Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday. BTC is down 10 percent in the past 24 hours while ETH has lost around eight percent over that same time frame. This drop comes amid two events: Developments indicate that Mt. Gox’s liquidators are…
Crypto custodian Fireblocks has announced the launch of new proof-of-stake capabilities on its platform, enabling its 165 enterprise and institutional clients to stake cryptocurrencies. The service rolled out with support for Polkadot (DOT), Tezos (XTZ), and Ethereum 2.0 (ETH) and promises a yield increase ranging between 5 and 15 percent. Fireblocks users can now stake…
The high-speed blockchain has garnered quite the fan following in the past year. Parachains on Polkadot Blockchain ecosystem and crypto protocol Polkadot saw the launch of its first-ever parachain yesterday, a move that pushed the prices of its DOT token to over $12.5 as of press time. An open-source project founded by the Web3 Foundation,…
Blockchain platform Polkadot announced that it has hired leading design agency Koto to give the blockchain platform a complete design revamp. However, all key decisions regarding the rebranding process will be driven and approved by the Polkadot community and its representatives on-chain. Multichain blockchain platform Polkadot is rebranding Polkadot, a multichain blockchain platform focused on…
Polkadot, Cosmos, and Avalanche have all been created to solve the same set of problems—the low latency and scalability issues plaguing Ethereum. However, each of the blockchains took on a different approach to improving Ethereum. We explore the subtle differences between them and the ways each of them will complement the network they set out…
After signing off on an action-packed year, Polkadot is gearing up for an even more eventful 2021. We take a look at some of the projects that are set to launch on the blockchain platform this year, as well as a few major updates to the networks that are set to see the light of…
While Polkadot’s native token DOT is down 10 percent in the past day, it is still up 50 percent in the past week after it has undergone an extreme rally, outpacing basically all other large-cap cryptocurrencies. DOT is now the sixth-largest cryptocurrency in the world by market capitalization, having moved past Bitcoin Cash (BCH). At…
According to Gavin Wood, the founder and lead developer at Polkadot, The ambitious blockchain project has had a hugely successful year and will continue to be the most decentralized network on the market. Wood published a roundup of the company’s achievements in 2020 and shared the company’s plans for next year. Grant programs and treasuries…
Polkadot (DOT) has increased by over 67% in the past week as the best-performing top 100 cryptocurrency in the last seven days. There are two key reasons behind the immense rally of Polkadot. First, it broke out against Bitcoin, which likely led traders to increasingly accumulate DOT. Second, it is fundamentally improving as potentially the…
Two of the biggest cryptocurrencies surged skyward over the weekend amidst greater retail interest and improving fundamentals. ADA and DOT surge Cardano and Polkadot logged big gains for speculators and investors over the weekend amidst greater retail interest and improving fundamentals. The former, a decentralized public blockchain that aims to support the deployment of smart…