Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)Tether’s USDT stablecoin temporarily dropped 3%. 7-day DeFi weekly exchange volume hits $32M.Weekly DeFi IndexThis week's market cap and volume indices were negative at -20.07% and -15.63%, respectively, while volatility index was positive at +215.12%. 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.
As of 15 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 15 Nov 2022Sources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlight
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! |
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Weekly NFT & GameFi Update (Week 44, 04/11/2022 - 11/11/2022)
Friday, November 11, 2022
OpenSea launches on-chain tool to enforce NFT royalties. Bank of Korea tested NFT trading using a CBDC. Lionel Messi joins trading card game Sorare as brand ambassador.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 44, 02/11/2022 - 08/11/2022)
Thursday, November 10, 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.
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.
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