WWR#32: Habermeier's New Focus & Polkadot's Asynchronous Backing
2023-10-07
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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
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Polkadot Ecosystem
General News
Rob Habermeier's New Path: From Parity Technologies to Decentralizing the Polkadot Ecosystem
Rob Habermeier bids farewell to Parity Technologies after seven fruitful years, leaving on stellar terms with the leadership.
Habermeier now takes aim at the Polkadot ecosystem, shifting focus to decentralizing development, actively participating in shaping Polkadot technology, and creating a new team.
Unleashing Polkadot 1.0's Potential with Asynchronous Backing: The Future of Scalability is Here
Polkadot introduces 'asynchronous backing,' an enhancement to its parachain consensus protocol, leading to a 4x improvement in blockspace production and a 2x increase in throughput. This optimization enables better transaction performance and sets the stage for future scaling enhancements.
The new feature shall be rolled out in stages, beginning with Versi and Rococo testnets, followed by Polkadot's on-chain governance system for community voting. Successful implementation on the Kusama network will pave the way for a complete rollout on Polkadot, ensuring seamless scalability, improved performance, and enhanced user experience.
Polkadot Ecosystem Flourishes: OAK Collaborates, Innovates & Educates
OAK Network recently co-hosted a widely attended Polkadot SF Meetup and conducted empowering workshops for the Polkadot Relayers Incubator, extolling the synergies of OAK and the Moonbeam Network.
September saw a spurt in OAK developmental contributions including Price Automation for Turing Network, a tailored demo for ArthSwap on Astar Network, and an improved version of their new SDK. Visit their technical documentation for an in-depth understanding.
Riding the Web3 Wave: Unfolding CLV Wallet's Revolutionary Q3 2023 Journey
Q3 2023 was a tale of innovation, collaboration, and constant progress for CLV Wallet, reflected through key events like EthCC Paris and Token 2049 Singapore, and strategic partnerships such as the tie-up with Galxe.
With an aim to accentuate user experience and bolster security, CLV Wallet introduced sweeping updates and became a launch partner for Galxe's cutting-edge protocol, underlining its commitment to digital trust in the evolving Web3 arena.
Unveiling the Power of Token Bonding Curve in the SORA Ecosystem
Centered around the innovative use of smart contract technology, the Token Bonding Curve (TBC) controls the supply of XOR tokens in the SORA ecosystem, assuring stability while evading boom-bust cycles.
TBCD, the Token Bonding Curve Dollar, a stablecoin backing the TBC, provides stability, enhanced liquidity, and farming opportunities in the expanding DeFi world.
Reinventing Blockchain Security: Integritee's Groundbreaking Month of Achievements
Integritee clinches the coveted TOP 100 Public Voting – Security Vertical at the Swiss Startup Award, reinforces its mettle in enhancing blockchain security in partnership with OVHcloud and Intel, and pushes the envelope with innovative blockchain solutions for the aerospace industry.
CTO Alain Brenzikofer dazzles at Sub0 with his talk on enhancing privacy in cross-chain messaging, while the company also rolls out a new developer version of the Integritee SDK, a big leap forward in supporting multichain interactions.
Revolutionizing Blockchain Interactions: OAK Network's New Data Monitoring Dashboard and GraphQL API
OAK Network introduces Insight services, a suite of user-friendly data monitoring tools including a dashboard and a GraphQL API. This boosts efficiency and accessibility of complex automation data across OAK Network, Turing Network, and Turing Staging Network.
Users will now receive real-time notifications of specific on-chain tasks via email or telegram, and the dashboard allows for seamless integration of varied datasets. OAK Network welcomes feedback from developers in the Polkadot ecosystem.
Sailing Beyond Borders: SORA's Groundbreaking Blockchain Innovation
As autumn falls, SORA forges ahead with blockchain advancement – pushing the envelope for a more inclusive, beneficial financial infrastructure. A monumental stride includes the imminent release of the SORA Substrate bridge, with major implications for countries globally.
Recent highlights include a successful blockchain upgrade introducing asset pooling and promising developments like the multi-EVM bridge, Kensetsu implementation, and the 3.4.0 SORA Ecosystem release. Further, the SORA Builders Programme seeks innovative proposals and remains keen on shaping the future of blockchain technology.
NFT News
Crowning Success: The Kusama Kingdom's 'New Royals' Community On A Rise
The 'New Royals' document narrates the growth of the Kusama Kingdom's community, showcasing a vibrant collection of kings and queens that has developed over the last two years.
Trading volumes and floor prices have seen a significant rise in the past week, indicating a surge in new memberships and increasing interest in the collection.
From Adversity to Triumph: Queens Jewels DeFi Fund Celebrates Stellar One-Year Milestone
Queens Jewels DeFi Fund for Kusama Queen holders marked its one-year anniversary last week. Despite early challenges, including a $40k loss, the fund now impressively stands at $132,022.
The company achieved over 25% APY (annual percentage yield) through DeFi strategies and has fully recovered the community fund. Plans for future expansion include collaboration with the next elected Royal Farmers and granting holders voting rights on quarterly rewards distribution.
Unveiling the Future of Evrloot: Exciting Game Updates That Will Thrill You!
The much-awaited Evrloot updates consist of in-game tweaks, live Lunar Gaming Festival Claim, and the ability to unlock NFTs through mission contracts, taking the gaming experience to a whole new level.
Mercenary Plans are on pause for the introduction of Expeditions, a strategic concept aimed to intensify combat decisions and fuse with the game's crafting and resource systems, promising a more immersive gaming experience.
Elevate Your Game! Zero Sum's Latest Updates Unveiled
Zero Sum, a vibrant web3 game by Moonsama, has rolled out exciting updates to improve player experience, including a referral system, enhancements to the user interface, and an indexer.
The new referral system lets players invite friends and receive rewards, fostering friendly competition as they strive to ascend the leaderboards.
A Major Win for the Metaverse: Bit.Country Secures a Parachain Slot on Polkadot
Bit.Country and Metaverse. Network has bagged a significant achievement by securing a parachain slot on Polkadot for Continuum, propelling their vision for an interconnected and autonomous metaverse landscape.
The platforms promise to introduce innovative features and thrive on active participation in industry events and community engagement, as they aim to shape the future of digital interactions.
DeFi News
Breaking Records and Building Bridges: Beamswap's Stellar Month Recap
Beamswap announces a strategic collaboration with Prime Protocol, enhances the potential of the Moonbeam network by joining Moonbeam Ignite's liquidity initiative, and achieves a record volume on Beamex with the integration of BrainDex Router.
In addition to these strategic moves and technological advancements, Beamswap has invited active community engagement through DeFi Competitions and has been featured on the web3 dedicated platform, Builda, marking a month of remarkable progress and growth.
Unlocking the Secrets of LCDOT Staking: A Comprehensive Guide
This all-encompassing narrative sheds light on LCDOT, a token standing for Liquid Crowdloan DOT, its trade on AcalaSwap, and its Single-Side Staking mechanism through Euphrates liquidity DApp.
Further breaks down the set-up of the innovative Unified Account System merging Ethereum and Substrate wallets, while illustrating the trading process and profits from LCDOT staking.
Revving up the Bitcoin Renaissance: Interlay's Trailblazing Updates - September 2023
Interlay continues to revolutionize the Bitcoin landscape, introducing the Bitcoin layer 2 stack, BOB. The firm took part in Messari Mainnet Conference 2023 and is spearheading the integration of Fiat on-ramp service for parachains in the Polkadot ecosystem.
The firm's Bitcoin token, iBTC, extends its reach to Moonbeam, and native USDC now gets support. Interlay’s DeFi hub is set to unlock new use cases, while governance discussions on INTR tokenomics, vDOT Vaults, and website multilingual support make headway.
Pioneering DeFi: Equilibrium Joins Polkadot Asset Hub & Launches Liquidity Tools
Equilibrium expands its footprint in the DeFi ecosystem by becoming the first parachain to join the Polkadot Asset Hub, integrating tokens EQ and EQD, and launching the LSD Hub for liquid staking.
Engagement features, including the AirLyft campaign and EQD incentivized pools on Beamswap and ArthSwap, coupled with key partnerships like Pendulum and Banxa, enhance accessibility and promise a seamless experience to the EQ community.
Outside Polkadot
Big Crypto Reveal: Banks Ordered to Disclose Digital Asset Holdings
The Basel Committee on Banking Supervision is proposing that banks publicly disclose their cryptocurrency holdings, with the aim of reducing risk and preventing banking collapses.
The move follows major disturbances in the traditional financial sector, with the sudden popularity of crypto cited as impacting financial stability and contributing to the downfall of institutions such as the crypto exchange FTX and Signature Bank.
Smart Contract-Powered Trading Revolution: HKEX Launches Synapse
Hong Kong Exchanges and Clearing Limited (HKEX) introduces Synapse, an innovative settlement acceleration platform employing smart contracts. This platform will improve operational efficiencies and streamline post-trade flows. It will be available on Stock Connect – a service that provides international access to mainland Chinese stocks.
Amidst Hong Kong's transformation into a hub for Web3 firms and its encounter with the largest Ponai scheme in its history, Synapse enhances trade confirmation workflows, confirming HKEX's commitment to technological advancement and secure trading infrastructure.
Defying the Odds: CMCC Global Launches $100M Crypto Fund Amid Industry Slump
Hong Kong venture capital firm CMCC Global raises a $100 million Titan Fund, targeting Asian blockchain start-ups, despite a significant slump in the crypto industry.
Amid regulatory uncertainties and a shifting policy landscape, Hong Kong is poised as a new hub for fintech innovation, with multiple companies establishing or relocating their operations in the city.
SEC's Appeal Rebuffed: Ripple's Sweet Victory Boosts XRP Value
A federal judge rejected the SEC's appeal to overturn its loss to Ripple Labs, citing the lack of faults shown in the previous verdict.
Ripple celebrated a minor victory with a positive market response, increasing XRP's value as the SEC gets another chance to appeal post-trial in April.
Crypto Evolution: Ether Futures ETFs Debut amidst Bitcoin Price Rally
A spectrum of ether futures ETFs, including BitWise Ethereum Strategy ETF, ProShares Ether Strategy ETF, and VanEck Ethereum Strategy ETF, have launched, indicating crypto market expansion. These strategy ETFs offer financial professionals and investors an easier route to exposure in this dynamic market.
The article also discusses the SEC's potential approval of a spot bitcoin ETF, signaling a bullish trend in cryptocurrency. It concludes by mentioning the recent rally in bitcoin prices and the varied tax treatments of different ETFs.
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