Avalanche and Polkadot increases despite low global trading volumes
Today, Avalanche and Polkadot have risen to prominence Today is Sunday, which means that crypto trading , like the rest of the world, is observing the Sabbath. However, this has not prevented altcoins Avalanche and Polkadot from rocketing to the top of the cryptocurrency market capitalization leaderboard. Avalanche was the twentieth largest cryptocurrency by market […]
Polkadot data protocol gets $9 million in funding from SubQuery
Polkadot initiatives continue to receive increasing funding from blockchain venture investors. SubQuery’s goal is to deliver network-based data indexing technology. A $9 million fundraising round for the development of Polkadot’s first data aggregation layer has been completed by decentralized data aggregator SubQuery , a move that could improve data indexing for the growing interoperability network. […]
Institutional exposure to altcoins reaches new highs
Investments in Solana-based investment products increased by an astounding 388 percent last week, with institutional investors obtaining exposure to $13.2 million worth of SOL products. Altcoin exposure is now in high demand among institutions, with the altcoin market share currently accounting for 35 percent of all capital invested in crypto investment products, according to data […]
Polkadot partners with Diem blockchain app
The cooperation, according to Pontem CEO Boris Povod, aims to improve Polkadot’s current node infrastructure, with Pinknode delivering “reliable and secure API endpoints.” A partnership between Pinknode, a provider of node infrastructure, and the decentralised application attempting to connect Facebook’s Diem blockchain with public networks has been announced. Announcing its partnership with Pinknode on Friday, […]
Altcoin news: The SEC might go after Cardano or Polkadot
Regulatory concerns have hung over cryptocurrencies and related businesses all around the world for a long time, with the SEC imposing new rules on a number of organisations. With crypto-assets such as XRP being accused of being a security by the Securities and Exchange Commission [SEC] of the United States and Binance receiving strong warnings […]