Polkadot

Reef Finance Raises $3.9M for Cross-Chain DeFi on Polkadot
DeFi on Ethereum is costly and congested. Can other base layers step up? Polkadot's Reef Finance has raised $3.9 million to try.

Parity Upgrades Polkadot's Underlying Tech to Make Custom Blockchain Building Easier
Polkadot developer Parity Technologies has released the second version of its blockchain building kit Substrate 2.0, including 70 composable modules.

Polkadot Projects Will Be Able to Mint Their Own Tokens in 2021
A token minting system is coming to the Polkadot blockchain ecosystem, promising to be a leaner, meaner version of Ethereum’s ERC-20 standard.

Swisscom Blockchain Wins Grant From Web3 to Help Toughen Polkadot’s Proof-of-Stake Network
Swisscom Blockchain has been awarded a grant from the Web3 Foundation to build a cloud-based protection layer for the Polkadot network.

Polkadot-Based Acala Raises $7M as DeFi Grabs Land on Another Blockchain
Acala, a DeFi startup building on the Polkadot blockchain, has closed a $7 million simple agreement for future tokens (SAFT) led by Pantera Capital.

Developers Eye Mid-September for Ethereum, Polkadot Bridge Proof-of-Concept
The Snowfork proof-of-concept acts as a two-way bridge between the Ethereum and Polkadot ecosystems, according to the group.

First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club
Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included.

Token Sales Are Back in 2020
As the price of bitcoin rises, token sales have become trendy once more. Here's how Avalanche, Polkadot and NEAR have fared in 2020.

Polkadot Releases Rococo, Its Test Environment for Interoperable 'Parachains'
Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum
Terra is joining forces with Cosmos, Web3 Foundation and Solana to roll out a DeFi product meant for a wider consumer audience. Meet Anchor.

