Category: Parachains

PINT to Tokenize Exposure to the Top Polkadot Initiatives

As the launch date for parachains nears, a new initiative is constructing a decentralized finance (defi) index token that tracks Polkadot projects aimed at helping investors diversify their holdings through a single instrument. Six Projects Provide Soft Commitments to Join Polkadot Index Network Token The growing interest in Polkadot and its novel parachains has seen […]

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Polkadot-based DeFi project Equilibrium raises $2.5 million in new funding

Equilibrium, a Polkadot-based interoperable decentralized finance (DeFi) project, has raised $2.5 million in Series A funding. The funds were raised via a token sale, Equilibrium CEO Alex Melikhov told The Block. Investors, including CMS Holdings, KR1, Signum Capital, AU21 Capital, and Genesis Block Ventures, purchased Equilibrium’s EQ tokens, said Melikhov. With the investors on board, […]

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The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama. Blistering Growth in Defi and Smart Contracts Beckon New Layer of Trust As the smart contract revolution continues to gain […]

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Tether to launch USDT stablecoin on Polkadot and Kusama

Tether announced Tuesday that it would launch its USDT stablecoin on the Polkadot and Kusama networks. The launch schedule isn’t determined yet as the formation of parachains is pending, said Tether. Parachains are individual blockchains that run parallel within the Polkadot ecosystem (Polkadot and Kusama). They can interact with each other and also with external […]

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Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success

Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the team aims to bring the Moonbeam network live in the second half of the year. Ethereum-Compatible Smart Contract Initiative Aims To Deliver Mainnet By Mid-2021 Ethereum […]

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Zeitgeist Brings a Prediction Markets Ecosystem to Polkadot’s Kusama

To capitalize on the growing popularity of blockchain trends like decentralized finance (defi), Zeitgeist will be rolling out a new native prediction platform for Polkadot to expand the scope of opportunities available for retail crypto investors. New Network to Build on Substrate and Launch Exclusively on Kusama Long before Satoshi Nakamoto unveiled the Bitcoin whitepaper […]

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Forthcoming Parachains Represent the Last Piece Needed to Complete the Polkadot Puzzle

As the Polkadot project enters the final phase of a strategic rollout that’s been orchestrated over the last year, prominent stakeholders Moonbeam, Acala and Centrifuge shed a light on the future of the ecosystem and how the blockchain’s infrastructure will deliver its advantages for users. Soon To Be Parachain Projects Underline Their Perspectives On Polkadot […]

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Polkadot Lays Out Its Plans for Parachain Rollout as the Token’s Price Climbs

The price of Polkadot’s native token hit an all-time high (ATH) this week, soaring above $30, as the company laid out the next steps of its plans and the systems to finalize the network launch. Polkadot Roadmap Outlines Layer 0 Deployment Initiatives Polkadot released a roadmap highlighting that it is currently in its Rococo phase, […]

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