# Defi Update 7

By [Defi update](https://paragraph.com/@bidur.eth) · 2021-11-08

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New updates today:

[https://a16z.com/2021/11/08/investing-in-matter-labs/](https://a16z.com/2021/11/08/investing-in-matter-labs/)

2.  Matters lab gets [Series B for ZKSync.](https://techcrunch.com/2021/11/08/matter-labs-scores-50m-from-a16z-to-bring-zero-knowledge-rollup-scaling-to-ethereum/?tpcc=tcplustwitter) Read about zero knowledge-rollup that is processed off-chain in above [article by A16Z.](https://a16z.com/2021/11/08/investing-in-matter-labs/)
    
3.  If you had GEIST locked or staked in FTM, check out Blizz finance
    
    for the airdrop #airdrop alert.
    
4.  If you held ENS before OCT 31, you will be receiving AIRDROP today. Check out their twitter for more info.
    
5.  Crypto market cap [reach 3T for the first time.](https://cointelegraph.com/news/crypto-markets-tag-3t-combined-market-cap-for-first-time)
    
6.  [Crypto.com](http://Crypto.com) supports Cronos cross-bridge [mainnet beta launch](https://cointelegraph.com/news/crypto-com-supports-cronos-cross-bridge-mainnet-beta-launch). The protocol launched its testnet in July 2021 and has since facilitated 1.5 million transactions.
    
7.  Bitmain to launch new Bitcoin miner with a touted [hash power of 150 TH/s](https://www.theblockcrypto.com/linked/123505/bitmain-new-bitcoin-miner-150-terahash).
    
    [https://twitter.com/AltcoinHunterr/status/1457469703912370187](https://twitter.com/AltcoinHunterr/status/1457469703912370187)

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*Originally published on [Defi update](https://paragraph.com/@bidur.eth/defi-update-7)*