Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%. Go to Source
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How Polkadot is transforming blockchain technology: Report
Cointelegraph Research explores how Polkadot’s innovative architecture and Polkadot 2.0 upgrade improve scalability, interoperability and decentralized governance in the blockchain ecosystem. Go to Source
Gavin Wood’s biggest hope: Free crypto transactions and Web3 tech worldwide
We need to “divorce Ethereum from Ether” to onboard the six billion Web2 users, Wood told Cointelegraph during an exclusive. Go to Source
Polkadot’s Ecosystem Thrives Amid Market Downturns
Despite the broader market downturns, Polkadot’s ecosystem continues to show robust growth and resilience. In June, the number of transactions on the network surged by 33%, reaching 16 million. The total number of unique addresses has now surpassed 7 million, highlighting the expanding user base and increased network activity. Polkadot’s treasury currently holds an impressive … Read more
Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally
Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS. Go to Source
Polkadot Faces Criticism Over High Spending And Limited Returns In H1 2024
Polkadot’s financial report for the first half of 2024 revealed expenditures of $87 million (11 million DOTs), with $37 million dedicated to marketing efforts. This substantial spending has drawn criticism from the community, who argue that the returns have not justified the costs. At the current rate of expenditure, Polkadot’s funds are projected to last … Read more
Polkadot’s treasury has $245M with 2 years of runway
The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered. Go to Source
Polkadot’s new proposal to slash unstaking time to 2 days
Polkadot’s new RFC-0092 proposal aims to reduce the unstaking period from 28 days to just two days, enhancing user experience and maintaining network security. Go to Source
EasyA announces 1 million devs in ecosystem
The Web3 educational platform also announced a Polkadot education initiative to help onboard new developers to the blockchain network. Go to Source
Japanese blockchain Astar proposes $38M token burn
The tokens were initially reserved for a parachain slot on Polkadot but have since fallen out of use. Go to Source
