The Polkadot blockchain runs on on-chain governance; this implies that votes on the blockchain are binding by code. The blockchain members are currently voting on whether or not to change the total supply. At the time of genesis, 10 million $DOT tokens were created. Now, the redomination vote proposes a change of underlying denomination of
The trend in the price of Bitcoin lately can be described as a ‘chopping action’ at best. Since halving on 11th May, the price has fluctuated between $10,200 and $8,600 with a lot of uncertainty. In the last 30 days, over $900 million in liquidations (<60% in longs) have occurred on BitMEX alone. The volatility in
This morning ETH from one of the biggest crypto scams was moved to a new address. The Chinese Ponzi scam, PlusToken, was able to secure huge sums of money from gullible investors. The scam’s total value is about $3 billion. Essentially, via the transactions, the scammers essentially moved all the Ethereum from one to address to another.
Su Zhu, the CEO of Three Arrows Capital, the Singapore-based fund manager that focuses on superior risk-adjusted returns, may be one of the few last standing Bitcoin bulls. At a time when the market is gripped by fear and uncertainty, Zhu is optimistic that Bitcoin will drop to lows of $6,500 in 2020 before snapping