Polkadot News
Daniel Schoenberger, Chief Legal Officer at W3F, testified before the US House of Representatives yesterday on the future of digital assets. For details, see Web3 Foundation Testifies On Digital Asset Regulation Before the U.S. House of Representatives | by Web3 Foundation Team | Web3 Foundation | May, 2023 | Medium
Or if you would prefer to watch the whole hearing or read the written testimony yourself, it is available here: "The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets" | House Agriculture Committee
Referendum 114, proposing to onboard a Bridge Hub system parachain to Polkadot, has passed. https://polkadot.polkassembly.io/referendum/114
Referendum 118, proposing to increase the ideal number of validators in the active set to 400, is currently passing with 97% in favor and 27 days left to vote. 1kvP Validators Initiative: Increase Validators Active Set to 400 | Polkassembly
Referendum 115, proposing to open three new HRMP channels between Statemint and Bitgreen/Subsocial/Manta, is passing with 99% in favor and 5 days left to vote. Three New HRMP Channels batch On Polkadot | Polkassembly
Referendum 117, seeking a force_transfer back to the Treasury from a previous Treasury Proposal, is currently failing with 73% in favor and 17 days left to vote. https://polkadot.polkassembly.io/referendum/117
Kusama News
This Parachain Lease Auction has seen three projects - Bit.Country, Kabocha, and Anonymous Parathread ID 2268 - in the lead during the Ending Period. Kusama Auctions and Crowdloans | Parachains.info
Referendum 190, proposing to upgrade the Kusama and system parachain runtimes to v9420, is up for vote. https://kusama.polkassembly.io/referenda/190
Note that this Referendum is on the Whitelisted track, which means it will also need to be whitelisted by the Fellowship: Participate in OpenGov ยท Guide