Moonbeam reports that Moonbeam and Moonriver networks have been experiencing an increase in block creation time over the past couple of days due to technical issues. Now the problem is completely solved and the speed of creating new blocks is back to what it was before.

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Moonbeam has published a list of projects that will soon receive community grants: StellaSwap, Prime Protocol, DAM and Beamswap.

In total, these projects will receive $4.4 million in funds specifically allocated for grants for projects developing applications on the Moonbeam network.

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A vote has now been launched online to extend the validity period of this passed proposal related to setting the rules for giving away community grants. All $GLMR holders who vote in this proposal will receive a commemorative NFT from Moonbeam.

Link on vote: https://moonbeam.polkassembly.network/referendum/87

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The GLMR Moonbeam token cryptocurrency market has experienced impressive growth. In just 24 hours, GLMR's value surged 56% to hit $0.2630, causing many eyes to turn to this token today.
What's behind this explosive growth? The answer lies in the recent decision of Upbit – a well-known cryptocurrency exchange in South Korea – to list GLMR on its platform. For many people, this is not just a list. Given South Korea's influence and presence in the global cryptocurrency space, this is a strategic move that could expand Moonbeam's reach.

Moonbeam, which is deeply rooted in the Polkadot ecosystem, is known for its dedication to improving the integration of decentralized applications (dApps). Over the years, the platform has forged strategic partnerships, helping it rise to prominence and compete on equal terms with giants like Astar Network. The hope now is that Upbit's latest listing will serve as a catalyst to further consolidate its presence in the crypto world.
It's worth noting that prior to the recent surge, GLMR had been experiencing bearish weeks, hovering below the $0.2 mark. Therefore, this progress not only excites Moonbeam fans and investors, but also makes up for some previous losses.
At the time this news was published, the price of GLMR was recorded at US$0.239130, up 41% in the last 24 hours.
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