Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 33, 10/08/2023 - 16/08/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 33, 10/08/2023 - 16/08/2023)Curve Finance passes proposal to launch new stableswap pool. Microsoft partners with Aptos Labs to build new blockchain AI tools. Sei mainnet goes live.Weekly DeFi IndexThis week's market cap index and volume indices were negative at -0.03% and -17.61%, respectively, while the volatility index was positive at +23.75%. Chart of the WeekSpark Protocol, a lending protocol by MakerDAO and a fork of Aave v3, has reached US$444 million in total value locked (TVL). Launched in May 2023, the platform focuses on DAI, aiming to increase use cases for the stablecoin through borrowing, lending, and staking. To incentivise long-term engagement with Spark Protocol, MakerDAO founder Rune Christensen introduced a proposal to create a new governance token for it to reward users. News Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 32, 03/08/2023 - 09/08/2023)
Monday, August 14, 2023
PayPal to issue a new stablecoin in the US. Tether unveils new software to improve Bitcoin mining. Cypher Protocol suffered an exploit with close to US$1 million in losses.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 30, 20/07/2023 - 26/07/2023)
Wednesday, July 26, 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 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.
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.
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.
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