We are back with the 119th 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
Japan’s Digital Agency is creating its own DAO to better understand how it works.
Digital banking firm Revolut is adding a crypto spending feature that will enable customers to use their crypto balance to pay for everyday purchases using their Revolut card.
Growth in FinTech unicorns over the years.
DeFi
Tensions between FTX and Binance spilled into public view.
Alameda allegedly sold its tokens in violation of its agreement with BitDAO.
DeFi market cap increased in Q3 from $36B to $45B. However, this is still ~70% down from the start of the year.
CryptoFinance
Binance would have a more than 80% share of the global crypto market if the agreement to buy FTX goes ahead.
The FTX CEO Sam Bankman-Fried lost an estimated $14.6 billion dollars – nearly 94% of his total wealth after the agreement with Binance.
Price performance of BTC, ETH and DeFi Index for 1 year.
NFT
OpenSea announced that it will continue to enforce creator royalties on NFTs following significant pushback from the community.
According to Absolute Reports, GameFi market size is expected to reach a 2.8 billion valuation by 2028.
Most-mentioned NFT projects on Twitter.
On-Chain
According to the total value locked Ethereum ranks first among public chains with $25.3B.
According to the web traffic analysis of decentralized exchanges in October, PancakeSwap was the most visited decentralized exchange.
Top 10 exchanges by stablecoin balances.
Highlights from BlockchainIST
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
H1 2022 Global Cryptocurrency Mergers and Acquisition and Fundraising Report
October Crypto Recovery Comes with More NFT Traders, Hacks and Exploits
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