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Traditional finance is going further down the crypto rabbit hole than you might think.Goldman Sachs, ICAP, JPMorgan, and UBS have bought the first exchange-traded product (ETP) that offers exposure to Polkadot’s DOT cryptocurrency for clients, according to Bloomberg terminal data reviewed by CryptoX.These banks and brokerages purchased small amounts of
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In Q2 2021, PolkaInsure’s mainnet will be launched and the PIS token will migrate from Ethereum to the Polkadot ecosystem.By now, nearly everyone has heard of decentralized finance. The growth of this exciting blockchain sector has gone parabolic since mid-2020, when the total value locked in DeFi products rose from
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With 2021 less than 24 hours away, Polkadot creator Gavin Wood says the project has built up a head of steam heading into the new year. In a 2020 roundup published on Wednesday, Wood highlighted Polkadot’s rise to becoming the number crypto for staking based on the volume of staked
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Parity Technologies has released the second version of its blockchain building kit, Substrate 2.0, according to a blog post shared Wednesday with CryptoX. The new release gives developers additional tools to customize a blockchain “precisely for your application or business logic,” the post reads. Parity Technologies is the developer of the Polkadot
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Swisscom Blockchain, a distributed ledger technology startup owned by telco giant Swisscom, has been awarded a grant from the Web3 Foundation to build a cloud-based protection layer for stakers on the Polkadot network. Announced Thursday, the grant will help build Swisscom Blockchain’s Kubernetes Operator for Polkadot, a way of protecting participants
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The leading crypto spot and derivatives exchange platform OKEx has stuck to its commitment to encourage community-based projects
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It hasn’t been even a week since the last announcement, and OKEx is back at it again by announcing the listing of one more cryptocurrency. According to the leading crypto spot and derivatives exchange platform, Web3 Foundation’s Polkadot (DOT) token is now available for spot trading against USDT. Polkadot is a
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OKEx has listed the native token of Polkadot (DOT) on its trading platform.According to an announcement shared with Cryptox on July 17, DOT spot trading against Tether’s USDT stablecoin on OKEx started at 8:00 AM UTC today. As Cryptox recently reported, Pokadot’s technology allows developers to spin up a new
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