Cardano Rumor Rundown September 21, 2022

Hey Everyone!

Let’s go….

Newly Covered Today:

1. 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
2. Virtua’s land plot mint will go live today (Sep 21) for 12 hours at 4pm UTC. https://twitter.com/VirtuaMetaverse/status/1572260495377170435
3. 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
4. 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
5. Tim Harrison says we are now at 73% exchange readiness by liquidity for Vasil. https://twitter.com/timbharrison/status/1572286867143524353

Previously covered, but still interesting:

1. Here’s some very interesting discussion on Hydra vs. ZK-Rollups in Cardano. https://twitter.com/_KtorZ_/status/1560008315597365252
2. Lots of talk about the potential censorship problems in the ETH All Core Devs call today. Just a reminder that Cardano currently doesn’t have these problems since different architecture (e.g. No Flashbots-esque MEV-centric middleware). https://youtu.be/jJaCaS0WbIw
3. LiqwidDAO wants to form a Nonprofit Association in Switzerland to be situated in a jurisdiction with some regulatory clarity. https://discord.com/channels/759807412688388136/981259898551664650
4. Virtua has released some images of the condo towers. https://twitter.com/VirtuaMetaverse/status/1560353042997940225
5. C’mon Canada! Selective caps on crypto transactions now?!? https://twitter.com/mochains/status/1559971309597122560
6. Cornucopias Custom Dome information is here along with game play footage. https://drive.google.com/file/d/1S3m_04-6hGmBPmeP74sZzbIFJIIPeoTC/preview https://twitter.com/RobGreig3/status/1560984962995818499
7. Charles addressed the dialogue around 1.35.3 on Friday (8.19) and it looks like everything has been resolved by August 20.The path for all SPOs to upgrade to 1.35.3 looks clear. https://twitter.com/IOHK_Charles/status/1560666160861184001 https://www.youtube.com/watch?v=K85M3c4VfBQ https://twitter.com/IOHK_Charles/status/1561077286807318529
8. Apparently, MuesliLending will be a thing. https://twitter.com/MuesliSwapTeam/status/1560672945210503169
9. Coinbase has done a great job of summing up the regulatory progress in crypto in a single chart. https://twitter.com/brian_armstrong/status/1561455357448183808
10. Ready Player Me who Cardano knows as the avatar provider to metaverse projects like Reach and Pavia just got a $56 million Series B from a16z. https://twitter.com/readyplayerme/status/1562032070251032576
11. Nick Szabo made a very important prediction about Ethereum half a decade ago that seems to be coming true (in a bad way). Luckily, Cardano is not suffering the same fate. https://twitter.com/phyrooo/status/1562118994353700864
12. Virtua gave us a little peek at what looks like the actual location of the towers on Cardano Island. https://twitter.com/VirtuaMetaverse/status/1562145145901891588
13. Cornucopias has dropped their custom dome video. https://www.youtube.com/watch?v=aL_4dTFKyJk
14. The 1.35.3 adoption continues to climb today (Aug.24). https://pooltool.io/networkhealth
15. Vasil Progress today is showing 40% of blocks in Epoch 359 and 54% of Nodes reporting version 1.35.3. https://pooltool.io/networkhealth
16. Apparently Tether want’s the world to know they haven’t frozen any TornadoCash related addresses. But, they’ll be happy to comply as soon as they are told to do it. https://tether.to/en/tether-holds-firm-on-decision-not-to-freeze-tornado-cash-addresses-awaits-law-enforcement-instruction/ https://twitter.com/Tether_to/status/1562468486886346753
17. It looks like MuesliSwap is now in Private Beta Mainnet for its Hybrid Dex. Vasil era dApps are starting to feel very close. https://twitter.com/MuesliSwapTeam/status/1562425751005442051
18. Coinbase is now getting in on the staking derivatives party. I wonder how much of the total delegation of ETH will end up centralized in this way. https://twitter.com/CoinbaseAssets/status/1562476695357358080
19. Congressman Emmer is formally asking Janet Yellen how OFAC can sanction something that’s not a person or an entity but just code. https://twitter.com/RepTomEmmer/status/1562084891247902721
20. It looks like you can now add data to your ADA Handle. https://twitter.com/adahandle/status/1562832083289968640
21. IOG has released a really nice video on the Mongolia trip. https://www.youtube.com/watch?v=-FmWy1MjuN4
22. IOG has released a Vasil rollout status thread. https://twitter.com/InputOutputHK/status/1562865831708528645
23. Carda Station will be releasing a bunch of new features on August 30th including ReadyPlayerMe indoor avatars. https://twitter.com/InputOutputHK/status/1562865831708528645
24. Cardano is the top ranking cryptocurrency ecosystem in terms of “brand intimacy”…whatever that is. https://mblm.com/lab/brandintimacy-study/industries/crypto/
25. It looks like the Tornado Cash developer arrested by Dutch authorities used to work for a firm that supported the FSB. https://fortune.com/2022/08/25/tornado-cash-developer-russian-fsb-linked-compan
26. Hi! Welcome to JP’s house of S&M. My name is Jerome Powell and I’m going to cause you “some pain.” https://www.youtube.com/watch?v=zJ3sEeArWlw https://www.cnbc.com/2022/08/26/powell-warns-of-some-pain-ahead-as-fed-fights-to-lower-inflation.html
27. It looks like we made it to 79% of SPOs upgraded to 1.35.3 today (Aug 28). https://pooltool.io/networkhealth
28. Cardano is among the cryptocurrencies that will be serviced by the new venture between Mastercard and Binance. https://twitter.com/cz_binance/status/1563713718902558720
29. Cointelegraph published an article on crypto as an inflation hedge by Maladex founder Jarek Hirniak. https://twitter.com/CardanoMaladex/status/1563970082362892288
30. There are disturbing allegations around a law firm & a certain Cardano competitor chain. https://twitter.com/cz_binance/status/1563993112451682307
31. IOG will be launching a free self-paced Haskell Bootcamp course in September. https://twitter.com/InputOutputHK/status/1563239111120781315
32. Here is a detailed rundown of the Vasil upgrade status of stakepools, exchanges, dApps, and downstream components. https://iohk.zendesk.com/hc/en-us/articles/7981157534105-Third-party-readiness-for-Vasil-upgrade
33. Apparently, even ZK-Rollups on Ethereum are more expensive than Cardano’s base layer. https://l2fees.info/blog/rollup-calldata-compression https://twitter.com/dmihal/status/1564261243329937413
34. Check out this map showing World Mobile airnodes in Zanzibar. https://wmtscan.com/
35. IOG has donated $4.5 million for a new Blockchain Research Hub at Stanford University. https://www.coindesk.com/business/2022/08/29/cardano-builder-iog-funds-45m-blockchain-research-hub-at-stanford-university/
36. IOG has open sourced Mithril. https://twitter.com/InputOutputHK/status/1564278732050817029 https://github.com/input-output-hk/mithril
37. There is a lot of metaverse attention these days. Blackpink won a “Best Metaverse Performance” award at the VMAs while Eminem and Snoop actually performed as PFPs in a metaverse-like setting. https://twitter.com/MTVNEWS/status/1564031771821457409 https://twitter.com/MTVNEWS/status/1564078580602208256
38. It looks like Charles has invested in Pezesha, a Kenyan lending platform. https://twitter.com/hildamoraa/status/1564564886331559936
39. Tell me that Ethereum already knows it’s staking system is terrible without telling me it already knows. https://twitter.com/StakeWithPride/status/1564583964429279233
40. A Solana DeFi platform accidentally “closed” its application and now “it’s not recoverable”. https://twitter.com/OptifiLabs/status/1564367455220219904
41. ADA Realm is showing us more of their avatars. https://twitter.com/AdaRealm/status/1564676410945552392
42. Even the FBI is talking about the Robbery Forest now. https://twitter.com/FBI/status/1564337233217273857
43. Future Fest has fleshed out some more of its ideas around human gig work in the metaverse. https://twitter.com/futurefestxr/status/1564702490964025345
44. Daily volume on OpenSea has dropped 99% in 90 days! https://cointelegraph.com/news/looks-bare-opensea-turns-into-nft-ghost-town-after-volume-plunges-99-in-90-days
45. Here’s the latest Vasil upgrade status report from IOG. https://twitter.com/InputOutputHK/status/1565028360136400896
46. ReadyPlayerMe indoor avatars along with multi-player racing are now live in Carda Station. https://twitter.com/Carda_station/status/1564815029052100608AADA is apparently launching its borrowing and lending platform on September 13. https://twitter.com/AadaFinance/status/1564877533199351811 https://twitter.com/mandriuska/status/1564890212148420608
47. Sorry crypto! It turns out code is not law. https://www.theverge.com/2022/8/31/23330458/crypto-dot-com-typo-mistake-refund-audit https://twitter.com/Andrea_Tosato/status/1564782498093080576
48. Cardano is now on Robinhood! https://twitter.com/RobinhoodApp/status/1565323169409351681
49. We are in the very first phases of people understanding the immense power of machines. https://twitter.com/GenelJumalon/status/1564651635602853889 https://twitter.com/N8iveToEarth/status/1565412568411553792
50. Test versions of Daedalus upgraded for Vasil are now out. https://twitter.com/InputOutputHK/status/1565376258841759746
51. IOG released a whole article on zero knowledge proofs. https://iohk.io/en/blog/posts/2022/09/01/zk-snarks-updatable-setups-on-the-blockchain/
52. If you want to pick up some really interesting ADA Handles that might have great sub-handle potential, please consider buying one from Kyrylo. There is an important back story here (as related on Kyrylo’s website): He is a Cardano community member from Ukraine (now a refugee with his family and 3 year old daughter). He is selling his ADA Handles to help pay for treatment of his father’s aggressive lung cancer. https://twitter.com/kirill4mula/status/1564207490283208704 https://kir.life/adahandle.html#why
53. Coinbase is finally “in progress” on their Vasil upgrade! https://twitter.com/timbharrison/status/1565734958706065409 https://iohk.zendesk.com/hc/en-us/articles/7981157534105-Ecosystem-readiness-for-Vasil-upgrade
54. Vasil is coming September 22nd. https://twitter.com/IOHK_Charles/status/1565742403931508738
55. Twitter finally gave Tim Harrison a blue check mark. https://twitter.com/timbharrison/status/1566314586311213056
56. ADA Handles has released a video on sub handles. https://twitter.com/adahandle/status/1566801869225148417
57. It’s not just projects who become victims of the Robbery Forest. https://twitter.com/ThaMacroMan/status/1566793334303121409
58. If you want a solid rundown of metrics on other L1s for comparison to Cardano, check out “Just the Metrics” by Sooraj & Laura. https://just-the-metrics-newsletter.beehiiv.com/ https://twitter.com/Soorajksaju2/status/1566768702909022208
59. Alessandro of SpaceBudz has unveiled some details on Lucid, his easy to use Javascript library for building dApps on Cardano. https://twitter.com/berry_ales/status/1566870570024706057
60. It looks like Reach Metaverse is going to be live on September 30th? https://finance.yahoo.com/news/reach-announces-largest-live-cardano-224600908.html
61. Pavia dropped a video showing portals and is talking about token gated portals. https://twitter.com/Pavia_io/status/1567146448403193857
62. Joshua Miller is transitioning from IOG to become the VP of Partnerships at CWorld which is a joint venture between IOG and Wave Financial that will focus on Cardano Web3. https://twitter.com/CWorld_Josh/status/1566896063750889472
63. The reductions in transaction fees and transaction size under Vasil appear to be huge! https://twitter.com/IOHK_Charles/status/1567192925871939584
64. Binance is apparently forcing “auto-conversion” of some user stablecoins to their own stablecoin? https://www.binance.com/en/support/announcement/e62f703604a94538a1f1bc803b2d579f?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial https://gizmodo.com/binance-stablecoin-usdc-crypto-1849499652 https://twitter.com/PaxosGlobal/status/1567196183084531712
65. You can now short Cardano NFTs! https://www.guchi.io/ https://twitter.com/guchi_io/status/1567251808430555136
66. Virtua just dropped their first Dev update. Jawad gave a nice rundown of what’s happening with Cardano Island. It sounds like there will be a few weeks of testing and then the land claim will go down. https://youtu.be/6ztvEmv9AoQ
67. Indigo says it has completed Vasil integration. https://twitter.com/Indigo_protocol/status/1567498585775738882
68. Pavia is hinting a leak. From the hashtags it possibly involves lore related to Pavs. https://twitter.com/Pavia_io/status/1567550847701090305
69. There is now a Cardano wallet-to-wallet chat system called Mercury Chat. https://twitter.com/TheAvatarNick/status/1567234721016414215 https://twitter.com/MercuryChatio
70. Voteaire is now available for projects to accomplish governance. https://medium.com/@voteaire/voteaire-is-here-79adf0d514f7
71. Army of Spies has been included in the ten SPO finalists for the MuesliSwap governance vote starting today (Sept. 9). https://twitter.com/MuesliSwapTeam/status/1567929613036277765
72. Virtua is having a Kevin Hart metaverse event tomorrow. https://twitter.com/virtua_official/status/1567944755065098240
73. Charles has released a video on the energy and climate implications of crypto in the U.S. https://youtu.be/TEpC2PN2IGY
74. Reach is currently making the transition from Reach Metaverse 1.0 to Reach Explorer 2.0. https://twitter.com/ReachMetaverse/status/1568019464238628866
75. ADA Whale makes a very good point regarding VC money in Cardano. https://twitter.com/cardano_whale/status/1567872786504511488
76. The Carda Station Community Hub is now open. https://twitter.com/Carda_station/status/1567596291324010497
77. Reach metaverse has a new website. https://app.reachcloud.org/
78. There is a Cardano based social media platform launching. https://twitter.com/chain_lobby/status/1563599278874185734
79. Sooraj makes an interesting point about the number of delegators in Cardano compared to some competitors. https://twitter.com/Soorajksaju2/status/1568686884905447424
80. ADA Handle has released a thread about subHandles. https://twitter.com/adahandle/status/1568683214541299712
81. Joseph Delong has an interesting take on what 80% of crypto twitter is actually doing. https://twitter.com/josephdelong/status/1568626489066668042
82. Liquid has begun its audit of the Agora Governance contracts with Vacuum Labs. https://twitter.com/liqwidfinance/status/1569340260659625987
83. Reach has released info on the distribution of plots (eg. grass, beach, snow, etc.) in their metaverse. https://discord.com/channels/809466032237969460/926198215114625024
84. Virtua released Dev Update #2 which gave us a nice behind-the-scenes look at production in their studio. https://www.youtube.com/watch?v=awRbJKuOkJc
85. A lot of new Vasil upgrade readiness shown here. https://iohk.zendesk.com/hc/en-us/articles/7981157534105-Ecosystem-readiness-for-Vasil-upgrade
86. 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
87. Here’s an interesting revelation about how Solana stores the block history (hint: google). https://twitter.com/MicheleHarmonic/status/1569368081507532802
88. Check out this demo of “Edendale” from Reach Metaverse. https://www.youtube.com/watch?v=vx8nhChvrIE
89. NMKR is introducing NFT licenses to delineate what you can and cannot do with NFTs. https://twitter.com/nmkr_io/status/1569566543763361793
90. P2P lending and borrowing is now live on AADA. https://twitter.com/AadaFinance/status/1569674268723630080
91. There’s a new video about the IOG Stanford Blockchain Research Hub. https://www.youtube.com/watch?v=Fi__9JDTPzY
92. 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
93. 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
94. Only 8 days until Vasil!!!!
95. 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/
96. 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
97. 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
98. 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
99. There’s a free NMKR airdrop afoot. https://twitter.com/Padierfind/status/1570134774454554624
100. 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/
101. ADA Realm says it is going to launch its own marketplace in Q4. https://twitter.com/AdaRealm/status/1570480257454714880
102. 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
103. There’s a new Cardano Island AMA with some new details. https://blog.virtua.com/virtua-news/cardano-island-update-september-13-2022/
104. There’s an Eternl update coming out today (Sep 15) and it has a fiat onramp for ADA. https://twitter.com/eternlwallet/status/1570340765179715586
105. 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
106. Maladex hints at something coming on the 28th of September. https://twitter.com/CardanoMaladex/status/1571469106569965569
107. 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
108. The Vasil update proposal has been submitted to the chain! https://twitter.com/InputOutputHK/status/157155844597049753
109. 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
110. 3D Kiwi now has regression based heatmaps to help estimate values. https://pavia.3dkiwi.io/heatmap_pred/pavia
111. EdnStuff posts a few interesting pie charts on holder concentration in Bitcoin, Cardano, Algorand, and Ethereum. https://twitter.com/EdnStuff/status/1570997096496627716
112. 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
113. Maladex says the surprise coming on the 28th is not the platform launch but something big. https://twitter.com/CardanoMaladex/status/1572002320808030211
114. 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/
115. 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

~Army of Spies