We are back with the 111th volume of ICRYPEX CryptoEconomics Newsletter 😊. This is the first newsletter in Turkey in which you can find CryptoFinance, FinTech, DeFi, NFT and On-Chain themes all together. We have compiled this week’s metrics 📊 and news 📰.
Additionally, you can find the latest highlights from the BlockchainIST Center.
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Metrics and Stories of the Week
FinTech
The Digital Dollar Project has announced the launch of its Technical Sandbox Program to jumpstart further exploration of technical implementations of a U.S. CBDC.
Alphabet invested $1.506 billion in blockchain companies between September 2021 and June 2022 and became the leading publicly listed firm investing in the sector.
Turkey's Fintech ecosystem map
DeFi
Starbucks introduced Starbucks Odyssey, its blockchain-based loyalty platform and NFT community. To engage with the Starbucks Odyssey, Starbucks Rewards members will log in to the web app using their existing loyalty program credentials.
The central bank of Norway released the open source code for the country’s CBDC that is based on Ethereum. The central bank of Norway is among dozens of monetary-policy regulators, currently working on developing and issuing their own digital currencies.
Percent supply in smart contracts just reached a 4-month high of 41.873%.
CryptoFinance
BNBChain has released the zkBNB testnet, which can support 100M addresses, and handle 5K-10K transactions per second. The development of zkBNB follows the March 2022 launch of BNB Application Sidechain (BAS).
Google marked the time left until the Ethereum Merge upgrade with a new countdown timer in last week. Typing any variation of “Ethereum Merge” or “The Merge” into the search engine showed a countdown ticker.
Volume of Bitcoin futures.
NFT
QueenE, an Ethereum-based NFT project, is holding its final Gen1 artwork auction following the death of England’s Queen Elizabeth II.
Starbucks introduced Starbucks Odyssey, its blockchain-based loyalty platform and NFT community.
Metaverse moves in the banking industry.
On-Chain
Number of active ETH addresses (7d MA) just reached a 1-month high of 31,498.220.
ETH NVT ratio (7d MA) just reached a 1-month low of 2,118.238.
BTC Realized Cap just reached a 11-month low of $410,075,060,312.83.
Highlights from BlockchainIST
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
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