PANews news on January 18, according to PolkaWorld reports, Snowbridge developer Clara shared on the X platform that it has successfully passed Snowbridge to present a Cross-Chain Interaction transfer from Ethereum's Testnet Sepolia to Polkadot Testnet Rococo. This means that the current tests have been very successful and Snowbridge will soon be launched on the Kusama network. It is reported that Snowbridge will be deployed on Kusama first, followed by Polkadot. The two deployments will be independent. Both deployments will bridge to the EthereumMainnet. There are currently no plans to bridge to other Ethereum networks. At launch, two-way transfers of Ethereum, ERC20 Tokens, DOT, and KSM will be supported. At the same time, there will be a client library that will allow third-party teams to build frontends around the bridge. After launch, it will follow future upgrades to implement more features requested by the community. Snowbridge is a suite of libraries and services for trustless bridging between Ethereum and Polkadot. Snowbridge brings true innovation to Cross-Chain Interaction, not only for Polkadot, but also for the broader Blockchain ecosystem. It is the only Polkadot <>Ethereum bridge that is completely Decentralization and trustless. While many other Ethereum bridges already exist, they all compromise in some ways. Snowbridge is not only used to bridge assets, but also to bridge arbitrary states. This means that it is not limited to transferring Crypto Assets or Tokens, but can also handle a wider range of data and information types, such as cross-chain interaction messaging. Parachains have high demand for Ethereum bridges, and some chains have introduced more centralized bridges as a stopgap measure. However, without Snowbridge, these stopgap measures pose multiple systemic risks to the Polkadot ecosystem.

PANews News on December 25, the market shows that the Polkadot ecological Token has fallen, Moonriver (MOVR) is now at $33.93, yesterday's highest rose to $44; Kusama (KSM) is now at $51.54, the previous highest rose to $64.5; Acala (ACA) is now at $0.1374, yesterday's highest rose to $0.16; Glimmer (GLMR) is now at $0.5577, yesterday's highest rose to $0.64.

PANews news on December 24, the market showed that the Polkadot ecological Token rose, and MOVR rose to $39.41, a 24-hour increase of 171.81%; ACA rose to $0.1566, up 87.96% in 24 hours; KSM rose to $49.95, up 42.77% in 24 hours; GLMR rose to $0.5942, up 35.04% in 24 hours.

The Lastic team announced the first Coretime broker deal (a transaction between buyers and sellers coordinated and facilitated by an intermediary or broker) on the Kusama network. On November 9, 2023, Lastic won the parachain slot by defeating Shiden (Astar) and Turing Network (OAK Network) in a parachain auction on the Kusama network. Over the past week, after negotiations between Lastic and Shiden, Lastic agreed to sell these leases to Shiden in exchange for KSM and Shiden Network Token (SDN). On November 17th, the Shiden network officially took over the leases on-chain, and now Shiden owns them, successfully extending its slot term on Kusama. While Coretime has not yet been deployed on Kusama, this transaction is a proof of concept using an existing parachain model. （PolkaWorld）

Odaily Planet Daily News Bryan Chen, co-founder of Acela Co-founder, posted on the X platform that there is an XCM bug in the new Kusama runtime, the funds are safe, and some governance proposals will be proposed to unlock the trapped funds. Bryan Chen said he received reports that users did not receive KSM on Karura when they made XCM transfers from Kusama. The execution on Kusama's side appears to have been successful, but Karura's side has not received any funds. Upon investigation, it was found that this issue started to occur after a new Kusama runtime upgrade. The e2e-tests integration test suite also confirms this issue.

On November 10, Bryan Chen, co-founder of Açala, said that there is an XCM error in the new Kusama runtime, the funds are safe, and there will be some governance proposals to unlock the trapped funds. Bryan Chen said he received reports that users did not receive KSM on Karura when they made XCM transfers from Kusama. Upon investigation, it was found that this issue started to occur after a new Kusama runtime upgrade. The e2e-tests integration test suite also confirms this issue.

According to PANews news on June 21, according to Polkaworld reports, after successfully lending 50,000 KSM to the Kusama treasury for liquidity loans last year, the multi-chain middleware platform Bifrost once again initiated a proposal to apply to the Kusama treasury to lend 50,000 KSM (with interest repayment) as the basic liquidity of KSM and vKSM. The report pointed out that Bifrost's proposal is the only proposal that applies for liquidity from the Kusama treasury and helps the Kusama treasury to achieve profitability. Funded by the liquidity of the Kusama treasury, Bifrost has encouraged vKSM and vDOT single currency mining for more than a year in the past year, attracting users to use Bifrost, and deploying vKSM on other parachains and protocols. KSM pledged through Bifrost increased from 70,108.1841 KSM to 347,823.6972 KSM, a growth rate of 396.12%. Bifrost will repay the loan and interest in the first proposal on July 20, 2023.

Odaily Planet Daily News full-chain LSD protocol Bifrost launched a #Polkassembly proposal, requiring the Kusama treasury to provide a total of 50,000 KSM loans as the basic liquidity of KSM/vKSM trading pairs; this proposal is exactly the same as the successful proposal last year, and There is interest.