Key Takeaways

• Bitcoin (BTC) miners made more than $15 billion in revenues throughout 2021, according to The Block Research. The estimate represents a year-over-year increase of 206%. (ref)

• Fantom (FTM) witnessed a rapid upsurge in total value locked (TVL) in all active dApp protocols. With its $5.6 billion in TVL, Fantom surpassed veteran smart contracts platform Tron (TRX). Price increases for tokens such as FTM, BOO, and TOMB also contributed to the upswing. (ref)

• Crypto.com buys ad space for the Super Bowl 2022. The Super Bowl – the most important event in American football – will be held in February 2022. For reference, the 2021 Super Bowl had 96.4 million viewers. (ref)

• Tectonic (TONIC), one of the first lending protocols on Cronos, has launched on 23 December, reaching a TVL of $193.88M and a total borrow amount of $328.80M as of 28 December 2021. Users can now supply and borrow assets on Tectonic to earn TONIC rewards. (ref)

• Cronos (CRO) saw a +15.05% increase in total transactions to 8.56M and an increase of TVL to $1.93B ( +25.81% week-on-week). The total number of wallet addresses now stands at 274,007, up +9.91% from last week.

Highlights

• Ethereum launches Kintsugi public testnet ahead of move to proof-of-stake

• DeFi traders push Terra’s UST stablecoin to $10B market cap

• Opera partners with Polygon to integrate Ethereum dApps into browser

• StarkWare unveils Ethereum Layer 3 ‘hyper-scaling’

• US renewable energy services provider to build $2.4 billion data center with Bitcoin mining

• Binance burns 1.335 million BNB, replaces quarterly burns with BNB auto-burns

• Avalanche ($AVAX) starts trading on Kraken as on-chain activity skyrockets

• Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal

• Number of Cardano's wallets grow over 1,200% from last Christmas

• Over $120 billion pours into crypto market in a day as Bitcoin reclaims $51k

• Terra (LUNA) surpasses $35,000,000,000 market cap, soaring 123% in 30 days

• Terra's Mirror protocol warns community against governance attack

‡ Accurate as of end of November report

Sources: Coingecko, Etherscan,Ethernodes, Terra Station, Terra Etherscan, Avascan, Solana Beach, FTMscan, BSCscan,Cronos Explorer, DeFi Llama

Sources:  DeFi Llama, Polyscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer

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