Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 30, 20/07/2023 - 26/07/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 30, 20/07/2023 - 26/07/2023)Wormhole Foundation launches Gateway for Cosmos appchains. Optimism moves forward with two proposals to add ZK-proofs. CLabs plans to migrate Celo blockchain to Ethereum Layer-2.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -0.11%, -12.71%, and -35.54%, respectively. Chart of the WeekReal-world assets (RWAs) are tangible and intangible assets that can be tokenised or represented as digital tokens on the blockchain. The concept of RWA tokenisation has gained traction over the past few years, and its potential today can be seen in both the traditional finance (TradFi) and decentralised finance (DeFi) spaces. The number of transactions for key RWA categories in the week of 10 to 17 July reached nearly 480,000. Leading the pack are the fixed-income and equity subcategories.
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Market Pulse by the Crypto.com Research & Insights Team (Week 30, 18/07/2023 - 24/07/2023)
Monday, July 24, 2023
Reddit tokens MOON and BRICK surge on terms of service change. Bäumer Vendôme launches jewellery NFT collection on Crypto.com NFT.
Weekly NFT & GameFi Update (Week 29, 15/07/2023 - 21/07/2023)
Friday, July 21, 2023
Cronos announces a new partnership with Ubisoft. OpenSea launches peer-to-peer NFT swap function, 'Deals'. Gucci partners with auction house Christie's for an NFT sale.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 29, 13/07/2023 - 19/07/2023)
Wednesday, July 19, 2023
Uniswap launches the UniswapX protocol. Aave launches decentralised stablecoin GHO on Ethereum, with US$2M minted to date. zkSync Era unveils its latest prover tech upgrade Boojum.
Market Pulse by the Crypto.com Research & Insights Team (Week 29, 11/07/2023 - 17/07/2023)
Monday, July 17, 2023
District Court Judge rules $XRP is not a security in some situations. BlackRock's spot $BTC ETF application advances toward SEC review. Indonesia set to launch national crypto exchange.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 28, 06/07/2023 - 12/07/2023)
Sunday, July 16, 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.
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