parachain News

Polkadot has updated its roadmap on the imminent release of a technology dubbed asynchronous backing.

Polkadot price has taken a dive below a major trend line, indicating a potential bearish phase. The $18 DOT price retests the broken level and may face stiff resistance. Polkadot’s stock has fallen after reaching an all-time high of $54.98…

On December 18,2021, Polkadot announced the launch of parachains on their network after several years of development. They made the announcements through their blog site and added that they are excited about completing the launch of Polkadot parachains. They also…

Interoperable and layer-0 blockchain protocol Polkadot (DOT) unveils a mammoth $770 million development fund ahead of the parachain auctions. Polkadot Launches Development Fund In a bid to bootstrap development and innovation in the DOT ecosystem, Polkadot founder and former Ethereum…

Altair, a project that wants to finance assets on Kusama mirroring Centrifuge, has been declared the winner in the second auction round on the canary network, a confirmation on September 29 shows. https://twitter.com/altair_network/status/1443135286725197832 Altair is now the 9th Parachain on…

Blockchain protocol KILT has emerged as the winner of the sixth Kusama parachain slot auction.  Major Milestone According to an announcement issued on Wednesday, September 8, 2021, KILT pulled support from over 8000 entities who loaned their Kusama (KSM) tokens…

Composable Finance, a decentralized finance (DeFi) infrastructure project aiming to improve financial applications on the blockchain, has announced its acceptance of stablecoins into its crowdloan. This is a major development in the space, as it marks the first time that…

Substrate-based privacy-preserving cloud computing service in the Polkadot ecosystem, Phala Network’s Khala parachain has won the 4th parachain auction on Kusama. Khala Bags the 4th Parachain Slot With more than 130,000 KSM backing Khala’s slot bid, it was only a…

Moonriver (MOVR) has successfully moved into phase one of its launch process, making it the first live Kusama (KSM) parachain to have an open and permissionless collator set powered by a custom parachain staking pallet. Moonriver (MOVR) Forging Ahead Moonbeam,…

Smart contract protocol Shiden has won the third round of the ongoing Kusama parachain auction, leaving two more slots out of the first phase of the five slot auction rounds. Shiden Wins Round 3 of the Kusama Parachain Slot Auctions…

The ongoing Kusama (KSM) parachain slot auctions have crossed another milestone with the emergence of Moonriver (MOVR) as the winner of the second round. Five slot auction rounds will happen in the first phase to determine the maiden parachains added…

Polkadot has experienced a significant price advance in the last couple of days on the back of major developments like the recent Coinbase Pro listing and the start of the Kusama parachain slot auctions. Kusama Parachain Slot Auctions Commences Polkadot’s…

The first Kusama Parachain auctions will tentatively begin in the next seven days, a process that would help determine the parachains that will be part of the Kusama relay-chain. First Batch of Auctions Tentatively Begin on June 15 In a…

Kusama (KSM) has announced via Twitter on June 2, 2021, that its network council has successfully passed a vote to upgrade Shell to Statemine and make it the network’s first live and fully functional parachain. If all goes as planned,…

The community has approved a proposal to allow for Parachain deployment in Kusama, Gavin Wood, the founder of Polkadot and Kusama, confirmed via a tweet on May 17. Parachains in Kusama Lauded The decision has been lauded as a step…

The Polkadot (DOT) project sets to integrate bridges to connect blockchain networks within its ecosystem. Parity Technologies and Web3 foundation are the head developers of the project’s plans.  Achieving Decentralization and Interoperability According to the Polkadot team, the highly anticipated…