Polkadot Restates Its Case That DOT Has ‘Morphed’ Away From Security Status
The Web3 Foundation, which supports the Polkadot protocol, has again presented its argument that its native DOT (DOT) token is not a security. In a Twitter thread, the foundation emphasized its efforts to comply with U.S. securities laws, as well as Securities and Exchange Commission guidance on digital assets, and declared that DOT had successfully “morphed” and is software, not a security.
Polkadot Outshines Other Networks in the Last Month With the Highest…
Polkadot [DOT] has emerged as a leading blockchain in terms of development activity, according to Santiment. The network recorded the highest number of GitHub commits in the last month, showing a high level of development activity and engagement from its protocols deployed on the interoperable blockchain.
Polkadot [DOT] Ecosystem’s Weekly Digest and Everything Latest
Polkadot [DOT] recently published the latest edition of its weekly digest, mentioning all the notable developments that happened in the ecosystem in the last seven days.
5 Best Cryptocurrencies To Buy in February 2023
Given the strong performance of the majority of assets, Finbold has analyzed the industry thoroughly to determine which cryptocurrencies investors should keep an eye on in February.
Polkadot Retests Important Support Level, Should You Buy the Dip
Polkadot [DOT] shot past the $5 resistance level last week when Bitcoin [BTC] broke above the $17.6k mark. DOT continued to have a bullish outlook on the higher timeframes. Both the market structure and the momentum favored the buyers on the daily timeframe.
Polkadot Enhances Cross-Chain Abilities Between Its Blockchains
Polkadot has released version 3 of its cross-chain messaging format Cross-Consensus Messaging (XCM), which enhances interoperability between different blockchains in its ecosystem.
DOT Investors can be in a State of Frenzy Despite Polkadot’s Latest Achievements
Polkadot [DOT] was in the news again as it managed to gain the #1 rank on this list of cryptocurrencies with the highest Nakamoto Coefficient metric. The Nakamoto Coefficient shows the number of validators (nodes) required to successfully slow down or prevent any particular blockchain from operating as intended. The higher the Nakamoto Coefficient in relation to the total number of validators, the less likely a decentralized blockchain is to be disrupted by collusion. Apart from DOT, Avalanche [AVAX] and Solana [SOL] made it to the top three on the list. (ambcrypto)
Crypto Market Cap Taps $1 Trillion As Solana, Polkadot Explode Double Digits
The rally from the past two weeks has pushed the cumulative market cap of all crypto assets to above $1 trillion for the first time since the FTX debacle.
Biggest Movers: AVAX 22% Higher, as DOT Nears 1-Month High
Avalanche was one of Thursday’s big gainers, as the token rose by as much as 22% in today’s session. The move came as inflation in the United States fell to 6.5% as markets were expecting. Polkadot was another notable mover, with prices climbing close to a four-week high.
What Is Layer 0 in Blockchain?
As a foundational layer to blockchain networks and applications, Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability.
Polkadot’s Q4 Report Highlights Web3’s Accelerated Growth & Innovation
The Polkadot ($DOT) network says it ended 2022 on a high, reporting multiple key developments that took place in the fourth quarter as well as strong developer momentum.
Syntropy Switches From Polkadot to Cosmos for Web3 Development
Syntropy publishes an official blog post to share the news that it has decided to partner with Cosmos for further development of Web3. The venture is currently working with the Polkadot ecosystem. About certain issues in the process, the team behind Syntopy has decided to switch to Cosmos.
Popular Crypto Bridges and How They Work
Crypto or blockchain bridges are infrastructure protocols connecting two independent blockchain networks, enabling easy communication between them, thus improving interoperability.
Is Polkadot (DOT) No Longer a Security? The Web3 Foundation Argues Its Case
Polkadot’s asset, DOT, could easily fall into the “securities” category. It was used to raise funding for the development of the Polkadot ecosystem many years ago. However, the Web3 Foundation argues that is all in the past. Thanks to the ongoing evolution of the Polkadot ecosystem, its native token now has real utility. In addition, it is part of a broader decentralized ecosystem, resulting in DOT being more akin to “software”.
Polkadot [DOT] Out-Competes Solana and Cardano in These Metrics
A tweet on 8 December revealed that <a href="https://ambcrypto.com/polkadots-dot-weekly-roundup-has-these-interesting-insights-for-its-traders/">Polkadot</a> out-competed other networks in terms of ecosystem expansion and development activity. This growth, however, did not translate to the social front as engagements and sentiment for <a href="https://ambcrypto.com/will-dot-continue-walking-on-thin-ice-disregarding-polkadots-milestone/">Polkadot</a> declined.
Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day
Polkadot rose to its highest level in nearly two weeks on Dec. 2, despite cryptocurrency markets sliding following the latest nonfarm payrolls report. The global crypto market cap is down 0.57% as of writing, as prices consolidated following the data being released. Uniswap was also higher, despite the turbulent sentiment on Friday.
Polkadot Ecosystem Announces the Formation of Polkadot Alliance
It came to pass that seven affiliated teams within the Polkadot ecosystem convened in order to make the official announcement that they had come together to form the Polkadot Alliance. Overall, this is an on-chain collective, a factor that will be crucial in the formulation and implementation of a certain set of norms that the concerned community must adhere to.
Polkadot Investors Can Expect Marvels in 2023 Only if DOT Can Cross These Hurdles
The <a href="https://ambcrypto.com/could-polkadot-dot-be-the-underdog-coin-that-could-help-your-portfolio/">Polkadot</a> network seems to be concluding November on an interesting note courtesy of its Sub0 conference. The network released an update highlighting some developments that may lay the foundation for its 2023 progress.
On-Chain “Polkadot Alliance” Formed To Recognize Ecosystem Contributors and Establish Community Code of Ethics
Today seven teams from the Polkadot ecosystem announced the formation of the Polkadot Alliance.
Polkadot (DOT) Clings To $5 Level Despite Unforgiving Bear Market
Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels.
