Polkadot News Archives - Cryptolifedigital

Koala Coin (KLC) Presale: Capitalize on FOMO During Market Fluctuations?

16Apr

By OLAJIDE SAMUELNo Comments

Blockchain

Koala Coin (KLC) Presale: Capitalize on FOMO During Market Fluctuations?

The cryptocurrency market might be experiencing some volatility, but that's not stopping Koala Coin (KLC) from making a splash. With the presale for KLC tokens currently underway at $0.014, the project is aiming to capitalize on the "fear of missing out" (FOMO) sentiment among investors. Read Also: Shiba Inu Frenzy: Burning Bright Despite Market Gloom Koala Coin: More Than Just a Meme Coin KLC promises to be more than just your average meme coin. Built on a secure and transparent blockchain, it combines cutting-edge technology with a fun and engaging user experience. KLC tokens themselves offer exclusive benefits like: Governance rights: Holders can participate in shaping the future of the Koala Coin ecosystem. Staking rewards: Earn passive income by holding onto your KLC toke...

In-Depth Analysis: The Impending Crypto Surge’s Impact on Solana’s Dominance

7Apr

By Kayode Oke MichaelNo Comments

Blockchain

In-Depth Analysis: The Impending Crypto Surge’s Impact on Solana’s Dominance

Cryptocurrency enthusiasts are observing a shift in the market, with new coins showing potential to challenge the top performers. Solana has been a notable name, but new contenders are poised to rise in the bull run of 2024. This article delves into which tokens could see significant growth and what that means for Solana's position in the market. Unveiling the Viral Phenomenon: BlastUP's $4 Million Success Story BlastUP, the premier launchpad on Blast, has raised $4 million in just a few weeks, attracting smart investors who recognize its potential. BlastUP token holders enjoy participation in an Airdrop, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking. Read Also: Solana (SOL) Price Soars, Nears $150 Resistance Level Backed by B...

Polkadot Creator Parity to Enhances Klaytn’s Metaverse Development

25May

By CryptolifedigitalNo Comments

Cryptocurrency

Polkadot Creator Parity to Enhances Klaytn’s Metaverse Development

Smart contracts platform Klaytn is going to strengthen its position in the Metaverse segment as a partnership with Parity Technologies is announced. Polkadot's creator will also support Klaytn's novel "canary chain." Read Also: Whale Purchases 87 Billion SHIB, While Shiba Balance of Top Investors Diminishes Klaytn partners with Parity for Klaytn-Substrate release According to a press release shared with U.Today, Kakao's blockchain platform, Klaytn, has partnered with Parity Technologies, the engineering team behind the world-leading cross-chain ecosystem Polkadot (DOT) Together, the two teams will work on Klaytn's sidechain, or "canary network." Built on Polkadot's proprietary Substrate-based SDK, it will be dubbed Klaytn-Substrate. Initially, this network wi...

Polkadot Collaborates With Frank McCourt’s Project Liberty to Democratize Social Media Data

24May

By Cryptolifedigital1 Comment

Cryptocurrency

Polkadot Collaborates With Frank McCourt’s Project Liberty to Democratize Social Media Data

Polkadot and Project Liberty have joined forces to decentralize social networking, give power to users, and enhance privacy. Leading interoperability blockchain network Polkadot has partnered with Frank McCourt’s Project Liberty on the first implementation of the latter’s Decentralized Social Networking Protocol (DSNP). Read Also: fUSD stablecoin Release and announcement of Cronje’s return send Fantom (FTM) price higher Democratizing Social Media Data As stated by the press release shared with Cryptolifedigital, the new collaboration will see Project Liberty leverage Polkadot’s technology to boost the adoption of its DSNP. Project Liberty is an initiative designed to build a more equitable and user-friendly technology infrastructure for the internet, dubbed ...

Polkadot Recovers Another 7% In Spite Of Bitcoin Slumps Below $30,000: Weekend Watch

15May

By CryptolifedigitalNo Comments

Cryptocurrency

Polkadot Recovers Another 7% In Spite Of Bitcoin Slumps Below $30,000: Weekend Watch

While most of the larger-cap alts are slightly in the red, DOT has jumped by 7%. Bitcoin trades close to $30,000. Bitcoin has stayed just under and around the $30,000 level after the recent huge volatility that brought the asset south by five digits. Most altcoins are quite camped on a daily scale, with a few exceptions which include Polkadot, Bitcoin Cash, and Monero. Read Also: What Is Ethereum? Simple Guide for Beginners Bitcoin Stands Still Below $30K The past ten days were nothing short of a volatile rollercoaster for bitcoin and the rest of the market. The largest digital asset stood close to $40,000 before it plummeted by $4,000 in a day. It dumped furthermore in the next couple of days and found itself struggling to remain above $30,000 by May 11. Notwithstanding, i...

Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market

13May

By Cryptolifedigital2 Comments

Uncategorized

Bitcoin Regains $5k While The Cardano And Polkadot Spikes by 25%: Bullish Market

Almost all of the crypto market has turned green, except for a few exceptions like Terra (another 99% daily dump). After several days of massacres, bitcoin finally initiated an impressive leg up, resulting in a $6,000 green daily candle. Most altcoins also joined the ride, with massive price increases from Cardano, Polkadot, Avalanche, and others. Read Also: SHIB Spike 25% as Token Gets Listed on Top Middle East Crypto Exchange Bitcoin Taps $30K The volatile nature of the cryptocurrency market has been quite evident in the past ten days ago. On May 5, bitcoin stood close to $40,000, with the community anticipating another price jump. Still, the reality was majorly more brutal and violent. BTC was firstly dumped by $4,000 in hours before sliding below $34k just a few days af...

Polkadot, Moonbeam, Moonriver Now Connected by Wanchain Bridges

5May

By CryptolifedigitalNo Comments

Cryptocurrency

Polkadot, Moonbeam, Moonriver Now Connected by Wanchain Bridges

Over and above, the interworking platform Wanchain is going to release bridges for Substrate-based assets xcKSM, xcKAR, xcKINT, xcRMRK, xcBNC, and xcKBTC. Wanchain releases three bridges for Polkadot's networks As said by the official announcement shared by Wanchain, its bridge ecosystem now creates a single interoperability space for Polkadot (DOT) Relay Chain and Substrate-focused DeFi networks Moonbeam and Moonriver. Read Also: Dogecoin Suits Part of BIG3 Basketball Team https://twitter.com/wanchain_org/status/1522155048440156160 Specifically, non-custodial bridge mechanisms are activated between Wanchain (WAN) and Moonbeam (GLMR), Moonbeam and Polkadot (DOT), and Moonbeam (GLMR) and Moonriver (MOVR). With this update, GLMR, MOVR, and DOT as...

Polkadot Finally Launches Cross-Consensus Messaging for Full-Interoperability

4May

By Cryptolifedigital1 Comment

Cryptocurrency

Polkadot Finally Launches Cross-Consensus Messaging for Full-Interoperability

Polkadot has launched its messaging system, which will leverage a Cross-Consensus Messaging format (XCM). With this system, all Polkadot-based blockchains can directly communicate, making it the first time to do so, including the transfer of NFTs freely. Through the announcement, the network is making its goal of becoming “a fully interoperable multi-chain ecosystem,” a reality. Read Also: Cardano (ADA) to Host Anti-Counterfeit Platform with Micro Chips XCM is Quite Efficient Polkadot is a blockchain network that aims to achieve interoperability by hosting a web of linked, modular, and independent blockchains known as parachains. A separate network known as the Relay Chain is at its heart, which acts as the underlying security layer for its parachains. XCM ...

Polkadot Parachain Winners to Have Ledger Apps as Web3 Foundation Partners with Zondax

3May

By CryptolifedigitalNo Comments

Cryptocurrency

Polkadot Parachain Winners to Have Ledger Apps as Web3 Foundation Partners with Zondax

The Web3 Foundation has scored a crucial partnership with a leading infrastructure provider to provide all existing and future winners of Polkadot's (DOT) parachain slots auctions with the opportunity to work with Ledger wallets seamlessly. Read Also: Shiba Inu Community to Have Ownership Stake in Welly Web3 Foundation partners with Zondax to bring Polkadot (DOT), parachain slot winners, to the Ledger ecosystem According to the official announcement shared by Web3 Foundation, it has entered into a strategic long-term partnership with innovative software developer Zonda. As this partnership kicks off, Zondax starts developing software for Ledger hardware wallets that supports core native assets of the protocol-winners of Polkadot (DOT) parachain auctions. The inaug...

Interest in Polkadot Remains High Despite DOT’s Low Performance

2May

By CryptolifedigitalNo Comments

Cryptocurrency

Interest in Polkadot Remains High Despite DOT’s Low Performance

As stated by the late report published by blockchain research company Messari, the total number of addresses holding Polkadot's native DOT token experienced significant growth in the first quarter of 2022, underscoring "healthy interest" in the cryptocurrency. Still, Polkadot’s valuation dropped 19% over the aforementioned period, stiving to buck the broader bearish trend. Read Also: ApeCoin (APE) Can Now Be Traded with Leverage on Bitfinex The network's active users declined together with the price. Apart from the broader macro theme, Messari also attributes the drop to Polkadot users locking up DOT tokens to be able to vote in para chain slot auctions. The DOT price is down a whopping 72.70% from the peak of $54.98 that was reached on Nov. 8. The c...