Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 50, 14/12/2022 - 20/12/2022)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 50, 14/12/2022 - 20/12/2022)Visa proposes potential collaboration with Ethereum. Curve Finance to deploy on zkSync mainnet. Solana-based DEX Raydium hacked for over US$2.2M.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -12.81%, -3.29%, and -1.00%, 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.New Project SpotlightCronos recently announced the latest batch of its Ecosystem Grants recipients. First launched back in December 2021, the programme aims to support innovative, early-stage projects on Cronos and align incentives with new builders and teams. For its sixth batch, five projects were selected, including NFT explorer platform NFTScan, blockchain data analysis platform Footprint Analytics, and developer integration toolkit Transak. As of 20 Dec 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 20 Dec 2022Sources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlight
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 49, 07/12/2022 - 13/12/2022)
Friday, December 16, 2022
Ethereum's Shanghai upgrade tentatively scheduled for Mar 2023. $USDD stablecoin lost its peg, drops to US$0.97. Noman relaunch + issue partial reimbursement to users affected by US$190M exploit.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 30/11/2022 - 06/12/2022)
Wednesday, December 7, 2022
Telegram to build crypto exchanges and wallets. Trader Joe to deploy on Ethereum L2 network Arbitrum. US$20M exploit confirmed on Ankr and Helio Protocol, Ankr to reimburse affected users.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 47, 23/11/2022 - 29/11/2022)
Wednesday, November 30, 2022
Ethereum staking withdrawals enter the testnet stage. Gas usage on Ethereum L2 networks reaches record monthly high. Aave proposed governance changes after failed US$60M short attack.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 46, 16/11/2022 - 22/11/2022)
Wednesday, November 23, 2022
Tether performed a $1B USDT chain swap from Solana to Ethereum. Curve Finance launches stablecoin crvUSD, releases code and whitepaper. Uniswap says it collects users' public on-chain data.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)
Wednesday, November 16, 2022
Tether's USDT stablecoin temporarily dropped 3%. 7-day DeFi weekly exchange volume hits $32M.
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Wednesday, March 27, 2024
Transactions spike as fees drop in Ethereum L2s post Dencun. Fidelity adds staking to Ether ETF application. Arbitrum rolls out Atlas upgrade, with additional fee reductions and more. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Wednesday, March 27, 2024
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