Cryptocurrency funding hits new record of $3.5 billion in a single week

 last week, the amount of cryptocurrency financing reached a record high, with 28 rounds of financing raising a record-breaking $3.5 billion. Data released by Cryptorank on Monday showed that from October 6th to 12th, the weekly financing amount reached its peak, surpassing all previous peaks, including the nearly $3 billion raised from July 28th to August 3rd. Previously, the financing amount had been below $1 billion for seven consecutive weeks, indicating a significant recovery in investor confidence. Cryptorank data shows that blockchain services dominated the financing activities last week. Of the 28 rounds of financing recorded from October 6th to 12th, 12 were for blockchain service providers, making it the most active sector. Pantera Capital was the most active investor last week, participating in four transactions: two involving blockchain services, and the rest involving CeFi and social enterprises.