Weekly Update - Layer 1 & Layer 2 News (Week 50, 14/12/2021-20/12/2021)
ConsenSys launches rollup with help from Mastercard. Uniswap community approves proposal of Uniswap v3 contracts over Polygon PoS Chain.
Key Takeaways
The SEC is delaying their decision on Grayscale and Bitwise spot Bitcoin ETFs. The decision on the Grayscale Bitcoin Trust has been pushed to Feb. 6, 2022, while the decision on the Bitwise Bitcoin ETP Trust is moved to Feb. 1, 2022. (ref)
ConsenSys has launched ‘ConsenSys Rollups’ with the help of Mastercard’s engineering team to enable expansion on both the Ethereum mainnet and for private use. (ref)
The Uniswap community has approved a governance proposal that sought deployment of Uniswap v3 contracts over the Polygon PoS Chain. (ref)
Cronos (CRO) saw a +17.54% increase in total transactions to 7.44M and an increase of TVL at $1.55B ( +11.33% week-on-week). The total number of wallet addresses now stands at 249,290, up +12.43% from last week.
Highlights
ETH 2.0 contract deposits hits an all-time high with a value of over $33 billion
Ukraine’s Central Bank oversees digital currency pilot using Stellar
Cardano launches a new peer-to-peer (P2P) testnet to increase decentralisation
Cardano Hydra scaling solution edges closer to testnet launch
Polygon and Reddit co-founder’s VC launch $200 million Web3 initiative
Justin Sun resigns as CEO of TRON, says Tron Foundation to dissolve in 2022
VanEck ETN adds Polygon and Avalanche to its crypto investment offerings
‡ Accurate as of end of November report
Sources: Coingecko, Etherscan,Ethernodes, Terra Station, Terra Etherscan, Avascan, Solana Beach, FTMscan, BSCscan,Cronos Explorer, DeFi Llama
Sources: DeFi Llama, Polyscan, Clark Moody Bitcoin, 1ML, Ronin Explorer, Coingecko, Optimistic Etherscan, Arbiscan, Boba Explorer
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