Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 19,04/05/2023 - 10/05/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 19,04/05/2023 - 10/05/2023)Bitcoin transaction fees surpass block subsidy for miners. MakerDAO launches Spark Protocol, a DeFi lending solution for $DAI users. SushiSwap rolls out v3 liquidity pools across 13 networks.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at-6.57%, -22.97%,and -10.34%, respectively.
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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.We’re all ears.Your feedback has always helped us provide insightful crypto market trends. Tell us how we can improve this newsletter further by taking a quick survey below (it will only take less than a minute). Thank you! 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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Market Pulse by the Crypto.com Research & Insights Team (Week 19, 03/05/2023 – 08/05/2023)
Monday, May 8, 2023
Crypto.com launches artificial intelligence chatbot, Amy. US Federal Reserve raises rates by 25 bps. Kingdom of Bhutan is running $BTC mining operations.
Weekly NFT & GameFi Update (Week 18, 29/04/2023 - 05/05/2023)
Friday, May 5, 2023
Auction house Sotheby's launches secondary NFT marketplace. Blur launches NFT lending protocol, Blend. Sports Illustrated launches NFT ticketing platform on Polygon.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 18, 27/04/2023 - 03/05/2023)
Wednesday, May 3, 2023
Cronos Labs partners with AWS for its AWS Activate programme. Bitcoin's transaction volume hits all-time high thanks to Ordinals. Circle launches USDC transfer protocol for Ethereum and Avalanche.
Market Pulse by the Crypto.com Research & Insights Team (Week 18, 25/04/2023 – 02/05/2023)
Tuesday, May 2, 2023
Crypto.com and Samsung enhance Crypto.com App for Galaxy Z Fold. Cronos Labs collaborates with AWS to support Web3 startups. Franklin Templeton launches money market fund on Polygon.
Weekly NFT & GameFi Update (Week 17, 22/04/2023 - 28/04/2023)
Friday, April 28, 2023
Bored Ape Yacht Club creator Yuga Labs wins landmark victory over copycat project. Musicians Steve Aoki and 3LAU announce track inspired by CryptoPunks. Romania launches national NFT marketplace.
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