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.
Project Spotlight
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
Recent Research ReportsDisclaimerThe 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? |
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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.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 19/10/2022 - 25/10/2022)
Wednesday, October 26, 2022
Aave released GHO technical paper and first audit findings. MakerDAO voted in favour of founder's 'Endgame Plan'. NEAR Foundation to end USN stablecoin.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 41, 12/10/2022 - 18/10/2022)
Wednesday, October 19, 2022
Proposal for Uniswap to be deployed on zkSync passes with 100% of votes. Aptos Foundation mainnet rollout draws criticism. Ethereum launches 'Shandong', its pre-Shanghai upgrade testnet.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 5/10/2022 - 11/10/2022)
Wednesday, October 12, 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 US government.
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
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