After the official launch of the Polkadot OpenGov in mid-June this year, Polkadot community has initiated a total of 87 Referenda, of which 40 have been Approved/Executed, 19 have been Rejected, 9 have timed out due to untimely deposits, 18 are currently Deciding, 1 is Preparing. …

Brief In the first half of 2023, the Federal Reserve raised interest rates 3 times which took the Fed funds rate to a target range of 5%-5.25%, the highest since August 2007. Global market concerns about tightening liquidity have further intensified. …

Background With the much-anticipated completion of Merge and Shapella (Shanghai+Capella) Upgrades this April, Ethereum has successfully transitioned from POW to POS consensus. The next major move on Ethereum’s development roadmap is EIP 4844, also known simply as “Proto-Danksharding”. Named after two core Ethereum developers “Protolambda” and Dankrad Feist, EIP 4844 introduces…

Liquid Staking Derivatives (LSD) is clearly the biggest and most talked about innovation in DeFi in recent months. As of May 15, 2023, Lido, currently the largest liquid staking protocol in terms of TVL (Total Value Locked), is over 26% of DeFi’s total. Since Shapella’s smooth upgrade, LSD have been…

Intro Digital Finance Group (DFG) is a global blockchain and cryptocurrency investment firm founded in 2015 with assets under management of over $1 billion. Over the past nearly 8 years, DFG has invested in over 130 projects and the number continues to grow. In the process, DFG has grown with these…

New Narrative in Web3: the Rise of AppChains The user growth and mass adoption of blockchain applications has put tremendous pressure and issues on Ethereum and other public blockchain infrastructures in terms of performance and user experience. …

The long-awaited Ethereum Shapella upgrade was officially triggered on April 12 at 22:27 pm (UTC) in the 194,048th epoch and finalized at 22:42 pm (UTC). With this, the world’s second-most popular cryptocurrency has successfully completed the final step of its transition to Proof of Stake (PoS). Shapella is a portmanteau…

It has been a routine for our founder & CEO James to share his prediction each year. Now, it is time for 2023. Today, we will cover web3,DeFi, NFT, GameFi, Metaverse, Cryptocurrency, Polkadot and many more. Are you ready? Let’s get started! Q: As everyone knows, 2022 was a pretty…

Part 1: The Rise of AI Propels Demand for Render Network Resources ChatGPT, hailed by Bill Gates as “as revolutionary as mobile phones and the internet”, has become hugely popular around the world. This intelligent chatbot heavily relies on high-performance GPU chips to train models as its underlying technology is…