Crypto.com DeFi Research

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2/1/2023
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 55, 26/01/2023 - 01/02/2023)

ETH developers launch 'Zhejiang' testnet for simulating ETH withdrawals. Aave buys 2.7M CRV tokens to clear bad debt from exploit. MakerDAO's new proposal seeks to increase Compound D3M
1/26/2023
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 54, 18/01/2023 - 16/01/2023)

Ethereum Shanghai Mainnet shadow fork goes live. MakerDAO approves proposal to deploy USDC in Yearn Finance. SushiSwap passes Kanpai proposal, will redirect all trading fees to its treasury. ‌ ‌ ‌ ‌ ‌
1/20/2023
6 : 55

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 52, 04/01/2023 - 10/01/2023)

Crypto.com DeFi Wallet now enables card payments via Crypto.com Pay. Balancer warns LPs to withdraw liquidity ASAP. Critical vulnerability found in Polkadot, preventing potential US$200M loss. ‌ ‌ ‌ ‌
1/20/2023
3 : 25

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 53, 11/01/2023 - 17/01/2023)

Ethereum hits 500K validators, staked ETH passes 16M. Polygon completes hard fork to reduce gas spikes and chain reorg. Shiba Inu to launch beta release of Shibarium L2. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
1/4/2023
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 51, 28/12/2022 - 03/01/2023)

1inch's new upgrade supports gas-free swap orders. SushiSwap proposes new tokenomics and will stop lending products. Debaub found a critical vulnerability in Uniswap's Universal Router smart
12/21/2022
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 50, 14/12/2022 - 20/12/2022)

Visa proposes potential collaboration with Ethereum. Curve Finance to deploy on zkSync mainnet. Solana-based DEX Raydium hacked for over US$2.2M. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
12/16/2022
9 : 25

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 49, 07/12/2022 - 13/12/2022)

Ethereum's Shanghai upgrade tentatively scheduled for Mar 2023. $USDD stablecoin lost its peg, drops to US$0.97. Noman relaunch + issue partial reimbursement to users affected by US$190M exploit. ‌
12/7/2022
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 48, 30/11/2022 - 06/12/2022)

Telegram to build crypto exchanges and wallets. Trader Joe to deploy on Ethereum L2 network Arbitrum. US$20M exploit confirmed on Ankr and Helio Protocol, Ankr to reimburse affected users. ‌ ‌ ‌ ‌ ‌ ‌
11/30/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 47, 23/11/2022 - 29/11/2022)

Ethereum staking withdrawals enter the testnet stage. Gas usage on Ethereum L2 networks reaches record monthly high. Aave proposed governance changes after failed US$60M short attack. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
11/23/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 46, 16/11/2022 - 22/11/2022)

Tether performed a $1B USDT chain swap from Solana to Ethereum. Curve Finance launches stablecoin crvUSD, releases code and whitepaper. Uniswap says it collects users' public on-chain data. ‌ ‌ ‌ ‌
11/16/2022
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 45, 09/11/2022 - 15/11/2022)

Tether's USDT stablecoin temporarily dropped 3%. 7-day DeFi weekly exchange volume hits $32M. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
11/10/2022
11 : 45

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 44, 02/11/2022 - 08/11/2022)

FTX set to be acquired by Binance. Aave votes to deploy on zkSync testnet. GALA crashed as pNetwork was misconfigured. Deribit halts withdrawal after a US$28M hot wallet hack. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
11/2/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 43, 26/10/2022 - 01/11/2022)

Matter Labs launches 'Baby Alpha' on the zkSync 2.0 mainnet. Arco Protocol goes offline, asks community for confidence vote. Huobi Global stablecoin HUSD depegs after delisting. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
10/26/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 42, 19/10/2022 - 25/10/2022)

Aave released GHO technical paper and first audit findings. MakerDAO voted in favour of founder's 'Endgame Plan'. NEAR Foundation to end USN stablecoin. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
10/19/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 41, 12/10/2022 - 18/10/2022)

Proposal for Uniswap to be deployed on zkSync passes with 100% of votes. Aptos Foundation mainnet rollout draws criticism. Ethereum launches 'Shandong', its pre-Shanghai upgrade testnet. ‌ ‌ ‌
10/12/2022
14 : 28

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 40, 5/10/2022 - 11/10/2022)

BNB Chain temporarily halted after suffering a $566 million exploit. Solana-based DeFi protocol Mango was hacked for $100+ million. MakerDAO passed the plan to invest $500 million in US government. ‌ ‌
10/5/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 39, 28/09/2022 - 04/10/2022)

Lightning released Taro to enable asset issuance&transfer on Bitcoin&Lightning. Zksync 2.0, a zkEVM rollup, will be live in Oct. The hacker who exploited Transit Swap returned 70% of the stolen
9/28/2022
12 : 14

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 38, 21/09/2022 - 27/09/2022)

Cosmos released the new white paper for ATOM 2.0. Polkadot announced a new roadmap. Boba network became the first L2 solution on Avalanche. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌
9/21/2022
12 : 4

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 37, 14/09/2022 - 20/09/2022)

Ethereum completed The Merge and VitalikButerin shared his vision for layer-3. Compound Treasury launched borrowings for institutions. Crypto market maker Wintermute hit by US$160M hack. ‌ ‌ ‌ ‌ ‌ ‌ ‌
9/15/2022
0 : 54

Weekly Update - DeFi and Layer 1 & Layer 2 News (Week 36, 07/09/2022 - 13/09/2022)

Coinbase proposes to move 1.6 billion USDC from MakerDAO's DAI collateral. The last Ethereum shadow fork upgrade is deployed on the mainnet. Mysten Labs raises $300 million to accelerate Sui