Cardano Rumor Rundown April 14, 2022

Hey Everyone!

Let's go...

Newly covered today:

1. It turns out that Pavia land parcel ownership is pretty decentralized. https://twitter.com/Pavia_io/status/1514183930605408266
2. The ETH Merge to proof-of-stake is delayed again! No firm date has been established. https://twitter.com/TimBeiko/status/1514010098145759232
3. 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/
4. 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/
5. 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

Previously Covered but still interesting:

1. Here’s a testnet transaction to open a hydra head! https://twitter.com/_KtorZ_/status/1503683515421974530
2. We’re starting to see some things out of the Crypto Bisons algorithmic in-game music concept. https://twitter.com/CryptoBisons/status/1503698342320254979
3. Liqwid is announcing some good results with their qToken Plutarch script. https://twitter.com/liqwidfinance/status/1503742933614346248
4. There is a mystery project called Plutobay that is coming to Cardano soon and is partnered with MuesliSwap. https://twitter.com/MuesliSwapTeam/status/1503766642010038275
5. IOHK conservatively estimates that there are 500 projects building on Cardano. That is a small army of projects!! https://twitter.com/InputOutputHK/status/1503701168001802240
6. Pavia gives us a little update on their broader “Pavia Compatible Asset” strategy. https://twitter.com/Pavia_io/status/1504092703193194503
7. The Fed raised the Federal Funds Rate by 25 basis points. While this may seem very small to combat the rampant inflation, this may be the beginning of something that could be very impactful to Cardano if the fed raises rates at every meeting for the rest of the year. https://www.nytimes.com/live/2022/03/16/business/fed-meeting-interest-rates https://www.investopedia.com/terms/f/federalfundsrate.asp
8. NFTs are coming to instagram in the near term. https://www.coindesk.com/business/2022/03/15/mark-zuckerberg-says-nfts-are-coming-soon-to-instagram/
9. There is now ADA support in Trezor suite. https://twitter.com/Trezor/status/1504117266899775494
10. Liquid has partnered with Coti & Djed. https://twitter.com/liqwidfinance/status/1504465413534478341
11. Here’s more of the trend that our online future will be more 3D and less 2D. Indigo has a Catalyst Proposal to build a learning center in the Cardano metaverse. https://twitter.com/Indigo_protocol/status/1504570021741318144
12. Sen. Warren is once again up to her old tricks. She has introduced a bill with overly broad language that might end up targeting anyone (even someone who releases open source software) who might have done anything that enabled a transaction by an address that is related to a sanctioned individual. https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/
13. We now have a link for the Cardano Fraud Detection Bureau if you see something suspicious. https://twitter.com/InputOutputHK/status/1504475158098026509
14. It looks like MinSwap has overtaken SundaeSwap in terms of TVL. https://defillama.com/chain/Cardano
15. The Artifct NFT market is now live. https://twitter.com/ArtifctApp/status/1504891600605954049
16. MuesliSwap gave us a peek at their V2 interface which will include partial matching. https://twitter.com/MuesliSwapTeam/status/1505545800558026758
17. ADA Realm has announced the signing of a contract with Actum Games to develop their metaverse. https://twitter.com/AdaRealm/status/1505493627258212358
18. The March Mid-Month Update is out! https://www.youtube.com/watch?v=0RsTi6TJAvc
19. The relative capacities of Cardano and Ethereum to handle the ever-increasing complexity demanded of Gen 3 blockchains appear to be diverging with an Ethereum Core Developer dropping a long thread concluding that “If the protocol [Ethereum] doesn't get slimmer, it's not going to make it.” Meanwhile, Haskell developers are happy to explain how the compositionality of Cardano’s chosen programming language is perfect to accommodate complexity. https://twitter.com/peter_szilagyi/status/1504887154761244673 https://twitter.com/gotMeAHaskell/status/1505313180427427841
20. Liqwid has announced that their Public Testnet will go live in April. https://twitter.com/liqwidfinance/status/1505895725221220355
21. Goldman Sachs just became the first major U.S. bank to do an over-the-counter crypto deal. On the other side of the transaction was Galaxy Digital. The transaction involved a Bitcoin related non-deliverable option. https://www.cnbc.com/2022/03/21/bitcoin-options-goldman-sachs-announces-otc-crypto-trade-with-galaxy-digital.html?__source=sharebar|twitter&par=sharebar
22. CCVault wallet has changed its name to Eternl Wallet and has partnered with Artifct! https://twitter.com/eternlwallet/status/1505985000675680265
23. Liquid has released a thread where the number of yields they are describing has dramatically increased from numbers we have seen in the past. https://twitter.com/liqwidfinance/status/1506304639049912325
24. Cardano is the largest holding in Grayscale’s Smart Contract Platform Ex-Ethereum Fund beating Solana, Avalanche, Algorand, Pokadot, Polygon & Stellar. Hmmm, probably a smart call, Grayscale. https://www.globenewswire.com/news-release/2022/03/22/2407606/0/en/Grayscale-Investments-Launches-Smart-Contract-Platform-Fund.html https://twitter.com/Grayscale/status/1506288504803934226
25. Apparently, the Djed testnet is incoming. https://twitter.com/DjedStablecoin/status/1506273051670896647
26. There’s a new article explaining pipelining from IOHK. Pipelining will arrive in June. https://iohk.io/en/blog/posts/2022/03/21/increasing-the-transaction-throughput-of-cardano/
27. There is a mystery of some 23 new fully saturated pools with 1.5 billion ADA. The domain hosting the metadata seems to imply Coinbase. https://twitter.com/pool_pm/status/1506068332927197190
28. MinSwap appears to have remedied their issues with a new smart contract after a period of being down for 50 hours due to a critical vulnerability. As a great example of community spirit, SundaeSwap congratulated them and encouraged everyone to be understanding. https://mobile.twitter.com/MinswapDEX/status/1507130301830606850 https://twitter.com/SundaeSwap/status/1507006139287805964
29. Looks like there was another giant exploit on a network that is a competitor to Cardano. This time it was Solana and reports are of $50MM lost. https://twitter.com/samczsun/status/1506578902331768832
30. Cornucopias is now dropping posts about lands. This must mean we are inching closer to that date. https://twitter.com/RobGreig3/status/1507065754029600768
31. Cardano Assets now has frequently updated performance updates on Cardano Tokens. https://twitter.com/cardanoassets/status/1506923728646590469
32. Here’s a talk with Senators Lummis & Gillibrand (co-sponsors of a bipartisan crypto bill) on crypto regulation. There is an interesting discussion at 39:45 regarding the energy benefits of proof-of-stake and a reference to how benefits could be created to incentivize a move to PoS. https://twitter.com/POLITICOLive/status/1507101733796913167
33. Here’s an awesome new dashboard for everything Cardano. https://coindodo.io/cardano/
34. It’s looking like voice chat will be a thing in Pavia. I love this news. https://twitter.com/Pavia_io/status/1507404360661323789
35. MuesliSwap Dex Aggregation: Instant Swap. https://docs.muesliswap.com/cardano/quick-swap-beta
36. MuesliSwap has also released details on their new Muesli Yield Token which will be earned from staking LP tokens. The Muesli Yield Tokens can then be staked to earn call options on the MuesliSwap Milk token at 1ADA. https://docs.muesliswap.com/cardano/muesli-yield-token
37. According to the recent Charles AMA, the Djed deployment will likely be in H2 to take advantage of the Vasil HFC upgrades. https://youtu.be/baBpzk6EwFE?t=1485
38. ErgoDex (a cross-chain DEX on both Cardano & Ergo) will hit the Cardano testnet on April 4th! https://twitter.com/ErgoDex/status/1507779151331307539
39. Here’s a very interesting discussion of stakepool parameters with Dr. Michael Liesenfelt. https://youtu.be/eAs_L68RO-c
40. Research suggests that ⅔ of all NFT collections are now trading below mint price or not trading at all. Included in the research were 8,400 ETH NFT collections. https://www.bloomberg.com/news/articles/2022-03-26/nft-collection-failures-begin-to-mount-in-flashback-to-ico-bust
41. Liquid has released details on the utility of the Liqwid Aquafarmer NFTS. Apparently they’ll boost staking rewards in the Agora safety pool with bigger boosts depending on rarity. https://liqwid-finance.medium.com/liqwid-aquafarmers-nfts-mint-utility-and-protocol-owned-liquidity-30b1fae77283
42. Milkomeda (an Ethereum Virtual Machine sidechain of Cardano) is live! We can now commence doing Solidity stuff better than Ethereum. https://twitter.com/Milkomeda_com/status/1508478019035357189
43. Here’s the keynote address from Charles at the Dubai Binance Blockchain Week event. https://twitter.com/IOHK_Charles/status/1508553538816733186
44. Someone has raised the possibility of a bug in Nami wallet with regard to ADA Handles which might result in assets being sent to the wrong ADA Handle. https://github.com/Berry-Pool/nami-wallet/issues/487
45. Axie Infinity’s Ronin Network was hacked for $625MM in what some are calling the biggest DeFihack ever. https://twitter.com/TechCrunch/status/1508855668035534863 https://mobile.twitter.com/Ronin_Network/status/1508828719711879168
46. Apparently there’s something big in the March Cardano 360 on Thursday. https://twitter.com/IOHK_Josh/status/1508898702030774277
47. MuesliSwap has expanded its Milkomeda farms and they now include even AVAX & BNB assets. Apparently, they surpassed $25MM TVL in the first 24 hours. https://twitter.com/MuesliSwapTeam/status/1508801486301671426
48. Here is the Pavia Stadium against an avatar for scale. https://twitter.com/Pavia_io/status/1508787947172151296
49. DeFi Llama says it will count Milkomeda TVL as a separate chain instead of toward the Cardano TVL. This could change if Milkomeda has shared security with Cardano one day. https://twitter.com/DefiLlama/status/1508952065284128771
50. Wave Financial is launching a new ADA Yield Fund to support liquidity in Cardano DeFi with an initial $100 million. https://wavegp.com/wave-financial-launches-ada-yield-fund-to-support-cardano-defi-ecosystem-growth/
51. It sounds like Nami Wallet has already pushed a fix for the ADA Handle issue and it only had to do with mobile users on 3G. https://twitter.com/adahandle/status/1509282443018182656
52. Don’t forget! Cardano 360 is today (March 31st)! https://twitter.com/InputOutputHK/status/1508487598154600454
53. Vitalik suddenly seems interested in Africa and crypto. https://twitter.com/IOHK_Charles/status/1509232370292981760
54. The European Parliament is voting today (March 31st) on what has been called a “very oppressive” crypto surveillance regime. https://twitter.com/brian_armstrong/status/1509202782015819776
55. Is it possible that multiple Cardano dexes might be able to ameliorate the plague of impermanent loss like they say? https://twitter.com/GeniusyieldO/status/1509227965086941187 https://blog.maladex.com/maladex-solves-concurrency-scales-beyond-memory-limits-and-designs-the-best-possible-cardano-dex-391d7e519e67
56. The secret announcement from the March Cardano 360: Snoop Dogg is now in the Cardano ecosystem and has partnered with Clay Nation for a “Baked Nation”. https://twitter.com/The_ClayMates/status/1509583935059202050
57. The European Parliament has voted in the new law to essentially enforce KYC on self-hosted wallets. https://twitter.com/CoinDesk/status/1509541262302531585
58. Here’s the March Cardano 360! https://www.youtube.com/watch?v=r6qNwOE9Bvo
59. Here’s the SEC Staff Accounting Bulletin advising that crypto companies should record a liability on their balance sheets if they are safeguarding crypto assets for clients and Hester Peirce’s response. https://www.sec.gov/oca/staff-accounting-bulletin-121 https://www.sec.gov/news/statement/peirce-response-sab-121-033122
60. It looks like Grayscale really wants to sue the SEC if there is no approval of their Bitcoin ETF by summer. https://twitter.com/Grayscale/status/1509642795144949761
61. Some info is being reported on the Clay Nation land sale in their upcoming “virtual environment” including the Baked Nation collaboration with Snoop. https://twitter.com/BigKahunaaa/status/1510269159787175945 https://twitter.com/SunnNFT/status/1510717381433335822
62. The Cardano Summit 2021 won an award for best digital conference. https://twitter.com/FirstEventUK/status/1509650175375118344
63. Emurgo has invested in Fourier labs which is attempting to build out Plutus native EVM compatibility. https://twitter.com/emurgo_io/status/1510775123405676544
64. Here’s some information from Singularity.net on their Hypercycle sidechain/L2. https://twitter.com/singularity_net/status/1509927613011218443
65. The most recent Liqwid community call is now available. https://twitter.com/liqwidfinance/status/1509938871060115471
66. Even Greenpeace is now complaining about Bitcoin energy usage. https://twitter.com/GhostchainClub/status/1509907792408326151
67. The UK is setting its sights on becoming a crypto hub. https://www.gov.uk/government/news/government-sets-out-plan-to-make-uk-a-global-cryptoasset-technology-hub https://twitter.com/greyskulledm/status/1511026486798651393
68. It sounds like Wingriders is going to have ADA staking for Liquidity Providers in pools that include ADA in the pair. Apparently the LPs will vote on what pool gets the delegation. https://twitter.com/wingriderscom/status/1511009078620868611
69. Reports are coming in that Coti will launch the Djed testnet this week. https://twitter.com/cotihyp3/status/1510743792864796674
70. The recent Liqwid community call is available. https://twitter.com/liqwidfinance/status/1509938871060115471
71. Caitlin Long thinks the US crypto industry will split into three camps. https://twitter.com/CaitlinLong_/status/1511137195746279440
72. Apparently your ReadyPlayerMe avatar in Pavia will be able to wear Adidas. https://twitter.com/Pavia_io/status/1511408080357101568
73. Activision is considering NFTs for Call of Duty! https://watcher.guru/news/activision-blizzard-might-incorporate-nfts-into-call-of-duty-games
74. The MLabs Cardano TX library being built for Seabug (Mlabs upcoming NFT market) will be open source so that other projects can build on this. https://twitter.com/seabugnft/status/1511445943865917447
75. The Charles/Snoop/Champ Medici/Lena Twitter space is out. Over 64k people tuned in. As unexpected surprises, Warren G (and possibly a silent Busta Rhymes) also popped in. https://twitter.com/IOHK_Charles/status/1511402568420929538
76. MuesliSwap now has limit swaps as part of their DEX aggregation function. https://twitter.com/MuesliSwapTeam/status/1511356152017264642
77. Indigo has unveiled a quiz related to its airdrop qualification criteria. https://twitter.com/Indigo_protocol/status/1511421010666749952
78. Catalyst has launched a new African Incubator along with iceaddis called Ariob. https://twitter.com/InputOutputHK/status/1511691446910427139 https://iohk.io/en/blog/posts/2022/04/05/project-catalyst-launches-incubator-for-africa/
79. There will be an AMA on April 7 with ADA Realm and their new Unity development partner Actum Games. https://twitter.com/AdaRealm/status/1511779464795070469
80. If you don’t think our biggest competitor is broken by fees, check out this report of $26 million spent on gas fees in an offering that only raised $8 million. Someone’s making money, but they’re called miners. https://twitter.com/cr0ssETH/status/1511446814196572161
81. Maladex makes a good point about liquidity in DeFi. https://twitter.com/CardanoMaladex/status/1511811031470952466The future is not going to be 2D. Here is (probably) the first metaverse purchase of a SpaceBudz NFT. https://twitter.com/poly_peer_party/status/1511789839447904266
82. MinSwap and COTI are looking at how best to integrate Djed into Minswap. https://twitter.com/MinswapDEX/status/1512052790625026052
83. Here are some questions answered by Ross, Pavia Community Manager. https://www.youtube.com/watch?v=Zc9A4tREvkI
84. Shocker! Reports of more problems from our most problem ridden competitor.. https://twitter.com/Katsumoto87/status/1512002841501655044
85. If banks are involved with crypto, they now need to notify the FDIC. https://www.fdic.gov/news/financial-institution-letters/2022/fil22016.html
86. MuesliSwap is going through a redesign. https://twitter.com/MuesliSwapTeam/status/1512090675021447169
87. Here’s an excellent thread from Sooraj that explains in very easy-to-understand terms why Cardano’s eUTxO model is superior to ETH’s account balance model. Even Ben Goertzel had to comment on this thread. https://twitter.com/Soorajksaju2/status/1512886236066762762 https://twitter.com/bengoertzel/status/1513177850286813185
88. You might as well follow that up with his earlier threads on a) why UniSwap v.3 hasn’t solved impermanent loss but the answer may lie in Cardano’s eUTxO architecture; and b) why AMMs are inferior to order book DEXs. https://twitter.com/Soorajksaju2/status/1512110589459546120 https://twitter.com/Soorajksaju2/status/1511819727475294211
89. The Agora Governance Module from MLabs, Liqwid, and ADAO is now open source. https://twitter.com/liqwidfinance/status/1512414100273471497
90. Wingriders hints at Ledger compatibility in their DEX. https://twitter.com/wingriderscom/status/1513242395101515778
91. IOHK introduces the Delegate Representatives concept for Catalyst voting. This seems to embrace the idea that the best form of government is “a republic…if you can keep it.” https://iohk.io/en/blog/posts/2022/04/11/introducing-the-concept-of-delegate-representatives-dreps/
92. Curious how to pronounce names in Cardano? Here you go. https://twitter.com/AnthonyCardano/status/1513479117483778048
93. SundaeSwap announces some quality of life improvements for its users. https://twitter.com/SundaeSwap/status/1513605929907933198
94. WingRiders has already announced details on its Yield Farming that it says will be live on day 1. https://medium.com/@wingriderscom/wingriders-yield-farming-will-be-live-from-day-one-of-mainnet-launch-769095f7ef91
95. It’s looking like the Bankless podcast wants to have Charles on and he indicated he would do it. https://twitter.com/IOHK_Charles/status/1513621050940170242
96. WingRiders is live on mainnet and there are stablecoins! https://twitter.com/wingriderscom/status/1513865034115739652 https://twitter.com/wingriderscom/status/1513788413631152130
97. Soon there will be a list of verified Pavia Asset (PCA) creators. https://twitter.com/Pavia_io/status/1513835187343405058
98. The MuesliSwap Milk token is now live on the Milkomeda version of the MuesliSwap DEX. https://twitter.com/MuesliSwapTeam/status/1513921544812126210
99. IOHK wants your input on what should be included in Cardano 360. https://twitter.com/InputOutputHK/status/1513914342642790405
100. 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
101. 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/
102. IOHK gave us a big rundown of all the news from the last ten days (4.12.22). https://twitter.com/InputOutputHK/status/1513951540058411008

~Army of Spies