Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 26,22/06/2023 - 28/06/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 26,22/06/2023 - 28/06/2023)Crypto.com establishes Global Innovation Lab to advance blockchain, Web3, and AI. Circle's CCTP is now live on Arbitrum. zkSync unveils ZK Stack for building ZK-powered 'hyperchains'.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were positive at +13.55%, +55.34%, and +29.33%, respectively Chart of the WeekzkEVM chains are reaching new heights as the total value locked in Polygon zkEVM and zkSync have seen a significant surge over the past few months. According to the latest data, zkSync has nearly US$650 million locked in. Meanwhile, Polygon zkEVM continued to see stellar growth as its TVL rose to over $42 million and it recently hit the 1 million transaction mark. News Highlights
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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 26,20/06/2023 - 26/06/2023)
Monday, June 26, 2023
Crypto.com receives VASP registration from Bank of Spain. JPMorgan conducts its first Euro-denominated blockchain transaction. SAP launches testnet for stablecoin cross-border payments.
Weekly NFT & GameFi Update (Week 25, 17/06/2023 - 23/06/2023)
Friday, June 23, 2023
'CryptoPunk' NFT burnt and transferred to Bitcoin as Ordinals inscription. Fortnite and Nike unveil 'Airphoria' collaboration. Germany releases dog-themed NFTs to recruit blockchain
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 25,15/06/2023 - 21/06/2023)
Wednesday, June 21, 2023
Ethereum devs submit proposal to increase validator limit from 32 to 2048 ETH. Uniswap selects Wormhole and Axelar for cross-chain bridging. Polkadot revamps governance system and launches OpenGov.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 24,08/06/2023 - 14/06/2023)
Tuesday, June 20, 2023
Google Cloud partners with Cronos Labs on the latter's Accelerator Program. Circle rolls out its native USDC stablecoin on Arbitrum. Polygon unveils Polygon 2.0, the “value layer of the internet”.
Weekly NFT & GameFi Update (Week 24, 10/06/2023 - 16/06/2023)
Tuesday, June 20, 2023
NFT artist FEWOCiOUS and Adidas team up for an NFT release. Ava Labs launches Avalanche Arcad3 for blockchain game integrations. Snoop Dogg launches NFT pass for upcoming concert tour.
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