Monday, January 10, 2022

Cardano Rumor Rundown January 10, 2022

Hey Everyone!

Let's go...

Newly covered today:

  1. Upon his return from CES in Las Vegas Charles did a late night twitter space for 3+ hours. https://twitter.com/seal_kiman/status/1480291288171921415
  2. Legacy institutions are even realizing that ETH is going to lose market share due to its lack of ability to scale. https://twitter.com/GhostchainClub/status/1480143844649979905 https://news.bitcoin.com/jpmorgan-report-states-ethereum-might-lose-defi-dominance-due-to-scaling-issues/
  3. SundaeSwap is trying to prepare us for congestion at launch. https://sundaeswap-finance.medium.com/expectations-congestion-mainnet-launch-e9da5abfd819

Previously Covered but still interesting:

  1. Cardano increased it’s blocksize and Plutus Script Memory yesterday (12.1.21)! https://twitter.com/InputOutputHK/status/1466086538207547393
  2. Looks like more theft in ETH DeFi (“Robbery Forest”). Reports coming in that Badger DAO has lost $120MM. https://www.coindesk.com/business/2021/12/02/badger-dao-protocol-suffers-10m-exploit/
  3. Liqwid has announced that they are integrating Chainlink price feeds. https://twitter.com/liqwidfinance/status/1466404699284938756
  4. IOHK drops a new video with Pi Lanningham of SundaeSwap regarding the tools that SundaeSwap has open sourced as part of its approach to launch. https://twitter.com/InputOutputHK/status/1466480233004113926
  5. Cardano has reached one million wallets staked. https://twitter.com/IOHK_Charles/status/1467351929047044096
  6. Cardano still remains secure. Meanwhile a gigantic bug in Solana that could have been exploited for six months was reported. https://www.theblockcrypto.com/post/126318/solana-library-bug-could-have-seen-attackers-stealing-27-million-an-hour
  7. Robbery Forest can’t seem to go a day without doing its thing. This time it was apparently $150 million. https://twitter.com/sheldonbitmart/status/14673162528552263
  8. SundaeSwap went live on testnet with a faucet for free testnet ADA and various ice cream flavored free testnet tokens. All compatible with Nami. https://twitter.com/SundaeSwap/status/1467795614633185280
  9. ADA Handles were a surprise integration into the SundaeSwap Testnet! https://twitter.com/adahandle/status/1467907015972323328
  10. The testnet proved valuable quickly as some improvements were identified with the scooper and they were taken offline to make those changes. https://twitter.com/SundaeSwap/status/1467897465768665090
  11. Here is a beautiful illustration of massive concurrency in action on Cardano’s testnet! https://twitter.com/ProfSmith9000/status/1467978254912946184/photo/1
  12. Charles dropped a new AMA! https://youtu.be/Jex6wItSvzE
  13. In macro news that could affect all of crypto including Cardano, it looks like Evergrande (one of the largest real estate developers in the world) has finally formally defaulted on its debt obligations. While Evergrand has been stumbling for a long time, this event could mark the beginning of a new phase in global economics. https://www.nytimes.com/2021/12/07/business/china-evergrande-kaisa-property.html https://www.cnbc.com/2021/12/07/evergrande-set-for-restructuring-with-no-word-on-first-formal-default.html
  14. You can now use the Cardano ERC-20 Converter live on testnet with AGIX. https://twitter.com/InputOutputHK/status/1468308091217362947
  15. The Cardano Foundation dropped a fireside chat! https://youtu.be/TVWwnBpAbqE
  16. P2P is now live on the Cardano testnet! This is a busy week for new products launching on testnet! https://twitter.com/InputOutputHK/status/1468592725532553226
  17. The heads of Circle, FTX, Bitfury, Paxos, Stellar Development Foundation, and Coinbase appeared before the House Financial Services Committee. As expected, the questions from some of the House Committee members belied a misplaced focus on things like terrorist financing while others understood the need to regulate crypto appropriately so that crypto innovation is not forced offshore. There was significant focus on stablecoins due to the President’s Working Group placing so much focus there. One representative also chose to focus heavily on the energy consumption of Bitcoin mentioning coal power plants coming back on line to fuel Bitcoin mining. The witnesses from the crypto industry seemed to focus on dispelling misconceptions and also pushing for a single crypto focused regulatory body as opposed to the fragmented regulation that is typical in Washington. https://youtu.be/ohp-Trq4HU4
  18. Rick McCracken makes a great point about Cardano Stake pools losing $0 of delegator money in 2021 while ETH stakepools have apparently lost at least $163 Million. https://twitter.com/RichardMcCrackn/status/1468819811014610945
  19. There was an AMA about AVOUM on the IOHK discord on 12/09/21. AVOUM would allow for account balance type smart contracts (e.g. as in ETH) on top of the Cardano Blockchain. https://twitter.com/MutualKnowledge/status/1468711769069789196
  20. It appears that the number of Plutus scripts running on the Cardano blockchain has more than doubled in the last month. https://twitter.com/CardanoStiftung/status/1468645270221033475/photo/1
  21. Unbelievably, we’re seeing reports that Solana “crashed” again. Another report is chalking it up to a DDOS attack. Apparently, even after block creation was restarted, token distribution was still “halted”. https://twitter.com/murphsicles/status/1468998047879340041 https://twitter.com/Blockassetco/status/1468955731957202954
  22. Fitch calls it official with Evergrande defaulting on $1.2 Billion in foreign debt and Kaisa defaulting on another $400 Million. https://www.cbsnews.com/news/evergrande-stock-china-default-bonds-fitch-chinese-market-intervention/
  23. MLabs has released The Plutonomicon a developer driven guide to Plutus. https://twitter.com/MLabs10/status/1469218960856199173
  24. In Macro news that could affect Cardano, the Fed is expected to discuss quicker tapering and rate hikes at their Dec. 14 & 15 meeting. https://www.cnbc.com/2021/12/10/fed-is-expected-to-speed-up-end-of-bond-buying-and-signal-interest-rate-hikes-are-coming.html
  25. SundaeSwap releases the TasteTest model for decentralized price setting of tokens prior to launch. Very interesting! https://sundaeswap-finance.medium.com/sundaeswap-presents-the-taste-test-a5b125ee2645
  26. Liqwid and ADA Handle announce a partnership. https://twitter.com/liqwidfinance/status/1470472391000219656
  27. Reports of Solana outages are becoming so frequent now that it’s almost losing it’s newsworthiness (Dec. 13). https://twitter.com/Dogetoshi/status/1470421047518375938
  28. Dewayne Cameron asks some important questions about the impact of EVM sidechains on the Cardano Ecosystem and gets some interesting reponses. https://twitter.com/DCdoso/status/1470429874078822409
  29. IOHK posts a video clip around anti-fragility in our ecosystem. https://twitter.com/InputOutputHK/status/1470483828540125190
  30. Pavia is testing inter-parcel messaging. https://twitter.com/Pavia_io/status/1470768849406595072
  31. Good reports are coming out from the SPOs who attended the SundaeSwap Scoopers meeting. https://twitter.com/conraddit/status/1470834006602223619
  32. There is now a smart contract option available from cnft.io so that you can now buy NFTs on their marketplace with any wallet. https://twitter.com/CNFT_IO/status/1470752923890204672
  33. The growth of the Cardano ecosystem seems to be unstoppable! The ecosystem map continues getting huge. https://www.cardanocube.io/cardano-ecosystem-interactive-map
  34. There is now a wrapped BTC on Cardano project. https://twitter.com/anetaBTC
  35. Vacuum Labs has a new joint cardano/solana wallet called NuFi. https://twitter.com/NuFi_Official/status/1471162153109442570
  36. Artifct App is bringing a Moon Metaverse to Cardano with parcels on the near and far side of the moon. They are reporting they used real data from the surface of the moon to render height maps of the actual lunar surface. https://twitter.com/ArtifctApp/status/1471014415495483397
  37. Apparently, Vacuum Labs has been busy. They are also dropping a new Dex! https://twitter.com/wingriderscom/status/1471034657437270017
  38. Pavia has revealed the “final sections” of the map! https://twitter.com/Pavia_io/status/1471222560075431939/photo/1
  39. In macro news that could affect Cardano and all of crypto, the dot plot from the Dec. 14-15 FOMC meeting has been released. https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20211215.pdf
  40. Check out this crazy photo from a World Mobile aerostat looking like it’s at the edge of sky and space. https://twitter.com/MrTelecoms/status/1471035509929566210
  41. Another Cardano based metaverse has sold out it’s initial landsale. This one is called Ada Realm! https://twitter.com/AdaRealm/status/1471477413611716611
  42. Looks like the Cardano Mid-month update is finished and will be released Dec. 17 in the evening UTC. https://twitter.com/timbharrison/status/1471504180913180675
  43. The Cardano community learns that an employee at Messari has reported holding ADA and #westandwithGarrick is born. https://twitter.com/CardanoDean/status/1471200564197396488
  44. IOG is promoting use of the #buildingoncardano hashtag as a means to keep track of all the Cardano projects. https://twitter.com/InputOutputHK/status/1471554965848084490
  45. Komodo has joined the UTxO alliance along with Cardano (& IOG), Ergo, Nexos, & Topl. https://twitter.com/KomodoPlatform/status/1471445153940480003
  46. The Cardano community takes a moment to realize that beach front villas can be had for ADA in Phuket. https://twitter.com/BreakingADA/status/1471485197572968448
  47. Pavia has given us a partial reveal of their team. https://www.pavia.io/team.html
  48. The Cardano 360 December mid-Month update gave us some good progress reports on dApp development. https://youtu.be/_JNK4eDZFMA
  49. The ADA Handle beta launch completed with 15,000 human readable addresses minted on the Cardano blockchain. https://adahandle.com/
  50. There’s a new community built tool for analyzing the Ada Realms metaverse. https://jurgel.github.io/adarealm-market-map/
  51. Cardano’s biggest metaverse is already more…uh…decentralized than Decentraland. https://twitter.com/PavianoGroup/status/1472879929230602247
  52. We got another PAB Pre-Release (Dec. 20)! https://github.com/input-output-hk/plutus-apps/releases/tag/v2021-12-20
  53. There are now automated seller ratings on cnft.io. This means you can tell which sellers habitually fail to send the asset after a sale. https://twitter.com/StaleDev/status/1472995940478996483
  54. The end of year Cardano 360 will be going down on 12.30.21! https://twitter.com/InputOutputHK/status/1473707429875654666
  55. A two-day countdown is underway for ADAX Pro. Is it a testnet launch? Mainnet? Reports are that it’s a testnet. No one seems to know much. But it looks like we are getting some kind of holiday surprise. Cardano DeFi is heating up! Soon we’ll be at full boil! https://twitter.com/adax_pro/status/1473356712232951815
  56. Very positive coverage from Forbes including a Cardano tracking page! https://twitter.com/ForbesCrypto/status/1473747419200376840
  57. The Cardano Foundation shares its 2021 highlights. https://cardanofoundation.org/en/news/2021-a-year-of-incredible-growth/
  58. Here’s a great new interview with Micky Watkins of World Mobile and Bullish Dumpling! youtu.be/Cc1GLNy9508
  59. The end of year Cardano 360 will be going down on 12.30.21! https://twitter.com/InputOutputHK/status/1473707429875654666
  60. A two-day countdown is underway for ADAX Pro. Is it a testnet launch? Mainnet? Reports are that it’s a testnet. No one seems to know much. But it looks like we are getting some kind of holiday surprise. Cardano DeFi is heating up! Soon we’ll be at full boil! https://twitter.com/adax_pro/status/1473356712232951815
  61. Very positive coverage from Forbes including a Cardano tracking page! https://twitter.com/ForbesCrypto/status/1473747419200376840
  62. The Cardano Foundation shares its 2021 highlights. https://cardanofoundation.org/en/news/2021-a-year-of-incredible-growth/
  63. Here’s a great new interview with Micky Watkins of World Mobile and Bullish Dumpling! youtu.be/Cc1GLNy9508
  64. Cardano is still destroying competitors in terms of number of validators. https://twitter.com/Cardians_/status/1474024685582962693
  65. Tech giants are making posts on social media to highlight the role of venture capital and institutional money in the ecosystem of Cardano’s largest competitor. https://twitter.com/jack/status/1473887809211711491
  66. Here’s a great video explaining how World Mobile utilizes the Cardano blockchain. https://twitter.com/WorldMobileTeam/status/1473936758811340801
  67. Cardano’s biggest metaverse now has over 8,000 wallet holders. https://twitter.com/Pavia_io/status/1473983061155094533
  68. In case you missed it, here was Charles Xmas eve video. https://youtu.be/g94qwKpCvO0
  69. Charles dropped a video today (Dec 27) on dApps & the CDA. https://youtu.be/lR2Ljy1CPTI
  70. A partnership between World Mobil and Adax has been announced. https://twitter.com/wmtoken/status/1475466699919044609
  71. The end of year Cardano 360 will be this Thursday (Dec. 30). https://twitter.com/InputOutputHK/status/1474077491019104261
  72. The SundaeSwap audit by Runtime Verification has been completed! https://twitter.com/SundaeSwap/status/1475874695383764995 https://sundaeswap-finance.medium.com/runtime-verification-completes-audit-of-sundaeswap-contracts-e4e663cd791e
  73. Emurgo now has an NFT marketplace called Fiborite! https://twitter.com/emurgo_io/status/1475946176759357458
  74. COTI has announced a Djed x ErgoDex partnership. https://twitter.com/COTInetwork/status/1475830866492461058
  75. The Yoroi dApp connector is now available on Yoroi nightly. https://twitter.com/YoroiWallet/status/1472795127735324676
  76. There is interesting discussion happening on how custody will actually work with the Liqwid protocol. https://twitter.com/AmbivalentMr/status/1476203841670553604
  77. Cardano blockchain insights will soon have count of payments tracking that will be more directly comparable to transaction count in account-balance style blockchains. https://twitter.com/matiwinnetou/status/1476207098929336321
  78. DripDropz has dropped (no pun intended) a new video on how to withdraw your tokens (starting on Jan. 1) along with a few medium articles explaining what they are all about. https://youtu.be/J-QzYEW6ihs https://dripdropz.medium.com/drip-tokenomics-87c4ad099232
  79. The 2021 Wrap Up Cardano 360 is now available. https://youtu.be/mhfxSWrTrtI
  80. Artifct drops a full motion rendering of what walking around on your moon plot might be like. https://twitter.com/ArtifctApp/status/1476654582423961619
  81. The Parade of Defectors has begun. Amazingly, it’s starting with CoinDesk. https://www.coindesk.com/learn/cardano-vs-ethereum-can-ada-solve-ethers-problems/
  82. DeFi Llama is now tracking Cardano and also MuesliSwap. https://twitter.com/DefiLlama/status/1477335610805342213 https://twitter.com/DefiLlama/status/1477725343549120513
  83. It looks like fractional NFT trading may be a thing sooner than we think! https://twitter.com/blueshrmpCO/status/1477744172450795520
  84. Cardano will soon have over one dozen NFT markets. https://twitter.com/matiwinnetou/status/1477743975201222656
  85. Charles dropped a giant whiteboard video on dApp Development. https://youtu.be/Yt4Sg6rs80Q
  86. Reports came out that the Tiny Man platform on Algorand and the Polygon platform on ETH have both been hacked (Jan 2, 2022). https://twitter.com/Degen_DeFi_/status/1477648321913049088
  87. Ardana Community Call #17 contained some great explanatory discussion of why DeFi projects will benefit from Cardano Improvement Proposals 31,32, & 33. https://twitter.com/i/spaces/1BdGYwDXMzyxX
  88. Now even Cointelegraph is joining in on the positive Cardano coverage. https://cointelegraph.com/news/cardano-became-the-most-developed-crypto-on-github-in-2021-santiment
  89. Pavia is teasing some big things in Q1. Hopefully those items will be revealed soon. https://twitter.com/Pavia_io/status/1478050885754408965
  90. Reports say Solana went down again for several hours on January 4th, 2022. Maybe this is a strategy to normalize the idea of “decentralized blockchains” that can be turned on and off at will. https://twitter.com/ChainNewsBTC1/status/1478467293478895620
  91. Samsung announces that it will use Veritree (which runs on Cardano) to plant two million mangrove trees in 2022. https://thenewscrypto.com/samsung-to-plant-2m-trees-with-blockchain-technology/
  92. More proof that not all stablecoins are built the same. Tether decides to freeze over one million USDT held by a single account and is cited as saying they regularly work with law enforcement and regulators. https://www.theblockcrypto.com/post/129133/tether-freezes-over-1-million-usdt-single-address
  93. Now even Cointelegraph is joining in on the positive Cardano coverage. https://cointelegraph.com/news/cardano-became-the-most-developed-crypto-on-github-in-2021-santiment
  94. Vitalik says they are 50% of the way to ETH 2.0 100% optimization. https://cointelegraph.com/news/we-are-50-of-the-way-there-says-vitalik-on-ethereum-s-development
  95. Liqwid Community Call #4 happened on Jan 5, 2022. It sounds like Liqwid is taking a very different approach from Ardana and will not be waiting for any hardforks that might incorporate CIPs like 31, 32, & 33. https://twitter.com/liqwidfinance/status/1478446489202536448
  96. The December ‘21 FOMC Meeting Minutes were released and spooked all the markets including crypto and Cardano. https://www.federalreserve.gov/monetarypolicy/files/fomcminutes20211215.pdf
  97. Ledger currently has a Catalyst Fund 7 proposal for $75k for Ledger Live integration. https://cardano.ideascale.com/a/dtd/Ledger-Live-Integration/384961-48088
  98. Cardano & Samsung rumors fly after the Veritree announcement, a seemingly cozy exchange between Charles and Samsung USA on Twitter, and a shaved headed Charles visiting the Samsung booth. https://twitter.com/IOHK_Charles/status/1478860226098962434 https://twitter.com/IOHK_Charles/status/1479218958917988352/photo/1
  99. It’ll be interesting to see what collabs can produce for the Cardano metaverse space. Apparently, Ada Realm & Pandaverse are in collaboration talks. Pandaverse had previously announced some type of collaboration with Cardano Village. https://twitter.com/AdaRealm/status/1479232376354000898 https://twitter.com/PandaBandaCNFT/status/1479220744030756869

~Army of Spies


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