the Trump family-linked crypto project World Liberty Financial, alleging that it sold WLFI governance tokens to 'highly suspicious entities,' including traders linked to North Korean hacker group Lazarus Group, sanctioned Russian entities, Iranian cryptocurrency exchanges, and the money laundering platform Tornado Cash, posing national security risks.

Robinhood is working on infrastructure developments, said Offchain Labs' A.J. Warner, including 24/7 trading, and leveraging technologies like Arbitrum Stylus for compatibility.