At Token2049 event, Gavin Wood, the creator of Polkadot blockchain, unveiled the Join-Accumulate Machine (JAM) update. Meanwhile, the Web3 Foundation revealed a reward of 10 million DOT for encouraging variety in JAM protocol development. This morning, @gavofyork introduced the JAM Gray Paper. JAM is a new protocol that combines features of Polkadot and Ethereum. It … Read more
On April 19, Bitcoin experienced a significant decline of 5.44% within a two-hour span, dipping below the crucial mark of $60,000 due to heightened geopolitical tension between Israel and Iran. The cryptocurrency’s value reached a low of $59,698 before quickly bouncing back up to $61,352. According to data from CoinGlass, around $243 million in long … Read more
Degen Chain, a tier-3 blockchain, set a new transaction speed record with 37.12 transactions per second (TPS) over the past 24 hours, outpacing its foundational blockchain’s 30.81 TPS by nearly 70%. This significant boost led to processing approximately 3.08 million transactions daily based on L2BEAT statistics. Although Degen Chain had a large number of transactions … Read more
In an astonishing development, the Enforcement Directorate’s Mumbai branch has issued a provisional attachment order for properties valued at approximately Rs. 97.79 Crore linked to Raj Kundra, also known as Ripu Sudan Kundra, under the strong provisions of the Prevention of Money Laundering Act (PMLA) 2002. Under the Prevention of Money Laundering Act (PMLA), ED, … Read more
An proposal worth $8.8 million from the Polkadot community has been put forward for sponsoring Lionel Messi’s Inter Miami soccer team. This move aims to boost Polkadot’s international visibility. During the 2024 and 2025 soccer seasons, Inter Miami’s training kits will display Polkadot’s logo as part of our sponsorship agreement. Polkadot Eyes Inter Miami Partnership … Read more