Friday, May 20, 2022

Cardano Rumor Rundown May 20, 2022

Hey Everyone!

Let's go...

Newly covered today:

  1. The US Fifth Circuit has released a decision against SEC use of administrative law judges in cases where it sees a right to jury trial for parties. https://twitter.com/prof_jpc/status/1527003339644362756
  2. Cardano is going to have a good contingent at Consensys with over 500 people signed up for the Cardano party. https://twitter.com/Cardano/status/1527000670078902272
  3. We now have some info on the Cornucopias virtual lands that will go on sale. https://medium.com/copiwatch/a-glimpse-of-virtual-land-in-cornucopias-cardano-metaverse-42d19663755c
  4. Here’s a nice 43 second explainer video on World Mobile Air Nodes. https://twitter.com/WorldMobileTeam/status/1526940098591326208

Previously Covered but still interesting:

  1. IOHK wants your input on what should be included in Cardano 360. https://twitter.com/InputOutputHK/status/1513914342642790405
  2. It looks like the Chrome Web Store approval of the new version of the Eternl Wallet has fixed the Ledger compatibility issue that recently cropped up. https://twitter.com/eternlwallet/status/1513789563755503619
  3. Mainstream media is really pulling out all the stops, now labeling crypto people as study-proven “psychopaths”. https://nypost.com/2022/04/12/bitcoin-fans-are-psychopaths-who-dont-care-about-anyone-study-shows/
  4. It turns out that Pavia land parcel ownership is pretty decentralized. https://twitter.com/Pavia_io/status/1514183930605408266
  5. The ETH Merge to proof-of-stake is delayed again! No firm date has been established. https://twitter.com/TimBeiko/status/1514010098145759232
  6. BlackRock will be the primary asset manager of USDC reserves. It looks like the institutions are fully here in crypto. https://www.coindesk.com/business/2022/04/12/usdc-issuer-circle-raises-400m/
  7. Here’s a very good article from IOHK explaining reference inputs and reference scripts that will be implemented at the Vasil hardfork combinator event in June 2022. https://iohk.io/en/blog/posts/2022/04/13/boosting-cardano-s-throughput-with-script-referencing/
  8. Here’s a great thread on what happens when you have one-way public pressure on a liquidity pool where one of the assets is an otherwise unavailable wrapped stablecoin. https://twitter.com/Doctor__A__/status/1514230061859319815
  9. People are sounding the alarm about two new projects that have launched on Milkomeda. https://twitter.com/NicoArqueros/status/1514603103860903939
  10. The Vasil Hardfork Combinator event is scheduled for June 29th and is on track. https://twitter.com/InputOutputHK/status/1514637134040346628
  11. The April Mid-Month Update is out and available! https://www.youtube.com/watch?v=B0tojqvMgB0
  12. Alessandro (of SpaceBudz, Berry, & Nami) releases Lucid, a Javascript framework to handle Plutus off-chain code. https://twitter.com/berry_ales/status/1514728197438545937
  13. Charles offers to help Elon Musk build a decentralized twitter if Elon’s offer to acquire the company and take it private is not successful. https://twitter.com/IOHK_Charles/status/1514707087128997890
  14. Robbery Forest Heist Alert: Reports coming in that BeanStalk Farms stablecoin protocol was exploited for something like $80 Million. https://twitter.com/BeanstalkFarms/status/1515700678454390785 https://twitter.com/WatcherGuru/status/1515689590841040899 https://twitter.com/Rightsideonly/status/1515692515286224902
  15. The word “Solunavax” is now in Urban Dictionary. https://www.urbandictionary.com/define.php?term=solunavax
  16. Our community is so strong, not even Mt. Everest is safe from our reach. https://twitter.com/ArthurPrestidge/status/1515317980942405632
  17. The robbers in the Robbery Forest have names. The FBI says North Korea’s Lazarus Group & APT38 hacker teams are behind the Axie Infinity theft. https://gizmodo.com/fbi-says-north-korea-behind-biggest-crypto-theft-in-his-1848797691
  18. Very harsh technical and other criticism incoming for Cardano competitor Solana. https://twitter.com/Justin_Bons/status/1514646388688232456
  19. Looks like info might come this week about the Cardano Summit NFTs? https://twitter.com/IOHK_Josh/status/1515462695537246208
  20. Take note if using an EVM sidechain of Cardano: report of a crazy Metamask vulnerability if you enable iCloud backup of app data on an Apple product. https://twitter.com/Serpent/status/1515545812423839745
  21. The wider crypto space is learning that Cardano added 100k wallets in the last month. https://twitter.com/WatcherGuru/status/1516095660424155137
  22. The AGIX ERC-20 converter is now live! https://twitter.com/singularity_net/status/1516069469591908361
  23. Singularity.net is building a metaverse virtual world (Sophiaverse.ai) where AI characters embodied in humanoid avatars will interact with, teach, and learn from players. This could end up being wildly interesting. https://www.sophiaverse.ai/ https://www.youtube.com/watch?v=Kjh-MXd4xnw
  24. Paribus announces it will build an HQ in Pavia. https://twitter.com/paribus_io/status/1512443022801346583
  25. Apparently Indigo Step #3 will close out on Apr 19, 2022. https://twitter.com/Indigo_protocol/status/1516072942395928579
  26. MuesliSwap Mainnet v.2 is here! Now with partial order matching! https://medium.com/@muesliswap/introducing-muesliswap-v2-the-next-generation-of-cardanos-most-popular-orderbook-dex-6b1fc6af64b1
  27. Cardano Ledger App…now with smart contract compatibility. https://twitter.com/Ledger_Support/status/1518927545751773184
  28. The dominos are starting to fall. Now the Central African Republic is adopting crypto as legal tender. https://news.yahoo.com/central-african-republic-adopts-bitcoin-104407031.html
  29. Binance has recovered a tiny portion of the 600 million USD stolen from the Axie Infinity Ronin Bridge. https://cointelegraph.com/news/binance-recovers-5-8m-in-funds-connected-to-ronin-bridge-exploit
  30. Artifct has released info on its Moon metaverse project. https://artifct.app/docs/MoonFlightPlan.pdf
  31. Great thread on the trilogues for the new EU crypto AML rules. https://twitter.com/paddi_hansen/status/1519609822823403521
  32. The Cardano Summit NFTs are finally here (as of Apr 25 2022). https://blog.terravirtua.io/partnership-news/your-guide-to-cardano-summit-nfts/
  33. The April Cardano 360 is ready and waiting for you. https://www.youtube.com/watch?v=b4x5OIy4shU
  34. The biggest NFT collection in the world wants to migrate away from ETH after its metaverse land mint cost $177 million in gas fees. https://twitter.com/yugalabs/status/1520612362986078208
  35. Shocker! Solana is once again “halted”. https://twitter.com/SolanaStatus/status/1520508697100926977
  36. The latest Pavia developer update is out. The builder tool is in development and set for Q2 release. Lots of features and updates revealed including chat features. https://www.youtube.com/watch?v=whnKHNq7f5A
  37. There is a new CopiCafe episode from Cornucopias available. Three will be five parcel sizes. The smallest will be roughly the size of an NBA basketball court (16m x24m). https://www.youtube.com/watch?v=HVnzb8IT3lk
  38. ADA Realm has released a mockup of their avatar and parcel editor. https://twitter.com/AdaRealm/status/1520493365216919553
  39. JPG Store’s new smart contract is open source. They’re offering a $50k bug bounty. https://twitter.com/jpgstoreNFT/status/1520835206659289089
  40. The wider crypto space just noticed that Cardano has done over 100k transactions per day for half a month. https://twitter.com/WatcherGuru/status/1521071194786705408
  41. We are very early in Cardano. The CEO & Founder of eToro just talked to Charles in person and then tweeted with excitement about a few things including NFTs “coming” to Cardano. https://twitter.com/yoniassia/status/1520954005521715207
  42. Genius Yield has revealed their public sale model. https://twitter.com/GeniusyieldO/status/1521215710923563009
  43. Charles offers up digital identity (DID) to Elon Musk as a solution he needs for Twitter. https://twitter.com/IOHK_Charles/status/1521152995756363776
  44. The Clay Nation metaverse (“Clayverse”) map has been revealed. https://www.claynation.io/clayverse
  45. EU Commissioner Mairead McGuinness calls for a joint EU-US led international approach to crypto regulation. https://watcher.guru/news/eu-commissioner-is-calling-for-global-regulators-to-create-a-unified-crypto-regulation
  46. The Liqwid AquaFarmers NFT whitelist is now public and ready for you to check your wallet. Use your stake key (instructions in the thread to find your stake key if you don’t know how). https://twitter.com/liqwidfinance/status/1521166352559583237
  47. MuesliSwap has gone live with wrapped Bitcoin. https://twitter.com/MuesliSwapTeam/status/1521590290859151360
  48. Charles had a great spot on Fox Business. https://twitter.com/IOHK_Charles/status/1521739002214199296
  49. Djed is now live on testnet. https://medium.com/cotinetwork/djed-public-testnet-is-live-b0b0b13552e0 https://twitter.com/COTInetwork/status/1521804376725233664
  50. The SEC is nearly doubling the number of attorneys it has on crypto enforcement. https://www.cnbc.com/2022/05/03/sec-adds-to-cryptocurrency-regulation-staff.html
  51. May 4th was the birthday of Hal Finney who may have been Satoshi.I will try to remember to pour out a little whiskey for him each year until we can bring him back via his cryopreserved remains so that he can reclaim his bitcoin hoard. https://en.wikipedia.org/wiki/Hal_Finney_(computer_scientist)) https://twitter.com/pete_rizzo_/status/1521791809713754113
  52. The Federal Reserve has elevated the interest rate by 50 basis points. This half percentage point increase is the largest hike in 22 years (since May 2000) https://www.nytimes.com/2022/05/04/business/economy/fed-rate-decision-inflation.html
  53. The Cornucopias land sale will involve a tiered whitelist with tiers for Discord membership and NFT holdings. NFT holders will need to verify their ownership according to the directions provided. https://twitter.com/CornucopiasGame/status/1521916326465392641
  54. Pavia will be airdropping PAVs soon and they’ve provided a small FAQ. https://twitter.com/Pavia_io/status/1521851228531134467 https://twitter.com/PaviaRoss/status/1521872255902314496?s=20&t=CferRuF0l936gpQWHcd1rg
  55. Gary Vaynerchuk is now telling newbs to buy an NFT on Cardano or Solana because ETH gas fees are too high. https://twitter.com/TangerineADA/status/1521978950649581570
  56. Coinbase NFT beta is now open. https://twitter.com/coinbase/status/1521888126934781954
  57. Now wrapped ETH is available on muesliswap mainnet. https://twitter.com/MuesliSwapTeam/status/1521917354569048068
  58. A very interesting thread on ETH Beacon Chain centralization. https://twitter.com/dagaffer101/status/1523194663473135616
  59. There is now a dApp section in Eternl wallet. This is not just a button to connect to dApps. It actually shows you dApps you can use. https://twitter.com/eternlwallet/status/1522639247701942272
  60. Tony Rose, IOG Head of Product–Digital Identity, recently testified before the California State Legislature in relation to California students using digital identity. https://mobile.twitter.com/StakeWithPride/status/1523173974456168450 https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB1190
  61. There is obviously still a huge information asymmetry in crypto in relation to Cardano. Even a well known crypto influencer was recently seen aggressively claiming that Cardano had no DEXs when we have: MuesliSwap, SundaeSwap, MinSwap, WingRiders, and others all alive and functioning well. https://mobile.twitter.com/Flat_Mars_Ltd/status/1522400420315815937
  62. The Cornucopias podcast, CopiCafe Ep. 6 is now out and available. https://www.youtube.com/watch?v=KuMRgvVDPW8
  63. COTI and Djed have partnered with GADA Launchpad. https://twitter.com/COTInetwork/status/1523620203422437376
  64. The winner has authored a thread on how the Artifct Moon Treasure Hunt was solved. https://twitter.com/AshXlandZ/status/1523403686810353666
  65. There is a new Africa update with John O’Connor available. https://www.youtube.com/watch?v=X1cKW1RhI2E
  66. As they post under #ponzi, many members of the Solunavax space seem to be collectively accepting that while they thought TerraUSD was pegged, it was in fact them. https://twitter.com/jonwu_/status/1523793482850050048 https://twitter.com/stablekwon/status/1523532474860539905 https://assets.website-files.com/611153e7af981472d8da199c/618b02d13e938ae1f8ad1e45_Terra_White_paper.pdf https://twitter.com/IOHK_Charles/status/1523876312498192386 https://twitter.com/ercwl/status/1523802943362895872 https://twitter.com/el33th4xor/status/1523968918934728709
  67. MuesliSwap held an AMA on Reddit and the questions and answers have been compiled on Medium. https://medium.com/@muesliswap/muesliswap-reddit-ama-06-05-2022-69097df389aa
  68. Liqwid gives us a little teaser of the AquaFarmer NFTS. https://twitter.com/liqwidfinance/status/1524204829110906880/photo/1
  69. Yellen is citing the Luna Terra fiasco and calling for stablecoin regulation by the end of the year. https://techcrunch.com/2022/05/10/us-treasury-secretary-janet-yellen-pushes-for-stablecoin-regulation-by-end-of-year/
  70. The Indigo Protocol private testnet is now live. https://twitter.com/Indigo_protocol/status/1524108224026324993?s=20&t=mR-Tqs9xvh1aDFysTiMzwg
  71. Here’s an illustration from Pavia as to the size of the Pavia Plaza. Turns out it’s big. https://twitter.com/Pavia_io/status/1524296117768368128/photo/1
  72. Charles had a few things to say about the events of the last few days. https://www.youtube.com/watch?v=pNH_PvkVN74
  73. Here’s a World Mobile video showing an air node installation. https://twitter.com/WorldMobileTeam/status/1524042009970888705
  74. Unlike UST, the Ergo stablecoin, SigUSD, has maintained it’s peg nicely since establishment. SigUSD is based on the AgeUSD architecture just like Djed. https://twitter.com/ergoplatformorg/status/1524302368241819657
  75. Here is the latest response from Stable Kwon. Doesn’t seem like a terribly promising plan. https://twitter.com/stablekwon/status/1524331171189956609
  76. Both Blackrock & Citadel have denied the rumors they were involved in Crashing UST. https://watcher.guru/news/blackrock-and-citadel-have-denied-trading-with-terras-stablecoin-ust
  77. Mainstream media is reporting that Charles doesn’t think we’ll get comprehensive crypto regulation this year since there is not enough time politically before mid-term elections to accomplish the task. This would push it to 2025. https://www.foxbusiness.com/technology/cardano-founder-sees-comprehensive-cryptocurrency-legislation-pushed-2025
  78. IOG releases a new paper on P2P. https://eprint.iacr.org/2022/541/20220510:081002 https://twitter.com/IOHK_Charles/status/1524587529743257601
  79. Here’s a thread on Djed asking some interesting questions. https://twitter.com/MatthewPlomin/status/1524386978220974080
  80. ADA Handle reports it has partnered with Cardano Mixer which is a transaction privacy protocol. https://twitter.com/adahandle/status/1524088554392932352
  81. Meanwhile Cardano developers are just grinding away. Watch the code forges glowing red hot here. https://cardanoupdates.com/
  82. An important question has surfaced as a result of the revelation that UST may not be the first stablecoin from its creator. https://twitter.com/DeansEpoch/status/1524495566163660800
  83. It looks like Terra may be moving toward a plan where “validators should reset the network ownership.” Is that the type of crypto that most of us signed up for? https://agora.terra.money/t/terra-ecosystem-revival-plan/8701
  84. Even Forbes realizes that the EVM may not be the best virtual machine in the industry. https://www.forbes.com/sites/lawrencewintermeyer/2022/05/12/will-ethereums-virtual-machine-eat-itself/
  85. Copi Cafe Episode 7 is out. https://www.youtube.com/watch?v=s1zSbpzY40w
  86. Here are details on the Liqwid Aquafarmers NFT mint that will be going down at 12:00 PM UTC (8:00 AM EST) on Tuesday, May 17th. The medium article describes a 12 hour window for whitelisted addresses. https://liqwid-finance.medium.com/liqwid-aquafarmers-nfts-mint-date-and-time-c347b05b288e
  87. Daedalus 4.10.0 is out. https://iohk.zendesk.com/hc/en-us/articles/6515425656089
  88. Charles with some very incisive commentary on the way Cardano funds development vs. the rest of crypto. https://twitter.com/IOHK_Charles/status/1525651090376736768
  89. The Cornucopias NFT Tree mint is this Friday (May 20) at 2:30pm UTC. https://twitter.com/CornucopiasGame/status/1526627372916690945
  90. Sounds like Shahaf Bar-Geffen is going to be on Cardano 360 this week to talk about Djed as an algorithmic stablecoin. https://twitter.com/DjedStablecoin/status/1526717080124399616
  91. Solana had another bad day and shock was experienced by no one. https://twitter.com/evan_van_ness/status/1526635595958820865
  92. MuesliSwap lays out their innovative new combination of AMM/LP liquidity and partial orders that is slated for MuesliSwap v2. https://twitter.com/MuesliSwapTeam/status/1526521563478216704
  93. Meld has an ADA-Matic Bridge live on testnet. https://twitter.com/MELD_labs/status/1526655506051473413
  94. There will be a World Mobile AMA Thursday May 19 at 8pm UTC. https://twitter.com/WorldMobileTeam/status/1526834369813704705
  95. It has become clear the mainstream media (and even a lot of people within crypto) have zero understanding of proof-of-stake. https://twitter.com/TuurDemeester/status/1526670962837671937

~Army of Spies


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