#Polkadot News

Reef Finance Launches Baskets to Make DeFi Index Investing Simple

April 8, 2021 by Aisshwarya Tiwari at Altcoins

April 8, 2021 — Reef Finance, the cross-chain DeFi operating system, has released its anticipated Reef Baskets product, allowing anyone to easily access diversified investment opportunities with crypto assets. Reef Baskets V1 is an Ethereum-based framework for deploying collections of DeFi tokens and assets, functioning in a similar manner to...

Announcing the newest Polkastarter Council Members

Polygon, Alchemy, Signum Capital, Others are Now Polkastarter (POLS) Council Members

April 8, 2021 by Dalmas Ngetich at DeFi

Polkastarter--a decentralized DEX and auctioning platform on the interoperable smart contract platform Polkadot, has announced new council members, including Eric Wang who is the Ecosystem Development Lead at Parity Technologies, an update on Apr 7 reveals. 8 New Polkastarter Council Members Together, Polkastarter council members have over 250,000 followers across...

XRP Retraces from $1 as SEC Lawsuit Turmoil Continues

April 7, 2021 by Wayne Jones at Altcoins

Ripple’s cryptocurrency XRP recently hit 1 dollar for the very first time since the year 2018. The cryptocurrency recorded a new high this year after surpassing the $0.75 mark at the end of last month. XRP Breaking Barriers According to crypto statistics tracker Coinmarketcap, XRP periodically rose to the fourth...

Tether Tokens (USDt) to Launch on Polkadot and Kusama

April 6, 2021 by Dalmas Ngetich at Altcoins

British Virgin Islands, March XX, 2021 10:00 AM UTC - Tether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, will launch Tether tokens (“USDt”) on Polkadot, a scalable multichain network and the first protocol that provides an environment for cross-chain...

Bitcoin, Ether, Major Altcoins – Weekly Market Update April 5, 2021

April 5, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $129 billion to its value for the last seven-days and now stands at $1,948 billion. The top 10 coins were mostly in green for the same time period with Polkadot (DOT) and Binance Coin (BNB) adding 36 and 32.5 percent to their respective values....

Coinbase Ventures Backs Acala and Karura for DeFi in the Polkadot & Kusama Ecosystems

Acala Network, Karura Receive Backing from Coinbase Ventures

April 2, 2021 by Aisshwarya Tiwari at Altcoins

Polkadot’s decentralized financial hub Acala today welcomed Coinbase Ventures into its rapidly expanding ecosystem. Coinbase Ventures Backs Acala and Karura for Polkadot DeFi In an announcement made on April 1, Acala Network – the decentralized financial hub and stablecoin of Polkadot that enables fast and easy to use or build...

Enjin raises $18.9M to launch NFT blockchain on Polkadot

Enjin Funding Round Sources $18.9M to Launch Polkadot-Based NFT Blockchain

April 1, 2021 by Wayne Jones at Altcoins

Enjin has managed to raise 18.9 million dollars to launch Efinity, the first dedicated NFT blockchain on the Polkadot network. With the ongoing NFT uptrend, the move will see better commerce for NFT-based games and other applications. Working on NFTs Since 2017 Behind cryptocurrencies like Bitcoin, blockchain is the open...

Developers Are Swarming to Substrate: Here’s Why

March 31, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Substrate has been turning heads since it was announced by Parity Technologies several years ago and has quickly gathered incredible support among developers, who are increasingly turning to the platform for their latest projects. As a blockchain framework that allows the firm to launch a custom blockchain in minutes thanks...

Why Moonbeam is The Best Solution For Ethereum DApps Exploring Cross-chain Options

March 30, 2021 by Dalmas Ngetich at Altcoins

Blockchain and decentralized application developers always need to find a good home for their creations. Seeing one's newly created product, service, or tool hampered by scalability issues is best avoided. Moonbeam, a Polkadot-based project, is slated to benefit from the network's upcoming introduction of parachains. Understanding The Importance Of Parachains...

Polkadot (DOT) Based DeFi Platform Acala Secures Rococo Parachain Slot

March 29, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Acala has announced via Twitter on March 26, 2021, that it has successfully secured a spot on Polkadot (DOT) Rococo testnet. Acala aims to create a cross-chain open financial hub on the Polkadot blockchain. Acala Live on Rococo Having successfully built an Acala-Ethereum Virtual Machine earlier in February 2021 to...

Bybit Adds ADA, DOT and UNI to Its USDT Margined Offerings

March 18, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

SINGAPORE, March 18, 2021 — Cryptocurrency derivatives exchange Bybit has announced today the arrival of three new USDT trading pairs with Cardano’s ADA, Polkadot’s DOT, and Uniswap’s UNI. The introduction of these new trading pairs is the second expansion of Bybit’s markets in as many weeks, following the arrival of...

Polkadot (DOT) to Introduce Bridges to Connect Blockchain Networks in Its Ecosystem

March 17, 2021 by Wayne Jones at Altcoins

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 internet generation Web 3.0 will drive the internet to adopt...

IOST Partners with Apron Network For Multi-chain Architecture

IOST Join Hands with Apron Network to Establish Decentralized Infrastructure for Developers

March 17, 2021 by Dalmas Ngetich at Altcoins

IOST (IOST) --a highly scalable, Proof-of-Believability-powered smart contracting platform, is partnering with the Apron Network to establish a multi-chain architecture, a press release on Mar 17 reveals. What is the Apron Network? Apron Network operates from the interoperable Polkadot, providing infrastructure services to dApp developers, users, and operators in Polkadot,...

Polkamarkets Partners with Polygon for Scaling Solutions

Polkamarkets (POLK) Partners with Polygon (MATIC) to Address Gas Fees Problems

March 9, 2021 by Dalmas Ngetich at Altcoins

Polkamarkets, a platform planning to launch gamified predictions market on the interoperable Polkadot, has partnered with Polygon, as per a press release on Mar 9. Polkamarkets to Leverage Polygon's Ethereum Compatibility Polygon, formerly Matic, is Ethereum compatible. It offers a scaling option for protocols that want to operate in a...

Ledger Live Integrates with Polkadot (DOT) to Provide Self-Custody Staking

March 5, 2021 by Wayne Jones at Altcoins

The popular hardware wallet provider, Ledger, just added Polkadot to its wide variety of supported tokens. Ledger will allow users to directly stake DOT coins on the website, thus raising to five the total number of staking options. Polkadot Integration with Ledger Polkadot (DOT) has grown to become one of...

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