Acala wins first Polkadot parachain auction with $1.3 billion raised
    21 Nov 2021
    798 Views

    Acala, an Ethereum-compatible DeFi protocol for scaling DApps, has secured first place in Polkadot’s parachain auctions, with over 81,000 stakeholders locking up their funds in the crowd loan. As a result, the upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. The first coveted Polkadot parachain slot was…

    Long-term Bitcoin holders refuse panic selling
    21 Nov 2021
    475 Views

    Although the Bitcoin price dropped by nearly 20% in the last seven days, long-term Bitcoin investors, who bought at 2017 highs, have still not sold, data shows. According to the Hold Waves metric data, coins that last moved in the past six to 12 months now make up the most significant portion of the BTC…

    84% of UAE consumers know crypto, while about half see it as an alternative to cash
    21 Nov 2021
    399 Views

    Despite the impact of the pandemic, the survey conducted by Visa reveals that consumers in the UAE are gaining confidence in their shopping behaviors towards the local merchants, digital payments, online shopping, and cryptocurrencies. Also, 84% of UAE consumers know about cryptocurrencies, with about half of them seeing crypto as an alternative to cash. According…