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Polkadot (DOT) recently made some headlines after opening up its marketing budget and dividing opinions in the cryptocurrency market. The Web3 project continues to bet on spending transparency, now revealing a nearly $400,000 budget for Token2049 in Singapore. While reporting the six-digit expenses for the crypto event, Eric Holst raised a question: “Is Token2049 in Singapore worth it?” In the comments, people exposed different answers and opinions to Holst’s question, with a mix of supportive and opposing biases. Picks for you Cardano founder slams Ethereum as a ‘dictatorship’ 1 hour ago Pro crypto trader announces ‘epic pump season,’ here’s when 3 hours ago ...

The Token2049 conference in Singapore attracted some of the biggest names in crypto, and some of them, unsurprisingly, took the opportunity to pump their own bags. According to some attendees who watched Arthur Hayes’ speech at the conference on Wednesday, the ex-BitMEX CEO took nearly 30 minutes of stage time to promote one of his favorite crypto projects, Pendle. On Friday, he sent over a million dollars of Pendle to his accounts at Binance and ByBit. Because centralized exchanges like Binance and ByBit commingle customer assets together, preventing absolute confirmation of what occurred, many people interpreted the transfer as an indication that Hayes sold those tokens . This is why @CryptoHayes is my daddy pic.twitter.com/wewtj8hLi1 — Pendle Intern (@PendleIntern) September 18, 2024 Reactions to Arthur Hayes’ Pendle trade Reactions to the transfer were immediate. Several made reference to Hayes’ iconic, underhanded exclamation, “Yahtzee!” while another said, “T...