Polkadot News

Latest news about Polkadot [DOT]

Polkadot is a blockchain that has a very clear and innovative goal: to function as an interconnection hub for the various existing blockchains.

To this end, Polakadot has two main functions.

The first is to function as a data transmission and processing blockchain. This would allow Polkadot to be an extra layer of scalability for other blockchains.

And the second is independent operation through its own blockchains. Which gives Polkadot the ability to run its own Smart Contracts and host Decentralized Applications (DApps).

Polkadot uses Parachains technology, which allows it to create sub-chains with independent operation from the main chain, known as Relay Chain.

Crypto May Day; Bitcoin Sinks Below $26K

Crypto May Day; Bitcoin Sinks Below $26K

A looming hazard of a 'crypto winter' hangs as Bitcoin (BTC) tumbled below $26K. Ethereum along with major cryptocurrencies traded in a sea of deep...
Trading on Karura Swap Goes Live with KSM/KAR

Trading on Karura Swap Goes Live with KSM/KAR

The first decentralized exchange is now live on Polkadot and Kusama named Kurara Swap with the initial pair KSM/KAR. Kurara is a DEX that...
bitfrost

The First Round of Kusama Parachain Bidding has Ended with Bifrost Finance as the...

Polkadot Network is steadily moving towards launching the much-awaited parachain functionality as the first round of parachain slot auction for its sister network Kusama has ended.
Crypto Market Steps Up; Bitcoin Breaches $31K

Crypto Market Steps Up; Bitcoin Breaches $31K

The crypto market showed positive signs after Bitcoin (BTC) closed in green following nine consecutive weeks of tracking losses during the close. Ethereum (ETH)...
Enjin Invests in Unbound Finance; UND Stablecoin Coming to Efinity and Polkadot

Enjin Invests in Unbound Finance; UND Stablecoin Coming to Efinity and Polkadot

Enjin announced a new investment with a focus on bringing UND stablecoin to Efinity and Polkadot. Unbound Finance is the latest recipient of Enjin...
khala-parachain

Phala’s Canary Network Khala Wins the Fourth Kusama Parachain Slot Auction

Phala’s canary network Khala Network, a Substrate-based interoperable cross-chain confidential smart contract platform, has won the fourth Kusama parachain slot auction and is now the fifth parachain on the sister network of Polkadot along with Statemine (test parachain), Karura Network, Moonriver Network, Shiden Network.

Acala’s Sister Network Karura Wins the First Parachain Slot on Kusama Network

Acala’s sister Network Karura has won the first parachain slot in the first Kusama parachain slot auction and is now officially producing blocks on the Kusama Relay Chain.
The First Derivative DEX on Polkadot dTrade Will be Powered on Moonbeam

The First Derivative DEX on Polkadot dTrade Will be Powered by Moonbeam Network

dTrade, a decentralized exchange (DEX) for perpetual swaps and options powered by Substrate SDK, is building its DeFi derivative protocol on Moonbeam Network, a Polkadot parachain for Ethereum-compatible smart contracts, to bring derivative trading on Polkadot.
Subquery launches program $500K projects Polkadot

SubQuery Launches $500K Grant Program to Boost Polkadot Projects

Data indexing solution SubQuery has announced the launch of a $500,000 grant program to boost teams building on Polkadot Network.
calamari

Calamari Network has Become the Seventh Real-World Parachain on Kusama

Calamari Network has become the seventh real-world parachain on Polkadot’s canary network after winning the seventh Kusama parachain auction.

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