A dead cat bounce from Bitcoin and altcoins’ critical support levels may attract further selling that could result in lower levels over the next few days. The Nasdaq, S&P500 and Dow all corrected sharply on Sep. 3 and opened today with additional downside, suggesting that traders are rushing to the exit. Bitcoin (BTC) and several…
Read more
Smart contracts on Ethereum will be able to directly interact with Polkadot. A new project building on Polkadot wants to create a comprehensive bridge with Ethereum that would eventually relay direct smart contract instructions. The bridge is being developed by Snowfork, a software development company. The initial implementation is fairly straightforward, only allowing Ether (ETH)…
Read more
Polkadot (DOT) price has increased by 200% in less than eight days and top crypto analysts believe the blockchain has a lot more to give. Spartan Black, a major cryptocurrency fund based in Asia, believes Polkadot (DOT) has more fuel left in the tank and could soar into the top-3 list of biggest cryptocurrencies by…
Read more
The EOS-based DeFi project announced a token swap to support its newest product. Having set up shop on Polkadot just a week and a half ago, an EOS-based decentralized finance project called Equilibrium is launching a new governance token called EQ. EQ is perhaps the next generation of Equilibrium’s NUT, the platform’s first governance token…
Read more
Equilibrium is not quite ditching EOS, but Polkadot will be its new home. An EOS-based decentralized finance project, Equilibrium, has announced its plans to develop a new interoperable protocol on the Polkadot (DOT) blockchain. The project is set to develop an independent parachain connected with Polkadot, featuring an independent utility token called EQ. It acts…
Read more
The Polkadot project appears to be launching its second token sale after a “building with Polkadot” page is published. Persistent rumors on Polkadot channels and groups and a series of forms and NDAs to “build with Polkadot” suggest that the project may soon run a new token sale for its token, the DOT. The purported…
Read more
Polkadot is now officially in mainnet mode as the last centralizing shackle has been thrown off by the network. The Polkadot blockchain is now fully decentralized and permissionless after a decision passed by community governance removed the admin rights enjoyed by the Web3 Foundation. Gavin Wood, the co-founder of Polkadot developer Parity Technologies, tweeted the…
Read more
The exchange also plans to launch additional trading pairs in the near future. OKEx has listed the native token of Polkadot (DOT) on its trading platform. According to an announcement shared with Cointelegraph on July 17, DOT spot trading against Tether’s USDT stablecoin on OKEx started at 8:00 AM UTC today. As Cointelegraph recently reported,…
Read more
During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. During yesterday’s Unitize blockchain conference, developer Bruno Škvorc illustrated how a Polkadot-based blockchain can be launched within one hour. When speaking at event on July 7, Škvorc explained in detail how to create a blockchain based…
Read more
Ethereum co-founder Gavin Wood spoke at the Unitize conference on July 6 regarding blockchain governance in the Polkadot project. Gavin Wood, the co-founder of Ethereum and Parity Technologies, says crypto-economic systems act like “nation-states” of the internet, running on governance as a type of parliamentary democracy. Wood joined the Unitize conference on July 6 to…
Read more
