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.
