Polkadot

Polkadot

Tech

Acala Wins First Polkadot Parachain Auction, With $1.3B in DOT Committed

Parachain auctions saw almost $3.5 billion collected by 10 hopefuls, with Acala edging out Moonbeam for the first slot.

(Sofiya Levchenko/Unsplash)

Finance

Polkadot DeFi Darling Acala Has Gathered Over $600M and Counting

Acala is likely to win the first Polkadot parachain slot in the auction process beginning Thursday.

One of the options DOT holders can vote on. (Polkadot)

Markets

Crypto Fund Inflows YTD Significantly Higher Than Last Year

Total assets under management have also reached an all-time high of $80 billion.

Weekly Crypto Asset Flows

Finance

Sequoia Jumps Into Token Plays With Investment in DeFi Project Parallel

June filings show the VC giant has a relationship with Coinbase Custody.

(ArtisanalPhoto/Unsplash)

Videos

Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Bitcoin and ether were little changed over the past 24 hours. Yet, digital currencies associated with Solana and Polkadot, both alternatives to the Ethereum blockchain, were outperforming along with gaming tokens like Axie Infinity’s AXS. "The Hash" team discusses the rise of altcoins and wider crypto markets outlook.

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Markets

Ethereum Alternatives and Gaming Tokens Outperform BTC and ETH

Solana’s SOL hit an all-time high of $246 on Wednesday and the token is up 5% in the last 24 hours. Polkadot (DOT) is up 7%.

The chart shows Ethereum alternatives such as Polkadot's DOT and Solana's SOL are outperforming bitcoin and ether. (TradingView)

Tech

DOT Holders Are Voting on Polkadot’s New Look

The interoperability protocol began a brand overhaul in January. Now the community can vote on the final outcome.

One of the options DOT holders can vote on. (Polkadot)

Finance

Fintech App Current Taps Coinbase’s Bison Trails to Support Polkadot DeFi Plans

Current is enlisting back-end support in its bid to combine DeFi services with the best of its traditional offerings.

Bison Trails CEO Joe Lallouz.

Videos

Polkadot Sets Date for Hotly Anticipated Parachain Auctions

The much-anticipated parachain auction process, where projects are allocated slots for building on the Polkadot smart contract blockchain, is slated to begin on Nov. 11. “The Hash” squad discusses the outlook for the Polkadot network following the latest step signaling the vision for an interconnected blockchain framework could be realized soon.

CoinDesk placeholder image

Videos

SEBA Bank Exec on Launching Program for Clients to Earn Yield With Crypto

Digital asset platform SEBA Bank has introduced a product that will let clients earn a yield on their crypto holdings. Institutions can generate rewards from proof-of-stake protocols such as Polkadot, Tezos and Cardano, with other networks to be added over time. Urs Bernegger, Co-Head of Trading and Investment Solutions at SEBA Bank, discusses the launch, the role of Europe in DeFi, and his crypto markets assessment.

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