Hey Buddies!
We've scoured the web for the most exciting news from the Polkadot ecosystem and beyond.
So grab a drink, sit back, and catch up on all the cool stuff happening in the world of Web3.
What's inside
Buddies Street News
Polkadot Ecosystem
General News
NFT News
DeFi News
Outside Polkadot
Buddies Street News
An overview of all the things that happened last week on Buddies Street.
LFG BUDDIES: The Great Investing Challenge
You can still inscribe for the challenge until April 27th.
Polkadot Ecosystem
General News
peaq & Fetch.ai Team Up for AI-Powered Automation
Peaq and Fetch.ai join forces to bring Microagents to the Economy of Things! Entrepreneurs and developers can now create and deploy AI agents on peaq, driving automation and optimization for various business processes. Say hello to the future of AI-driven ecosystems!
Unique Staking Hub: Stake UNQ & QTZ for up to 20% APY!
Stake UNQ & QTZ tokens effortlessly on the Unique Staking Hub and earn up to 20% APY while backing the Unique Network ecosystem. Enjoy partial unstaking for improved liquidity and use staked tokens to fund dApp transactions. Get ready for smarter fund management!
Arweave: A Game-Changer for Data Storage & Management
Discover Arweave, the blockchain network revolutionizing data storage with permanent, immutable storage and low costs. Ideal for privacy and security, Arweave's easy integration and decentralization make it perfect for future-focused data management. Say goodbye to data loss!
Darwinia Network Hard Fork Upgrade: April 24th
Heads up! Darwinia Network's hard fork upgrade is set for April 24th, merging Darwinia1 and Darwinia2. This change creates a single chain, but blockchain parameters remain the same. Note: RING deposit/withdrawal on Darwinia1 may be affected on CEX during the upgrade. Stay informed!
NFT News
Dive into the Metaverse with Pondsamas & Earn On-Chain Rewards
Cast your line into the world of web3 gaming and catch Pondsamas to compete for on-chain rewards. No NFT ownership needed, and NFT owners share the prize. Grab your desktop client on Steam for easy onboarding and updates. Let the web3 gaming adventure begin.
EVRLOOT's Magic: Vibracite Crystals, Legends & Risks
Unravel the secrets of Resonance magic in Estra, where Vibracite crystals unlock spells like elemental manipulation & telekinesis. Linked to the Aspects legends, they come in Cores, Shards & Dust forms. Beware of "Silverization" side effects & use with caution.
Veil of Time: NFT Owners Play Now, Free Access April 21st
The Veil of Time is open for NFT owners! Begin your journey by visiting the website. Non-owners, have access since April 21st. Game on.
Bluez NFT Marketplace Launches on Astar Network
The wait is over! Dive into the world of digital art & collectibles at the community-driven Bluez NFT marketplace, now live on the Astar network. Head to bluez.app and start your NFT collection today.
DeFi News
GauntletNetwork Submits 2 Moonwell Improvement Proposals
GauntletNetwork proposes unpausing supply on Moonwell (except BTC.multi) with MIP-44 & MIP-45. The MIPs cover risk parameter adjustments and recommend unpausing supply for various tokens. Onchain voting now open, have your say on the future of Moonwell.
Bifrost Launches $vETH Token Redemption
Started April 20th, redeem your $vETH tokens for $ETH on bifrost.app/vstaking/vETH. Keep in mind, redeemed $vETH will lose combined APY benefits. Enjoy Bifrost's speedy redemption process (under 2 weeks), but be aware of potential Ethereum network delays.
Migrate to Pulsar V3 for Higher Yields
Boost your earnings by transitioning liquidity to Pulsar V3! Don't let your V2 farm liquidity go to waste - migrate your LP to Pulsar ASAP. Head to app.stellaswap.com/migrate/v2 to start the migration process and enjoy higher yields today.
Outside Polkadot
Web3 Startup Funding Plunges 82% YoY
Venture capital funding in Web3 startups drops 82% YoY, from $9.1B in Q1 2022 to $1.7B in Q1 2023 - the lowest since Q4 2020. Deal numbers also decline, as investors shift focus to familiar industries like cybersecurity & SaaS. Will Web3 bounce back?
Pepe Token: Crypto Meme Trend
Crypto Twitter is all about Pepe tokens. Launched last week, this meme-based coin saw a 21,000% value increase in 3 days, hitting $30M trading volume on Uniswap & a $33M market cap. But remember, it's not connected to the original meme creator.
Starbucks Launches First Store NFT Collection
Starbucks unveils a 5,000-piece NFT stamp collection on Polygon, inspired by its original Seattle store. Priced at $100 each, these multimedia collages grant 1,500 points in the Starbucks Odyssey app. Early access for existing NFT stamp holders started on Wednesday.
Dormant Bitcoin Wallet Moves $60M
A Bitcoin wallet inactive for 9 years recently moved 2,071.5 BTC (over $60M) to a "bc1q" address. Initially worth $4M in 2013, the 6,071.5 BTC stash is now valued at $176M. The reason for this movement remains a mystery, but could be large investors protecting their assets.
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