Polkadot

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.

Polkadot Sets Date for Hotly Anticipated Parachain Auctions
There could still be minor changes to the schedule, but the first auction is slated to begin on Nov. 11.

Crypto Funds Draw $90M in New Money as Confidence Returns
Bitcoin-focused funds have attracted new capital for three straight weeks, after a period of outflows in recent months.

Polkadot’s Gavin Wood: DeFi Regulation Is ‘a Good Thing’
Gavin Wood, CEO of smart contract blockchain Polkadot, which issues its native token DOT, discusses why regulation is good for DeFi, adding it would force projects and platforms to be truly decentralized, and it would weed out projects with more centralized elements.

Solana Funds Outshined Bitcoin Last Week Amid Down Market
Crypto funds focused on Solana’s SOL token garnered almost $50 million of inflows last week, while bitcoin funds brought in a “paltry” $200,000.

SubQuery Gets $9M in Series A to Improve Access to Blockchain Data on Polkadot
Funding will go toward accelerating SubQuery’s technical and community roadmap, among other pursuits.

Former Libra Director Joins Polkadot Builder
Bertrand Perez is joining the Web3 Foundation as chief operating officer after resigning from the Facebook-linked Diem in July.

Former Libra Director Joins Polkadot Builder
Bertrand Perez, the former chief operating officer (COO) of the Facebook-backed Diem stablecoin project, is joining the Web3 Foundation, a backer of the Polkadot blockchain, as COO. "The Hash" group discusses what this could signal about the future of Diem and Polkadot and the possible impact on stablecoin regulation.

Solana’s SOL Token Nearly Tripled in August as Investors Bet on ‘Ethereum Killers’
Terra’s LUNA and Cardano’s ADA also surged as Ethereum’s scalability issues pushed investors to speculate on alternative DeFi base layers.

Polkadot’s Parallel Finance Raises $22M at $150M Valuation
The startup wants to become a DeFi “brand” across multiple blockchains.

