Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 28, 06/07/2023 - 12/07/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 28, 06/07/2023 - 12/07/2023)On-chain Staking is now available in the Crypto.com App. Aave DAO community to vote on GHO stablecoin deployment on Ethereum. Shiba Inu Layer-2 Shibarium is expected to go live in August.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -5.88%, -32.83% and -39.16%, respectively. Chart of the WeekUniswap reached new heights as it surpassed the 200 million milestone in unique transactions in June. This growth can also be seen in its total users over time, which now stands at 5.5 million, according to Dune data. News Highlights
Recent Research Reports
Recent University Articles
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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Weekly NFT & GameFi Update (Week 28, 08/07/2023 - 14/07/2023)
Sunday, July 16, 2023
Google Play allows NFTs in apps and games in its store. Starbucks's Odyssey announces collaboration with NFT collection Aku. 7-Eleven launches free 'Slurpee' NFTs on the Polygon network.
Market Pulse by the Crypto.com Research & Insights Team (Week 28, 04/07/2023 - 10/07/2023)
Monday, July 10, 2023
Hong Kong sets up a task force for Web3 development. MAS announced a new rule for crypto firms in Singapore. The US added 209000 jobs in June, slightly below expectations.
Weekly NFT & GameFi Update (Week 27, 01/07/2023 - 07/07/2023)
Friday, July 7, 2023
Yuga Labs releases HV-MTL Forge game. Credit Suisse partners with the Swiss Football Association to release an NFT collection. Dior announces sneakers with “digital twins” on Ethereum.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 27, 29/06/2023 - 05/07/2023)
Wednesday, July 5, 2023
The new Ethereum token standard, ERC-223, has been added to ETH documentation. Polygon Labs proposes a four-layer architecture for Polygon 2.0. TRON network is gearing up for its Periander upgrade.
Market Pulse by the Crypto.com Research & Insights Team (Week 27, 27/06/2023 - 3/07/2023)
Monday, July 3, 2023
Crypto.com establishes its very first Global Innovation Lab. Hong Kong government forms task force for Web3 development. Swiss National Bank to launch wholesale CDBC pilot project.
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Friday, September 20, 2024
The Federal Reserve announced a rate cut to 5%, lower than the anticipated 5.25%, marking the first rate reduction since March 2020. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 🪙 DeGods launches DEGOD token on Solana; PayPal and Venmo integrate ENS
Friday, September 20, 2024
DeGods launches $DEGOD on Solana. PayPal and Venmo integrate ENS. Magic Eden and Mocaverse unveil NFT launchpad, MagicMoca. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 $BTC supply crunch incoming? 📈 These charts say yes...
Thursday, September 19, 2024
PLUS: RWAs just hit an all-time high in total value! 🏆
Trump involved in Bitcoin transaction in New York’s PubKey bar
Thursday, September 19, 2024
Former President Trump assisted in completing a Lightning transaction to buy burgers for fans. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 🚀 Ethereum on-chain stablecoin volume reaches all-time high; Sky launches SKY and USDS
Thursday, September 19, 2024
Ethereum on-chain stablecoin volume reaches all-time high. USDC launches on Sui blockchain and is available in Brazil and Mexico. Sky launches new tokens SKY and USDS. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly - 🚀 Ethereum on-chain stablecoin volume reaches all-time high; Sky launches SKY and USDS
Thursday, September 19, 2024
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Analysis of the impact of the Fed's 50bps rate cut on the future market
Thursday, September 19, 2024
At its September meeting, the Federal Reserve cut rates by 50 basis points, with its monetary policy statement emphasizing the goal of maximum employment. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Fed cuts 50 bps 🔪 Here’s the market’s reaction...
Wednesday, September 18, 2024
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Bitwise CIO likens Ethereum to Microsoft, bets on underappreciated dominance despite bearish sentiment
Wednesday, September 18, 2024
Hougan believes that despite market doubts, Ethereum still leads in DeFi assets and institutional adoption, much like Microsoft's role in tech. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Binance co-founder publishes a long article responding to the recent coin listing standards
Wednesday, September 18, 2024
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