Tagged: polkadot

Blockchain Adoption: Polkadot Creator Gavin Wood Shares End of Year Insights, Decentralization Remains Key Theme

Gavin Wood, an Ethereum co-founder who has focused on Polkadot noted that we are seeing a global return to normalcy and resurgence of (in-person) events with it (even though various of COVID still seem to be affecting a significant number of people despite vaccinations being… Read More

CoinShares Says Disappointment from SEC ETF Decisions Impacted Sentiment, Digital Asset Investment Products Saw $55M in Outflows

European digital asset fund manager CoinShares (Nasdaq Stockholm: CS) has released its digital asset fund flows Weekly report. As noted in a blog post by the firm’s management, disappointment from SEC ETF decisions has impacted sentiment. According to the update from CoinShares, digital asset investment… Read More

Deloitte Switzerland to Leverage Polkadot in Partnership with Polimec for Global KYC

Deloitte Switzerland has partnered with Polimec to provide reusable KYC or know your customer. These credentials will be using Polkadot, and the “banking grade” KYC credentials will be issued by Deloitte. The company explains that this information will be utilized to empower the global fundraising… Read More

Decentralization, Blockchain Tech Integration: Energy Web, Polkadot to Build Renewable Energy Solutions

Energy Web, the world’s “largest” ecosystem of companies using open source, decentralized technologies to accelerate the energy transition, is coming to Polkadot, the next-generation blockchain network powering the movement for a better web. The move will allow Energy Web “to create the framework for a… Read More

Dr. Torsten Stuber: CTO at Pendulum Explains How Use of Stablecoins Affects Developments of DeFi Apps

We recently caught up with Dr. Torsten Stüber, Co-Founder and CTO at Berlin-based Pendulum, an initiative focused on traditional finance infrastructure blockchain solutions, which is “the missing link between fiat and DeFi.” Pendulum is an open-source blockchain built on the “proven” Parity Substrate framework, establishing… Read More

Polkadot’s Native Token DOT No Longer a Security

Polkadot’s native token DOT is no longer a security, according to the Web3 foundation. Polkadot said it has been working with the Securities and Exchange Commission’s FinHub on the process. The Web3 Foundation said that DOT has “morphed” from a security to software, perhaps accomplishing… Read More

MyMetaverse, Enjin Bring Polkadot’s “Playable” NFTs to Gaming Servers

The “first” in-game NFTs have been minted on Efinity with the launch of the MetaHome NFT collection, immediately usable in MyMetaverse’s full suite of games. MyMetaverse, a game development company specializing in creator-led metaverses with play-and-earn economies, “ensured that on launch, the NFTs perform different… Read More

New Digital Asset Staking Service Available via Gemini

The team at Gemini are pleased to announce the launch of Gemini Staking, which allows you to seamlessly “receive staking rewards in [their] Gemini account.” As of August 18, you may “start staking MATIC on the Polygon network.” Ethereum (ETH), Solana (SOL), Polkadot (DOT), and… Read More

Acala Stablecoin aUSD No Longer Stable as it Loses Peg

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

peaq Joins Substrate Builders Program to Enhance its Polkadot Community, Dev Outreach

peaq, the Web3 network powering the Economy of Things (EoT), announces joining the Substrate Builders Program. Run by Parity, the blockchain solutions company behind Polkadot, the program “will support peaq on its mission to build a decentralized Economy of Things.” Parity’s Substrate Builders Program “supports… Read More

Gemini Adds Support for Blockchain Network, Polkadot (DOT)

Digital asset firm Gemini is pleased to announce support for Polkadot (DOT), which adds a new blockchain network to Gemini’s growing list of supported networks. DOT is now available “for trading on [their] API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini… Read More

Fintech Revolut Introduces Crypto “Earn and Learn” Education Courses

Revolut, the international financial “Super App” with over 18 million customers worldwide, is taking yet another solid step towards its goal of bringing clients the best financial products and services to manage their finances. Revolut’s “Learn & Earn” courses have been developed to assist clients… Read More

peaq Finalizes $6M Round to Power the Web3 Economy of Things

peaq, the Web3 network powering the Economy of Things (EoT), has raised $6 million in its latest funding round, which was led by Fundamental Labs. The funding will “support the ongoing expansion of the peaq network, which empowers individuals and organizations to build, govern, and… Read More

European Digital Asset Manager CoinShares Reports Record Weekly Inflows for Year Totaling $193M

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on March 28, 2022 that sentiment “recovers” with record digital asset… Read More

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

NFTs: Ukraine to Issue Non Fungible Tokens for War Funding After Securing $52M+ in Crypto Donations

Ukraine is reportedly funding its war against Russia by appealing to the global crypto community. This, as the nation will soon introduce non-fungible tokens (NFTs) in order to help support financially its armed forces. Mykhailo Fedorov, the Vice Prime Minister of Ukraine, recently confirmed that… Read More

CoinList Seed Introduces Winter 2022 Accelerator Members

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

Cardano, Solana, Polkadot, Avalanche, Cosmos, Filecoin Now Supported by BlockFi for Non US Clients

The team at digital asset firm BlockFi has added six new crypto-assets for their non-US clients via BlockFi International. They include Cardano (ADA), Solana (SOL), Polkadot (DOT), Avalanche (AVAX), Cosmos (ATOM), and Filecoin (FIL). The new assets will be available to buy, sell, and trade… 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

Ethereum, Cardano, Solana, Polkadot Continue to Gain Market Share, ETH L2s Gaining Traction: Report

Cardano (ADA) initially gained attention back in 2017 as one of the more anticipated Initial Coin Offerings (ICO) of that year. Over the years, the initiative persisted through an extended crypto bear market to earn its place among the top crypto-assets by market cap. In… Read More