Tuesday, April 19, 2022

Cardano Rumor Rundown April 19, 2022

Hey Everyone!

Let's go...

Newly covered today:

  1. The wider crypto space is learning that Cardano added 100k wallets in the last month. https://twitter.com/WatcherGuru/status/1516095660424155137
  2. The AGIX ERC-20 converter is now live! https://twitter.com/singularity_net/status/1516069469591908361
  3. 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
  4. Paribus announces it will build an HQ in Pavia. https://twitter.com/paribus_io/status/1512443022801346583
  5. Apparently Indigo Step #3 will close out on Apr 19, 2022. https://twitter.com/Indigo_protocol/status/1516072942395928579

Previously Covered but still interesting:

  1. Here’s an awesome new dashboard for everything Cardano. https://coindodo.io/cardano/
  2. It’s looking like voice chat will be a thing in Pavia. I love this news. https://twitter.com/Pavia_io/status/1507404360661323789
  3. MuesliSwap Dex Aggregation: Instant Swap. https://docs.muesliswap.com/cardano/quick-swap-beta
  4. 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
  5. 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
  6. ErgoDex (a cross-chain DEX on both Cardano & Ergo) will hit the Cardano testnet on April 4th! https://twitter.com/ErgoDex/status/1507779151331307539
  7. Here’s a very interesting discussion of stakepool parameters with Dr. Michael Liesenfelt. https://youtu.be/eAs_L68RO-c
  8. 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
  9. 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
  10. 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
  11. Here’s the keynote address from Charles at the Dubai Binance Blockchain Week event. https://twitter.com/IOHK_Charles/status/1508553538816733186
  12. 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
  13. 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
  14. Apparently there’s something big in the March Cardano 360 on Thursday. https://twitter.com/IOHK_Josh/status/1508898702030774277
  15. 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
  16. Here is the Pavia Stadium against an avatar for scale. https://twitter.com/Pavia_io/status/1508787947172151296
  17. 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
  18. 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/
  19. 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
  20. Don’t forget! Cardano 360 is today (March 31st)! https://twitter.com/InputOutputHK/status/1508487598154600454
  21. Vitalik suddenly seems interested in Africa and crypto. https://twitter.com/IOHK_Charles/status/1509232370292981760
  22. 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
  23. 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
  24. 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
  25. The European Parliament has voted in the new law to essentially enforce KYC on self-hosted wallets. https://twitter.com/CoinDesk/status/1509541262302531585
  26. Here’s the March Cardano 360! https://www.youtube.com/watch?v=r6qNwOE9Bvo
  27. 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
  28. 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
  29. 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
  30. The Cardano Summit 2021 won an award for best digital conference. https://twitter.com/FirstEventUK/status/1509650175375118344
  31. Emurgo has invested in Fourier labs which is attempting to build out Plutus native EVM compatibility. https://twitter.com/emurgo_io/status/1510775123405676544
  32. Here’s some information from Singularity.net on their Hypercycle sidechain/L2. https://twitter.com/singularity_net/status/1509927613011218443
  33. The most recent Liqwid community call is now available. https://twitter.com/liqwidfinance/status/1509938871060115471
  34. Even Greenpeace is now complaining about Bitcoin energy usage. https://twitter.com/GhostchainClub/status/1509907792408326151
  35. 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
  36. 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
  37. Reports are coming in that Coti will launch the Djed testnet this week. https://twitter.com/cotihyp3/status/1510743792864796674
  38. The recent Liqwid community call is available. https://twitter.com/liqwidfinance/status/1509938871060115471
  39. Caitlin Long thinks the US crypto industry will split into three camps. https://twitter.com/CaitlinLong_/status/1511137195746279440
  40. Apparently your ReadyPlayerMe avatar in Pavia will be able to wear Adidas. https://twitter.com/Pavia_io/status/1511408080357101568
  41. Activision is considering NFTs for Call of Duty! https://watcher.guru/news/activision-blizzard-might-incorporate-nfts-into-call-of-duty-games
  42. 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
  43. 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
  44. MuesliSwap now has limit swaps as part of their DEX aggregation function. https://twitter.com/MuesliSwapTeam/status/1511356152017264642
  45. Indigo has unveiled a quiz related to its airdrop qualification criteria. https://twitter.com/Indigo_protocol/status/1511421010666749952
  46. 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/
  47. 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
  48. 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
  49. 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
  50. MinSwap and COTI are looking at how best to integrate Djed into Minswap. https://twitter.com/MinswapDEX/status/1512052790625026052
  51. Here are some questions answered by Ross, Pavia Community Manager. https://www.youtube.com/watch?v=Zc9A4tREvkI
  52. Shocker! Reports of more problems from our most problem ridden competitor.. https://twitter.com/Katsumoto87/status/1512002841501655044
  53. If banks are involved with crypto, they now need to notify the FDIC. https://www.fdic.gov/news/financial-institution-letters/2022/fil22016.html
  54. MuesliSwap is going through a redesign. https://twitter.com/MuesliSwapTeam/status/1512090675021447169
  55. 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
  56. 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
  57. The Agora Governance Module from MLabs, Liqwid, and ADAO is now open source. https://twitter.com/liqwidfinance/status/1512414100273471497
  58. Wingriders hints at Ledger compatibility in their DEX. https://twitter.com/wingriderscom/status/1513242395101515778
  59. 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/
  60. Curious how to pronounce names in Cardano? Here you go. https://twitter.com/AnthonyCardano/status/1513479117483778048
  61. SundaeSwap announces some quality of life improvements for its users. https://twitter.com/SundaeSwap/status/1513605929907933198
  62. 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
  63. 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
  64. WingRiders is live on mainnet and there are stablecoins! https://twitter.com/wingriderscom/status/1513865034115739652 https://twitter.com/wingriderscom/status/1513788413631152130
  65. Soon there will be a list of verified Pavia Asset (PCA) creators. https://twitter.com/Pavia_io/status/1513835187343405058
  66. The MuesliSwap Milk token is now live on the Milkomeda version of the MuesliSwap DEX. https://twitter.com/MuesliSwapTeam/status/1513921544812126210
  67. IOHK wants your input on what should be included in Cardano 360. https://twitter.com/InputOutputHK/status/1513914342642790405
  68. 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
  69. 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/
  70. IOHK gave us a big rundown of all the news from the last ten days (4.12.22). https://twitter.com/InputOutputHK/status/1513951540058411008
  71. It turns out that Pavia land parcel ownership is pretty decentralized. https://twitter.com/Pavia_io/status/1514183930605408266
  72. The ETH Merge to proof-of-stake is delayed again! No firm date has been established. https://twitter.com/TimBeiko/status/1514010098145759232
  73. 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/
  74. 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/
  75. 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
  76. People are sounding the alarm about two new projects that have launched on Milkomeda. https://twitter.com/NicoArqueros/status/1514603103860903939
  77. The Vasil Hardfork Combinator event is scheduled for June 29th and is on track. https://twitter.com/InputOutputHK/status/1514637134040346628
  78. The April Mid-Month Update is out and available! https://www.youtube.com/watch?v=B0tojqvMgB0
  79. Alessandro (of SpaceBudz, Berry, & Nami) releases Lucid, a Javascript framework to handle Plutus off-chain code. https://twitter.com/berry_ales/status/1514728197438545937
  80. 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
  81. 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
  82. The word “Solunavax” is now in Urban Dictionary. https://www.urbandictionary.com/define.php?term=solunavax
  83. Our community is so strong, not even Mt. Everest is safe from our reach. https://twitter.com/ArthurPrestidge/status/1515317980942405632
  84. 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
  85. Very harsh technical and other criticism incoming for Cardano competitor Solana. https://twitter.com/Justin_Bons/status/1514646388688232456
  86. Looks like info might come this week about the Cardano Summit NFTs? https://twitter.com/IOHK_Josh/status/1515462695537246208
  87. 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

~Army of Spies


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