Polkadot News
There are now three Referenda (1137, 1138, and 1139) up for vote on the future inflation rate of Polkadot - 8% and decreasing, 8% continuous, or no change (10%). Polkassembly - Referendum #1139
Note that these are on the Wish-for-Change track; unlike most tracks, these decisions will not automatically be enacted, but rather meant as signals for the developers.
Referendum 1143, proposing to upgrade Polkadot runtime 1.30 (and Collectives parachain to 1.3.1) is now up for vote. Polkassembly - Referendum #1143
Enactment of Referendum 1143 will also transition the Polkadot relay chain to Agile Coretime. However, another Referendum will be necessary to start sales on the Coretime Chain.
With only a few hours left in the current parachain lease auction, JAMTON has been in the lead for almost half the Ending Period. https://parachains.info/auctions
Pop Network, Aventus, and Acurast have also been in the lead for portions of the Ending Period, thus any are potentially eligible to win. For details, see Web3 and Polkadot - Polkadot Wiki
Kusama News
Referendum 448, proposing a reduction in amount of reserved KSM for registering parathreads, is passing almost unanimously, but is still lacking a decision deposit. Polkassembly - Referendum #448
There are currently no candidates for Kappa Sigma Mu. To make a bid, you can go to https://ksmsociety.io/explore/bidders