Polkadot

Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares

Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can be attributed to investor hesitation. Hesitant Investors Cause US ETF Inflows Dip The latest edition of Digital Asset Fund Flows Weekly Report revealed that the...
Read More

Digital Asset Inflows Skyrocket to $2.9B YTD, Shattering 2021 Records: CoinShares

Investments in digital asset products clocked in a massive surge in weekly inflows, reaching a total of $2.9 billion. According to the latest data compiled by CoinShares, the inflows surpassed the previous week’s record of $2.7 billion, propelling year-to-date investments to $13.2 billion, significantly exceeding the total inflows for the entire year of 2021, which...
Read More

Circle’s USDC Stablecoin is Now Available on Polkadot Asset Hub

Circle, a stablecoin issuer, has introduced the USDC stablecoin into the Polkadot ecosystem of parachains. This move signifies a significant extension of the accessibility of this dollar-backed stablecoin across different blockchain networks. As detailed on Circle’s official website, developers and users can now readily access Polkadot USDC. That means the stablecoin can be seamlessly transmitted...
Read More

New Developers Have Left Crypto But Experienced Coders Still Building: Research

Electric Capital’s mid-year crypto industry developer report revealed that there are 21,300 monthly active open-source developers as of June 1, 2023. However, that figure has decreased by 22% year-on-year since June 2022. Those that left the space recently were newcomers who had worked in crypto for less than a year, it noted. Furthermore, they were...
Read More

Polkadot’s KILT Identity Blockchain Integrates With Deloitte

Polkadot announced that Deloitte Switzerland is integrating the former’s parachain KILT blockchain technology for issuing reusable digital credentials to support KYC and KYB processes. With this move, Deloitte has become the latest major enterprise partner to come to the Polkadot ecosystem. The digital credentials in question will have extensive use cases such as regulatory compliance...
Read More

Sony Network and Astar Network to Co-Host a Web3 Incubation Program

Sony Network Communications (a tech provider under the umbrella of the Sony Group) partnered with Polkadot’s innovation hub – Astar Network – to present a Web3 Incubation Program. Users willing to join can apply until March 6, 2023.  Focusing on NFTs and DAOs  According to a document seen by CryptoPotato, the program will run from...
Read More

DAM Finance Launches Mainnet to Enable Multichain Liquidity

Shared liquidity protocol dPRIME Asset Modules Finance (DAM Finance) has launched its mainnet, enabling users to “teleport” their liquidity across several blockchain networks. According to a press release, the decentralized, multichain liquidity infrastructure layer is currently live on Ethereum and Moonbeam. DAM Finance Unveils Multichain Liquidity Layer DAM’s global shared infrastructure offering would allow users...
Read More

Toyota Taps Astar Network for Web3 Hackathon

Japan’s largest conglomerate – Toyota Motor Corporation – will sponsor the world’s first global Web3 hackathon. Polkadot’s leading parachain, Astar Network, has been roped in to make Web3 use cases for Toyota’s employees. According to the official press release shared with CryptoPotato, the car giant is looking to embrace the Web3 space in a bid...
Read More

Here’s Why Polkadot’s DOT Is Not a Security According to the Web3 Foundation

Back in 2017, the SEC released Report 21A, better known as the DAO Report. In it, the agency laid out the reasons why the tokens of most DAOs, Polkadot included, should be considered securities. The paper, however, stated that there were steps development teams could take in order to make their projects not function as...
Read More

Polkadot, Kusama Witness Notable Surge in Development Activity

The crypto industry appears to be slowly recovering from the catastrophic collapse of the FTX crypto exchange, marking one of the worst years in the sector’s history. However, several blockchain networks are making strides in the terms of development activity. According to the latest data from the crypto-analytic firm Santiment, Polkadot (DOT) and Kusama (KSM)...
Read More

Polkadot’s Astar Network Introduces XVM Functionality to Boost Multichain Use Cases

Astar Network – a smart contract innovation hub that connects the Polkadot ecosystem to all Layer 1 blockchains – launched its Cross-Virtual Machine (XVM) on the public testnet Shibuya.  It enables projects building on Astar to interact with other smart contract ecosystems, including the WebAssembly (WASM) and Ethereum Virtual Machine (EVM). Enter the XVM According...
Read More

Polkadot Creator Gavin Wood Resigns as Parity CEO

Gavin Wood – creator of Polkadot and co-founder of Ethereum – has exited his leadership position from the network’s major infrastructure provider, Parity Technologies. However, he will still remain closely involved with the company.  Though he will no longer be CEO, Wood will remain Parity’s majority shareholder, and will transition into a new role as...
Read More

Polkadot Development Activity Peaks in Q3: Report

Latest data also suggest that nearly 14,930 developer contributions were recorded on Polkadot’s GitHub for August, establishing a new monthly ATH by a wide margin. Polkadot surpassed the margin yet again but for the first time in September, concluding the month with 15,433 contributions, the highest recorded on any network, including Ethereum. New Records For...
Read More

Tether (USDT) Launched on Polkadot

Tether, the operator of the third-largest cryptocurrency with a market cap of almost $70 billion, announced the USDT launch on Polkadot. Thus, the stablecoin is now available on roughly a dozen blockchain networks. The announcement from the company described Polkadot as a “full-stack Web 3 ecosystem built for the multi-chain future.” Adding that it has...
Read More

KuCoin Identifies Inaccurate Information in Acala’s Community Proposal

Acala – one of the first Polkadot parachains – recently rolled out a yield-bearing liquidity pool for aUSD and a form of wrapped bitcoin, which contained a bug that was soon exploited by the hackers resulting in 1.2 billion aUSD being minted without collateral. This week, the protocol launched a report detailing the exploit along...
Read More

Over 1.2 Billion aUSD Minted in an Exploit of Polkadot’s DeFi Hub Acala

Polkadot’s decentralized finance (DeFi) hub Acala suffered a major attack on its newly launched liquidity pool on Sunday. The exploit allowed the hacker to mint more than 1.2 billion aUSD, the project’s stablecoin.  Shortly after the hack, the Acala team updated users on Twitter, noting that the exploit originated from a “misconfiguration of the iBTC/aUSD...
Read More

Astar Network Partners Acala to Boost DeFi on Polkadot

Polkadot’s innovation hub Astar Network has partnered with DeFi network Acala to boost decentralized finance (DeFi) by unlocking new opportunities and rewards for developers in the Polkadot ecosystem.  The two entities have joined forces to launch a new DeFi program dubbed “Astar x Acala DeFi Rising.”  The DeFi Rising Program According to a press release...
Read More

Alchemy and Astar Network Combine Forces to Boost Web3 Development on Polkadot

Blockchain company Alchemy and innovation hub Astar Network will collaboratively power developer tooling on Polkadot. As such, the two entities have partnered to accelerate web3 development on Polkadot. As per the press release shared with CryptoPotato, the move essentially aims to simplify the process for developers to create decentralized applications on Polkadot’s leading parachain –...
Read More

Polkadot’s Network Usage Remained Consistent in Q2 Despite Market Downturn: Report

Blockchain analytics platform Messari has published a detailed report on Polkadot’s performance in Q2, 2022, analyzing different aspects of the protocol, including market valuation, network usage, developer activity, parachains, and ecosystem challenges. Polkadot’s Valuation Dropped 66% in Q2 The paper, dubbed the “State of Polkadot,” revealed that the blockchain project’s native crypto asset shredded about...
Read More

Revolut Launches Crypto Learn and Earn Feature

Revolut, a global financial app, has joined a growing list of companies advancing cryptocurrency education through the “Learn and Earn” initiative. The concept rewards users with crypto for learning about essential topics in the blockchain industry. Revolut Partners Polkadot to Launch “Learn and Earn” In a press release shared with CryptoPotato, Revolut, valued at $33...
Read More

Parity Onboards Three New Executives to its Leadership Team

Parity Technologies – the engineering firm behind the initial implementation of Polkadot – has rounded out its leadership team with the addition of three new hires. These include Eran Barak as COO, Fahmi Syed as CFO, and Peter Ruchatz as CMO. As Chief Operating Officer, Eran Barak will be responsible for overseeing people and operations,...
Read More

Polkadot Unveils Proposal for Next Generation of Governance

Polkadot creator Gavin Wood unveiled the next generation of governance for the DOT ecosystem – Gov2. Only after the v2 is tested on Kusama, a proposal will be made for the Polkadot network to vote on. New Polkadot Governance v2 According to the press release shared with CryptoPotato, the new governance system does not intend...
Read More

Polkadex Locks in Polkadot Parachain Slot by Allocating Nearly 1 Million DOT

Since the 21st of November 2021, the team at Polkadot has conducted regular DOT-based auctions for one of the coveted slots in their parachain network. There are plans for 100 parachain slots, give or take. Auctions for the first 41 have already been planned, with one happening roughly every ten days. The 16th auction started...
Read More

KILT Launches New Application for Digital Identities

KILT announces the launch of web3name, an application for creating a custom name to represent users’ digital identity. The new approach would increase the transparency of users’ identities without sacrificing the privacy involved with personal data. KILT, a blockchain identity protocol based on the Polkadot network, issues a new form of digital credentials, Web3name(w3n), for...
Read More

Tether Announces Launch of USDT on Kusama

Tether Operations Limited, the operator of Tether.io, has announced the launch of USDT on Polkadot’s canary network – Kusama. The company said the move will enable developers to compose trustless applications across chains, communities, and networks. Tether on Kusama According to the press release shared with CryptoPotato, USDT will be deemed with the asset ID...
Read More

Acala, Anchor Join Forces to Unite Terra and Polkadot DeFi Ecosystems

Acala, the Ethereum-compatible DeFi protocol has announced teaming up with Anchor to boost the decentralized stablecoin space of Terra and Polkadot ecosystems. Following Wormhole integration plans, the two parties are all set to bring increased liquidity and yield opportunities for aUSD and UST by serving as gateways into the decentralized finance ecosystems of Polkadot and...
Read More

Philippines Fintech Giant PayMaya Launches Bitcoin Education Feature

PayMaya – one of the leading digital financial services platforms in the Philippines – rolled out a cryptocurrency feature on its app, allowing customers to deal with bitcoin and altcoins. The initiative aims to educate locals about the merits of the asset class and grant them access to it. PayMaya Enters the World of Crypto...
Read More

WisdomTree Launches Three New Crypto ETPs Tracking Solana, Cardano, Polkadot

WisdomTree, a New York-based exchange-traded fund (ETF) sponsor and asset management firm, announced this week the launch of three new crypto ETPs. They will track the performance of Solana (SOL), Cardano (ADA), and Polkadot (DOT). WisdomTree Launches New Crypto ETPs According to the official announcement, the new ETPs dubbed WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW),...
Read More

Polkadot Parachains, Venture Funds Launch $250 Million Acala Ecosystem Fund

Acala has teamed up with eight Polkadot parachain teams and several supporting venture funds, to launch a $250 million aUSD Ecosystem Fund. It will be used to back upcoming startups focused on building applications with strong stablecoin use cases on any Polkadot or Kusama parachain.  $250M ‘aUSD Ecosystem Fund’ The participants of the funds are...
Read More

Enjin’s Efinity Becomes the First NFT Parachain on Polkadot

The popular ecosystem for non-fungible tokens – Enjin – launched the first NFT parachain on Polkadot. Following the initiative, the former vowed to support CryptoBlades and its more than one million users. The First NFT Parachain Launched on Polkadot At the end of 2021, Enjin’s NFT project – Efinity – won Polkadot’s last parachain auction...
Read More
1 2 3 4

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Bitcoin (BTC) $ 71,280.10 1.85%
Ethereum (ETH) $ 3,598.40 1.23%
Tether (USDT) $ 1.00 0.15%
BNB (BNB) $ 587.16 2.08%
Solana (SOL) $ 187.48 1.21%
Lido Staked Ether (STETH) $ 3,583.46 0.93%
XRP (XRP) $ 0.62249 0.76%
USDC (USDC) $ 1.00 0.04%
Dogecoin (DOGE) $ 0.220084 18.86%
Cardano (ADA) $ 0.654409 1.38%