Cardano Rumor Rundown October 11, 2022

Hey Everyone!

Let’s go….

Newly Covered Today:

1. Apparently, the Nobel Prize for Economics decided to be a satire of itself this year by including Ben Bernanke as an awardee. https://twitter.com/BitcoinMagazine/status/1579423178912575491
2. Phase 2 of the Indigo DAO Kickstart is ramping up with a governance temperature check on adoption of the Indigo Foundation which is a Cayman Islands entity established in September 2022. https://twitter.com/Indigo_protocol/status/1579472642272550912 https://forum.indigoprotocol.io/t/proposal-to-adopt-the-creation-of-the-indigo-foundation/11360
3. Laura & Sooraj analyze Iota in Just the Metrics. https://twitter.com/Soorajksaju2/status/1579166201816973312
4. Jaime Dimon is predicting a likely recession in 6-9 months. https://www.cnbc.com/2022/10/10/jpmorgan-jamie-dimon-warns-us-likely-to-tip-into-recession-soon.html

Previously covered, but still interesting:

1. Cardano is still crushing the competition in terms of active developers. https://medium.com/contora/new-leader-top-crypto-projects-by-technology-development-ccdc65c29ac9 https://twitter.com/Contora_/status/1569415298155008002
2. Here’s an interesting revelation about how Solana stores the block history (hint: google). https://twitter.com/MicheleHarmonic/status/1569368081507532802
3. Check out this demo of “Edendale” from Reach Metaverse. https://www.youtube.com/watch?v=vx8nhChvrIE
4. NMKR is introducing NFT licenses to delineate what you can and cannot do with NFTs. https://twitter.com/nmkr_io/status/1569566543763361793
5. P2P lending and borrowing is now live on AADA. https://twitter.com/AadaFinance/status/1569674268723630080
6. There’s a new video about the IOG Stanford Blockchain Research Hub. https://www.youtube.com/watch?v=Fi__9JDTPzY
7. The US August CPI inflation report (8.3%) was not loved by the markets. https://www.ft.com/content/96bb6e37-9116-47d9-98f3-5cee3e9c7c09 https://www.bls.gov/news.release/pdf/cpi.pdf
8. If you are going to Rare Bloom and haven’t booked your room yet, remember the hotel discount ends on September 24th. https://twitter.com/bigpeyYT/status/1569430504054603777
9. Only 8 days until Vasil!!!!
10. The U.S. national average on 30 year mortgages is now over 6%. You know what rising mortgage rates do to the demand side of that market? If you were an adult in 2007, you already know the effects the housing market can have on other markets. https://www.bankrate.com/mortgages/30-year-mortgage-rates/
11. The US Treasury is now saying it’s okay to publish the Tornado Cash code. https://home.treasury.gov/policy-issues/financial-sanctions/faqs/1076
12. There is an arrest warrant out for Terra Luna founder, Do Kwon. https://www.cnbc.com/2022/09/14/south-korea-court-issues-arrest-warrant-for-terraform-founder-do-kwon.html
13. Apparently Atala Prism is a part of some kind of “future digital infrastructure development” in Japan. Check out Project #8. https://twitter.com/sakepool_ada/status/1569969212617281536
14. There’s a free NMKR airdrop afoot. https://twitter.com/Padierfind/status/1570134774454554624
15. Cardano has struck a partnership with the Georgian National Wine Agency to provide a traceability solution for the nation’s wine production! https://twitter.com/CardanoStiftung/status/1570489271710289921 https://cardanofoundation.org/en/news/cardano-foundation-partners-with-georgian-national-wine-agency/
16. ADA Realm says it is going to launch its own marketplace in Q4. https://twitter.com/AdaRealm/status/1570480257454714880
17. Less than a day after the Merge, Ethereum users are starting to realize just how centralized ETH POS really is (whether you count Flashbots–who hard coded in the OFAC list–or not). https://twitter.com/santimentfeed/status/1570339602346684416
18. There’s a new Cardano Island AMA with some new details. https://blog.virtua.com/virtua-news/cardano-island-update-september-13-2022/
19. There’s an Eternl update coming out today (Sep 15) and it has a fiat onramp for ADA. https://twitter.com/eternlwallet/status/1570340765179715586
20. Senator Pat Toomey says that Gary Gensler owes the American people an explanation of how and why he intends to apply SEC regs to crypto. https://twitter.com/SenToomey/status/1570412249365319686
21. Maladex hints at something coming on the 28th of September. https://twitter.com/CardanoMaladex/status/1571469106569965569
22. Fidelity now has both a “Crypto ETF” and a “Metaverse ETF”. Neither one really seems to match the definition I would attach to that label. https://www.fidelity.com/etfs/different-types-of-etfs
23. The Vasil update proposal has been submitted to the chain! https://twitter.com/InputOutputHK/status/157155844597049753
24. Just the Metrics lays out a nice comparison between the proof-of-stake systems of Cardano & Ethereum. https://just-the-metrics-newsletter.beehiiv.com/p/special-issue-ethereum-pos-vs-cardano-staking-decentralization-compared
25. 3D Kiwi now has regression based heatmaps to help estimate values. https://pavia.3dkiwi.io/heatmap_pred/pavia
26. EdnStuff posts a few interesting pie charts on holder concentration in Bitcoin, Cardano, Algorand, and Ethereum. https://twitter.com/EdnStuff/status/1570997096496627716
27. Do you want to see what a slap to the face of the SEC looks like? Here’s CFTC Commissioner Caroline D. Pham touring Ripple labs. https://twitter.com/CarolineDPham/status/1571911498619813890
28. Maladex says the surprise coming on the 28th is not the platform launch but something big. https://twitter.com/CardanoMaladex/status/1572002320808030211
29. Carda Station will be conducting a mint of three different types of vehicles that will be usable in their metaverse on Sep 25th. They have also unveiled their new website. https://discord.com/channels/908827661504237599/909005782790586379 https://www.cardastation.com/
30. Apparently there’s a thing called NMKR Games and they’re making a Web 3 MMORPG called Rogue Galaxies. https://www.nmkr.io/blog/rogue-galaxies
31. Colorado decided to let people pay their taxes in crypto via Paypal. Wyoming points out that it’s way more crypto to not even have state personal or business income tax. https://twitter.com/CaitlinLong_/status/1572237017169403904
32. Virtua’s land plot mint will go live today (Sep 21) for 12 hours at 4pm UTC. https://twitter.com/VirtuaMetaverse/status/1572260495377170435
33. Researchers including Dionysis Zindros propose a superlight client operating on proofs of proof-of-stake that will work in Cardano, Algorand, or Ethereum. https://arxiv.org/pdf/2209.08673.pdf https://twitter.com/dionyziz/status/1572068211465519108
34. Notable Cardano technical commentators have a discussion about the maximum number of outputs that are possible in a single Cardano transaction and the numbers are very impressive indeed. https://twitter.com/eternlwallet/status/1572234973012271105
35. Tim Harrison says we are now at 73% exchange readiness by liquidity for Vasil. https://twitter.com/timbharrison/status/1572286867143524353
36. It looks like we have an update on the Ethiopia project. https://twitter.com/IOHK_Charles/status/1573429932524462082
37. Alessandro reports he now has Lucid running entirely in JavaScript with no dependencies on the Haskell libraries. This is a huge step forward for our attack on the Ocean. Thank you from everyone, Alessandro! https://twitter.com/berry_ales/status/1573984225468059648
38. Here’s another great article from Cardanians on how Cardano protects itself from the equivalent of a 51% attack. https://cexplorer.io/article/how-cardano-protects-itself-from-51-attack
39. The terrible Ethereum proof-of-stake architecture was on full display on Friday as something like 20 validators apparently got slashed. https://twitter.com/terencechain/status/1573314347128201216 https://twitter.com/rom1_pellerin/status/1573729284941815809
40. It looks like rumors are afoot that BMW will announce the use of Cardano for proof-of-registration. Maybe partially confirmed by BMW in a now deleted tweet that was previously saved via screenshot. https://twitter.com/seenwasad/status/1574144652902555652
41. Charles dropped a video on how Cardano evolves into a Members Based Organization that is polyglot in terms of having multiple clients developed by different groups. https://twitter.com/IOHK_Charles/status/1574399808970035200
42. We now have the Virtua land claim schedule. It will happen over five days starting on September 30 5pm UTC. https://twitter.com/VirtuaMetaverse/status/1573387976503169025
43. It looks like Pavia is going to give us a roadmap update this week! https://twitter.com/Pavia_io/status/1574457288445906945
44. Indigo says it will make five proposals to the Indigo DAO as temperature checks over the next five weeks that will lay the groundwork for their launch. https://twitter.com/Indigo_protocol/status/1574402485703544835 https://indigoprotocol1.medium.com/the-indigo-dao-kickstart-campaign-3060a3c11dd9
45. The new MuesliSwap website is live as part of their move to MuesliSwap 2.0. Soon we will see the v2 liquidity pools and yield farming. https://twitter.com/MuesliSwapTeam/status/1573242054343536640
46. We also have some more detail on the Cardano Island map now. https://twitter.com/VirtuaMetaverse/status/1574530159499268112
47. Plutus 2.0 is now live! Plutus 2.0 is now live! https://twitter.com/InputOutputHK/status/1574879048698044416
48. There’s trouble in Catalyst land with a project getting gigantic funding on a proposal that some find surprising. The “Daedalus Turbo” project seems to be at the eye of the storm with even Charles making a video on it. https://twitter.com/CardanoMaladex/status/1574806140667318272 https://twitter.com/ravanave/status/1574887977284771847
49. The Big Maladex Announcement is going down today (September 28) at 9pm CET! https://twitter.com/CardanoMaladex/status/1574806140667318272
50. Cardano turned five years old today (September 27). https://twitter.com/InputOutputHK/status/1574830244044967961
51. FutureFest has an event happening on September 29th opening at 7pm Eastern. https://twitter.com/futurefestxr/status/1574534528193863680
52. Watch Charles straight destroy Ryan Selkis’s weak questions in this on-stage interview at Messari’s Mainnet conference. https://youtu.be/nJXoZhk_xA0
53. Adam Dean is releasing GateKeeper which is an open source tool to prove ownership of Cardano native assets at IRL events. Looks like a great way to manage Cardano event tickets. https://twitter.com/adamKDean/status/1574936617319510016
54. The CTFTC has served process on the entirety of a DAO. If someone doesn’t respond in the next 20 days or so, the CFTC may win default judgment against the DAO. This may affect how people perceive the “DAO as regulatory shield” concept. https://www.cftc.gov/PressRoom/PressReleases/8590-22 https://twitter.com/lex_node/status/1574903583132327951 https://github.com/LeXpunK-Army/Crypto-CaseLaw/tree/main/bZx%20DAO%20Case
55. Maladex has arrived and it has been rebranded as AXO. AXO’s programmable swaps are a whole different level in trading platform mechanics. You haven’t seen this before. https://www.axo.trade
56. REACH is giving us a sneak peek at their metaverse lands which go on sale for condo owners on September 30th. https://twitter.com/ReachMetaverse/status/1575303742324445189
57. Virtua drops a video on how to grab a parcel in the land claim event in the coming days. https://youtu.be/vmK9JjbSDJE
58. Virtua has released a more detailed schedule for the land claim event. https://twitter.com/VirtuaMetaverse/status/1575545948389879808
59. It looks like MuesliSwap is experiencing a 10x space savings at half the cost on transactions since Vasil. https://twitter.com/IOHK_Charles/status/1575506087390105603
60. The Reach Land Event for Condo Owners starts tomorrow at 10am EST. https://twitter.com/ReachMetaverse/status/1575519744475779072
61. EUTXO.org v2 will show us the crazy “transactions per transactions” capabilities of Cardano. https://twitter.com/oravecpeter/status/1575253289473609741
62. Looks like the Emurgo Cardano Pool Party in Singapore for Token2049 went off well. https://www.instagram.com/stories/emurgo_io/2938040734586369927/
63. Don’t forget that FutureFest’s Yummi Island event will be continuing today (Sept. 30). https://twitter.com/YummiUniverse/status/1574534283213131776
64. Virtua released a new Cardano Island Map Guide. https://youtu.be/YvXrl5-C1b8
65. Looks like Ardana has open sourced all of its repositories. https://twitter.com/astroboysoup/status/1576358599994982400
66. Looks like Spy Village in Virtua’s Cardano Island is shaping up nicely with lots of plots already claimed. https://twitter.com/VirtuaMetaverse/status/1576643408822927360
67. Shocker! Solana experienced another outage. Meanwhile, Cardano is running smoothly like usual. https://twitter.com/SolanaStatus/status/1576010340248084481
68. The rest of crypto is noticing the giant reduction in Cardano transaction fees and blockspace used in the post-Vasil era. https://twitter.com/michaelwrub/status/1576587335613157377
69. Summon Platform will enable fee-less voting on Cardano this month. https://twitter.com/Welikethetrees/status/157660277653610905
70. Charles drops the most detailed and comprehensive look at Basho Cardano’s ever seen. https://www.youtube.com/watch?v=fhVo-2QUjLM
71. World Mobile has partnered with Immunify Life. https://twitter.com/WorldMobileTeam/status/1576953985973592065
72. The Eternl fiat on-ramp is now live with a “Buy ADA” button directly in the wallet. https://twitter.com/eternlwallet/status/1576939519290769409
73. The SEC has charged Kim Kardashian with failing to disclose that she was paid to promote a crypto project. She is settling the charges by paying a $1.26 million fine. https://www.sec.gov/news/press-release/2022-183
74. Here’s one transaction that moved 77 assets in a few seconds for about 12 cents. Cardano is an amazing network! https://twitter.com/OfficialNID0/status/157672148878665318
75. The court has ruled that the CFTC can serve the Ooki DAO members via forum post and help chat box. https://www.coindesk.com/policy/2022/10/03/court-rules-cftc-legally-served-ooki-dao-through-help-bot/
76. It looks like the first live event in Pavia Plaza will be end of this month (October) or in early November! https://twitter.com/Pavia_io/status/1577211404251066369
77. The Ethereum community is debating whether Ethereum is really Ethereum anymore. Time for Cardano to shine. https://twitter.com/Delphi_Digital/status/1577327981281923073 https://twitter.com/lex_node/status/1577356275872055301
78. There’s a new documentary coming out this week on the founding of Coinbase. I think this will do a lot to humanize Brian Armstrong for the crypto community. https://youtu.be/OXK5XKSxD1E
79. The Virtua Cardano Island land claim event kicked off its final stage today. It looks like the map has filled out very nicely! https://claim.virtua.com/
80. Governance is heating up in Cardano. The Indigo DAO Constitution Temperature Check has begun. https://forum.indigoprotocol.io/t/proposal-for-indigo-dao-constitution/11110
81. Here’s a new source of information on Cardano dApps and how much activity they are servicing. https://dappsoncardano.com/ https://twitter.com/matiwinnetou/status/1577389413889458177
82. MuesliSwap v2 is launching today (October 5th). https://twitter.com/MuesliSwapTeam/status/1577381317401903104
83. MuesliSwap v2 (a hybrid DEX) has launched with orderbooks connected to liquidity pools. https://muesliswap.com/earn/liquidity
84. Liqwid has its peer-to-pool borrowing and lending function live on Cardano’s preview testnet. https://twitter.com/liqwidfinance/status/1577725510343626753
85. Ethereum is realizing that there is a distinct possibility that policy makers & regulators will view MEV as “frontrunning/fraud”. https://twitter.com/BillHughesDC/status/1577728940881448993 https://www.iosco.org/library/pubdocs/pdf/IOSCOPD699.pdf
86. Japanese Prime Minister Fumio Kishida has announced his “New Capitalism” plan to revitalize the Japanese economy and it involves Japan investing in Web 3.0 services that utilize NFTs and the metaverse. https://www.kantei.go.jp/jp/101_kishida/statement/2022/1003shoshinhyomei.html
87. Pavia says it is putting in the work on completing the new map! https://twitter.com/Pavia_io/status/1578062289244233728
88. According to mevwatch.info, 29.98% of all blocks in Ethereum are currently censored and 87% of MEV Boost relayed blocks are censored (October 5 2022). http://mevwatch.info
89. Welcome to Basho, friends: “One transaction distributed 16,164 ada to 217 holders for a fee of 0.78173 ada”. https://twitter.com/IOHK_Charles/status/1578031473436741633
90. NIDO is releasing his latest song and he says you can own part of the streaming royalties. https://twitter.com/OfficialNID0/status/1578128128328826912
91. Binance Smart Chain was “suspended” due to a “potential exploit”. https://twitter.com/BNBCHAIN/status/1578152039455916033
92. Pavia has released a roadmap through the end of 2023. https://twitter.com/Pavia_io/status/1577594191177302016
93. You can now drive around in your Bison moon vehicles in Carda Station. https://discord.com/channels/908827661504237599/909005782790586379
94. Reports are coming in that Celsius doxxed all of its users in a hearing filing? This followed reports that Celsius executives withdrew tens of millions of dollars shortly before the bankruptcy. https://twitter.com/LefterisJP/status/1578194883038232577 https://twitter.com/ForbesCrypto/status/1578173263036948480
95. Looks like everyone had a great time at CNFTCON. https://twitter.com/jj_siler/status/1578908621496143873
96. Charles pointed out that SEC & CFTC being ill-equipped to regulate crypto is actually a much bigger issue than any possibility of a shadow conspiracy between ETH and the SEC as some have suggested in relation to the Ripple-SEC litigation (and of course everyone freaked out). https://twitter.com/digitalassetbuy/status/1578557810136125440
97. Paypal updated its Acceptable Use Policy to give you notice that they can fine you $2500 for posting misinformation. A huge backlash ensued with many closing accounts. Then they said that language was never supposed to be included. Time for decentralization! Former founders say it goes against everything they believe in. https://twitter.com/1970Brat/status/1578596182225321986 https://www.dailywire.com/news/new-paypal-policy-lets-company-pull-2500-from-users-accounts-if-they-promote-misinformation https://twitter.com/elonmusk/status/1578815879445217280
98. Indigo has posted a demo of their web app. https://twitter.com/Indigo_protocol/status/1578762462639230976
99. Cornucopias had some great looking demos at their booth in Vegas. https://twitter.com/keyofjoshua/status/1578805488942084097 https://twitter.com/keyofjoshua/status/1578789601824473091
100. Virtua has partnered with Shelby (the automotive company…not the Peaky Blinders). https://twitter.com/VirtuaMetaverse/status/1579228939813543936

~Army of Spies