Polkadot Creator Announced The First Kusama Parachain Auction On June 15

    After months of waiting, the first Kusama Parachain auction went off without a hassle. The now active Parachain has already begun successfully processing transactions, paving the way for future slot auctions. The first Kusama Parachain auction could happen by mid-June. Gavin Wood, Polkadot and Kusama creator, posted on Tuesday the schedule for the long-awaited Kusama…

    DeFi Conglomerate Equilibrium Raises $8.5M to Win a Place on Polkadot

    Phase one for the project reached its 250,000 DOT token hard cap. Phase two is looking to net the remaining 750,000 DOT required to land a parachain. Decentralized finance (DeFi) platform Equilibrium has raised around $8.5 million as part of the process to launch its suite of services on the Polkadot network. Equilibrium, which calls…