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Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week

Polkadot Developer Parity Technologies Reportedly Cuts Over 300 Staff This Week

Parity Technologies lays off over 300 employees amidst a strategic shift towards community-driven operations. The move comes as Polkadot faces ecosystem challenges, including a large upcoming supply event and a seeming lack of demand in parachain auctions. Community members have expressed mixed reactions, and concerns are rising on Polkadot's ability to maintain its market valuation in the medium term.

Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA

Top Three Altcoins to Watch This Week: DOT, AVAX, and MANA

With a mildly volatile weekend done with, investors are looking forward to another new week in hopes of charting a positive trade history across all markets. Here are three altcoins to watch ahead of the new week.

Astar, Kabocha Lead in Polkadot and Kusama Auctions

Astar, Kabocha Lead in Polkadot and Kusama Auctions

Bill Laboon at Web3 Foundation highlights ongoing parachain lease auctions for Polkadot and Kusama networks, highlighting Astar's strong position and Kabocha's maintaining lead. He also discusses educational opportunities and grant programs.

Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades

Polkadot Reports Q3 Growth: New Parachains, Staking Metrics, and Technical Upgrades

Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million on-chain events. The quarter also saw the introduction of native USDC and a 20% quarter-on-quarter rise in XCM messages.

Moonbeam Wins Second Parachain Auction Slot on Polkadot

Moonbeam Wins Second Parachain Auction Slot on Polkadot

Moonbeam, an emerging protocol that prides itself as one of the most powerful Ethereum-compatible smart contracts on the Polkadot blockchain has won the second parachain auction slot.

Top Three Coins to Watch for the Week: BTC, DOT & OMG

Top Three Coins to Watch for the Week: BTC, DOT & OMG

Based on prospective ecosystem activities, BTC, DOT, and OMG are some of the top coins to watch out for this week.

Polkadot Q2 2023: OpenGov and XCM V3 Launch, SEC Clearance for DOT

Polkadot Q2 2023: OpenGov and XCM V3 Launch, SEC Clearance for DOT

According to Messari, Polkadot, a blockchain network designed to support interconnected, application-specific Layer-1 chain, has made significant progress in Q2 2023.

Polkadot's Parachain Auctions Filling up With Astar Network Winning Third Slot

Polkadot's Parachain Auctions Filling up With Astar Network Winning Third Slot

Astar Network has won the third parachain auction slot on the Polkadot Network.

Acala Wins First Parachain Auction Slot on Polkadot

Acala Wins First Parachain Auction Slot on Polkadot

Acala Network, an Ethereum-compatible smart contract platform optimized for Decentralized Finance (DeFi) has won the first parachain auction on the Polkadot network.

Polkadot Developers Gains Access to Chainlink Oracle Through Moonbeam Integration

Polkadot Developers Gains Access to Chainlink Oracle Through Moonbeam Integration

Thanks to the latest integration of Chainlink oracle into the Moonbeam smart contract platform, developers in the broader Polkadot ecosystem can now access reliable price feeds as they seek to build functional DApps

Ripple Head of DeFi: "25% of Value in DeFi Will Run on Networks other than Ethereum by End of 2021"

Ripple Head of DeFi: "25% of Value in DeFi Will Run on Networks other than Ethereum by End of 2021"

Ethereum has surged and recorded a new all-time high, and many seem to attribute its success to DeFi’s ever-growing ecosystem.

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