Tagged: kusama

Parallel Finance, the DeFi Parachain Hub of Polkadot and Kusama, Launches New Products

Parallel Finance, the DeFi parachain hub of Polkadot and Kusama, has executed a  coordinated launch of “six separate products in one day across many different DeFi primitives.” The complete list includes: Parallel’s Automated Market Maker (AMM), Farming, Liquid Staking, v2 Crowdloan Platform, Cross Chain Bridge,… Read More

Binance Labs Invests in Substrate Framework Powered Manta Network for Web3 Privacy

Binance Labs, the VC and innovation incubator of Binance, made an investment in Manta Network, the Web3 privacy protocol focused on privatizing crypto-assets. Manta Network’s layer-1 network design “leverages zero-knowledge proofs to privatize crypto assets.” Built with the Substrate framework, Manta’s privacy tech interoperates with… Read More

Head of Product at Composable Finance Explains How to Address Potential Vulnerabilities with Blockchain based Smart Contracts

We recently caught up with Brainjar, Head of Product at Composable Finance, which is described as a “hyper liquidity” infrastructure layer for decentralized finance (DeFi) assets that are being powered by Layer-2 Ethereum and Polkadot. Brainjar talked about issues with existing smart contracts and how… Read More

Digital Finance Group Promises 500K DOT for Polkadot Auction, Company Bullish on Acala

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

Unique Network, an NFT Chain for Polkadot and Kusama, Acquires $11.3M in the Second Round of its Pre-Sale

Unique Network, a next-gen NFT chain for Polkadot and Kusama, announced that it has secured $11.3 million in the second round of its pre-sale, bringing its total raised to $16 million. The investment round has been led by Web3 investment pioneers Outlier Ventures, who were… Read More

$RMRK Available for Purchase in Kucoin, Gate

The RMRK Association announced this week that the $RMRK token, the utility and governance token of an NFT protocol, is now available for purchase on Kucoin and Gate. The association said it is the very first Statemine fungible token to be available for trading globally…. Read More

Acala Introduces Liquid Staking Product for Polkadot (DOT), Kusama (KSM) with Assistance from Blockdaemon

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

Kraken Adds Support for Moonriver (MOVR), a Kusama Parachain Supporting Ethereum based dApps

Digital assets firm Kraken is pleased to confirm that they’re now supporting Moonriver (MOVR) according to an announcement dated August 26, 2021. As noted in the update from Kraken, deposits and withdrawals are currently open. Trading will commence at around “09:00 UTC on August 27.”… Read More

Kraken Announces Parachain Slot Auctions for Kusama, a Scalable Network of Specialized Blockchains

Digital asset firm Kraken notes that customers looking to support their “favorite” Kusama projects can now, “for the first time,” take part in Parachain Slot Auctions (or “Parachain Auctions”) directly via the Kraken platform. Kusama is described as a “scalable” network of specialized or purpose-built… Read More

Blockchain Infrastructure Developer, Bison Trails, Introduces Double-Signing Protection Software to Address “Slashing Penalties” Risk

Blockchain infrastructure developer, Bison Trails, revealed on August 20, 2020 that it has launched its double-signing protection software (DSP) which aims to address the risk of “slashing penalties” associated with double-signing messages for the same block on a distributed ledger tech (DLT) based platform. According… Read More

Web3 Foundation Shelves Plans to Redenominate DOT Tokens and Increase Supply 100x on Blockchain Interoperability Platform Polkadot

A proposal to redenominate Polkadot’s DOT tokens has been shelved for the time being by the Web3 Foundation, a Switzerland-based non-profit entity that supports the growth and development of technologies and applications in the fields of decentralized web software protocols. Polkadot is a sharded protocol… Read More

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