Hey Everyone!
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Newly covered today:
- Looks like Cardano Summit segments are being recorded and completed. https://twitter.com/ch1bo_/status/1437803839319691271
- In macro news that could impact Cardano & all of crypto, it has been announced that China’s Evergrande Group will not be able to make interest payments on its loans in a few days. https://twitter.com/Reuters/status/1438143063306690560 https://www.bloomberg.com/opinion/articles/2021-09-15/evergrande-gives-china-an-impossible-equation-to-solve-with-its-liquidity-crunch
- It looks like we’ll get some news about further collaboration with Baia’s Wine of Georgia at the Cardano Summit. https://twitter.com/ThornhillPublic/status/1438157239982956545
Previously Covered but still interesting:
- Check out this awesome “12 Facts” style article about Alonzo from Sebastien Guillemot from dcSpark. https://medium.com/dcspark/do-you-know-what-is-included-in-cardanos-alonzo-hardfork-changes-96cde16a8305
- Senator Warner made not one but two revisions to his amendment to the crypto provisions in the Infrastructure Bill. Both revisions were good for Cardano since they included proof-of-stake implicitly and then explicitly. https://twitter.com/jerrybrito/status/1424040216961114112 https://twitter.com/jerrybrito/status/1424074177770921992
- Both Gene Simmons and Ted Cruz came out in support of the competing Wyden-Lummis-Toomey Amendment to the Infrastructure Bill. Gene Simmons has previously revealed his Cardano purchases. https://twitter.com/tedcruz/status/1424097173172637697
- After the Senate called it a day on the Infrastructure Bill Amendment debate, it sounded like there might have been some dealmaking going on among Wyden, Portman, Warner, and Toomey. The Senate will be back at it tomorrow at Noon. https://twitter.com/mikedebonis/status/1424143941914566659
- No agreement on an amendment to the crypto tax reporting provisions of the Infrastructure Bill materialized today. https://twitter.com/jerrybrito/status/1424543439396429828
- Senator Lummis (a co-sponsor of the proposed crypto-friendly Toomey-Lummis-Wyden Amendment) is holding out hope that they may be able to get a vote on amendments tomorrow. https://twitter.com/SenLummis/status/1424556793506635776
- Charles is already planning a strategy for dealing with the bill once it’s in the House of Representatives. https://twitter.com/IOHK_Charles/status/1424561446973628421
- Very action packed day today (Aug 9). The Toomey-Lummis-Portman-Sinema came together and proposed a compromise amendment to the crypto tax reporting provisions in the Infrastructure Bill. They were not able to include any section for exclusion of developers from the “broker” definition but did cover the previous progress on transaction validators and wallet sellers. https://twitter.com/SenToomey/status/1424777137500864513
- Toomey-Lummis-Portman-Sinema sought the required unanimous consent, but their attempt was thwarted by a disagreement over $50 billion in defense spending. https://twitter.com/jerrybrito/status/1424832132204138503
- Several co-chairs of the Blockchain Caucus have already written a letter to all the members of the House of Representatives letting them know of the dire need to fix these crypto provisions once the bill hits the House. https://twitter.com/RepTomEmmer/status/1424845416697323522
- There’s a new CIP to create an off-chain metadata standard from Matthias Benkort, Michael Peyton Jones, and Polina Vinogradova. https://twitter.com/_KtorZ_/status/1425162918363111425 https://github.com/cardano-foundation/CIPs/pull/112
- The Biggest Lobster Trap Harvest ever!!! A hacker decided to harvest over $600 million from the Polynetwork Bridge. We learned this lesson in the 2016 DAO Hack, but it’s really time that people stop giving up custody of their coins. https://twitter.com/ksatyarth2/status/1425140128784084994
- Senator Shelby laughably tried to claim he actually supported the crypto amendment in a tweet. The derision from the crypto community flowed like water out of the Amazon. https://twitter.com/SenShelby/status/1425142857199980550
- IOHK’s “Essential Cardano” list of projects keeps growing! https://github.com/input-output-hk/essential-cardano/blob/main/essential-cardano-list.md
- dcSpark is hiring for a few non-programmer positions. https://twitter.com/dcspark_io/status/1425490454787739649
- We got some coverage in Forbes over the Alonzo date reveal. https://twitter.com/ForbesCrypto/status/1425409227594555393
- Over $1 million in NFTs has now been sold on cnft.io. https://twitter.com/CNFT_IO/status/1425550638507769859
- This graphic pretty much sums up all the Cardano criticism. https://twitter.com/SmaugPool/status/1425403742925565956
- Emurgo has published an article about the status of Yoroi as the Metamask of Cardano. https://emurgo.io/blog/yoroi-wallet-what-it-means-to-be-the-metamask-wallet-of-cardano
- We’ll get the August mid-Month Development Update today (Aug 13) and we’ll also find out the exact date for Alonzo! https://twitter.com/timbharrison/status/1425791321168568330
- Alonzo (smart contracts on mainnet) is scheduled for the 12th of September! https://twitter.com/InputOutputHK/status/1426182060683796483
- The Cardano Ecosystem Infographics are still getting bigger and bigger. https://twitter.com/Coin98Analytics/status/1426051817876586499
- The rankings looked a little different today! https://twitter.com/RichardMcCrackn/status/1426331710107619328
- An insane amount of native assets have been issued on Cardano already. https://twitter.com/matiwinnetou/status/1426692124448333826
- We may see treasury guidelines on the tax reporting provisions soon (as of Aug 14). https://www.bloomberg.com/news/articles/2021-08-13/treasury-seeks-to-quell-fears-crypto-tax-rules-are-overly-broad
- Senator Lummis is asking for requests if anyone wants to hear about what actually happened with the Senate mayhem. https://twitter.com/CynthiaMLummis/status/1426631432223481860
- The maximalists of other projects seem to be really loving us lately. https://twitter.com/Bquittem/status/1426639546616254469 https://twitter.com/novogratz/status/1426757593737879552 https://twitter.com/joebirks/status/1426920500249481220
- The Cardano Community breathes a collective sigh of relief that it doesn’t suffer from the incredibly high fees seen on Ethereum recently. https://twitter.com/RichardMcCrackn/status/1427006419463778307
- The Cardano treasury is getting unbelievably huge at almost $1 Billion! https://twitter.com/SebastienGllmt/status/1426789664338284546
- Looks like 40% of crypto holders in Singapore have Cardano according to the Gemini 2021 Crypto in Singapore report. https://www.gemini.com/state-of-sg-crypto
- The Wyoming Blockchain Stampede will be going on at the same time as the Cardano Summit and in the preceding days. If you’re going to Wyoming, you may consider attending both. https://twitter.com/CaitlinLong_/status/1427316556476866561
- Apparently a “huge increase in user base” is responsible for the Yoroi downtime. That doesn’t sound all bad! https://twitter.com/YoroiWallet/status/1427283658432417794
- The Plutus Mainnet Candidate has been released to the Node Team. https://twitter.com/InputOutputHK/status/1427359174220996612
- Weiss Crypto really loves the Cardano consensus protocol. https://twitter.com/WeissCrypto/status/1427646299936014337
- Applications are now open to be a local Cardano Meet-Up host for the Cardano Summit 2020. https://twitter.com/Cardano/status/1427309534226300928
- Anticipation for Cardano smart contracts keeps growing stronger as more and more ETH users are publicly venting frustration over fees and throwing their support behind Cardano. https://twitter.com/RandCorp_/status/1427473742742052865
- CNFT.io is back in action after a brief period of absence! https://twitter.com/CNFT_IO/status/142808300944668262
- The Djed Stablecoin paper and an explanatory article are now out. https://twitter.com/InputOutputHK/status/1427933093210607619
- In larger nation-state crypto adoption news (an area that is very relevant to Cardano), it looks like the Salvadorean Finance Minister is now saying that Bitcoin acceptance by merchants in El Salvador will actually be optional despite the language in the law. https://www.coindesk.com/el-salvador-bitcoin-not-mandatory-businesses
- Various rankings websites are called out for what seems to be an unbelievable number of errors that imply an anti-Cardano bias. https://twitter.com/TheADAApe/status/1428312666569904129
- Coinbase is going to invest $500M into crypto and 10% of all profit going forward (probably increasing with time) according to Brian Armstrong. Since Cardano is listed on Coinbase and it’s a good guess they will invest in the coins they list, this is probably very relevant for Cardano. https://twitter.com/brian_armstrong/status/1428489591665856512
- If Google translate is correct, it looks like Bitpoint (a Japanese exchange) will begin its listing of ADA on August 25th. https://www.bitpoint.co.jp/news/info/info-2021081801/
- It never ends. We are the Perma-Techno-Kings of the Github Commit! https://twitter.com/ProofofGitHub/status/1428748675032010758
- It’s looking like the Cardano Summit is going to be huge. https://twitter.com/I_Am_DTaylor/status/1428791321440002054
- The Essential Cardano List has grown even larger! https://github.com/input-output-hk/essential-cardano/blob/main/essential-cardano-list.md
- Cardano is still crushing everyone else in terms of dollars staked. https://twitter.com/CryptoDiffer/status/1428368524745973773
- The August Cardano 360 will be this Thursday August 26th. https://twitter.com/InputOutputHK/status/1428756331423571972
- There is now an Eastern Hemisphere Catalyst Town Hall every Thursday with Korean, Japanese, Vietnamese, and Indonesian language hosts. https://twitter.com/InputOutputHK/status/1428649776111886336
- We generally think of Cardano competitors being other blockchains or big tech. In one part of the world, the advent of CBDCs might make it “tokenless blockchains”. https://twitter.com/sinoglobalcap/status/1429430262102822920
- If Web 3 will really be a building of new economies out of online communities and the units of value of those economies will be tokens and NFTs, it seems like a blockchain like Cardano that can generate those assets natively without smart contracts is going to be a central player. https://twitter.com/cdixon/status/1429585831899983876
- The ADA treasury is worth $1.6 Billion right now?????? https://twitter.com/nierop_pieter/status/1429656224732225536
- There will be a crypto regulatory conference on the 23rd of September in Wyoming as part of the Wyohackathon just before the Cardano Summit. https://twitter.com/wyohackathon/status/1428718655362281479
- Neel Kashkari of the Fed posts an anti-crypto tweet and gets heavily outliked by more than one pro-crypto response including a retweet from Charles. https://twitter.com/neelkashkari/status/1429886278942736385 https://twitter.com/IOHK_Charles/status/1429947349103742978
- Forbes runs an article about how various cryptos including ADA could replace fiat according to a Deloitte survey of bank execs. https://www.forbes.com/sites/billybambrough/2021/08/23/bankers-issue-seismic-warning-bitcoin-ethereum-bnb-cardano-and-xrp-could-replace-the-dollar-in-just-five-years-as-crypto-market-price-adds-1-trillion/
- ADA is officially on Bitpoint Exchange in Japan! https://twitter.com/SebastienGllmt/status/1430317131699163140
- Charles gave us a brief update on Aug 24. Sounds like everything is right on schedule for smart contract launch on September 12. https://twitter.com/IOHK_Charles/status/1430230604071636994
- Messari is reporting that Cardano moved more transaction volume over the last 24 hours than ETH. The amazing part was how much cheaper those transactions were on Cardano. https://twitter.com/TheADAApe/status/1430128107332280321
- dcSpark is unveiling a sidechain project called Milkomeda that will use wrapped ADA and so-called “wrapped smart contracts”. The first sidechain, M1, will be an Ethereum Virtual Machine sidechain. This means Solidity devs can deploy their current smart contract code in M1 and those smart contracts will be accessible to Cardano users. This is “the pond”. This will be HUGE! Good work dcSpark! You guys are killing it! https://medium.com/dcspark/dcspark-announces-development-of-new-sidechain-protocol-milkomeda-cc28ed764a89
- IOHK partners with European Business University of Luxembourg to offer scholarships including instruction in Haskell and Plutus to students across 25 countries in Africa. https://iohk.io/en/blog/posts/2021/08/24/making-education-in-africa-more-accessible-affordable-and-equitable/
- It’s interesting to note that (as pointed out by @Rob98550139) on June 23rd, EBU of Luxembourg also offered 5,000 scholarship’s in “Plutus Blockchain programming for Cardano Blockchain” to Nayib Bukele for El Salvador. Something unannounced going on there? https://twitter.com/EBULuxembourg/status/1407594850199953410
- The August Cardano 360 is out! Another great job by Tim Harrison and company! https://youtu.be/baS9efSa2F8
- The Cardano Foundation is reporting they have now received 440 applications to host local Cardano Summit meetups and that applications are now closed. Registration for the local meetups will come out soon. https://twitter.com/CardanoStiftung/status/1430954186607415310
- The “Buy Cardano” keyword hits a three month high on Google. https://twitter.com/OldPaSink/status/1430946116359516160
- Cardano competitor Ethereum suffered a consensus bug today (Aug 27) that impacted 54% of nodes. Apparently they were able to upgrade the version of Geth being run by a majority of the pools in time to head off a majority supported fork to the bad chain. But, the go ethereum developer in the link described it as “a really close shave”. https://twitter.com/mhswende/status/1431259601530458112 https://twitter.com/TimBeiko/status/1431278258222338056
- IOHK has initiated the testnet fork (Aug 27)! https://twitter.com/InputOutputHK/status/1431286232278085634
- The “go/no-go” meeting was today (Aug 27) on initiating the Alonzo hardfork combinator event for the 12th. The result was a “go”! https://twitter.com/InputOutputHK/status/1431286232278085634
- Here’s a good side-by-side of the size of the ecosystem in the past and now. https://twitter.com/CardanoRise/status/1431703062486392837
- Fortune ran a very positive piece on Cardano today (Aug. 20). https://fortune.com/2021/08/20/cardano-ath-price-biggest-cryptos/
- It looks like the details of the extremely mysterious “Cardano City” project should come to light today. https://twitter.com/CardanoCity/status/1431338443381092355
- The Wall Street Journal runs a Cardano article. https://www.wsj.com/articles/cardanos-ada-is-the-latest-cryptocurrency-to-surge-heres-what-you-need-to-know-11630143002
- The COTI/Wolfram/IOHK project to build an NFT Auction Site is now live. https://twitter.com/COTInetwork/status/1431971503093002243
- CNBC runs an article on the effect the grassroots effort to the fix the crypto tax provisions has had on policy makers in Washington, D.C. These policies will affect Cardano and every other crypto. https://www.cnbc.com/2021/08/28/tax-reporting-proposal-creates-defining-moment-for-crypto-industry-.html
- Beware of FlanoWallet and Flano Swap!!!!!!!! They are accused of malicious code that harvests your recovery phrase. https://twitter.com/bigpeyYT/status/1432450913487183874
- Sebastien confirms that dcSpark is getting a ton of interest from developers wanting to work in Cardano. https://twitter.com/SebastienGllmt/status/1432416579107495942
- Charles talks about Cardano compliance functionality and confirms that he perceives heavy regulation coming for DeFi in the next 24 months based on EU and US Treasury comments. https://www.youtube.com/watch?v=3ESn46Hj9Y4
- A new John O’Connor interview is scheduled for today (Aug 31). You may want to tune in to get the latest on Cardano’s Africa Operations from the man himself. https://twitter.com/jjtoconnor/status/1432395067185106951
- The Public Testnet will be forked to Alonzo today (Sept 1)! https://twitter.com/InputOutputHK/status/1432769865958531080
- Some future Cardano dApps have so many followers on twitter that ETH maximalists are publicly expressing their disbelief. https://twitter.com/Southrye/status/1432515727433601024
- Even prior to the launch of smart contracts, Cardano is generating quite an impressive amount of transaction fees. https://twitter.com/DCdoso/status/1432761425089470469
- The Cardano Testnet has now officially forked to Alonzo allowing Plutus smart contracts. We are on track for the mainnet hardfork combinator event on Sept 12th. https://twitter.com/InputOutputHK/status/1433166757620064260
- IOHK is changing their delegation process. They will be taking applications from SPOs and asking that they recommend two other pools based on contributions in terms of building, creating, or educating. https://twitter.com/InputOutputHK/status/1433104060647985157
- Another signpost for Cardano DeFi projects. Gary Gensler (SEC Head) tells the Financial Times that in his view DeFi platforms have “a fair amount of centralisation” and “[i]t’s a misnomer to say they are just software they put out in the web...” https://www.ft.com/content/fb126d79-2e60-4002-8aba-b08887fca609
- Cardano gets positive coverage on French Television for being “ecological”. https://twitter.com/YoadaStakepool/status/1433127940334792708
- Charles is on CNBC talking about how crypto could be used to resist the Taliban in Afghanistan. https://www.cnbc.com/video/2021/09/01/cryptos-will-play-larger-role-in-afghanistan-after-us-exit-ethereum.html
- The first solution for custom Cardano wallet addresses seems to be picking up steam. https://twitter.com/adahandle
- One of Cardano’s competitors continued to have additional “performance degradation” and “instability” issues on it’s mainnet today (Sept 2). https://twitter.com/SolanaStatus/status/1433438629020454917 https://twitter.com/SolanaStatus/status/1433429598230876173 https://twitter.com/SolanaStatus/status/1367189272797798404
- The SEC is investigating Uniswap. This is a very big deal! https://www.wsj.com/articles/regulators-investigate-crypto-exchange-developer-uniswap-labs-11630666800
- Another Japanese exchange appears to be adding ADA on the 7th. https://twitter.com/sentosumosaba/status/1433714023468437508
- We are always the github champions (again as of Sept 3). https://twitter.com/ProofofGitHub/status/1433822104634408966
- Yet another Cardano project drops their account of how they’ve already handled concurrency. https://twitter.com/SundaeSwap/status/1434304535061729281
- Here are two other Cardano projects explaining that they’ve already handled concurrency. https://cointelegraph.com/press-releases/cardano-decentralized-exchange-occamx-reaches-key-technical-milestone https://twitter.com/CardanoMaladex/status/1434115402725052418
- Only one more week until smart contracts on mainnet (as of Aug 5)! Get your whiskey ready!
- IOHK releases a detailed thread on concurrency and upcoming documentation to help quell some of the misinformation currently circulating on this topic. https://twitter.com/InputOutputHK/status/1434518391465943048
- Only 5 more days to Alonzo (as of Sept. 7)!
- Despite all the negative posting about Cardano smart contracts on eUTxO, it ironically looks like some in the ETH community are actually trying to build ETH L2 on UTXO. https://twitter.com/matiwinnetou/status/1434570158853529606
- Here’s a great article on Cardano’s Determinism by IOG’s Polina Vinogradova. https://iohk.io/en/blog/posts/2021/09/06/no-surprises-transaction-validation-on-cardano/
- World Mobile has released a new video of towers going up in Zanzibar! https://www.youtube.com/watch?v=uoGx_hwupsc
- Charles releases a new video on the Alonzo Update Proposal (on Aug. 7) being submitted so that we can go live on the 12th. He also gives some hints as to his thoughts on the short-term planning of some “flavor of the week” blockchains vs. the long term planning of Cardano. https://www.youtube.com/watch?v=vhujKbMpTEA
- Weiss Crypto lays down yet another very positive thread about Cardano. They acknowledge that they can’t see the future of Cardano, but they vehemently reject a lot of the anti-hype. https://twitter.com/WeissCrypto/status/1435261343456768005
- Coinbase reveals they received a Wells Notice from the SEC on their crypto loan product. This is relevant for Cardano loan projects. A low professor subsequently posted a takedown of the Coinbase Chief Legal Officer’s view on the SEC notice. https://twitter.com/brian_armstrong/status/1435439291715358721 https://twitter.com/AdamLevitin/status/1435650584271589376
- We just saw a record number of daily transactions on Cardano (Sept 7)! https://twitter.com/matiwinnetou/status/1435559731133825031
- Messari has updated its “Initial Token Distribution” chart to include a previously missing project and Cardano is still among the very best in the Gen 3 space in terms of broad public coin ownership. https://twitter.com/CryptoIRELAND1/status/1435708439951552513
- After lots of criticism of Cardano layer 2 possibilities by ETH maximalists, Vitalik has ironically announced that ETH NFTs need to be moved to layer 2. https://twitter.com/VitalikButerin/status/1435413681588736007
- We seem to already have at least five projects who have worked out their approach to eUTxO concurrency. https://twitter.com/SmaugPool/status/1435928968423673859 https://www.yahoo.com/now/cardano-decentralized-exchange-occamx-reaches-163000898.html
- Only two more days until Alonzo! Get the whiskey ready ladies and gentlemen!
- Here’s the tweet with the link for the Alonzo smart contract launch watch party tomorrow (Sept 12) at 21:30 UTC. This is going to be fun! Enjoy it, guys! https://twitter.com/InputOutputHK/status/1436325831199141888
- A Weiss Crypto analyst calls the smart contract launch an alleged event and also doesn’t realize we already have NFTS. The Cardano community was quick to correct the analyst. Weiss was then also quick to apologize. https://twitter.com/WeissCrypto/status/1436369016545857566 https://twitter.com/WeissCrypto/status/1436402039085576193
- Even before having smart contracts, Cardano transaction volumes are looking fantastic! https://messari.io/screener/most-active-chains-DB01F96B https://twitter.com/Cardanians_io/status/1436238379037962248
- Today is Alonzo smart contract launch day (Sept 12). Here’s the link to the IOHK watch party at 21:30 UTC! https://twitter.com/InputOutputHK/status/1436325831199141888
- Now is a great time to get one last look at Cardano’s pre-smart contract numbers via Cardano Blockchain Insights. https://datastudio.google.com/s/iNMezSBM_CU
- There is still the mystery of the lobster. Will it end up being connected to a fun smart contract to be launched tomorrow by IOHK? https://twitter.com/crypto_reflect/status/1435738017608740866
- Over 100 smart contracts are already running on Cardano Mainnet! https://twitter.com/IOHKMedia/status/1437821632307994628
- One of Cardano’s biggest competitors is once again suffering network problems. This time it started out as just being characterized as (more) “instability”, then they started saying that something had caused the blockchain to “start forking”. This followed their September 2 “instability” and “performance degradation” event. It’ll be interesting to see how well their community tolerates this in the future if it’s happening with their planned slashing model in effect. https://twitter.com/SolanaStatus/status/1437856638279487493 https://twitter.com/SolanaStatus/status/1437757547235131396 https://twitter.com/SolanaStatus/status/1433429598230876173
- The Cardano Foundation subtly hints (okay just straight up says) it has some mindblowing partnerships to announce at the Cardano Summit. https://twitter.com/SidneyVollmer/status/1437855888237338627
- Gary Gensler says that there are probably many tokens traded on Coinbase that are securities. https://youtu.be/XLc4c7vL3rM
~Army of Spies
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