CryptoEconomics Newsletter 121

26 November, 2022

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..

Source: CBINSIGHTS

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.

Source: CryptoRank

CryptoFinance

BlockFi is considering filing for bankruptcy in the US.

JP Morgan registers trademark for a new cryptocurrency wallet.

Source: TOP 7 ICO

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.

Source: DappRadar

On-Chain

The number of DeFi apps on different blockchains is 3,359.

Source: CryptoDiffer