We are back with the 121th 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
Circle, the issuer of the USD Coin, has added support for Apple Pay.
Visa brings face payments and animated digital cards to World Cup.
Global venture funding reached $74.5B in Q3’22, hitting a 9-quarter low. The new funding level represented a 34% drop quarter-over-quarter.
DeFi
According to a new bankruptcy court filing, FTX owes $3.1 billion to its top 50 biggest creditors.
Genesis is in talks with potential investors for at least $1 billion in fresh capital.
Total value locked in DeFi protocols has fallen by 23% since the start of November down to $74.1B. This is the lowest TVL since March of 2021.
CryptoFinance
BlockFi is considering filing for bankruptcy in the US.
JP Morgan registers trademark for a new cryptocurrency wallet.
Top companies that suffered from FTX crash.
NFT
Sony has filed a patent to use NFT and decentralized ledger technology in order to record the movements and changes undergone by in-game digital assets.
South Korea’s telecommunications giant SK Telecom launched its Ifland metaverse in 49 countries.
The average royalty percentage increased 17% on OpenSea this year.
On-Chain
The number of DeFi apps on different blockchains is 3,359.
Current, all time high and all time low prices of the top 10 layer-1 tokens in 2022.
Before FTX collapsed, it commanded ~10% of the daily volume of BTC perpetual futures. Since the start of November, Binance has gained 7% in market share of BTC perpetual volumes, rising from 56% to 63%, winning the vast majority of volume left behind by FTX.
Highlights from BlockchainIST
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
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Sources
Circle, the issuer of the USD Coin, has added support for Apple Pay.
Visa brings face payments and animated digital cards to World Cup.
According to a new bankruptcy court filing, FTX owes $3.1 billion to its top 50 biggest creditors.
Genesis is in talks with potential investors for at least $1 billion in fresh capital.
JP Morgan registers trademark for a new cryptocurrency wallet.
South Korea’s telecommunications giant SK Telecom launched its Ifland metaverse in 49 countries.