Cardano RealFi Weekly Newsletter - Issue #56
Liqwid Finance Security Issue
Liqwid finance had to stop their application over the weekend due to a security vulnerability that was found. The vulnerability has been fixed and the application is back online. Post mortem has not been released yet.
This week we saw WMT climb 8.61%. They have released more details about their sidechain and plans for US.
LQ down 4%. Emissions may be coming out soon and the security flaw may have caused extra sell off.
MIN was up 11.46%. Outside of the Cardano ecosystem we have seen people talking about it.
INDY up 44.48%. No change to emissions.
MELD down 5.97%. No news.
AGIX up another 11.40%. NTX another AI token up 88.72% Is the AI boom over?
VYFI up 9.80%. Couldn’t find any news on why.
SUNDAE up 23.80% and GENS up 18.49%. Maybe more eyes are on Cardano DeFi.
Hosky token fell to 11th.
Mocossi Gameplay
I checked out the Mocossi Planet game over the weekend. You can watch my video breakdown if you want to know more. The pet simulator portion seems like it would be a lot of fun for kids.
Fluid Tokens Hack
A member of the Fluid tokens team was sent a malicious piece of software that ended up giving up control of his wallets and social media accounts. Fees collected over these last few months were taken and they will be implementing a multisig for their funds in the future.
Ardana Update
Ardana has sent out the remaining tokens for their seed and private sale. Looks like they are trying to find a way forward with this project but at this point I don’t see why. We already have multiple stablecoins and stableswaps being implemented.
Kraken Shutters Staking Operations
Kraken no longer offers crypto staking after they settled with the SEC. This has brought up a lot of questions for Cardano Staking. Right now it seems to only impact staking by centralized entities but Charles seems to be prepared in case that changes.
Indigo Team Change
The CPO of Indigo, Robert Roose, will be leaving the project. No details on what his next role will be and who will be taking over as CPO.
CypherKicks Move 2 Earn
Looks like CypherKicks could be entering the Move 2 earn sector. They released some information on their roadmap about developing the app. (Full disclosure I own some CypherKicks). Will be interesting to see what they release.
Rare Evo 2023
Tickets for Rare Evo 2023 are now on sale. If you are interested in going you can use the my coupon to get a discount on tickets. I had a lot of fun at the event last year.