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Key Takeaways: Polkadot Executes a Record-Setting Migration Polkadot has confirmed the successful completion of its Asset Hub migration, marking one of the largest blockchain transitions ever achieved without disruption. The November 4 event, led by Parity Technologies and the Polkadot Technical Fellowship, transferred 1.63 billion DOT and 1,526,324 accounts within just 8 hours and 39…
Polkadot is a next-generation blockchain protocol that aims to solve one of the biggest problems in the crypto space—interoperability between blockchains. Developed by Ethereum co-founder Dr. Gavin Wood and supported by the Web3 Foundation, Polkadot enables a web of interoperable and scalable blockchains to coexist within a unified network. Central to its functionality is the…
In a bold move to stabilize its finances, Polkadot [DOT] has introduced a proposal to convert 500,000 DOT tokens into Threshold Bitcoin (tBTC), an ERC-20 token backed by Bitcoin. The year-long conversion would follow a dollar-cost averaging (DCA) approach facilitated by Hydration, a treasury management platform. The strategy aims to hedge Polkadot’s treasury against volatility,…
DOT Eyes Financial Resilience with Gradual $1.9M BTC Reserve via Hydration Protocol Polkadot (DOT) is taking a bold step toward treasury diversification with a new community-backed proposal to integrate Bitcoin into its financial ecosystem. In a strategic move, the proposal suggests converting 501,000 DOT tokens—worth roughly $1.9 million—into tokenized Bitcoin (tBTC) over the next year….