Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 5/10/2022 - 11/10/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 5/10/2022 - 11/10/2022)BNB Chain temporarily halted after suffering a $566 million exploit. Solana-based DeFi protocol Mango was hacked for $100+ million. MakerDAO passed the plan to invest $500 million in U.S. government.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -5.15%, -15.19%, and -46.28%, respectively. Check the latest prices on Crypto.com/Price DeFi Index Tokens*DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI.News Highlight
DEX Protocols MetricsSources: CoinGecko, DeFi Llama, Nomics, Crypto.com ResearchLending Protocols Metric*LDR (Loan to Deposit Ratio) = Total Borrowed / TVLSources:CoinGecko,DeFi Llama,Crypto.com ResearchCharts on Layer-2 Projects
Further Reading
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Market Pulse by the Crypto.com Research & Insights Team (Week 40, 04/10/2022 – 10/10/2022)
Monday, October 10, 2022
BTC and ETH's correlation dips. MakerDAO allocates US$500M to US Treasury and corporate bonds. Fidelity launches an #Ethereum index fund.
Weekly NFT & GameFi Update (Week 39, 30/09/2022 - 06/10/2022)
Friday, October 7, 2022
Yuga Labs creates community council representing Bored Ape YC and Mutant Ape Yacht Club. Japan to invest in NFT and Metaverse services. Web3 startup Horizon raises US$40 million in Series A funding.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 39, 28/09/2022 - 04/10/2022)
Wednesday, October 5, 2022
Lightning released Taro to enable asset issuance&transfer on Bitcoin&Lightning. Zksync 2.0, a zkEVM rollup, will be live in Oct. The hacker who exploited Transit Swap returned 70% of the stolen
Market Pulse by the Crypto.com Research & Insights Team (Week 39, 27/09/2022 – 03/10/2022)
Monday, October 3, 2022
BTC and gold's correlation is bouncing up. Deutsche Telekom will run a validator to support ETH staking. Meta launches NFT sharing on Facebook and Instagram.
Weekly NFT & GameFi Update (Week 38, 23/09/2022 - 29/09/2022)
Friday, September 30, 2022
Apple will allow apps to sell NFTs in its App Store. OpenSea added support for Optimism. PUBG creator announced new blockchain metaverse game.
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