We are back with the 115th 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
USDC is integrating with DeSo, which will pave the way for DeSo to become a cross-chain social layer for all of Web3.
Near Protocol partners with Google Cloud to provide infrastructure for Near’s Web3 startup platform, Pagoda.
Increasingly mature digital payments infrastructure fuels non-cash transaction growth (volume in billions).
DeFi
Ethereum development company Nethermind has warped the decentralized exchange Uniswap onto the Ethereum Layer 2 network StarkNet.
MakerDAO will be converting $500 million worth of its DAI stablecoin to use for investing in treasuries and bonds.
Weekly trading volume on DEXes has been going down, but stands at a decent $8B.
CryptoFinance
Livepeer, an Ethereum-based decentralized video streaming network, increased its usage 12% in Q3'22.
Polygon rolled out its first public testnet for its rollup solution zkEVM, with Uniswap and Aave jumping on board.
Price performance of Bitcoin, Ethereum and DeFi index for 30 days.
NFT
CNN decided to shut down its marketplace for its own NFTs and is accused of rug pull.
Meta Platforms has partnered with Microsoft to bring a range of Microsoft Office 365 products into Meta’s Virtual Reality (VR) platform.
VCs and angel investors were generally active despite the bear market, with Web3 startups having raised a total of $1.037 billion. Just like in the previous month, gaming companies received the most investors’ attention, followed by NFT and DAO-related startups.
On-Chain
This month, $718 million has been stolen from DeFi protocols across 11 different hacks.
Cross-chain bridges remain a major target for hackers, with 3 bridges breached this month and nearly $600 million stolen.
Web traffic for metaverse projects in September
Highlights from BlockchainIST
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
Rising Capital Metaverse, NFT & Gaming Report — September Edition
SlowMist: 2022 Mid-Year Blockchain Security and AML Analysis Report
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