Weekly Update - Layer 1 & Layer 2 News (Week 25, 21/06/2022 – 27/06/2022)
Weekly Update - Layer 1 & Layer 2 News (Week 25, 21/06/2022 – 27/06/2022)Harmony announces a US$1M bounty for the hacker who moved US$100M to Tornado Cash. Norway announces an Arbitrum-powered platform to let people access shares of unlisted firms. Cardano postpones Vasil.
Key Takeaways
Highlights
Layer 1 Project Metrics
* % change is based on the difference between two subsequent bi-weekly periods† Sum of P, X and C-chain total transactions‘–’ denotes missing, unavailable, or incomplete dataSources: Coingecko, Etherscan,Ethernodes, Cardanoscan, Avascan, Solana Beach, FTMscan, BSCscan,CronoScan, Cronos Explorer, DeFi LlamaLayer 2 Project Metrics
* Figure refers to Lightning nodes with active channels† Ronin is the sidechain developed by Sky Mavis for Axie Infinity‘–’ denotes missing, unavailable, or incomplete dataSources: DeFi Llama, Polygonscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer, Andromeda Metis Explorer
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Market Pulse by the Crypto.com Research & Insights Team (Week 25, 20/06/2022 – 26/06/2022)
Monday, June 27, 2022
Short-Bitcoin CME futures ETF launches after BTC is down 70%. Put-Call ratios for BTC stabilising while ETH's continues marching lower. Asset managers net-long position in CME BTC futures crawling
Weekly GameFi Update (Week 24, 17/06/2022 - 23/06/2022)
Friday, June 24, 2022
Blockchain games continue to defy the bear market. TIME Magazine and The Sandbox team up to recreate NYC in the metaverse. Immutable launches US$500M Web3 gaming fund.
Weekly NFT Update (Week 24, 15/06/2022 – 21/06/2022)
Thursday, June 23, 2022
OpenSea migrates to Seaport protocol. Nansen launches Web3 chat app Nansen Connect beta. NFT's biggest event NFT.NYC 2022 kicks off.
Weekly Update - Layer 1 & Layer 2 News (Week 24, 14/06/2022 – 20/06/2022)
Tuesday, June 21, 2022
Arbitrum launches a reward system called Arbitrum Odyssey. Ethereum launches a testnet Beacon chain. VeChain tests Proof of Authority 2.0.
Market Pulse by the Crypto.com Research & Insights Team (Week 24, 13/06/2022 – 19/06/2022)
Monday, June 20, 2022
Central banks walking a macro tightrope. The BTC balance in accumulation addresses is rising. 'Panic' buying in put-protection drives options skews to highest levels YTD.
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