Acala’s stablecoin aUSD, the “decentralized stablecoin of Polkadot” has lost its stablecoin status as it has depegged from the US dollar – now trading at around $0.85 but having dropped to almost $0.50. In a series of Tweets, Acala claimed the fall in value was… Read More
Read more in: Blockchain & Digital Assets | Tagged acala, acala dollar, defi, martin hiesboeck, polkadot, uphold
The roster for CoinList Seed’s Winter 2022 batch is proof positive venture capital funding for blockchain startups is as strong as ever, the company said. Between 2020 and 2021 VC funding for blockchain-based startups soared from $3.1 billion in 2020 to $25.2 billion only one… Read More
Read more in: Blockchain & Digital Assets | Tagged acala, accelerator, Blocktower, CoinList Seed, electric capital, pantera capital, polkadot, Startup Funding, venture capital
SubQuery, the data indexing solution in Polkadot, is pleased to confirm that the launch of the SubQuery Network will take place on the Acala parachain. As mentioned in the announcement, SubQuery and the SQT token will also aim to be “the first external application and… Read More
Read more in: Blockchain & Digital Assets | Tagged acala, bette chen, dapps, data indexing, Decentralized Applications, decentralized finance, defi, distributed ledger technology, dlt, ethereum, ethereum virtual machine, evm, parachain, parachains, polkadot, sam zou, smart contract, smart contracts, software development, subquery, web 3.0
Digital Finance Group, a global blockchain and cryptocurrency investment firm, this week announced it will allocate 500,000 DOT, Polkadot’s native cryptocurrency, to Acala, a decentralized finance platform built on the Polkadot blockchain network. Acala plans to compete for a parachain slot in Polkadot’s upcoming parachain auctions… Read More
Read more in: Blockchain & Digital Assets | Tagged acala, bette chen, candle auction, coinbase, dfg, Digital Finance Group, james wo, karura, kusama, parachain, polkadot, web 3.0
Acala, the decentralized finance (DeFi) network and liquidity hub of Polkadot, reveals that it has formed a partnership with Blockdaemon, a blockchain or DLT infrastructure provider, in order to support its newly-developed staking derivatives for Polkadot (DOT) and Kusama (KSM). As noted in an update… Read More
Read more in: Blockchain & Digital Assets, Offerings | Tagged acala, blockdaemon, crypto tokens, crypto-assets, decentralized finance, defi, digital assets, digital financial services, digital tokens, distributed ledger technology, dlt, dot tokens, financial services, karura, konstantin richter, ksm tokens, kusama, polkadot, stablecoin, stablecoins, staking
Current, a leading US-based Fintech firm serving Americans who are working to “create a better future for themselves,” recently revealed that it had teamed up with Acala, a decentralized finance (DeFi) platform developed on the Polkadot blockchain network. The partnership, which is reportedly the first… Read More
Read more in: Fintech, Blockchain & Digital Assets | Tagged acala, banking, bette chen, current, decentralized finance, defi, digital banking, Digital Economy, digital financial services, distributed ledger technology, dlt, financial services, fintech adoption, fintech trends, hybrid finance, hyfi, parity technologies, peter mauric, polkadot, trevor marshall
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