Potentially Notable News

Cryptocurrencies

• Cardano (ADA) became available for purchase on Robinhood.

• Sapphire, a confidential EVM compatible ParaTime went live on Testnet.

• Helium core developers proposed moving Proof-of-Coverage and Data Transfer Accounting responsibilities over to the Solana network.

• Specular, an EVM-native Optimistic rollup went live on Testnet.

• Moonbeam expanded interoperability capabilities with LayerZero, an Omnichain interoperability protocol.

• Emin Gün Sirer, the founder and CEO of Ava Labs (Avalanche) responds to Cryptoleak’s accusations that Ava Labs attacked Solana and conned the SEC in a conspiracy with the law firm, Roche Freedman.

Decentralized Finance (DeFi)

• Aada Finance launched the first lending Decentralized Application (Dapp) on Cardano.

• The Build N Build (BNB) chain introduced liquid staking with Ankr, Stader, and pStake.

• OptFi program devs accidentally close the program on Solana mainnet leading to over 600k locked.

• The DFlow standard for open, provably fair, and decentralized payment-for-order-flow (PFOF) is officially on Solana mainnet.

• CoinMarketCap and Spartan Labs published a report on the state of the DeFi industry.

Non-Fungible Tokens (NFTs)

• A16z published standards for NFT licenses.

• Opensea announced support for Polygon on Seaport, an open-source, web3 marketplace protocol.

• DeGods, a Solana NFT project announced plans buy a team stake in Ice Cube’s BIG3 League.

• Free-to-own: The new Web 3 model where the developer puts out in-game assets for free before the free game comes out to create a loyal and excited fan base.

• Meta announced it’s going to start testing NFTs on Instagram.

• Art Blocks engine is the latest offering by Art Blocks, focused on sharing generative systems through meaningful partnerships with brands and creators.

• GOAT swap, a decentralized NFT exchange launched on Solana.

• Sudoswap, a decentralized NFT exchange on Ethereum announced a token airdrop.

Metaverse

• Eminem and Snoop Dogg performed “From the D 2” at the 2022 VMAs featuring NFTs from the Bored Ape Yacht Club.

Decentralized Autonomous Organizations (DAOs)

• Web3 Domain Name Service could lose its web address because the programmer who can renew it is in jail.

Laws and Regulations

• DC Attorney General announced a lawsuit for tax fraud against Michael Saylor, the founder and executive chairman of Microstrategy.

• The Province of Mendoza in Argentina now accepts stablecoins as an option for tax payments.

• Singapore is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptos like Bitcoin.

Web 3

• Levan, the co-founder of Jigger, a Web 3 anti-bot, published research stating on average, every web3 game has 40% bots.

• The Ethereum foundation announced open applications for the Ethereum Protocol Fellowship (EPF).

Web 3 Resources

• Framework Ventures published an analysis of Web 3 compensation.

• Coinbase published a guide for Web 3 development.

Writer’s Note

None of the views expressed in any of the links are representative of Mix3d or Mix3d members.

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