Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 55, 26/01/2023 - 01/02/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 55, 26/01/2023 - 01/02/2023)ETH developers launch ‘Zhejiang’ testnet for simulating ETH withdrawals. Aave buys 2.7M CRV tokens to clear bad debt from exploit. MakerDAO’s new proposal seeks to increase Compound D3M debt ceiling.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -2.53%, -14.15%,and -20.46%, 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 Accelerator, an expert-led 3-month accelerator programme for selected teams who want to be a part of the Crypto.com and Cronos ecosystem, is now open. Teams can access the Cronos ecosystem, which is made up of a supportive community that shares advice, forms partnerships, and builds together. They will also meet with the Crypto.com App and Exchange teams in order to gain a deeper understanding of the listing assessment process. Visit the Cronos website to learn more. As of 31 Jan 2023Sources: DeFi Llama, Crypto.com ResearchNote: TVL excludes governance token staking, staked LP tokens that one of the coins in the pair is governance token, borrowing, and vestingAs of 31 Jan 2022Sources: CoinGecko, DeFi Llama, Crypto.com ResearchNews Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 54, 18/01/2023 - 16/01/2023)
Thursday, January 26, 2023
Ethereum Shanghai Mainnet shadow fork goes live. MakerDAO approves proposal to deploy USDC in Yearn Finance. SushiSwap passes Kanpai proposal, will redirect all trading fees to its treasury.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 52, 04/01/2023 - 10/01/2023)
Friday, January 20, 2023
Crypto.com DeFi Wallet now enables card payments via Crypto.com Pay. Balancer warns LPs to withdraw liquidity ASAP. Critical vulnerability found in Polkadot, preventing potential US$200M loss.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 53, 11/01/2023 - 17/01/2023)
Friday, January 20, 2023
Ethereum hits 500K validators, staked ETH passes 16M. Polygon completes hard fork to reduce gas spikes and chain reorg. Shiba Inu to launch beta release of Shibarium L2.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 51, 28/12/2022 - 03/01/2023)
Wednesday, January 4, 2023
1inch's new upgrade supports gas-free swap orders. SushiSwap proposes new tokenomics and will stop lending products. Debaub found a critical vulnerability in Uniswap's Universal Router smart
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 50, 14/12/2022 - 20/12/2022)
Wednesday, December 21, 2022
Visa proposes potential collaboration with Ethereum. Curve Finance to deploy on zkSync mainnet. Solana-based DEX Raydium hacked for over US$2.2M.
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