PANews reported on November 4th that Liquid, a decentralized perpetual contract aggregator, has completed a $7.6 million seed funding round, led by Paradigm, with participation from General Catalyst and several angel investors in the crypto and technology sectors. Liquid integrates platforms such as Hyperliquid, Lighter, and Ostium, providing a one-stop solution for non-custodial trading, yield, risk control, and analytics. The founder is Franklyn Wang, former head of AI at Two Sigma. The platform has already facilitated over $500 million in trading volume.

Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion dollar growth over the next five years will help push down interest rates. A growing demand for US dollar-tied crypto stablecoins could help push down the interest rate, says US Federal Reserve Governor Stephen Miran.The Donald Trump-appointed Miran told the BCVC summit in New York on Friday that the dollar-pegged crypto tokens could be “putting downward pressure” on the neutral rate, or r-star, that doesn’t stimulate or impede the economy.If the neutral rate drops, then the central bank would also react by dropping its interest rate, he said.Read more

