Polkadot

An open-source sharded multichain protocol, Polkadot connects and secures a network of specialized blockchains. It facilitates cross-chain transfer of any data or asset types, not just tokens, thereby allowing blockchains to be interoperable. Let's take a look at the token's performance,...

Rated Labs raised $12.9 million in Series A funds with the hope of expanding into Layer 2 networks. What Happened: Crypto venture firm Archetype led the fundraising effort, which included other seed investors, The Block reported. Rated Labs currently offers Ethereum (CRYPTO: ETH) infrastructure...

USDC (CRYPTO: USDC) is now on Polkadot. What Happened: The stablecoin can be transferred to parachains in Polkadot through the XCM protocol using Circle Account and Circle APIs. The announcement comes on the heels of Circle's announcement that the second-largest stablecoin by market cap will be...

Renowned crypto strategist Michaël van de Poppe recently shed light on the optimal times to invest in altcoins and the potential indicators that signal a market shift. "When do altcoins become a better asset to buy than Bitcoin (CRYPTO: BTC)?" Van de Poppe asked. While many believe...

Telecom Vodafone (NASDAQ: VOD) announced its entry into the public blockchain realm Thursday through a strategic alliance with Aventus, a Web3 enterprise solution provider. The partnership with Aventus on Polkadot is for supply chain and logistics, David Palmer, Vodafone's blockchain lead, told...

Gavin Wood is stepping down as CEO of blockchain infrastructure company Parity Technologies. He will continue to be the company's principal investor and architect, according to a report. Wood, who was also a founding member of Ethereum and Polkadot (CRYPTO: DOT), told Bloomberg News that the...

Bitcoin (CRYPTO: BTC) short investment funds accounted for the majority of cryptocurrency inflows last week. What Happened: In its latest Digital Asset Fund Flows Weekly Report, CoinShares found that short-Bitcoin funds saw a record $51 million inflows for the week ended July 1. Inflows...

Weekly inflows to cryptocurrency investment products totaled $193 million for the week ending March 26. What Happened: According to data from CoinShares, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and altcoins recorded the strongest week of inflows since mid-December. Bitcoin saw $97.8 million...

The company behind popular Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) trust funds is launching a new investment that will hold seven cryptocurrencies. Here’s a look at the new offering. What Happened: Grayscale Investments is launching the Grayscale Contract Platform ex-Ethereum Fund....

Cryptocurrency investment products recorded outflows for the second consecutive week, according to data collected by CoinShares. What Happened: Bitcoin (CRYPTO: BTC) saw $32.8 million worth of outflows for the week while Ethereum (CRYPTO: ETH) saw $16.6 million worth of outflows for the week ended...

Coinbase Global Inc (NASDAQ: COIN) has been slapped with a class-action lawsuit that alleges the cryptocurrency exchange is operating as an unregistered securities bourse. What Happened: A complaint filed with the Southern District Court of New York on March 11 alleges that...

Former Goldman Sachs Group Inc (NYSE: GS) hedge fund executive Raoul Pal says that the crypto market is growing at 137% a year while the internet grew at 76%.  Based on data from Crypto.com, the World Bank, and Global Macro Investor himself, Pal says that even if the growth of the crypto...

A fund is launching to buy and hold non-fungible token artwork as a new investment vehicle. Here are details and some of the big names involved that you need to know.  What Happened: The NFT fund, Curated, is launching with $30 million in funding from a leading team of...

Cryptocurrency donations to the Ukrainian government and non-governmental organizations (NGOs) have exceeded $52 million. Donations To The Government: The official Twitter handle of Ukraine put out Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Tether (USDT) addresses on Feb. 27.  The BTC...

Ethereum (CRYPTO: ETH) co-founder and Polkadot (CRYPTO: DOT) founder Gavin Wood has donated $5.6 million worth of DOT to Ukraine as the country tries to bolster its reserve of cryptocurrencies amid a war with neighboring Russia. What Happened: Wood sent 298,367 DOT to Ukraine’s DOT address,...