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dYdX Founder Addresses Community Concerns Regarding Token Inflation

dYdX Founder Addresses Community Concerns Regarding Token Inflation

Decentralized exchange dYdX founder Antonio has clarified that there are no plans for additional token inflation to compensate validators on the dYdX Chain. The current token distribution model, which has reduced inflation by over 60%, will continue to be implemented. This comes amid growing discussions about the sustainability of dYdX's token model, with some users criticizing the token's distribution and others expressing concerns about the lack of a fee-sharing mechanism in the upcoming version of the platform.

Cosmos (ATOM) Community Contemplates Zero Inflation for ATOM Token

Cosmos (ATOM) Community Contemplates Zero Inflation for ATOM Token

Cosmos's StakeLab proposes reducing ATOM's minimum inflation to 0%, aiming to align with other blockchain models and address issues like token overproduction and selling pressure. Nearly 95% of the community supports this significant change.

Institutional Investors Turning Bullish on Crypto: Survey Suggests

Institutional Investors Turning Bullish on Crypto: Survey Suggests

A new survey has highlighted the increasing bullish stance of institutional investors in the ecosystem.

Bitcoin Price Falls Below $20,000 Following US Jobs Report

Bitcoin Price Falls Below $20,000 Following US Jobs Report

Bitcoin dropped 2% following the release of the job figures reported by the Bureau of Labor Statistics.

Bitcoin Surpasses $30,000 Mark, Reaches New High in 2023

Bitcoin Surpasses $30,000 Mark, Reaches New High in 2023

Bitcoin has exceeded the $30,000 mark, reaching a new high for 2023, with gains of almost 46% in the last month. Experts anticipate its price to rise as the United States Consumer Price Index (CPI) report on April 12 approaches. The Crypto Fear and Greed Index indicates the market's optimism, scoring 68 out of 100.

Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone

Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone

A steep volatility trailed the September inflation data that was released by the BLS today. Bitcoin last seen trading below $19,000

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

Bitcoin's Future Looks Bright as Kanye West Decides to Run for President 2020

On July 4th, Kanye West expressed his wishes to run for President in the 2020 presidential race. This is exciting news for Bitcoin, as Kanye has on several occasions expressed his support for the cryptocurrency.

Is Soaring US Inflation Rate Hurting Bitcoin's Revival Chances?

Is Soaring US Inflation Rate Hurting Bitcoin's Revival Chances?

Key inflation data in the U.S. for June was just released by the Bureau of Labor Statistics on Wednesday, what kind of consequences to the development of cryptocurrency?

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?

With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.

Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath

Bernie Sanders Demands Senate Vote on $2000 Direct Stimulus Payments, Bitcoin Traders Hold Breath

Bernie Sanders has threatened to filibuster the Senate until they allow a vote on upgrading the $600 direct stimulus payments to $2000. What could the move mean for Bitcoin?

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own

Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares.

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