#Polkadot News

Nexo Launches a Polkadot Promo for Users to Earn Up To 17% APR

October 22, 2021 by Dalmas Ngetich at Altcoins

Nexo, a regulated entity aiming to unlock the power of crypto, has a Polkadot (DOT) promotion that will see users earn up to 17 percent APR until November 30. The 17% APR Polkadot Promo on Nexo As per an announcement on October 21, Nexo said the limited offer Polkadot promotion...

Subsocial Set to Launch the 3rd Dotsama Token Claim Round

October 20, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Subsocial Network is set to launch its 3rd token claim round later this week, where an additional 250,000 SUB tokens will be distributed to the participants. So far, 500,000 SUB tokens have already been claimed in the previous Dotsama token claim rounds. The eligibility for participation in this token claim...

Dr. Gavin Wood of Polkadot (DOT) Unveils $770 Million Development Fund As Anticipation for Parachain Auctions Builds

October 19, 2021 by Aisshwarya Tiwari at Altcoins

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 co-founder Gavin Wood has announced the launch of a development...

Is Moonbeam The “Next Big-Thing” Of The Polkadot Ecosystem?

October 18, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Built on the idea that the future of blockchain technology is multi-chain, Moonbeam has established itself as a developer-friendly blockchain that endeavors to provide compatibility with the existing Ethereum network and corresponding development tools. Launched in January 2020 by Derek Yoo of Pure Stake, Moonbeam dApp developers can leverage Polkadot’s...

Polkadot (DOT) Parachain Auctions to Kick Off on November 11

October 14, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

The Polkadot (DOT) governance forum has approved a proposal on October 13, 2021, to conduct the first parachain auctions on the network starting from November 11, 2021. The auctions will come in two batches, the first will consist of five auctions lasting seven days each, while the second will handle...

Bitcoin, Ether, Major Altcoins – Weekly Market Update October 11, 2021

October 11, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $222 billion to its valuation for the last seven days and now stands at $2,321 billion. The top 10 coins showed mixed results for the same time period with Polkadot (DOT) adding 11.5 percent for the period while Solana (SOL) lost 13 percent. Bitcoin (BTC)...

Parallel Heiko Bags 10th Kusama Parachain Auction Slot with Over 202,000 KSM

October 7, 2021 by Aisshwarya Tiwari at Altcoins

Parallel Finance, an institutional-grade DeFi parachain in the Polkadot ecosystem has officially bagged the 10th parachain on Kusama, a recent announcement confirms. Parallel Finance Wins 10th Kusama Parachain In an announcement made yesterday, Heiko, the canary network of Polkadot-based Parallel Finance confirmed that it had secured the 10th parachain of...

Deutsche Borse Increases Its Crypto Investment Options with Three New Assets

September 22, 2021 by Adam Robertson at Altcoins

According to a recent report, VanEck plans to add Tron, Solana, and Polkadot to the Deutsche Borse stock exchange. The new Exchange Traded Notes (ETNs) start trading on September 21, 2021. What’s more, the assets are an addition to other cryptocurrencies found on the giant stock exchange. Why SOL, DOT,...

Moonbeam Joins Forces with Lido to Provide DeFi Liquid Staking on Polkadot

September 10, 2021 by Wayne Jones at Altcoins

Polkadot-based smart contracts platform Moonbeam has partnered with liquidity staking protocol Lido. The Ethereum-compatible platform plans to leverage Lido’s services to offer DeFi-liquid staking for investors on the Polkadot (DOT) network. Following the partnership, Polkadot joins Ethereum, Terra, and Solana as the fourth network to work together with Lido. Bolstering...

Polkadot-based Acala to Fund “Tree”—a Synthetic Asset Protocol by NUTS Finance

September 7, 2021 by Dalmas Ngetich at Altcoins

The Acala Ecosystem Grant has accepted NUTS Finance's proposal of “Tree.” It is a synthetic asset protocol that increases asset usability in the growing Polkadot ecosystem, as per an update on September 7. NUTS Finance and Acala Ecosystem Grant The Acala Ecosystem Grant by Acala--an interoperable DeFi hub on the...

Bitcoin, Ether, Major Altcoins – Weekly Market Update September 6, 2021

September 6, 2021 by Georgi Hristov at Price Analysis, Price pages

The total crypto market cap added $291 billion to its value for the last seven days and now stands at $2,358 billion. The top 10 coins were all in green for the same time period with Solana (SOL) and Polkadot (DOT) leading the pack with 52.3 and 35.4 percent of gains...

C.R.E.A.M. Finance Taps Into Polkadot’s Liquidity Sources Through The Moonbeam Network

September 2, 2021 by Ogwu Osaemezu Emmanuel at DeFi

The DeFi industry is firing on all cylinders despite the growing need for cross-chain support. For example, C.R.E.A.M. Finance, one of the leading DeFi protocols on Ethereum, is expanding to Polkadot. Through Moonbeam, the team won't need to adjust the code to tap into a new set of users. C.R.E.A.M....

Kusama (KSM), Polkadot (DOT) Surge Over 20% Ahead of the 2nd Batch of Parachain Auctions

August 31, 2021 by Aisshwarya Tiwari at Altcoins

Kusama (KSM) and Polkadot (DOT) utility coins are ripping higher, adding an impressive 30 and 20 percent, respectively, on the last trading day at the time of writing on August 31. Battle for Parachain Slots Pumping DOT and KSM It is undoubtedly a strong close of August for the two...

Top Polkadot Projects To Watch Ahead Of The Second Batch of Kusama Parachain Auctions

August 30, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

While Ethereum is slowly transitioning to ETH 2.0, other blockchain networks such as Polkadot have been attracting developers and users into their ecosystems. Polkadot’s low-latency, high throughput network uses sharding mechanisms to facilitate faster and cheaper transactions, overcoming the issues that plague Ethereum. Polkadot’s “canary network” Kusama is all set...

Moonriver Completes First Phase of the Parachain Launch Process on Kusama

Moonriver Secures Its Position In The Kusama Parachain Slot Auction

August 23, 2021 by Ogwu Osaemezu Emmanuel at Altcoins

Moonriver, Moonbeam’s companion network, has successfully secured a slot in the second round of Kusama parachain slot auctions. The Moonbeam team shared an official announcement via Twitter, revealing that more than 5,000 contributors had locked over 200,000 Kusama coins (KSM) to support Moonriver’s bid for a slot in the recently...

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