The Protocol: 'Private Jet Brandization' Is One Way Polkadot Burnt Cash

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Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

June proved to be an incredibly ugly month in crypto markets , but wasn't completely devoid of decent blockchain tech stories. One obsession of crypto twitterati during the past week was poring over the line items in Polkadot's treasury transparency report. The $6.8 million to sponsor a"prestigious soccer club" was just one of many expenses held up to public scrutiny.and copies of invoices, detailing its spending over the past six months.

in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

 

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