Messages
8/24/2022
12 : 14
Weekly Update - Defi and Layer 1 & Layer 2 News (Week 33, 17/08/2022 - 23/08/2022)
Decentralised stablecoin Fei may cease operations. HUSD depegs following the closure of market maker accounts. Attacker loses 5 ETH after trying to exploit Near Protocol's Rainbow bridge.
8/17/2022
12 : 4
Weekly Update - Defi and Layer 1 & Layer 2 News (Week 32, 10/08/2022 - 16/08/2022)
Acala Network suffered a security breach and aUSD depegged. Curve Finance's website was hacked. Crypto users were hit with a “dust attack” after being sent a small amount of $ETH from Tornado Cash.
8/12/2022
3 : 14
Weekly Update - Defi and Layer 1 & Layer 2 News (Week 31, 03/08/2022 - 09/08/2022)
US Treasury Department sanctioned Tornado Cash. Uniswap proposed to form a Uniswap Foundation. Thousands of Solana hot wallets compromised after private keys exploited in Slope mobile wallet.
8/4/2022
11 : 44
Weekly Update - Defi and Layer 1 & Layer 2 News (Week 30, 27/07/2022 - 02/08/2022)
Aave will launch a crypto-based stablecoin called GHO. Ethereum's 10th "shadow fork" goes into effect. Harmony proposes proposes a hard fork to reimburse users' funds.
7/18/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 28, 11/07/2022 – 17/07/2022)
Gnosis Safe rebrands as “Safe” after US$100M funding round. Celsius bankruptcy filing shows US$4.7B owed to customers. ZKX raises US$4.5M seed funding with the help of Crypto.com Capital.
7/11/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 27, 04/07/2022 – 10/07/2022)
elsius pays off the entirety of its loan from MakerDAO. The MakerDAO community votes on bringing traditional banking into its ecosystem. Aave to launch USD stablecoin named GHO.
7/4/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 26, 27/06/2022 – 03/07/2022)
MakerDAO users reject centralisation proposals and consider bond investing. Tether reduces its commercial paper holdings to US$8.4B. Aave launches Aave Arc, a new service approved by 30 institutions.
6/20/2022
12 : 14
Crypto.com Weekly DeFi Update (Week 24, 13/06/2022 – 19/06/2022)
USDT condemns reserves rumours. TronDAO injects US$700M to support $USDD. Finblox and Babel Finance restrict withdrawals.
6/13/2022
12 : 14
Crypto.com Weekly DeFi Update (Week 23, 06/06/2022 – 12/06/2022)
Celsius pauses withdrawals. Tron DAO boosts $USDD reserves with $50M in crypto. JPMorgan announces DeFi plans.
6/6/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 22, 30/05/2022 – 05/06/2022)
Terraswap is live on Terra 2.0, and Terra Classic $LUNC is hacked. Kava Networks partners with Sushi. Chainlink's VRF v2 launches on Polygon.
5/30/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 21, 23/05/2022 – 29/05/2022)
Uniswap hits $1T in total volume. $USDT's market cap dwindles. Terra will burn 1B UST.
5/23/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 20, 16/05/2022 – 22/05/2022)
65.90% of voters favour a $LUNA hard fork. South Korean parliament summons Do Kwon. $USDT and $USDC boost transparency efforts. $DEI loses peg
5/16/2022
12 : 14
Crypto.com Weekly DeFi Update (Week 19, 09/05/2022 – 15/05/2022)
$USDT briefly loses peg. Celsius Network reportedly removes $500M from Anchor. Do Kwon publishes a 'Terra Ecosystem Revival Plan'.
5/9/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 18, 02/05/2022 – 08/05/2022)
UST depegged after US$285M sell-off but quickly regains peg. Uniswap reports more liquidity on some $ETH pairs than centralised exchanges. Cronos Eosystem Grant recipients announced
4/25/2022
12 : 4
Crypto.com Weekly DeFi Update (Week 16, 18/04/2022 – 24/04/2022)
Terra's UST has become the third-largest stablecoin. Bastion Protocol closes a US$9 million Series A funding round. Orbit Network incubates under Cronos labs.
4/18/2022
12 : 14
Crypto.com Weekly DeFi Update (Week 15, 11/04/2022 – 17/04/2022)
Uniswap launches Uniswap Labs Ventures to invest in Web3 projects. Anchor Protocol to expand to Polkadot's Acala network. VVS finance announces its next IGO partner: Argo.
4/11/2022
12 : 14
Crypto.com Weekly DeFi Update (Week 14, 04/04/2022 – 10/04/2022)
Market manipulation? $USDN loses dollar peg. Yearn advocates for ERC-4626 tokenised vault standard. Price & volume indices tumble, volatility rises.
4/4/2022
12 : 14
Crypto.com Weekly DeFi Update (Week 13, 28/03/2022 – 03/04/2022)
Stablecoin liquidity pool introduced by Terraform Lab. New $100M liquidity fund on $ADA by Wave Financial. Single Finance's Cronos dApp goes live.
3/28/2022
12 : 24
Crypto.com Weekly DeFi Update (Week 12, 21/03/2022 – 27/03/2022)
Terra's $UST now exchangeable for $BTC thanks to integration by Thorchain. Cronos Ecosystem Grant Program revealed batch 2 of grantees.
3/21/2022
9 : 34
Crypto.com Weekly DeFi Update (Week 11, 14/03/2022 – 20/03/2022)
MetaMask offers its own token, plans to create a DAO. Aave v3 launches on multiple blockchains.