Polkadot Successfully Concludes 6th Parachain Slot Auction With Enjin’s Efinity Now Set To Bring NFTs To Polkadot

Efinity becomes the 6th parachain to win a slot in Polkadot’s parachain auctions. The parachain is expected to start its lease in March with subsequent winners.   Parachain auctions adopt a candle auction to prevent sniping.

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Acala DeFi Hub Wins First Polkadot Parachain Slot

The inaugural Polkadot parachain auction has come to a close. It has been a close race but a winner of the first coveted slot has now been declared. The post Acala DeFi Hub Wins First Polkadot Parachain Slot appeared first on BeInCrypto.

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Kusama and Westend Receive Parachain Auctions and Crowdloans for Further Testing

The Polkadot network is yet again making a major update after enabling balance transfers just recently. Parachain auctions and crowdloans are now available on Kusama and Westend. The network’s current objective is to offer approximately 100 parachain slots on Polkadot based on theoretical computing constraints.

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Polkadot moves towards sharding as Acala Network secures first Rococo parachain slot

Polkadot’s vision for a sharded parachain ecosystem is moving toward becoming a reality.

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Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions

Polkadot price pushes to new highs over growing excitement for the upcoming parachain auctions and increased interoperability they will support.

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Clover Finance Raises $3M in Seed Funding; Bringing Ethereum DeFi Apps to Polkadot

Clover Finance, a cross-chain compatibility parachain on Polkadot, completed a $3 million seed funding round led by top firms including Polychain Capital, Hypersphere, Bithumb Global Divergence Ventures, a Medium blog post reads.

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Developers can now host Cosmos (ATOM) chains on Polkadot (DOT)

A new update would allow developers building on Cosmos to migrate to a Polkadot parachain and introduce new features, as per a release shared with CryptoSlate. The post Developers can now host Cosmos (ATOM) chains on Polkadot (DOT) appeared first on CryptoSlate.

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Polkadot (DOT) announces layout for Parachain launch

Polkadot (DOT) has gained more than 15% within the past 24 hours, making it the biggest gainer among the top ten cryptocurrencies by market cap. At press time, the token was hovering around $30.

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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.

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Binance Backs Parachain Candidate, Plasm Network; Making First Investment in Polkadot Ecosystem

Binance Goes Further Into DeFi According to an official announcement, Binance Labs ponied up $2. 4 million, nearly 25 percent of its Polkadot support fund, for the investment. Other investors who participated in the funding round were LongHash, PAKA Ventures, HashKey, and the Digital Finance Group.

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DeFi Privacy Is Getting a Boost From Polkadot Parachain Manta Network

Manta Network will build MantaSwap now that it has closed a $1.1 million funding round.

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Polkadot launches first parachain as DOT price surpasses $14

The high-speed blockchain has garnered quite the fan following in the past year.

The post Polkadot launches first parachain as DOT price surpasses $14 appeared first on CryptoSlate.

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Plasm Network deploys first parachain on Polkadot's Rococo V1 testnet

Polkadot may soon see its first-ever parachain, with Plasm Network announcing today that it has successfully connected to Polkadot’s testnet Rococo V1 locally. Announced last month, the Rococo-V1The post Plasm Network deploys first parachain on Polkadot's Rococo V1 testnet appeared first on AMBCrypto.

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Polkadot DeFi Alliance Formed By Key Teams

Alliance to organize and promote discussions around crucial topics for DeFi on Polkadot. Initial membership of Polkadot DeFi Alliance to include core parachain, oracle, and application builders. December 3, 2020– Polkadot Decoded: While the excitement around the Polkadot Network’s potential for Decentralized Finance has been palpable in the blockchain industry, there is a movement among … Continued The post Polkadot DeFi Alliance Formed By Key Teams appeared first on BeInCrypto.

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Protocol Hosting Google reCAPTCHA Competitor Expands to Polkadot

Human Protocol, home of the anti-bot hCaptcha system, announced it is expanding beyond Ethereum to a future Polkadot parachain, Moonbeam.

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MXC to Launch Polkadot Parachain to Power Smart Cities Across Asia

MXC Foundation, a Berlin-based startup creating the data transmission infrastructure for tomorrow’s cities, is to launch a Polkadot parachain. In 2021, the project’s efforts to support IoT and smart urban design will receive a boost when its parachain launches, connecting MXC to the world’s leading smart contract blockchain for interoperability. Once MXC has integrated with […]

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MoonBeam Network Aims to Bring Ethereum Developers to Polkadot by Recreating EVM

The MoonBeam Project is making some interesting plans. The project aims to create a custom parachain, one emulating the Ethereum Virtual Machine environment. Should they pull it off, they’d effectively recreate Ethereum (ETH) within the Polkadot blockchain (DOT).

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Substrate-based Moonbeam Enables Ethereum Applications Deployment in Polkadot Ecosystem

Moonbeam, a Substrate-based smart contract chain wants to change the dynamics of blockchain interoperability. Enabling Ethereum Smart Contracts on Substrate In an announcement made today, Phil Lucsok, Product Communications Manager, Parity Technologies, unveiled a Substrate-based smart contact chain aiming to be a parachain on Polkadot – Moonbeam.

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Exclusive: Bithumb set to launch DeFi platform as a Polkadot Parachain

This one won't just be another instance of CeDeFi, the exchange reassures.

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How the next DeFi powerhouse Polkadot is changing the face of ‘IPOs’

Polkadot, the interoperability and Web3 interface blockchain platform, is bringing a new type of token issuance via an “Initial Parachain Offering” (IPO), it said in a release shared with CryptoSlate.

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Polkadot Unveils Details of Initial Parachain Offering (IPO), Set to Replace Traditional Financial Tools

Coinspeaker Polkadot Unveils Details of Initial Parachain Offering (IPO), Set to Replace Traditional Financial ToolsPolkadot has come with an interesting and secure way of funding crypto projects via a new concept dubbed Initial Parachain Offering (IPO) by leveraging its parachain architecture and using its native DOT tokens.

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Polkadot reveals ‘initial parachain offerings’ to counter traditional IPOs

Polkadot reveals details of a new crowdfunding mechanism: the initial parachain offering.

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A DeFi-Focused Consortium Is the First Parachain to Launch on Polkadot’s Rococo Testnet

Acala — a decentralized finance (DeFi) consortium and a cross-chain hub planning to bring stability, interoperability, and liquidity to the mainstream, has launched the first shard — or Parachain, on the Rococo Testnet as per an update on Aug 21.

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Polkadot (DOT) Launches The First Parachain Implementation Testnet, Rococo

Polkadot introduces parachain functionality with Rococo testnet, a Proof of Authority (PoA) network, allowing users to send direct messages to the Relay Chain and other parachains as well as connect a Substrate-based chain as a parachain.

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Polkadot Releases Rococo, Its Test Environment for Interoperable ‘Parachains’

Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

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Shyft To Bridge Polkadot Parachains With An ‘Identity Layer’ to Comply With FATF’s Travel Rule

Shyft Network has revealed they are developing a Polkadot parachain which will be based on Parity Technologies platform. This is one of the ways that Shyft is banking on the creation of a global standard that will ensure compliance with the set crypto regulations.

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Web3 Foundation Is Funding a Project To Bring Bitcoin to Polkadot Via BTC-Parachain

The non-profit organization behind Polkadot, which is the Web3 Foundation, has decided to finance a new bridge that links the blockchain Polkadot network to Bitcoin (BTC). The London-based developer company Interlay is going to be funded by Web3 and build a BTC Parachain that brings BTC-backed assets onto the Polkadot network. The parachain will use […]

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Polkadot Announces Protocol-Wide Integration of ChainLink

ChainLink finally has its first integration outside of Ethereum, having completed a successful integration with Parity’s substrate blockchain. This integration implies ChainLink has taken another step towards becoming the oracle of choice for Polkadot, with a parachain on the Kusuma testnet imminent, February 26, 2020.

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OAX Foundation to build parachain on Polkadot Network

OAX Foundation, an organization created to explore the future of decentralized asset transactions, today announced a strategic initiative to build a parachain within the Polkadot network, expanding the potential that decentralized exchanges hold in digital asset trading.

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ChainX invests over $100,000 to find the world’s first Bitcoin DApp

ChainX, a parachain on Polkadot focusing on interchain crypto-asset management, has announced the launch of the ChainX Contract Development Fund and will invest $100,000+ to find the world’s first Bitcoin DApp.

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