We are back with the 123rd 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
Mastercard takes stake in Conferma Pay.
Huobi will form a "strategic partnership" with cryptocurrency exchange Poloniex.
US Timeline: The Rise of Fintech Companies and Key Regulatory Actions.
DeFi
Circle’s $9 billion SPAC deal with Concord has been terminated.
Galaxy Digital has won an auction to buy custody platform GK8 from bankrupt crypto lender Celsius Network.
DeFi has received a total of $6.49 billion in funds since 2017.
CryptoFinance
Telegram is planning to build a decentralized crypto exchange.
Gridless, a bitcoin mining company that is focused on rural communities in East Africa, has raised $2 million in a seed investment round.
Top-12 cross-chain bridges by total value locked.
NFT
O.G. audio app Winamp adds Ethereum and Polygon music NFT support.
More than 4.4 million Reddit Collectible Avatars have been minted since Reddit launched the collection earlier this year.
In November, despite the FTX collapse, blockchain gaming activity was resilient, and the average daily unique active wallets (dUAW) decreased only by 12%, reaching 800,875.
On-Chain
Bitcoin mining difficulty saw the biggest drop since July 2021 lowering by 7.32%.
Layer-2 gas spending hit all time high values.
Top 10 cryptocurrencies by social activity; Bitcoin leads with 88K mentions in the past 24 hours, followed by BNB and Ethereum.
Trends of the Week 📈
Highlights of the Week
Reading List of the Week
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Sources
Crypto Exchanges Huobi, Poloniex to Form 'Strategic Partnership'
Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network
Telegram Announces Plans to Build Decentralized Crypto Exchange Following FTX Failure
African Bitcoin Mining Firm Gridless Raises $2 Million in Funding Round Led by Stillmark, Block Inc.
O.G. Audio App Winamp Adds Ethereum and Polygon Music NFT Support