Monday , August 8 2022
Home / Tag Archives: polkadot

Tag Archives: polkadot

Polkadex Locks in Polkadot Parachain Slot by Allocating Nearly 1 Million DOT

Since the 21st of November 2021, the team at Polkadot has conducted regular DOT-based auctions for one of the coveted slots in their parachain network. There are plans for 100 parachain slots, give or take. Auctions for the first 41 have already been planned, with one happening roughly every ten days. The 16th auction started on the 29th of April and ended on the 6th of May with a victory for Polkadex, an order book-based DEX with support for Polkadot, Ethereum, and the...

Read More »

Bitpanda Staking ist hier!

Bitpanda hat nachgezogen und endlich Staking eingeführt. Und dies ist zimelich interessant, da Bitpanda eine der grössten Bitcoin-Börsen ist, europäische Lizenzen hat und zudem ziemlich hohes Vertrauen in der Bitcoin Community und bei den Kunden geniesst. Und wer auch in Zeiten von fallenden Kursen etwas Geld veridenen will sollte diesen Beitrag lesen. Bitpanda schreibt: Wir haben grossartige Neuigkeiten für dich: Bitpanda Staking ist ab sofort verfügbar! Nutze unser neues Feature und hol dir...

Read More »

Almost 130 Million Polkadot (DOT) Locked in Parachains as of Q1 2022, Report

Crypto analytics resource Messari published a report on Polkadot’s Q1 performance, outlining the layer-zero protocol’s price action, network usage, latest developments in staking and decentralization, and possibilities ahead. The paper stated that Polkadot has successfully completed 13 parachain slot auctions, with a total of 127.8 million DOT – worth $2.9 billion (at Q1’s end) and around 11% of the total supply – bonded. In addition, 28 more parachain slot auctions are...

Read More »

Coinbase Cloud Collaborates With Acala Foundation in Support of Liquid Staking

Web 3 and blockchain infrastructure provider Coinbase Cloud has announced a new partnership with Acala Foundation, the DeFi hub of Polkadot, by first bringing KSM liquid staking on Karura. KSM is the native token of the Kusuma network, a public pre-production environment for Polkadot. Unlike traditional staking in proof-of-stake networks, Liquid staking allows asset delegators to access their funds while staking their tokens. In this way, validators can put their staked...

Read More »

KILT Launches New Application for Digital Identities

KILT announces the launch of web3name, an application for creating a custom name to represent users’ digital identity. The new approach would increase the transparency of users’ identities without sacrificing the privacy involved with personal data. KILT, a blockchain identity protocol based on the Polkadot network, issues a new form of digital credentials, Web3name(w3n), for users to represent their own digital identities. The credentials recorded on the distributed ledgers...

Read More »

Acala, Anchor Join Forces to Unite Terra and Polkadot DeFi Ecosystems

Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as gateways into the decentralized finance ecosystems of Polkadot and Terra. Acana-Anchor Network Collaboration Initially, Acala and its Kusama-based parachain – Karura will...

Read More »

Tether Announces Launch of USDT on Kusama

Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless applications across chains, communities, and networks. Tether on Kusama According to the press release shared with CryptoPotato, USDT will be deemed with the asset ID 1984 and utilized to power transactions on Kusama’s first parachain – Statemine at launch. The parachain enables the...

Read More »

WisdomTree Launches Three New Crypto ETPs Tracking Solana, Cardano, Polkadot

WisdomTree, a New York-based exchange-traded fund (ETF) sponsor and asset management firm, announced this week the launch of three new crypto ETPs. They will track the performance of Solana (SOL), Cardano (ADA), and Polkadot (DOT). WisdomTree Launches New Crypto ETPs According to the official announcement, the new ETPs dubbed WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot (DOTW) will give investors exposure to the prices of the underlying crypto...

Read More »

Enjin’s Efinity Becomes the First NFT Parachain on Polkadot

The popular ecosystem for non-fungible tokens – Enjin – launched the first NFT parachain on Polkadot. Following the initiative, the former vowed to support CryptoBlades and its more than one million users. The First NFT Parachain Launched on Polkadot At the end of 2021, Enjin’s NFT project – Efinity – won Polkadot’s last parachain auction for the year with a fundraiser of over $214 million worth of DOT. Back then, the blockchain protocol noted that Efinity will go live in...

Read More »

Polkadot Founder Gavin Wood Donates $5M In DOT To Ukraine

Gavin Wood – founder of Polkadot – recently donated $5 Million worth of DOT to support Ukraine’s defense against Russian military aggression. The founder promised to provide the funds so long as Ukraine provided a DOT address publicly, which it now has. Ukraine Open To Crypto Following Russia’s invasion of the country, Ukraine took to Twitter on February 26th to solicit support through crypto donations from the international community. At the time, the country only provided a...

Read More »