As Polkadot inches closer towards its first parachain auction, Moonbeam, one of the fastest-growing parachains on the Polkadot network, is already on a winning spree. Launched in 2020, Moonbeam first deployed …
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Polkadot (DOT) community to approve parachain auctions
A proposal for Polkadot’s first parachain auctions was approved by its community today. These parachains are said to be the “last piece of core functionality” needed for Polkadot to realize …
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SubQuery raises $9 million for Polkadot (DOT) data protocol
Decentralized data aggregator SubQuery has concluded a $9 million funding round to build Polkadot’s first data aggregation layer, a move that could strengthen data indexing for the emerging interoperability network. …
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Polkadot & Kusama jump ahead of next parachain auction
Polkadot and its canary network Kusama have rallied ahead of the second round of parachain auctions, which go live later today. Many Layer 1 blockchains soared in August, and now …
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Polkadot-powered Parallel Finance raises $22M for DeFi products
In an announcement on Aug 30, Polkadot-powered Defi lending and staking protocol Parallel Finance said that it had raised $22 million in a Series A funding round that valued it at a …
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Moonriver smart contracts platform goes live on Polkadot’s Kusama
Ethereum-compatible Moonriver has completed its launch process: more than 60 teams can start deploying their dApps to the platform in a fully permissionless manner. According to the official announcement shared by Moonbeam Polkadot’s smart …
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Pontem to use Polkadot (DOT) to connect Diem blockchain and DeFi
Pontem, an experimental network for Facebook’s Diem project, has teamed up with Polkadot-based node infrastructure provider PinkNode. Pontem has partnered with PinkNode, an infrastructure-as-a-service provider on Polkadot. The partnership will …
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JPMorgan says Ethereum upgrades could jumpstart $40B staking industry
Two senior analysts at JPMorgan argued in their report that blockchains running more energy-efficient networks are getting more popular, ans as a result staking will gain more traction. Staking is …
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Tesla competitor’s new electric car starts mining BTC, ETH, and DOGE today.
Canadian light electric vehicle maker Daymak has announced that the first prototype of Spiritus, its futuristic three-wheeler, will start mining BTC, ETH, DOGE, and other cryptocurrencies today. The process will …
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Germany officially opens for Bitcoin investing
As much as €350 billion can start entering the crypto market this week, after a law passed earlier this year comes into force in Germany. The new Fund Location Act …
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