Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 51, 14/12/2023 - 20/12/2023)
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 51, 14/12/2023 - 20/12/2023)Cronos Labs launches the Cronos zkEVM testnet. Ethereum approves ERC-3643, its first compliant tokenisation standard. Circle launches its Euro stablecoin, EURC; AllUnity to launch a Euro stablecoin.
Weekly DeFi IndexThis week's market cap, volume, and volatility indices were negative at -2.29%, -21.31%, and -23.97%, respectively. Chart of the WeekCronos Labs launched the Cronos zkEVM testnet, a zero-knowledge (ZK) rollup blockchain on top of the Ethereum Sepolia testnet, meaning it is secured by Ethereum both from a final settlement and a data availability standpoint. The project is a hyperchain using ZK Stack, a modular open-source framework optimised for building custom Layer-2 (L2) and Layer-3 (L3) hyperchains. It is launched in partnership between Cronos Labs, Matter Labs, and engineering teams from Crypto.com, VVS Finance, Fulcrom Finance, and Veno Finance. The target date for the Cronos zkEVM mainnet launch is set in Q2 2024. The Cronos zkEVM testnet is a significant milestone in Cronos's multi-year scalability journey, where the Cronos ecosystem is now multi-chain across several networks to support a broad range of user needs and use cases:
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! Weekly Crypto News about DeFi, NFT, and crypto market is free today. But if you enjoyed this post, you can tell Weekly Crypto News about DeFi, NFT, and crypto market that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Older messages
Market Pulse by the Crypto.com Research & Insights Team (Week 51, 12/12/2023 - 18/12/2023)
Monday, December 18, 2023
Crypto.com partners with top Singapore charities for Web3 payments. Cronos Labs launches zkEVM testnet. US Fed holds interest rates steady.
Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 50, 07/12/2023 - 13/12/2023)
Friday, December 15, 2023
Bitcoin Core V26.0 goes live, V27 could terminate Bitcoin Ordinals. Ethereum aims to activate Dencun in January 2024. Polygon CDK to integrate Celestia's data availability solution.
Weekly NFT & GameFi Update (Week 50, 09/12/2023 - 15/12/2023)
Friday, December 15, 2023
Crypto.com's 'Dark Lions' NFT collection launched. Pudgy Penguins plans to launch a game called 'Pudgy World Alpha'. Sotheby's initiates its first-ever auction for Bitcoin
Market Pulse by the Crypto.com Research & Insights Team (Week 50, 05/12/2023 - 11/12/2023)
Monday, December 11, 2023
Crypto.com is authorised as an Electronic Money Institution in the UK. CME BTC futures open interest reaches new highs. Societe Generale issues its first digital green bond on Ethereum.
Weekly NFT & GameFi Update (Week 49, 02/12/2023 - 08/12/2023)
Friday, December 8, 2023
NFT market sees a significant surge. Decentraland introduces a cross-chain upgrade to its marketplace. Funko to release digital collectibles featuring Disney's Mickey and Friends characters.
You Might Also Like
🥛 Bitcoin's biggest event of the year - don't miss the alpha! 🚨
Friday, July 26, 2024
PLUS: How long does it take to make $1M? 🤔
What will Trump say in his Bitcoin Conference 2024 keynote tomorrow?
Friday, July 26, 2024
Trump's evolving stance on Bitcoin marks a historic shift in his campaign strategy ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
WuBlockchain Weekly: Ethereum Spot ETF Sees Net Outflow of $179 Million in Three Days, Mt. Gox Assets Continue to …
Friday, July 26, 2024
1. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 🚀 Solana Monkey Business & Other Collections Propel Solana NFT Sales to Second P…
Friday, July 26, 2024
Solana Monkey Business & Other Collections Propel Solana NFT Sales To Second Ranking. Telegram Launches Web3 App Store. Animoca Partners The Open Network (TON) for Ecosystem Integration. ͏ ͏ ͏ ͏ ͏
Thinking Through the POGO Ban
Friday, July 26, 2024
CRYPTODAY 136 ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🥛 Are you investing or gambling in markets? 🎰
Thursday, July 25, 2024
PLUS: Crypto is down. Here's why… 🩸
Bitcoin and Ethereum plunge after US tech sell-off, sparking $300 million in losses
Thursday, July 25, 2024
The strong outflows from spot Ethereum ETFs also contributed to the downward market pressure. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Analysis: Comparison of Buy and Sell Orders after the Ethereum Spot ETF Listing and Its Long-term Impact
Thursday, July 25, 2024
By SoSoValue ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Reminder: Crypto Companies Show Resilience As Microsoft Outage Affects Millions
Thursday, July 25, 2024
We bring you the top stories in crypto every week! Stories like... Monday July 22, 2024 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Companies Show Resilience As Microsoft Outage
🥛 Bitcoin is digital gold, what's Ethereum? 👀
Wednesday, July 24, 2024
PLUS: ETH vs. BTC ETFs: The Day 1 showdown ⚔️