Bank Frick, the European pioneer of blockchain banking, is now offering clients staking as a service for digital assets.The new staking service offers Bank Frick clients the chance to win rewards in the form of newly generated digital assets - similar to interest on a savings account - by holding their coins.

The Polkadot community is looking into conducting a research study centered around “token morphism,” a term used to describe the process that was used to transform the protocol's native dot token from a security into software.

Cryptocurrency has been in the zeitgeist for quite some time now, and one of the most significant players in the game is Polkadot ($DOT). The recent ruling by the US Securities and Exchange Commission (SEC) that $DOT is not a security has been a game-changer for the digital asset and its investors.

Binance’s Proof of Reserves system essentially allows users to verify through a cryptographic tool called a Merkle Tree to verify that the cryptocurrency has their assets in reserve, backing their deposited funds on the platform.

DAM Finance, a global shared liquidity layer, announced its decentralized, multi-chain liquidity infrastructure is live on Ethereum and Moonbeam, a Polkadot parachain. The launch marks a significant milestone in DAM’s roadmap, featuring the first of several multi-network decentralized applications designed to improve value mobility across the fragmented digital assets space. 

Polkadot, the Layer 0 blockchain network, ended Q4 2022 with a surge in user activity, according to a recent report by Messari. Despite the unexpected fallout of the cryptocurrency exchange FTX, Polkadot’s user base continued to grow.

The value of Polkadot [DOT] dropped after Bitcoin [BTC] broke below the $23.5K level. At press time, DOT was trading at $6.225, over 4% down in the past 24 hours. Similarly, BTC was closer to retesting or breaking below the $23K level. 

Blockchain is commonly associated with Bitcoin and cryptocurrency and while that’s not wrong, there’s a lot more to the tech than digital currency. To get into it, we’re going to break down the three blockchain generations and how the technology is evolving.

The Web3 Foundation, which supports the Polkadot protocol, has again presented its argument that its native DOT (DOT) token is not a security. In a Twitter thread, the foundation emphasized its efforts to comply with U.S. securities laws, as well as Securities and Exchange Commission guidance on digital assets, and declared that DOT had successfully “morphed” and is software, not a security. 

Polkadot [DOT] has emerged as a leading blockchain in terms of development activity, according to Santiment. The network recorded the highest number of GitHub commits in the last month, showing a high level of development activity and engagement from its protocols deployed on the interoperable blockchain.