High-speed blockchain platform Polkadot has recently passed a proposal that enables registration and crowd loans for developers. The news has made the prices of DOT soar 15% to an all-time high. In response to the news, Polkadot’s native token DOT has climbed 15% higher in prices and is currently at $51.57. The Polkadot team announced…
Sooner or later, but it had to appear – a kind of “testing ground” for developing the most advanced blockchain initiatives, where it is very easy for developers to integrate their project, but there are no stability or security guarantees for it. On August 24, cryptocurrency developers in Polkadot announced that the Kusama network would…
Cream Finance, decentralized finance (DeFi) project, will integrate its lending and borrowing services with Moonbeam, a smart contract platform on Polkadot. Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. On a Thursday, Moonbeam has announced Cream Finance would be integrating with its…
Following the debut success of Kusama Parachain auctions back in June of this year, the Kusama Council is set to approach a further five auctions. The good news is rolling in for the Polkadot team, who’ve been working hard on Parachain auctions on its testnet. In addition to being secured by the central Relay Chain,…
As the initial five Kusama parachain auction winners have been chosen between June 15th and July 20th, Moonriver, a community-driven sister network to the Moonbeam Foundation, became among them. Kusama is the sister network of Polkadot, serving as a testbed where much of the innovation is unfolding. Similarly, Moonbeam has its own sister that serves…
Parachains provide an original alternative to the current centralized internet infrastructure with its weaknesses. How does it works, explained by Alex Siman, founder of Subsocial, a Polkadot-based decentralized social network platform. The upcoming Ethereum London upgrade, along with the launch of Polkadot and Kusama’s parachains, has delivered a piece of good news to the crypto…