Lighter has raised $68 million in funding, with Founders Fund and Ribbit Capital leading the round.
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.
7 minutes ago
Binance will postpone the listing of Allora (ALLO).
November 11th, Binance officially announced that Allora (ALLO), which was originally scheduled to become live at 21:00 (UTC+8) on November 11, 2025, will be postponed and will instead become live at 22:00 (UTC+8) on November 11, 2025.
7 minutes ago
U.S. Senator Proposes Bill to Transfer Cryptocurrency Oversight from SEC to CFTC
On November 11th, as per DL News, Washington is in the process of redefining the regulatory discourse concerning the $3.6 trillion digital asset industry. A bipartisan proposal put forward by the U.S. Senate on Monday seeks to transform the U.S. cryptocurrency regulatory landscape by shifting regulatory authority from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC).
This proposal, introduced by Senate Agriculture Committee Chair John Boozman and Senator Cory Booker, encompasses granting the CFTC the authority to define and regulate digital commodities, establishing a registration system for crypto exchanges, enforcing new disclosure rules, and imposing fees on specific transactions.
Boozman remarked: "The CFTC is the appropriate agency to oversee digital commodity spot markets. It is crucial to establish clear rules for the emerging crypto market while safeguarding consumers."
7 minutes ago
Capybobo releases Web3.0 NFT Kidcore Blind Box, reshaping the next generation collectibles economy model
November 11th. According to official channels, Capybobo, a fashionable toy project positioning itself as the "Web3 Bubble Mart," has released a teaser video for its Doll Clothing Blind Box. The video presents the blind box gameplay through the story of "One Token Changing Fate": the protagonist uses 1 PYBOBO token to draw a hidden style doll clothing, which triggers a 72x airdrop weight, resulting in a significant increase in wealth.
The Capybobo Doll Clothing Blind Box follows the Bubble Mart model, with common styles, hidden styles, and other rarity levels, maintaining the unboxing ritual while incorporating an airdrop incentive mechanism. The rarer the doll clothing, the higher the airdrop multiplier, adding airdrop weight to the scarcity of trendy toys.
Compared to traditional blind boxes, Capybobo uses an on-chain transparent rarity system to ensure fair probability. Since doll clothing is an on-chain asset, it has global liquidity like Bitcoin, enabling real-time trading and ph
7 minutes ago
CZ Clarifies: Community Rumors of Self-biography in "Beyond Borders" are False News, Beware of AI Scams
On November 11th, the founder of Binance, CZ, posted on social media in response to community rumors about the book "Beyond Borders," which was rumored to be his autobiography. He stated, "This is not a book I wrote. Please be cautious of those using artificial intelligence for scams."
7 minutes ago
Lido DAO Community has initiated an LDO Automated Buyback Proposal, scheduled to be implemented in Q1 2026
November 11th. In the Lido DAO community, in its latest workstream proposal, it is proposed to achieve automated buyback and liquidity management by deploying an LDO/wstETH position in a Uniswap v2-style liquidity pool. This LP position will be held by an Aragon Agent. If the proposal is passed, it is expected to be implemented in the first quarter of 2026.
The new mechanism aims to trigger buybacks when the ETH price is high and the protocol's annualized revenue exceeds a set threshold. By doing so, it can expand on-chain depth, reduce the circulating supply of LDO, and thereby improve capital efficiency and the long-term token value.
7 minutes ago
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