This newsletter offers a guide to Komodo stakeholders by gathering the resources they may need. It highlights recent developments, ecosystem insights, food for thought, and more!In this edition ⤵️

• Q4 2024 Progress
• Quotes from Kadan
• A Day in the Life of a Komodo Developer
• Community Corner
• Upcoming Events
• Crypto Quiz
• Historical Crypto Events
• Degen Glossary

⚙️ Q4 2024 ProgressDecember 2024In December, while releasing new updates for Komodo DeFi Framework and Komodo Wallet, we also temporarily removed the DEX and bridge features of Komodo Wallet. If you're curious about what happened during this challenging period for us, you can read our blog post.KDF updateKomodo DeFi Framework v2.3.0-beta release is live!Noteworthy:

• Initial/partial 1inch API integration with various new RPC endpoints
• Security fix on peer-to-peer network

Core updateRe-managed and updated office infrastructure for Jenkins upgrade, including Java upgrades on the base host and all agents.Assisted the GLEEC team in integrating the daemon into their card platform, resolving transaction visibility issues.Optimized infrastructure by transferring resources (e.g., fallback path dependencies storage for KomodoOcean) to new VPS to reduce running costs.Performed code optimizations on KomodoOcean's komodod (core daemon).KW update

• Komodo Wallet (web) v0.8.2 Is Live!

We’re excited to announce the latest Komodo Wallet (web) release, designed to enhance reliability and deliver a seamless user experience.This update brings expanded support for new coins and tokens and improved visual feedback for easier crypto asset management.Read More ->

• Komodo Wallet (desktop) v0.8.2 Is Live!

The latest update to Komodo Wallet (desktop) includes expanded coin listings and an improved user experience.Read More ->November 2024Komodo DeFi Framework (KDF) v2.2.0-beta Release 🎉We’re excited to announce the v2.2.0-beta release of Komodo DeFi Framework (KDF), featuring major upgrades and optimizations to improve functionality and user experience.🚀 Key UpdatesCustom Token Support
Interact with any ERC-20 token by simply providing the contract address — no pre-configuration needed.Connection Health Checks
A new system ensures robust and reliable peer connections, enhancing stability and performance.Electrum Client Enhancements
The Electrum client has been redesigned with min/max connection controls and priority-based server handling for smoother operations.Seed Management
A new feature lets you easily retrieve wallet information through an updated API.🔒 Core Updates: Decentralized Proof-of-Work (dPoW)Litecoin Upgrade
The Notary Node network has transitioned to Litecoin v0.21.4, improving security and compatibility.Komodo Core Daemon (komodod) Updates

• Simplified configuration: No need for a komodo.conf file for chains that use Komodo Core Protocol.
• Improved output handling for smoother transactions.

🌊 KomodoOcean DevelopmentPlatform Compatibility
KomodoOcean now supports all major platforms, including Linux, macOS (including Apple Silicon), and Windows. Multiplatform Docker images are also available.Performance Improvements

• Faster blockchain and block index loading.
• Compatibility with modern operating systems and compilers.

🌐 Block Explorer Updates

• New deployment: https://ru.kmdexplorer.io.
• Improved repository for seamless builds and better stability.
  
  

October 2024GUI TeamOpen-Sourcing of Komodo Wallet (KW)

• Overview: In October 2024, Komodo reached a major milestone by making Komodo Wallet (web) 100% open source, completing our vision for open access across all platforms. This follows our earlier step in March 2023, when we fully open-sourced Komodo Wallet (mobile). With this measure, all Komodo Wallet applications (mobile, web, and desktop) are now 100% open source and available on GitHub. This initiative encourages developers and blockchain enthusiasts to contribute, audit, and innovate, fostering transparency and collaborative growth within the Komodo ecosystem.
• User Value: Open-sourcing enhances security by allowing community-driven improvements and third-party custom features or integrations, providing users with greater assurance and control over their assets.

Progress Towards Unified Cross-Platform GUI Projects

• Overview: Significant progress has been made in aligning the web app with the desktop and mobile versions. Only a few minor features remain before the unified cross-platform build is fully ready. This unification will streamline development by consolidating efforts into a single codebase.
• User Value: Users can expect more frequent updates, improved performance, and a seamless experience across all devices as development focuses on one cohesive project.

KDF Flutter SDK – Initial Release

• Overview: The initial release of Komodo DeFi Framework (KDF) Flutter SDK provides developers with basic wallet functionality. This SDK, available on GitHub, enables developers to build decentralized applications (dApps) easily, supporting innovation.
• User Value: This SDK empowers developers to create new dApps, expanding potential services and experiences for Komodo Wallet users and fostering a broader ecosystem of Komodo-based solutions.

KDF TeamInteroperability Enhancements

• Overview: Swap functionality using the WalletConnect protocol has been successfully tested with FTM/KMD swaps, confirming compatibility with MetaMask and various other wallet providers. Cosmos asset wallets also now work with WalletConnect, expanding multi-wallet support beyond Keplr.

Custom Token Import for EVM-Based Tokens

• Overview: Custom token import functionality is being finalized, enabling users to import any EVM-based tokens into their wallets. Users can currently import custom Ethereum tokens and Qtum tokens on Komodo Wallet (desktop). Eventually, users will be able to do the same on Komodo Wallet (web) and Komodo Wallet (mobile). This will also expand token import capabilities to major blockchains such as BNB Chain, Avalanche, Polygon, and more.

Node Synchronization Enhancements

• Overview: Timing issues affecting node synchronization were resolved, boosting system stability and reliability.

SIA Integration and Security Review

• Overview: SIA integration is in the final stages, and the KDF team has conducted a security review for new and updated dependencies to be included in the upcoming 2.2.0 release.

Core TeamCore Daemon Improvements

• Overview: Fixed issues in the core daemon to support dual GLEEC configurations and improved change handling for Notary Nodes. Additionally, the KomodoOcean Core daemon now supports builds for ARMv8 64-bit.

GLEEC Team Support

• Overview: Provided the GLEEC team with NodeJS resources for creating addresses and signing transactions, facilitating integration with exchanges.
  

💭 Quotes from Kadan Stadelmann“With a quickening of Bitcoin adoption, Texas will be forced to move forward at some point with a Bitcoin reserve bill, whether now or in the future, as nation-states and other U.S. states establish their own reserves.”Our CTO, Kadan, published an article about the US election and Bitcoin on CryptoSlate, one of the most widely read crypto news publications.“It is time for Trump to reveal his intention of holding Bitcoin as a national strategic asset. He should outline an extensive Bitcoin policy, highlighting his plan to scoop up 20% of the Bitcoin supply or about 4 million bitcoins.”
- Kadan StadelmannClick To Read🎙️ Top Ten Rules for Life, from the perspective of SMK, Chief Quality Officer of Komodo

• Life is probably a simulation anyway, so you may as well choose your own adventure.
• Gamify your life. A high score in class or a personal best in your bank account unlocks more parts of the map than any Xbox achievement.
• Time doesn’t travel; it’s just the road we’re on. You can’t move faster than the terrain allows, so enjoy the view.
• Looking back for anything more than the lessons of experience is pointless. No regrets, no evolution.
• Your attention is a commodity. Don’t give it away for advertisers to profit—invest it in your future.
• Avoid those who perpetually cast themselves as victims for profit. Embrace those who sacrifice and grind without complaint to elevate.
• Respect those who seek truth; be wary of those who claim to have found it.
• If the response to questioning an assertion is threats or violence, the assertion is a lie.
• Fear is the mind-killer. Be authentic regardless of the consequences. Most of all, never lie to yourself.
• If you can’t recall the last time you had pancakes, make pancakes.

🍻 ContributeA section on how the community can contribute to Komodo.For Developers:

• Please check our GitHub issue tickets
• Choose one to work on
• Solve the issue or open a Pull Request (PR)
• We'll review from there (successful/solid contributions can almost guarantee a position or freelance work)

Go to GitHubFor Community Members:

• Visit the #contribute channel on Komodo's Discord Server
• Engage with our social media platforms
• Help spread the word about Komodo
• Create content related to Komodo

Go to Discord🕺 Events🐉 Upcoming Komodo EventsWith our recent roadmap updates, we've realigned our strategy and currently don't have any new events scheduled. If there’s an event you’d like us to attend, we’d love to hear your suggestions!🛫 ConferencesWith the arrival of winter, there are fewer crypto conferences taking place. However, there’s no doubt that 2025 will be a year full of exciting events for both the crypto ecosystem and Komodo.🧩 Crypto QuizA fun crossword puzzle that tests Komodo and general crypto knowledge.1- Solve it2- Join our Discord3- Share the answer at #general🤯 Historical Crypto EventsBitcoin's First Major Cyberattack (December 2010)In December 2010, Bitcoin experienced one of its earliest and most significant cyberattacks, highlighting a critical vulnerability in its protocol. A user exploited a flaw in Bitcoin's transaction validation process, enabling them to create an enormous number of Bitcoins out of thin air (approximately 184.467 billion BTC). This was far beyond Bitcoin's capped supply of 21 million BTC, posing a major existential threat to the network.After this critical vulnerability was exploited in December 2010, the Bitcoin community quickly mobilized to address the issue. Satoshi Nakamoto, Bitcoin's pseudonymous creator, and other core developers released a patch for the protocol within hours of the attack being discovered. This patch fixed the transaction validation flaw, preventing further exploitation.The incident highlighted the resilience of the early Bitcoin community and the importance of vigilant maintenance and development of the protocol. It also served as a wake-up call, emphasizing the need for rigorous testing and peer review of the code to safeguard the integrity of the network. Since then, Bitcoin has undergone numerous upgrades to improve security, scalability, and functionality, maintaining its position as the world's leading cryptocurrency.📖 Degen GlossaryA detailed explanation of a few crypto terms in each issue.BagsAssets, typically in notable quantities. Example phrases include “My Bored Ape bags are holding strong,” “Don’t FUD my bags” or “I have a fat bag of DOGE.”BTD or BTFDBTD is short for “buy the dips” while BTFD refers to “buy the f*cking dip”.Be a Komodian!We’ve never been more confident that the Crypto movement will drive the future of society. It has never been a more exciting point to get involved in Komodo and seize the DeFi.If you are committed to DeFi and are interested in collaborating with or getting involved in Komodo, join our Discord now, and let’s connect!🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter |

This newsletter offers a guide to Komodo stakeholders by gathering the resources they may need. It highlights recent developments, ecosystem insights, food for thought, and more!In this edition ⤵️

• February Progress
• Quotes from Kadan
• A Day in the Life of a Komodo Team Member
• Contribute
• Komodo Events
• Crypto Quiz
• Historical Crypto Events
• Degen Glossary

⚙️ February ProgressKDF Team Report 1. Cosmos Staking Support Added
We've integrated full Cosmos staking functionality through new RPCs. You can now browse validators, perform delegations, initiate undelegations, and claim your staking rewards through simple RPC commands.2. Real-Time Updates, No Polling Required
Our new event streaming system delivers instant notifications for all real-time events directly to your client. This system:

• Replaces manual polling with efficient push notifications
• Allows you to control exactly which updates you receive
• Conserves resources by only running necessary background tasks
• Simplifies setup with dynamic API configuration

3. Enhanced Network Reliability Through Time Validation
We've implemented strict time synchronization checks across our P2P network to increase trade reliability:

• Nodes with misaligned clocks are automatically prevented from connecting
• This proactively eliminates time-related swap failures
• Network integrity is maintained by enforcing consistent time standards

4. Future-Proof Protocol Versioning
Our new versioning system for swap protocols creates a foundation for continuous improvement:

• New protocol features can be rolled out without disrupting existing functionality
• All legacy swaps continue working seamlessly
• Updates can be introduced with minimal user impact
• The trading system can evolve while maintaining backward compatibility

Core Team Report1. Security Review of Komodo DeFi Framework (KDF) and Security EnhancementsIn February, the team focused on conducting a security review of the latest changes in the Komodo DeFi Framework (KDF), which is the Rust-based core of Komodo Wallet. The review targeted improvements in seed management (generation, storage, encryption/decryption) and new RPC methods for seed handling and multi-wallet support.2. Security Review of Komodo WalletIn addition to KDF, the Komodo Wallet components underwent security review, including:

• Komodo DeFi Framework SDK (Flutter/Dart)
• Komodo Wallet Source Code (Flutter/Dart)
• Component Interactions

3. Komodo Core Daemon (komodod) Upgrades and New Library IntegrationsThe team completed the migration to librustzcash 0.2.0 (Pull Request #94).Key Updates:

• BLAKE2b functions previously sourced from libsodium were replaced with the Rust crate blake2b_simd.
• Build System Integration:
• Adapting these changes to the existing build system was challenging.
• Performance and stability tests are currently underway.
• Once testing is complete, the changes will be merged into KomodoOcean, followed by integration into the official KomodoPlatform (komodod) repository.

GUI Team ReportKomodo Wallet (mobile) has been re-published, and v0.9.2 is live on iOS! Until we launch new updated mobile apps on the web codebase, current Komodo Wallet (mobile) users should switch to Komodo Wallet (web) for continued support.

Click to read the announcement
Listed CoinsThe following cryptocurrencies were added to Komodo Wallet (mobile) with the v0.9.2 release. SHIC, KCN, and LCN were also added to Komodo Wallet (web).

Shibacoin (SHIC)
Shiba Coin (SHIC) is a Dogecoin fork, layer 1, Scrypt-based cryptocurrency designed for simplicity, community engagement, and fun. Built by DOGE enthusiasts for the Shibainu community and all the other Degens. Kylacoin (KCN)
Kylacoin is a cryptocurrency designed to act as money and a form of payment system outside the control of a person or a group, that operates free of any central control or the oversight of banks or governments.Lyncoin (LCN)
Lyncoin is an open-source P2P currency and a payment network based on blockchain with an auxiliary Proof-of-Work chain type and using the Flex hash algorithm.ZDEEX
ZDEEX is a privacy-focused decentralized blockchain. The codebase is based on Hush, Komodo, and Zcash 2.0.💭 Quotes from Kadan Stadelmann“...A similar scenario would play out today, with Bitcoin falling precipitously but catching a bid ahead of other risky commodities thanks partly to its inelastic nature…”Komodo CTO Kadan Stadelmann shared his opinion in an article about the Bitcoin market crash on crypto.news.Click to read🎙️ Creating Your Own Path: Nitride's Story of Tech, Transformation, and Taking ChancesMy journey from a twelve-year-old programming enthusiast to leading the GUI team at Komodo shows that success in tech isn't about following a conventional path. Despite my early interest in coding, I initially ignored my friends' advice that IT was my calling and pursued medicine instead.My route wasn't straightforward – I dropped out of university twice and spent time in a psychiatric ward. But these weren't setbacks; they were essential steps in finding my way. The turning point came when I made the difficult decision to completely step away from gaming to focus on finding direction in my life.This decision marked the beginning of my dedicated journey into software engineering. Through self-study, persistence, and learning from countless mistakes, I gradually mastered my craft. The tech industry proved perfect for me, offering unlimited opportunities for innovation while valuing individual contribution over traditional credentials.Now at Komodo, I work at the cutting edge of decentralized crypto technology, leading a team that constantly pushes boundaries. We don't just solve problems – we innovate solutions that reshape the industry. As someone who's part of both the LGBTQ+ and furry communities, I've found that the tech industry provides a space where I can be authentic while pursuing excellence.My story emphasizes that success in technology isn't about natural talent or following a predetermined path – it's about persistence, hard work, and the courage to forge your own way. The tools for transformation are more accessible than ever. With just a laptop and internet connection, anyone can transform their life through technology. Success isn't reserved for the naturally gifted – it's available to anyone willing to put in the work and believe in possibilities, even when others might not see them yet.🍻 ContributeA section on how the community can contribute to Komodo.For Developers:

• Please check our GitHub issue tickets
• Choose one to work on
• Solve the issue or open a Pull Request (PR)
• We'll review from there (successful/solid contributions can almost guarantee a position or freelance work)

Go to GitHubFor Community Members:

• Visit the #contribute channel on Komodo's Discord Server
• Engage with our social media platforms
• Help spread the word about Komodo
• Create content related to Komodo

Go to Discord🕺 Events
🐉 Komodo EventsTown Hall
In January, we held our fourth Town Hall series meeting. It was our most attended event to date, as we covered crucial topics like regulations and DEX features. Did you miss it?

Read the summary now
TaskOn
We joined forces with TaskOn to launch a marketing campaign with a $20,000 prize pool, including a $500 USDT prize. The recent campaign has ended, but we’ll continue to run campaigns via TaskOn.Follow us on TaskOn
🛫 ConferencesWe're proud to be a Sapphire Sponsor at the Blockchain Forum 2025 in Moscow. The event will take place on April 23-24, 2025.

Get your early tickets🧩 Crypto QuizA fun crossword puzzle that tests Komodo and general crypto knowledge.1- Solve it2- Join our Discord3- Share the answer at #general🤯 Historical Crypto EventsFirst Bitcoin ATM (May 2013)The first Bitcoin ATM was installed in Vancouver, Canada, in October 2013. Since then, Bitcoin ATMs have become increasingly common, with thousands of machines now available worldwide.These ATMs enable users to conduct Bitcoin-related transactions, primarily converting Bitcoin to cash and vice versa. They are typically internet-connected machines that allow users to buy or sell Bitcoin using cash, a debit card, or a cryptocurrency wallet.Bitcoin ATMs were designed to offer a convenient, fast, and familiar way for people to engage with the crypto market. However, they often come with high transaction fees, so it's advisable to compare rates before using one.📖 Degen GlossaryA detailed explanation of a few crypto terms in each issue.APE
As a noun, it refers to Bored Ape Yacht Club NFTs. As a verb, it refers to “apeing” into something, which is buying a lot of something on a whim or without doing much research beforehand. Degens love “apeing” into different projects.DIAMOND HANDS
Refers to someone who has high-risk tolerance for high volatility assets. Diamond Hands don’t make panic decisions despite market volatility.Be a Komodian!We’ve never been more confident that the Crypto movement will drive the future of society. It has never been a more exciting point to get involved in Komodo and seize the DeFi.If you are committed to DeFi and are interested in collaborating with or getting involved in Komodo, join our Discord now, and let’s connect!
🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter |

This newsletter offers a guide to Komodo stakeholders by gathering the resources they may need. It highlights recent developments, ecosystem insights, food for thought, and more!In this edition ⤵️

• Q1 Progress
• Quotes from Kadan
• A Day in the Life of a Komodo Team Member
• Contribute
• Komodo Events
• Crypto Quiz
• Historical Crypto Events
• Degen Glossary

⚙️ Q1 2025 ProgressKDF TeamWalletConnect

• Activation, withdrawals, and swaps completed on EVM/Cosmos chains (MetaMask & Keplr integration).

Cosmos Integration

• Implemented staking, delegation, and reward claiming functionalities.

Trading Protocol Upgrade (TPU)

• Successfully completed EVM swaps.
• Premium integration in orders is nearing completion; smart contract deployment is pending.

Protocol Version

• Added swap protocol versioning for improved backward compatibility.

Zero DEX Fee

• Implemented zero DEX fees for KMD trading pairs (awaiting TPU release).

KMD Burn

• Implemented pre-burn support for UTXO, Cosmos, and Pirate (ARRR) chains (awaiting TPU release).

SIA Testing Framework

• Successfully integrated CI testing framework, significantly enhancing test automation capabilities.

Pirate (ARRR) Swaps

• Introduced an automated testing framework.
• Ongoing efforts to resolve identified swap issues.

Liquidity Routing

• Progressing on routed swaps integrating atomic swaps and 1inch liquidity sources.

GUI Team

• Ongoing finalization of major HD wallet release; currently in advanced internal testing phases, alongside comprehensive security reviews by the OPSEC team.
• Launched the "Komodo Tick" initiative, showcasing Komodo Wallet functionality on smartwatches. Community members interested in testing can reach out on Discord for participation.
• Approaching completion and preparing for public release, pending final validation.

Core Team

• Performed extensive security reviews on Komodo Wallet and Komodo DeFi Framework; resolved critical security vulnerabilities.
• Successfully launched new chains (BCZERO, RAPH, and MDX) with complete delayed Proof of Work (dPoW) support.
• Transitioned to Litecoin Core v0.21.4 for dPoW, including necessary Iguana updates.
• Migrated Komodo Core Daemon to librustzcash 0.2.0, significantly enhancing performance and stability.
• Published KomodoOcean v0.9.1-beta1, resolving significant integration challenges.

💭 Quotes from Kadan Stadelmann“...Trump’s crypto task force should work with as much enthusiasm as DOGE…”Komodo CTO Kadan Stadelmann shared his opinion in an article about the Crypto market regarding USA .Click To Read🎙️ Who Am I? -GcharangI graduated with a B.Tech in Engineering Physics and love solving problems. When I find an interesting problem, I scour all the available information for possible solutions and don't rest till I either solve it or know that people with more time and smarts than me have tried and failed :D .

I first learned about Cryptocurrencies (Bitcoin specifically) in 2014, but didn't think much of it other than "Interesting tech!". Later, in 2018, I came across an article about the Mt. Gox hack and how Centralized Exchanges are security holes. Then, I started reading about alternative solutions and came across Atomic Swaps and DEXs, which led me to Komodo. After discussing the Atomic Swap tech with the team and community for several days, I was convinced this was the real deal and left it at that.

A few days later, I came across a discussion about the 51% attack problem, and there was Komodo once again, having solved it through dPoW. I was very fascinated and came back to the Komodo live chat server (Slack at that time) and started asking more questions and requesting links to documentation.
While I was reading the documentation, I found that while the tech was cutting edge and most of it documented properly, it was scattered across GitHub wikis of multiple repositories and various websites.

When I complained about this difficulty in access, I was offered the task of improving it 😃 , which I gladly accepted and completed. I was offered the job to maintain and add to the documentation a few days later (around May 2018).
Since then, I was a part of the Komodo Team and helped in various ways, including testing, documenting new tech, end-user support, maintaining backend infra for various websites, implementing new sites that are responsive and SEO optimized, etc. While Web Development, Support remain my major tasks today, I also created various tools that make testing and introduction to Komodo easier.🍻 ContributeA section on how the community can contribute to Komodo.For Developers:

• Please check our GitHub issue tickets
• Choose one to work on
• Solve the issue or open a Pull Request (PR)
• We'll review from there (successful/solid contributions can almost guarantee a position or freelance work)

Go to GitHubFor Community Members:

• Visit the #contribute channel on Komodo's Discord Server
• Engage with our social media platforms
• Help spread the word about Komodo
• Create content related to Komodo

Go to Discord🕺 Events🐉 Komodo EventsTaskOnWe joined forces with TaskOn to launch a marketing campaign with a $500 USDT prize. The recent campaign has ended, but we’ll continue to run campaigns via TaskOn.Follow Us on TaskOn🛫 ConferencesWe're proud to be a Sapphire Sponsor at the Blockchain Forum 2025 in Moscow. The event will take place on April 23-24, 2025. Ticket prices will increase on April 15. If you’re planning to attend, we kindly recommend purchasing your ticket early to benefit from the current rate.

Get your tickets🧩 Crypto QuizA fun crossword puzzle that tests Komodo and general crypto knowledge.
1- Solve it2- Join our Discord3- Share the answer at #general🤯 Historical Crypto Events
The CryptoKitties Congestion (December 2017)CryptoKitties was a blockchain game on Ethereum that let users buy, collect, breed, and sell virtual cats as NFTs. In December 2017, it unexpectedly went viral:

• The game suddenly consumed 15-20% of all Ethereum network capacity
• One digital cat sold for 246.9 ETH
• Transaction times slowed dramatically across the entire network
• Gas fees skyrocketed, making normal transactions prohibitively expensive
• Pending transactions backlogged from 5,000 to over 30,000
• Multiple ICOs had to postpone their launches

The incident became known as "the CryptoKitties congestion" and served as a wake-up call about blockchain scalability limitations. If a simple game about collectible cats could paralyze Ethereum, it wasn't ready for mainstream adoption. This event accelerated the development of scaling solutions and demonstrated the concept that would later fuel the 2021 NFT boom.📖 Degen GlossaryA detailed explanation of a few crypto terms in each issue.FEW
Few is short for "few understand". Like "probably nothing" it is polite FOMO. "MOMA bought a punk. Few"
FLIPPING
Flipping can have two distinct meanings in the crypto world.

1. Short-term trading: This refers to buying assets like cryptocurrencies or NFTs at a low price and quickly selling them at a higher price for profit. It's a common strategy among traders looking to capitalize on market volatility.
   
2. Market cap flipping: This occurs when one cryptocurrency's market capitalization surpasses another’s. A well-known example is the ongoing debate over whether Ethereum (ETH) could eventually “flip” Bitcoin (BTC) in terms of total market value. This specific example (BTC vs. ETH) is also commonly referred to as “the flippening”.

Be a Komodian!We’ve never been more confident that the Crypto movement will drive the future of society. It has never been a more exciting point to get involved in Komodo and seize the DeFi.If you are committed to DeFi and are interested in collaborating with or getting involved in Komodo, join our Discord now, and let’s connect!🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter |

This newsletter offers a guide to Komodo stakeholders by gathering the resources they may need. It highlights recent developments, ecosystem insights, food for thought, and more!In this edition ⤵️

• April Progress
• Quotes from Kadan
• A Day in the Life of a Komodo Team Member
• Contribute
• Komodo Events
• Updates from MiCa - Crypto Regulations
• Historical Crypto Events
• Degen Glossary

⚙️ Q1 2025 ProgressKDF Team

• Support for FIRO Spark transactions was added. A big thanks goes out to levoncrypto for this external contribution
• Enabling KDF using external wallets was completed
• Work started on TRON support
• Message signing for HD wallet using any address was added

GUI Team

• Still working on testing, bug fixes, and preparing a major release

Core Team

• KomodoOcean v0.9.1-beta1 release
• Creating and publishing AMD64 and ARM images of komodod
• Completed security review of Komodo DeFi Framework v2.4.0-beta
• Ongoing security review of KDF SDK

💭 Quotes from Kadan Stadelmann“A SPAC led by Cantor, and backed by SoftBank, suggests there is further corporate appetite for bitcoin as a hedge.”Komodo CTO Kadan Stadelmann shared his opinion in an article about the rally of Cantor Equity’s shares.Click To Read🎙️ Who Am I? -polycryptoblogMy journey from a curious teenager tinkering with electronics to becoming the Business Development lead at Komodo reflects a truth about the tech industry: success doesn’t demand a linear path. Growing up, I was fascinated by how things worked, tearing apart radios and building circuits, but I didn’t initially see technology as my career. Instead, I followed an academic route, studying psychology and philosophy at the University of Pittsburgh, seeking to understand the human mind and its place in the world.A pivotal chapter came when I worked as a lead technician at a nuclear site in South Korea. The high-stakes environment demanded precision, teamwork, and creative problem-solving skills that would later prove invaluable in the fast-paced world of crypto. That experience grounded me, but I knew my future lay in a field where innovation was limitless.That path wasn’t quite right. I pivoted, enrolling at California University of Pennsylvania to study electrical engineering technology, where I honed my technical skills. Yet, life threw curveballs. I faced personal challenges, namely a ruptured appendix, which led me to take a break from academia. These moments weren’t failures—they were critical in shaping my resilience and clarity of purpose.  It was during this time that I joined the Komodo team.My entry into cryptocurrency was a natural fit. I dove into blockchain technology, captivated by its potential to redefine trust and value exchange. Through relentless self-study and hands-on experimentation, I learned the intricacies of decentralized systems. My work in crypto led to notable accomplishments, including forging strategic partnerships that expanded Komodo’s ecosystem and driving initiatives that integrated atomic swap technology into real-world applications, enhancing secure, trustless trading.Now at Komodo, I do business development, working with a team that’s reshaping decentralized finance. We don’t just chase trends—we build solutions that empower users globally. As someone who values authenticity, I’ve found the tech industry to be a place where diverse perspectives thrive, allowing me to bring my whole self to the table.My story underscores that success in tech isn’t about credentials or a straight line. It’s about grit, adaptability, and seizing opportunities. With a laptop and a vision, anyone can carve their path in this industry. My journey—from Pittsburgh classrooms to South Korean nuclear sites to the forefront of crypto—proves that persistence and belief in possibility can transform dreams into reality, no matter where you start.🍻 ContributeA section on how the community can contribute to Komodo.For Developers:

• Please check our GitHub issue tickets
• Choose one to work on
• Solve the issue or open a Pull Request (PR)
• We'll review from there (successful/solid contributions can almost guarantee a position or freelance work)

Go to GitHubFor Community Members:

• Visit the #contribute channel on Komodo's Discord Server
• Engage with our social media platforms
• Help spread the word about Komodo
• Create content related to Komodo

Go to Discord🕺 Events🐉 Komodo Events
TownHallOn April 25th, we held the 5th in our Town Hall series with the agenda:

• AML / KYC
• Upcoming Voting
• HD Wallet Feature
• DEX Liquidity Challenges / Liquidity Tools
• Complex order management
• UX Improvements: Focus on WalletConnect
• Cross-Protocol Integration: 1inch integration progress

Click to read the summary and listen to the event recording.
🛫 ConferencesAs Sapphire Sponsor, we participated in Blockchain Forum 2025, held in Moscow on April 23-24, 2025. It was a pleasure to exchange ideas with developers, builders, and tech leaders shaping the future of blockchain.


Then, we attended the Token 2049 event in Dubai and spent time with ecosystem stakeholders.📰 Updates from MiCa - Crypto RegulationsThe European Union's Markets in Crypto-Assets Regulation (MiCA) has fully come into effect as of December 30, 2024, marking a significant milestone in global crypto regulation. MiCA establishes a harmonized legal framework for crypto-asset service providers (CASPs) across the EU, aiming to enhance transparency, consumer protection, and market stability. Here are the most recent developments:

1. Full Implementation of MiCA:

• MiCA now applies to all crypto-assets and CASPs operating within the EU, following a phased rollout that began in June 2024 with provisions for stablecoins (asset-referenced tokens and e-money tokens) and concluded in December 2024 with broader regulatory coverage.
• The regulation introduces licensing requirements for CASPs, enabling them to operate across the EU via passporting rights once authorized by a national regulator.

2. White Paper Requirements:

• Issuers of crypto-assets must prepare detailed white papers outlining project specifics, risks, governance frameworks, and underlying technology. These documents must be submitted to national competent authorities (NCAs) and shared with the European Securities and Markets Authority (ESMA).

3. Integration of the Travel Rule:

• MiCA incorporates the Transfer of Funds Regulation (TFR) Travel Rule, requiring CASPs to include sender and receiver information for every crypto transfer. This aims to combat money laundering and terrorist financing, but adds operational complexity for compliance.

4. Stablecoin Restrictions:

• ESMA has issued guidelines restricting non-compliant stablecoins like Tether's USDT within the EU. Starting April 2025, exchanges must halt all trading involving such tokens unless they meet MiCA standards.

5. Market Consolidation:

• MiCA’s stringent compliance requirements have led to increased operational costs for smaller firms, driving industry consolidation. Larger firms like Bitpanda have secured multiple MiCA licenses across member states to expand their regulatory footprint.

6. ESMA Finalizes Guidelines to Combat Market Abuse

• On April 29, 2025, the European Securities and Markets Authority (ESMA) published its final report providing comprehensive guidelines for national regulators to prevent and detect market abuse under the Markets in Crypto-Assets Regulation (MiCA). These guidelines, targeting both regulators and industry participants, are designed to ensure consistent supervision and to strengthen the integrity of crypto markets across the EU. Key requirements include robust surveillance systems, standardized reporting templates, and enhanced scrutiny of exchanges and market actors, including influencers. The guidelines support the harmonized application of MiCA’s market abuse provisions and will directly impact how crypto businesses operate and communicate within the EU.

7. New Technical Standards and Application Procedures

• On March 31, 2025, the Official Journal of the European Union published several new Regulatory Technical Standards (RTS) and Implementing Technical Standards (ITS) supplementing MiCA. These regulations, in force since April 20, 2025, detail the information required for CASP (Crypto-Asset Service Provider) authorization, procedures for cross-border supervision, and sustainability disclosures.
• The new standards clarify: 1) What information must be included in CASP license applications 2) The assessment process for acquisitions involving crypto-asset service providers or asset-referenced token issuers 3) Sustainability reporting requirements for crypto-asset businesses

8. Poland: Transition to CASP Licensing

• In Poland, MiCA is directly applicable, but national legislation is in progress to further specify local requirements. Entities that were previously registered as Virtual Asset Service Providers (VASPs) can continue operations until July 1, 2026, or until they are granted or denied a CASP license. However, under the draft Polish Crypto Assets Act, those who do not submit a complete CASP license application by May 1, 2025, must cease operations by July 1, 2025. This marks a significant tightening of compliance and operational standards for crypto businesses in Poland.

9. EU-Wide AML Developments and Privacy Coin Ban

• Looking ahead, the EU is establishing a new Anti-Money Laundering Authority (AMLA) in Frankfurt, set to begin coordinating AML supervision from July 1, 2025. By July 2027, new guidelines will address anonymous cryptocurrencies, mixers, shell companies, and self-hosted wallets. Additionally, the EU will ban the trading of privacy coins such as Monero from 2027, further tightening AML/KYC requirements for service providers.

🤯 Historical Crypto EventsNamecoin: The First Altcoin (2011)In April 2011, Namecoin (NMC) became the first altcoin by mining its genesis block. Namecoin introduced the concept of a decentralized, censorship-resistant domain name system (DNS) and arbitrary data storage, paving the way for the diverse ecosystem of altcoins and blockchain use cases beyond currency.Today, Namecoin is accessible through Komodo Wallet, where you can securely store, send, and receive NMC with ease.📖 Degen GlossaryA detailed explanation of a few crypto terms in each issue.MOON"Moon" or the phrase "to the moon" is a popular slang term in the cryptocurrency community. It describes a situation where the price of a cryptocurrency experiences a steep, rapid, and significant increase-often far beyond previous highs or expectations.SHILLING"Shill" or "shilling" refers to the act of aggressively promoting a cryptocurrency (or other asset) for personal gain, often without full transparency about one's motives or compensationBe a Komodian!We’ve never been more confident that the Crypto movement will drive the future of society. It has never been a more exciting time to get involved in Komodo and seize the DeFi.If you are committed to DeFi and are interested in collaborating with or getting involved in Komodo, join our Discord now, and let’s connect!🕸 Site | 📄 Docs | 💬 Discord | 💭 Telegram | 🐤 Twitter |