Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 2/11/2023 - 8/11/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 2/11/2023 - 8/11/2023)Celestia launches its mainnet beta following the TIA token airdrop. Optimism introduces the Canyon Hardfork. Arbitrum DAO passes proposal to allow ARB token staking.
Weekly DeFi IndexThis week's market cap and volatility indices were positive at +15.30% and +36.93%, respectively, while the volatility index was negative at -40.54%. Chart of the WeekModular blockchain Celestia has successfully deployed its mainnet beta, enabling rollups and other modular chains to use it for data availability and consensus, marking the arrival of the ‘modular era’. This follows the airdrop of its native TIA token, issuing 60 million TIA to 580,000 active users in Cosmos and Ethereum Layer-2 ecosystems. The Celestia data availability (DA) layer incorporates a Proof-of-Stake (PoS) blockchain known as the celestia-app. This blockchain is the foundation for facilitating transactions within the DA layer and was developed using the Cosmos SDK. The launch of Celestia and TIA boosted the Cosmos ecosystem, with the total value locked (TVL) surging 23% month-on-month.
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Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 44, 26/10/2023 - 1/11/2023)
Wednesday, November 1, 2023
Ethereum devs confirm Dencun upgrade ruled out for 2023. Arbitrum Orbit is now officially mainnet-ready. Lido DAO raise concerns over LayerZero's unapproved wstETH bridge rollout.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 43, 19/10/2023 - 25/10/2023)
Wednesday, October 25, 2023
dYdX becomes open source as it transitions to Cosmos-based blockchain. Celestia gears up for mainnet beta launch. Safereum unlocked and dumped native tokens in US$1.3M exit scam.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 12/10/2023 - 18/10/2023)
Thursday, October 19, 2023
Uniswap to charge a 0.15% swap fee on select assets. Ethereum L2 Scroll launches on mainnet. Platypus loses over $2M from a flash loan attack, its third exploit in 2023.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 28/09/2023 - 04/10/2023)
Wednesday, October 4, 2023
Crypto.com is now the preferred exchange for PYUSD. Ethereum successfully relaunches Holesky testnet. Native Bitcoin is coming to Cosmos via Osmosis's Nomic Bridge.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 39, 21/09/2023 - 27/09/2023)
Wednesday, September 27, 2023
Google Cloud expands to blockchain data, adding 11 networks, including Cronos. Aave v3 to launch on Polygon zkEVM. Mixin Network and HTX suffered hacks with millions in losses.
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