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
DisclaimerThe information in this report is provided as general market commentary by Crypto.com and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject Crypto.com and/or its affiliates to any registration or licensing requirement.The brands and the logos appearing in this report are registered trademarks of their respective owners.Thank you for reading! We hope you find our Weekly DeFi and Layer 1 & Layer 2 News Update enlightening! Hungry for more? Visit our Research Hub and University to access other insightful crypto research! Share with a friend if you like our email! If you liked this post from Crypto.com DeFi Research, why not share it? |
Key phrases
Older messages
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
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 38, 21/09/2022 - 27/09/2022)
Wednesday, September 28, 2022
Cosmos released the new white paper for ATOM 2.0. Polkadot announced a new roadmap. Boba network became the first L2 solution on Avalanche.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 37, 14/09/2022 - 20/09/2022)
Wednesday, September 21, 2022
Ethereum completed The Merge and VitalikButerin shared his vision for layer-3. Compound Treasury launched borrowings for institutions. Crypto market maker Wintermute hit by US$160M hack.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 36, 07/09/2022 - 13/09/2022)
Thursday, September 15, 2022
Coinbase proposes to move 1.6 billion USDC from MakerDAO's DAI collateral. The last Ethereum shadow fork upgrade is deployed on the mainnet. Mysten Labs raises $300 million to accelerate Sui
Weekly Update - Defi and Layer 1 & Layer 2 News (Week 35, 31/08/2022 - 06/09/2022)
Wednesday, September 7, 2022
Bellatrix is activated and went live on ethereum's Beacon Chain. MakerDAO's co-founder Rune proposes 'Endgame Plan' to free-float DAI. KyberSwap suffers front-end hack and attacker
You Might Also Like
Holy Grail! We’re live with a $100k prize pool 🏆
Tuesday, May 7, 2024
Swap, borrow, and stake to earn yield and get a chance to win a slice of the massive prize pool. Flipside Crypto Holy Grail! 🏆 Aptos Grail Tournament with $100k in prizes starts today! Keep doing what
US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive
Tuesday, May 7, 2024
Hong Kong spot Bitcoin and Ethereum ETFs recorded significant inflows of more than $300 million last week. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
The Usage & Evolution of Decentralized Exchanges (DEX’s)
Tuesday, May 7, 2024
Checking in on liquidity pools, trading volumes and adoption across Ethereum DEX's ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What is Based Rollup, and How Does it Inherit Ethereum's Liveness?
Tuesday, May 7, 2024
By 0XNATALIE, Researcher at @ChainFeedsxyz Source: With the completion of the Cancun upgrade and the reduction of L2 gas fees, the market's focus has once again shifted to L2. There are currently
Bitcoin network celebrates 1 billion transactions as a Satoshi-era wallet awakens
Monday, May 6, 2024
Bitcoin's 1 billion transactions is over a decade faster than Visa. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Crypto Market Pulse Weekly – 💸 HK Spot Bitcoin ETFs Saw ~$250M Inflows in 3 Days
Monday, May 6, 2024
Hong Kong Spot Bitcoin ETFs saw US$250M net inflows in 3 days. Morgan Stanley filed with the US SEC to permit exposure to Bitcoin ETFs. Australia is reportedly considering the launch of Bitcoin ETFs. ͏
Mining News in April: Bitcoin Halving Effect Emerges, Runes Boom Fades, Angola Paraguay Mining Ban, sponsored by B…
Monday, May 6, 2024
Title sponsored by Bitdeer, a NASDAQ-listed mining company. 1. Bitcoin mining company Bitfarms will invest nearly $240 million to upgrade its Bitcoin mining equipment, aims to remain profitable after
Chainalysis And Tether Team Up To Combat Illicit Activity
Monday, May 6, 2024
We bring you the top stories in crypto every week! Stories like... Monday May 6, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Chainalysis And Tether Team Up To Combat Illicit Activity
Liquidation heatmap shows volatility ahead as Bitcoin drops to $57k
Sunday, May 5, 2024
Liquidation heatmap analysis forecasts turbulent times ahead for Bitcoin as it struggles to regain $57000. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Apr 29 to May 5)
Sunday, May 5, 2024
1. Hong Kong Bitcoin Spot ETF Holds 4218 BTC Three Days After Launch link After three days of trading, the Hong Kong Bitcoin spot ETF holds a total of 4218 BTC. Among these holdings, the ChinaAMC