Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 44, 02/11/2022 - 08/11/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 44, 02/11/2022 - 08/11/2022)FTX set to be acquired by Binance. Aave votes to deploy on zkSync testnet. GALA crashed as pNetwork was misconfigured. Deribit halts withdrawal after a US$28M hot wallet hack.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were all positive at +4.39%, +33.21%, and +120.98%, respectively. Check the latest prices on Crypto.com/Price *DeFI index tokens: AAVE, BAL, CAKE, COMP, CRV, CVX, FXS, JOE, LDO, LINK, MKR, OSMO, REN, SNX, SPELL, SUSHI, UNI, VVS, YFI.
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As of 8 Nov 2022Sources: DeFi Llama, Crypto.com ResearchNote: TVL excludes governance token staking, staked LP tokens that one of the coins in the pair is governance token, double counting (TVL feeds into another protocol), borrowing, liquidity staking, and vestingAs of 8 Nov 2022Sources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlight
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Market Pulse by the Crypto.com Research & Insights Team (Week 44, 01/11/2022 – 07/11/2022)
Monday, November 7, 2022
MATIC surges 27.8%. Instagram will allow minting of NFTs using the Polygon blockchain. Deribit suffers security breach, hackers take $28M.
Weekly NFT & GameFi Update (Week 43, 28/10/2022 - 04/11/2022)
Friday, November 4, 2022
Minted Network launchpad goes live. Instagram users will soon be able to mint and sell NFTs. GameStop extends its NFT Store to ImmutableX.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 43, 26/10/2022 - 01/11/2022)
Wednesday, November 2, 2022
Matter Labs launches 'Baby Alpha' on the zkSync 2.0 mainnet. Arco Protocol goes offline, asks community for confidence vote. Huobi Global stablecoin HUSD depegs after delisting.
Market Pulse by the Crypto.com Research & Insights Team (Week 43, 25/10/2022 – 31/10/2022)
Monday, October 31, 2022
Dogecoin rockets up 106%. Elon Musk acquires Twitter. Matter Labs releases second version of zkSync.
Weekly NFT & GameFi Update (Week 42, 21/10/2022 - 28/10/2022)
Friday, October 28, 2022
Crypto.com signs an MOU with ACT Games. Bored Ape Yacht Club NFT holders have access to a new merch drop. Reddit brings half a million newcomers to the world of NFTs.
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