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.
