This week was great for Ethereum, with a new all-time high.
Ethereum Name Service is launching is DAO The DAO will be able to control the pricing of the ENS service, as well as the treasury of ENS. ENS governance tokens will be airdrop to the users of the ENS service
Connext, an interoperability protocol for EVM Blockchains, has just added support for Ethereum. You can now transfer assets to/from Ethereum directly from Polygon, Fantom, BSC, Arbitrum, Avalanche & xDai.
DeFi Market Cap & Important figures
The DeFI Market cap reached 105B, it keeps increasing after having being stuck around 100B for a few weeks
This is a protocol to borrow or lend at a fixed rate. You can borrow stablecoins for up to one year, and ether or wrapped bitcoin for up to 6 month
The Angle Protocol has officially been deployed on the Ethereum mainnet. Angle provides an Euro stablecoin as well as the ability to open leveragde long positions for various stabecoins
Aave v3 was just announced. It comes with a lot of new features, like Portal, which allows assets to seamlessly flow between Aave V3 markets over different networks;
Padawan DAO is a new DAO to fund scholarships for young Palawan so that they can attend their first crypto conferences – this targets highschool and college students
Sfermion’s, a new investment fund to back the metaverse has received $100m in funding from top investors like Marc Andreessen and the Winklevoss twins
Solana Ventures, the strategic investment arm of Solana Labs, as well as others, have invested 100M to fund a studio for games that will be live on Web3.
NFTs Take Over NYC, which giant NFT billboards at Timesquare, as the NFT.NYC conference is taking place
Eternals, Marvel’s latest movie will issue some NFTs on Veve, an NFT Marketplace on ImmutableX.
NFTX has released a new product to allow you to swap NFTs of the same collection
Enterprise Blockchain & Regulation
The U.S. Congress voted to pass the infrastructure bill that contains very strict provisions for crypto.
Under The crypto industry is concerned about the new definition of a broker within this law.
The new definition might include miners and other parties that don’t actually facilitate transactions.
Another problematic provision is the reporting of personal information for any transaction above 10,000.
However, the treasury department still has to explain how it plans to interpret the bill, and many think that the law will be impossible to enforce.
Commonwealth Bank will become the first Australian bank to offer crypto services to its customers, in a partnership with Gemini.
News for Developers
You can now open the code examples of the Solidity docs in Remix by clicking on a an icon next to each code sample
TypeScript library to swap NFTs using the 0x protocol
NFT Floor Market: a zero-fee + royalties, 100% on-chain marketplace contract that allows buyers to place offers on any token within an ERC-721 contract, and any holder can accept the offer.
Archivenode, a project that offers free access to archive node
Compile and deploy Cairo contracts, Cairo is the smart contract language for StarkNet zk rollups, already used by dYdX, Sorare and Immutable XBlockchainDeFiEthereum