Bitcoin is up slightly at $18,735
Ethereum is up slightly at $1512
and Binance Coin up slightly at $263

Tesseract raises $78M in first funding round.

Attacker profits $370k off of flash loan attack.

Circle CEO says Binance's decision re: BUSD is good for USDC liquidity.

Kwasi Kwarteng to be the new finance minister in UK.

3AC withdraws $45M from Curve and Convex

Links:

• (1) Jeremy Allaire on Twitter: "Sharing some perspective on Binance forced conversion of USDC. Lots of misleading headlines and interpretations. Binance is not ending support for USDC, and change will likely lead to more USDC flowing to Binance. Here’s why. 1/" / Twitter
• (1) CertiK Alert on Twitter: "#CertiKSkynetAlert🚨 CertiK Skynet has reported a #flashloan attack on #AVAX impacting contract 0xe767c... & some LPs. The attacker profited ~$370k USDC. Possible impacted protocols include: @nereusfinance @traderjoe_xyz @CurveFinance Contact us for analysis. Stay Frosty!☃️ https://t.co/bZvtgVPpl4" / Twitter
• Former Revolut big cheese Alan Chang’s Tesseract raises $78m | Sifted
• 3AC withdraws $45 million from Curve and Convex
• UK’s New PM Truss Picks Kwasi Kwarteng to Be Finance Minister

Bitcoin is up 0.5% at $11,805
Ethereum is down 0.5% at $394
and XRP is down 2.5% at 30 cents

Top gainers in the last 24 hours:
Decentraland up 26%
Band Protocol up 22%
and Zilliqa up 15%

Binance receives a green light for BUSD from NYDFS.

Russia’s largest state-owned bank Sberbank is preparing to launch its own stable coin Sbercoin.

Compound releases their own price oracle.

Links:

• Sberbank is preparing to issue its own cryptocurrency - Vedomosti
• DeFi platform Compound launches permissionless price oracle - The Block
• Binance Says New York Banks Can Now Use Its Stablecoin After Watchdog Approval - CoinDesk

France: No Libra in Europe, Period

Binance BUSD Trades Next Week

Santander Sells Both Sides of Bond on Public Blockchain

Links:

• France ‘Cannot Authorize’ Facebook’s Libra Development in Europe: Report
• Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week - CoinDesk
• Santander Settles Both Sides of a $20 Million Bond Trade on Ethereum - CoinDesk