Crypto.com Research | Layer 1 & Layer 2 Update

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Tether performed a $1B USDT chain swap from Solana to Ethereum. Curve Finance launches stablecoin crvUSD, releases code and whitepaper. Uniswap says it…
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Tether’s USDT stablecoin temporarily dropped 3%. 7-day DeFi weekly exchange volume hits $32M.
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FTX set to be acquired by Binance. Aave votes to deploy on zkSync testnet. GALA crashed as pNetwork was misconfigured. Deribit halts withdrawal after a…
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Matter Labs launches ‘Baby Alpha’ on the zkSync 2.0 mainnet. Arco Protocol goes offline, asks community for confidence vote. Huobi Global stablecoin…
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Aave released GHO technical paper and first audit findings. MakerDAO voted in favour of founder’s ‘Endgame Plan’. NEAR Foundation to end USN stablecoin.
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Proposal for Uniswap to be deployed on zksync passes with 100% of votes. AptosFoundation mainnet rollout draws criticism. Ethereum launches ‘Shandong…
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BNB Chain temporarily halted after suffering a $566 million exploit. Solana-based DeFi protocol Mango was hacked for $100+ million. MakerDAO passed the…
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