Parachains News

Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future

While cross-chain bridging solutions are popular, many users do not realize the full risks associated with using them.

UNQ token sale closes with over $11 million in contributions from 7,900 supporters

Unique Network, the NFT chain built for Polkadot and Kusama, has raised over $11.2 million from 7,900 supporters in their public sale.

Ethereum-compatible smart contract parachain Moonbeam is live on Polkadot

Similar to how Moonriver ushered deployments and usage to Kusama, Moonbeam is expected to bring new activity to Polkadot. 

Efinity becomes the winner of Polkadot’s sixth parachain auction

Developed by Enjin, Efinity is poised to offer solutions for the greatest challenges in the NFT space–crippling fees, inflexible smart contracts, and, above all, interoperability.

German telecom giant supports Polkadot, acquires DOT tokens

T-Systems MMS, a subsidiary of German telecom giant Deutsche Telekom, participates with its infrastructure in securing and maintaining the Polkadot network. As part of the partnership, T-Systems MMS acquires DOT tokens.

Liquidity solutions for the Polkadot ecosystem

Footprint Analytics: Guide to Moonriver (MOVR)

Moonriver is the canary network of Moonbeam developed by the PureStake team.

Parallel Finance wins Polkadot’s fourth parachain slot auction with $300 million raised

Parallel Finance won the fourth parachain slot auction, with 10,75 million DOT contributed.

Subsocial network wins Kusama’s 16th parachain auction with over 100k KSM raised

Social finance platform Subsocial raises over 100k $KSM from over 11.9k stakeholders.

Why 2022 could be a big year for the Polkadot ecosystem

The success of the Kusama parachain auctions paved a path for Polkadot’s mainnet rollout, with many auction-winning projects – not least Acala’s DeFi hub Kurara – outlining plans to launch on Polkadot too.

Here’s why the demand for Moonriver (MOVR) could rise as Chainlink integration begins

The native integration with Chainlink oracle services enables EVM developers in the Kusama ecosystem to use external data resources and off-chain computations for building DeFi applications. 

Crypto investment firm DFG contributes 200,000 DOT to Efinity’s crowdloan on Polkadot

This is the second largest allocation the company made to a project competing for a parachain slot.