ChainCatcher news, according to market news, 21Shares has registered its Polkadot trust in Delaware, and the trust product is named "21SHARES POLKADOT TRUST".

ChainCatcher news, according to market sources, CME CF has launched the New York Reference Rate for Polkadot (DOTUSD_NY Reference Rate), which calculates a standardized price daily during the Eastern Time market hours (3 PM to 4 PM).This move provides traders, institutions, and analysts with a transparent and standardized pricing reference for DOT. Currently, the CME CF New York Reference Rate covers six cryptocurrency assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), Polygon (POL), and Polkadot (DOT).

ChainCatcher news, Hydration announces the launch of its decentralized lending platform Hydration Money Market. The new platform allows users to provide cryptocurrency as collateral, earn deposit interest, and borrow various digital assets.The platform is built on the Polkadot blockchain, emphasizing the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain priority liquidation, a mechanism designed to minimize losses and prevent exploitation during the liquidation process.

ChainCatcher news, the cross-chain application protocol Hyperbridge has launched its mainnet on Polkadot. Polkadot is a blockchain designed with interoperability at its core. Its modular architecture allows developers to build customized blockchains. After securing a parachain slot on Polkadot, the blockchain interoperability protocol Hyperbridge officially launched its mainnet, aiming to elevate cross-chain communication to a new level.

ChainCatcher news, the blockchain education platform EasyA has announced the launch of EasyA x Polkadot University. This is a university focused on cultivating the next generation of blockchain developers. EasyA alumni have already founded companies valued at over $250 million.EasyA x Polkadot University will bring the next generation of founders into the Polkadot ecosystem, allowing them to launch their own projects on Polkadot.

ChainCatcher news, Polkadot community member Eric Holst disclosed all marketing expenses for Polkadot during Token2049 on LinkedIn, totaling $387,772.This includes:$199,500 for event sponsorship$100,000 for a 36 square meter booth ($70,000 for airport billboards, which did not occur)$25,000 for demand generation activities, $20,000 covering travel expenses for 8-10 staff members$10,000 for merchandise (including 300 shirts, 180 pairs of flip-flops, 200 fans, 180 hats, and a Messi jersey from Inter Miami)$5,000 for photography and videography, along with other miscellaneous expenses.Holst stated that these funds came from the Events Bounty and OpenGov Treasury, approved by a DAO community vote.According to LinkedIn, Eric Holst works at Distractive, which provides core marketing services for the Polkadot network and ecosystem.

ChainCatcher news, according to Chainwire, hardware wallet startup Kampela has completed a new round of financing, with participation from a decentralized autonomous organization (DAO) on the Polkadot Network.It is reported that this is a hardware project fully supported by DAOs in the Polkadot ecosystem.

ChainCatcher news, according to Chainwire, the data analytics platform Dune has integrated over 50 parachains in the Polkadot ecosystem. This new integration will expand Dune's coverage to the entire Polkadot ecosystem, providing more comprehensive on-chain analysis.

ChainCatcher news, according to crypto analyst DefiIgnas, the Ethereum Foundation currently holds ETH worth $845 million, accounting for approximately 0.25% of the total ETH supply. According to the latest report, the Ethereum Foundation allocated $30 million in the fourth quarter of 2023 and $8.9 million in the third quarter. The funds are primarily used for global conferences, online courses, innovative projects, and more.However, the Ethereum Foundation lacks a comprehensive and transparent report on total expenditures. The latest available report from 2021 shows that the Ethereum Foundation's total spending on internal expenses, external grants, and rewards was $48 million, of which $21 million was for L1 research and development, $9.7 million for community development (including grants and education), and $5.1 million for internal operations (salaries, legal fees, etc.).At an annual spending rate of $100 million, the Ethereum Foundation will deplete its ETH reserves in 8 years, which means they need the ETH price to rise or start staking to generate income to sustain operations for a longer period. Crypto analyst DefiIgnas stated that although Polkadot faces controversy due to its extravagant spending, at least these reports are transparent and accessible, and he looks forward to more transparency in the operations and reporting of the Ethereum Foundation.

ChainCatcher news, according to Decrypt, the application chain infrastructure protocol Tanssi announced an important partnership with Grupo Flow, one of Brazil's largest digital media ecosystems, to assist its blockchain expansion on Polkadot. Grupo Flow has over 23 million subscribers and is entering the blockchain space by creating Flow Chain.Tanssi's infrastructure will support Grupo Flow in launching a dedicated application blockchain, Flow Chain, enhancing user engagement through tokenized interactions and decentralized governance. Grupo Flow's Chief Business Officer Andre Gaigher stated that the potential to connect with audiences through their own chain is exciting, and they look forward to exploring the roadmap in the lab to drive the initial functionalities of the ecosystem. Through integration with Polkadot, Flow Chain will leverage the interconnected blockchain network to expand into ecosystems like Ethereum and Avalanche, ensuring security and consistent performance.

According to ChainCatcher news, as shown on the Polkadot forum website, Web3 Foundation scientist Jonas proposed to reduce Polkadot's inflation to 8%. In addition, he proposed to eliminate penalties for stakers when the staking rate does not match, simplify the inflation system, and reduce unnecessary treasury income and system complexity.

ChainCatcher news, Web3 Foundation CEO Fabian Gompf announced at the Polkadot Decoded summit that Scytale Digital will launch a new Polkadot ecosystem fund in October, with the specific size of the fund yet to be disclosed.