Cryptocurrency Analysis and News Portal
The American exchange-traded fund (ETF) provider WisdomTree continues expanding its cryptocurrency products in Europe by launching three new crypto exchange-traded products (ETP) backed by Solana (SOL), Cardano (ADA) and Polkadot (DOT).WisdomTree announced Tuesday the launch of three new physically-backed crypto ETPs, including WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW) and WisdomTree
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Other ETP issuers are planning crypto-linked investment products that also yield staking returns. Original Source
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The advent of tokens with steady prices is what has enabled DeFi protocols on other blockchains, like Ethereum, to flourish. Activities like lending and borrowing, for instance, become far easier to execute on a blockchain when users can provide less volatile assets – e.g. stablecoins – as collateral. Source
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The lending protocol with $500 million in TVL is making a play for market dominance. Source
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Over time, Lunar Labs says it plans to decentralize Moonwell product development via the Moonwell DAO, whose WELL governance token will be distributed to Lunar Labs investors, Moonwell users and other Moonwell community members. WELL won’t come with voting rights when Artemis launches, but holders will be able to stake
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In the works since last summer, the Efinity parachain is courting games on existing smart-contract blockchains. Original Source
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Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine Posts DOT Address, Receives
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Electricity consumption has been one of the major concerns with the advent of cryptocurrencies especially Polkadot. Though with models running with the Proof-of-Stake (PoS) consensus mechanism, this electricity use seems to be minimal since their process for transaction validations is staking. But the story is not the same for those
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Astar Network, a parachain or parallel chain of the Polkadot network, has announced the $100 million Astar Boost Program fund to provide liquidity and offer financial support and incentive programs to smart contract developers. The company told CryptoX that the program was funded through $22 million in fundraising, as well
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Over the last week, Polkadot shot up by 16% pushing DOT to trade at $21.15 at the time of writing. The bullish momentum helped the coin to trade above the $20 support level. Over the last 24 hours, DOT lost 2% of its market value. The coin was seen oscillating
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