Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 36, 31/08/2023 - 06/09/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 36, 31/08/2023 - 06/09/2023)Cronos Labs kicks off recruitment for its US$100M accelerator program. MakerDAO founder proposes new native chain of Solana fork. Polygon zkEVM is now fully open-source, unveils Dragon Fruit upgrade.Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -3.62%, -2.43%, and -14.78%, respectively. Chart of the WeekCronos Labs has kicked off recruitment for the third cohort of its US$100 million accelerator programme, which aims to support project teams building at the intersection of AI and cryptocurrency. The recruitment phase commenced on 4 September, to coincide with Korea Blockchain Week. It includes Google Cloud, Amazon Web Services, CertiK, PeckShield, and various other firms as programme mentors. News Highlights
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 35, 24/08/2023 - 30/08/2023)
Wednesday, August 30, 2023
Tether releases reserves reports, confirming a $3.3B liquidity buffer to maintain $USDT stability. Aave suspends GHO minting to fix integration issue. Shibarium bridge token withdrawals are now live.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 34, 17/08/2023 - 23/08/2023)
Wednesday, August 23, 2023
New Ethereum testnet Holesky scheduled to launch in September. Tether stops support for USDC on three blockchains. Shibarium resumes block production after a brief pause after its mainnet launch.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 33, 10/08/2023 - 16/08/2023)
Wednesday, August 16, 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 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.
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