DeFi & L1L2 Weekly - 🎉 Crypto.com Reaches 100M Users, BlackRock’s BUIDL Becomes Largest Tokenised Treasury Fund
DeFi & L1L2 Weekly - 🎉 Crypto.com Reaches 100M Users, BlackRock’s BUIDL Becomes Largest Tokenised Treasury FundCrypto.com hits new milestone with 100 million global users. BlackRock’s BUIDL is now the largest tokenised treasury fund. Ethereum devs propose EIP-7702 to enhance externally owned accounts.Weekly DeFi IndexThis week's market capitalisation was positive at +9.54%, while volume and volatility indices were negative at -3.85% and -12.63% respectively. Chart of the WeekBlackRock's BUIDL fund is now the largest tokenised treasury fund, surpassing Franklin Templeton's FOBXX fund (BENJI) weeks following its launch. As of 7 May, the fund has over US$382 million in deposits (exceeding BENJI’s $368 million). BUIDL has grown 36.38% MoM, while BENJI has only shown a 1.26% growth during the same period. This comes following increased inflows in BUIDL earlier this month, including $50 million from real-world asset (RWA) tokenisation firm Ondo Finance’s OUSG token. We covered RWA tokenisation, tokenised treasuries, and BUIDL in our latest research report Tokenisation of RWAs & Yield-Bearing Stablecoins. News Highlights
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Crypto Market Pulse Weekly – 💸 HK Spot Bitcoin ETFs Saw ~$250M Inflows in 3 Days
Monday, May 6, 2024
Hong Kong Spot Bitcoin ETFs saw US$250M net inflows in 3 days. Morgan Stanley filed with the US SEC to permit exposure to Bitcoin ETFs. Australia is reportedly considering the launch of Bitcoin ETFs. ͏
NFT & Blockchain Gaming Weekly - 📈 NFT Lending Volume Exceeds US$2.1B in Q1
Friday, May 3, 2024
NFT Lending Volume Exceeds $2.1B in Q1, Led by Blend. Moonbirds changes copyright policy under Yuga Labs. "Gacha Grab" catapults Azuki NFT sales to $1.1M in a day. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Thursday, May 2, 2024
EigenLayer withdrawal queue count rises amid EIGEN airdrop controversy. Runes make up over two-thirds of Bitcoin transactions since its launch. BlackRock's BUIDL leads the tokenised fund race. ͏ ͏
Crypto Market Pulse Weekly – ₿ Bitcoin Hits Record Daily Number of Transactions
Monday, April 29, 2024
$BTC hits record daily number of transactions. Spot $BTC and $ETH ETFs to start trading in Hong Kong on 30 April. Franklin Templeton listed its Spot Ether ETF on US DTCC. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
NFT & Blockchain Gaming Weekly - 📈 Runes Dominated BTC Transactions Post-Halving
Friday, April 26, 2024
Runes Dominated BTC Transactions Post-Halving. Telegram to tokenise stickers & emojis as NFTs. ApeCoin price drops 66% amid BAYC decline. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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