Polkadot unveils $770M development fund ahead of parachain auctions

Polkadot’s Gavin Wood has announced a more than $770 million development fund just weeks before the network’s parachain auctions are set to go live. Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions.

Polkadot Price Spikes As Platform Announces Imminent Launch of Parachain Auctions

Popular altcoin Polkadot (DOT) is surging after a governance vote approved bringing parachain auctions to its protocol.

Polkadot to debut parachain auctions after governance vote

The first series of auctions will begin on Nov 11 and run until Dec.

What is Kusama? Polkadot’s Canary Network Explained

This guide explains everything you need to know about Kusama - Polkadot's Canary Network.

First Kusama Statemine Token RMRK Now Available on CEXs

[PRESS RELEASE – Zug, 29 Sept] The RMRK Association announces that the RMRK token, the utility and governance token of the popular NFT protocol, is now available for purchase on Kucoin and Gate.

RMRK Token, the first Kusama Statemine token tradable on CEXes

The RMRK Association announces that the $RMRK token, the utility and governance token of the most advanced NFT protocol created to date, is now available for purchase on Kucoin and Gate. This is thThe post RMRK Token, the first Kusama Statemine token tradable on CEXes appeared first on AMBCrypto.

Polkadot Web3 wallet Talisman closes $2.35M seed funding round

Talisman plans to release an early version of its Polkadot wallet extension before the end of November. Talisman, a Polkadot Web3 wallet platform, has raised $2.35 million from early backers including Hypersphere Ventures, Koji Capital and Advanced Blockchain AG as well as several anonymous Flex Dapps investors.According to an announcement issued on Wednesday, with the funding round closed, Talisman is looking to launch a wallet extension by Nov.

Moonbeam Partners with Lido to Offer Liquid Staking on Polkadot

Moonbeam will be integrating with Lido to offer liquid staking on Kusama and the Polkadot ecosystem. 

KILT Protocol Goes Live After Winning Kusama’s 6th Parachain Auction

Blockchain identity protocol KILT has announced its launch on Mainnet after winning Kusama’s sixth parachain auction. 

Polkadot reaching 'escape velocity' has this impact on Kusama

Altcoins have rallied pretty well in response to Bitcoin’s recovery, several times in a row this season.

​​Cream Finance will integrate with Polkadot blockchain using Moonbeam

Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. Decentralized finance project ​​Cream Finance will bring its lending and borrowing services to Moonbeam, a smart contract platform on Polkadot. In a Thursday announcement, the Moonbeam network said Cream Finance would be integrating with its ecosystem starting with its parachain on Kusama, Moonriver, and then on Polkadot.

KSM Spikes 30% to a Two-Month High Ahead of Kusama’s Parachain Auction Start

One day ahead of the start of Kusama's parachain auctions, the price of KSM has exploded by nearly 30%.

Wanchain Taps Moonbeam to Enhance Polkadot’s Kusama DeFi Ecosystem

Wanchain has announced an integration with Polkadot-based Moonbeam to boost the DeFi ecosystem on Kusama.

24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%

During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days.

Three Ways to Benefit from Polkadot’s Expanding Ecosystem

Sharded blockchain Polkadot recently set tongues wagging after confirming the next batch of parachain auctions on its experimental network Kusama.

Polkadot’s Kusama (KSM) Announces the Next 5 Parachain Auctions

Polkadot's Canary network - Kusama - announces the schedule for the next five parachain auctions.

Kusama network set to launch its next five parachain auctions

The Kusama Council is set to announce a further five parachain auctions after a successful $450 million TLV in the first round back of June 2021. Kusama is a platform that acts as a test environment, or a so-called “canary network,” for developers to experiment and determine the efficiency of their blockchain code and applications prior to their official release on the Polkadot network. Due to the trial-and-error nature of Kusama, developers can benefit from a less stringent governance framework, as well as lower staking requirements than they would experience on Polkadot.Following the debut success of its parachain auctions back in June of this year, the Kusama Council is set to approach a further five auctions scheduled for the coming weeks.Parachain auctions on Kusama adopt a rare historical method of auction analysis called the candle method, whereby users will bid during a fixed allocated auction time, staking their Kusama (KSM) tokens for their favored project.

What you need to know about Polkadot, Uniswap and Kusama

Bitcoin’s monopoly over the market is undisputed; even though alts form an indispensable part of the market, a lot of altcoins tend to follow Bitcoin’s footsteps.

Hidden Gems: Kusama Parachain Auction Contenders You Should Look At

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. If you’re a crypto enthusiast and you haven’t been following the Polkadot project, then you probably should be.

Kusama Parachain Progress: Where Do the Winners Stand Now?

As you might already know, parachains are different individual layer-1 blockchains, running in parallel within the Polkadot ecosystem, on the Kusama network – and soon to be Polkadot as well.

Biggest Blockchain and AR Art Experience Developed in Canada With Kusama’s Help

The biggest blockchain-based and augmented reality art experience was developed in Canada with the help of the Kusama Network.

Blockchain-based digital art installation to launch on Vancouver bridge

The Kusama Network is taking the shape of digital artwork as part of a massive installation by the Vancouver Biennale. Canadian public art exhibition organization Vancouver Biennale is preparing to unveil an art installation that combines physical and digital realities withblockchain technology.Located on the south side of the Cambie Street Bridge in Vancouver, the new Voxel Bridge installation is a blockchain-based augmented reality (AR) experience that can be viewed with iOS or Android devices.

Acala’s Karura Swap Becomes the First DEX on Polkadot’s Kusama

DeFi hub and parachain, Acala, has launched its Karura Swap DEX alongside what it calls the first "trustless trading pair" in the Polkadot and Kusama ecosystem.

Karura launches decentralized exchange on Polkadot and Kusama

Karura Swap has opened trading for the Kusama/Karura — KSM/KAR — pair as the platform becomes one of the first DEXs to launch on Polkadot and Kusama. Karura, the Polkadot implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap.According to the announcement issued on Friday, the DEX platform is now live, with KSM/KAR being the first trading pair on the exchange.Per details provided by the announcement, Karura Swap has gone live with an initial total value locked north of $3.4 million, with more than 1,000 unique liquidity providers (LP).The team revealed that the DEX launch highlighted the benefits of its “Bootstrap feature” that provides a liquidity sandbox for trading pairs with the walled environment, reportedly preventing front-running and market manipulation during the initial launch of a trading pair.“With Bootstrap, Karura aims to empower trustless trading at fair market rate to reflect the tenets of equitable and open finance for all,” the blog post added.Indeed, the inaugural KSM/KAR pair passed through the bootstrap phase and has only gone live after satisfying the mandated liquidity goal.

Thorchain, Polygon, Kusama Among Biggest Losers in Today’s Crypto Crash

The prices of most cryptocurrencies followed Bitcoin’s lead today and rushed downwards.

Polkadot Is the Only Blockchain Protocol Fitting the Revolutionary Bill: Interview With Parity

Parity Technologies' head of public affairs explains why Polkadot is superior to Ethereum, how do Parachains work, the role of Kusama, and more.

These Polkadot, Kusama on-chain metrics are falling but...

Altcoins, to a certain extent, have been following Bitcoin’s footsteps of late.

Here Are Top Five Altcoins To Watch Based on VC Backing, According to Coin Bureau

Popular cryptocurrency analyst and Coin Bureau host, Guy, says investments by venture capitalists in later-stage cryptocurrency projects indicate the high potential those particular projects have.

Shiden secures third parachain slot on Kusama

The canary project of Polkadot-based multi-chain DApp hub Astar Network has won Kusama’s third parachain auction. Shiden, the sister-project of leading Polkadot-native layer-two decentralized app hub, Astar Network (formerly Plasm Network), has won the third parachain auction for Polkadot’s experimental sister-network, Kusama.Shiden secured the slot with a total of 137,020 KSM tokens bonded — worth nearly $29 million at current prices.Shiden is a smart contract platform for Kusama-based DApps, offering multi-chain support for Ethereum Virtual Machine and WebAssembly-based contracts.

How much intrigue is behind Kusama’s parachain auctions?

Understanding the available data and current standings for the parachain auctions on Kusama. Eleven projects joined the race when Kusama parachain auctions started on June 15.

DeFi hub Karura emerges as first Kusama parachain slot auction winner

Polkadot’s canary network Kusama is set to see decentralized finance hub Karura become the first parachain. Karura network has emerged as the winner of the maiden Kusama parachain slot auction.According to an announcement issued on Tuesday, Karura pulled support from over 15,000 entities who staked Kusama (KSM) tokens in favor of adding the decentralized finance hub as the first Kusama parachain.In total, Karura backed locked up over 491,000 KSM  currently valued at $93 million based on the Kusama market price as of the time of writing.

What Do Kusama, Polkadot and Your Spare Crypto Holdings Have in Common?

What do Kusama, Polkadot and your spare cryptoasset holdings have in common? Parachain Slot Auctions, that’s what.

Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction

Polkadot emerged as one of the best-performing tokens week-to-date as traders' focus shifted on DOT's listing at Coinbase Pro and Kusama's first-ever parachain auction, set to go live on Tuesday. Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency's entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network's testbed version, Kusama, this Tuesday.The DOT/USD exchange rate reached $26.44 during the Monday session, following a roughly 37% upside move that started in the previous daily session.

Another first for Polkadot as Kusama council approves first parachain slot auction

The first Kusama parachain slot auction will now commence and is set to run for the next week. Polkadot's Kusama council passed Motion 310 on Tuesday, confirming the start of the first slot auction on the Kusama network.According to details shared on the Polkadot governance platform Polkassembly, 13 out of the 19 “seats” on the Kusama council voted in favor of commencing the slot auction process.First slot auction on Kusama network is approved.

Nifty News: Porsche enters NFT sector, Mark Cuban keeps investing, and Chainlink-powered NFTs

Porsche announces NFT subsidiary, Chainlink oracles unlock special NFT content, and Mark Cuban continues to invest millions into companies targeting nonfungibles.

Top 5 cryptocurrencies to watch this week: BTC, AAVE, KSM, ALGO, TFUEL

AAVE, KSM, ALGO and TFUEL are showing signs of strength while Bitcoin bulls attempt to push BTC price over $38,000.

These Low Cap Altcoin Gems Are Set To Explode 100X, Says Crypto Analyst Lark Davis

Top crypto trader and analyst Lark Davis is discussing low-cap crypto gems within the Polkadot (DOT) and Kusama (KSM) ecosystems that he says have the potential to print 100x gains.

Why Solana, Polkadot, Kusama are likely to continue doing this

The market's altcoins have rallied in response to Bitcoin's recovery several times in a row this season.

Stake Technologies secures $10M to build DApp ecosystem for Polkadot and Kusama

The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama.

Polkadot’s Acala Raises Over $100M in KSM Tokens in Kusama’s Parachain Auction

With over $100 million raised in KSM tokens, Polkadot's DeFi hub and parachain, Acala, is set to win Kusama's upcoming parachain slot auction for its Karura network.

Polkadot, Kusama Rally On USD 100M Parachain Lease Auction News

Native tokens of sister networks Polkadot (DOT) and Kusama (KSM) have rallied today following a start of Parachain Auctions as Acala Network raised over USD 100m in KSM for its Karura network. DOT has appreciated nearly 10% in the past 24 hours, and currently (09:30 UTC) trades at almost USD 24.

Crypto Asset Kusama Dramatically Outperforms Market, Gets Big Boost From Kraken

Cryptocurrency exchange Kraken says it will support the competitive process of awarding slots to projects on the Kusama (KSM) network.

Kraken Launches Kusama Parachain Auction Platform,Driving it Surging by 19.07%

Cryptocurrency exchange Kraken official announced to launch of the Kusama Parachain Auction platform.

This ‘Superstar’ Crypto Set To Explode Soon, According to Trader Lark Davis

Cryptocurrency analyst and trader Lark Davis is unveiling what he believes will be the superstar of the crypto markets in the coming weeks.

Kraken launches Kusama Parachain Auction platform as KSM defies downtrend

KSM token prices surge as Parachain auctions launch nears.

Polkadot’s Kusama (KSM) Statemine Parachain Slot Auctions To Begin Next Week

After a successful upgrade of its parachain from Shell to Statemine, Kusama announced today that slot auctioning will be rolled out in the coming weeks.

Polkadot creator Gavin Wood proposes June 15 for first Kusama parachain auction

The first Kusama parachain auction could happen by mid-June if the council votes in favor of a recently released tentative schedule. Polkadot and Kusama creator Gavin Wood has published a tentative schedule for the much-anticipated Kusama parachain slot auctions.  According to a blog post posted on Tuesday, the first parachain auction slot will open on June 15 at 12:00 pm Central European Summer Time.The tentative schedule, subject to the approval of the Kusama Council and other KSM stakeholders, will see the maiden parachain auction concluded by June 17, with the bidding period continuing until June 22.If the Kusama Council approves the schedule, then the first-ever parachain slot auction winner could emerge by 11:00 am on June 22.

Polkadot’s Parachain Vision Materializes Following Successful Kusama Auction

After months of hype around the launch, the first Kusama parachain auction went off without a hitch.

How Will the Deployment of Polkadot and Kusama Auctions Affect the Blockchain Market?

Gavin Wood, founder of Kusama and Polkadot, has announced the launch of parachain slot auctions.

Polkadot (DOT) and Kusama (KSM) skyrocket in price after attracting $30M in funding

Polkadot and Kusama prices rose as Master Ventures announced a $30 million Polkadot ecosystem fund. Polkadot (DOT) and Kusama (KSM) rose in tandem on June 3 as traders assessed a venture capital firm's major investment into their blockchain ecosystems.Dubbed as Master Ventures, an Asian blockchain incubator and venture capitalist announced that it had launched a $30 million venture capital fund called Master Ventures Polkadot VC Fund.

This Red-Hot Crypto Could See Massive Upside Action, According to Coin Bureau

Popular crypto analyst Coin Bureau says one red-hot altcoin could see giant upward action soon fueled by key fundamental catalysts.

Promising Integrations Join the Polkadot Ecosystem

As Polkadot’s vision of a decentralized web advances, the integrations of KILT Protocol and the fintech platform Current are adding new utility layers across the blockchain’s ecosystem, helping tear down the existing barriers between Web 2.0 and 3.0.

Polkadot’s Parachain Launch Phase Begins

Gavin Wood has announced that Polkadot’s Kusama canary chain is now ready to launch parachains, as well as parachain slot auctions and crowdloans.

Parachains on Polkadot Are One Step Closer to Launch

Polkadot’s experimental network Kusama has seen its first parachain rolled out, marking the next milestone on the project’s roadmap. 

Polkadot Announces The Launch of Phase Five with Parachain Functionality

Gavin Wood, the creator of Polkadot and Kusama, announced that the Polkadot mainnet will begin developing phase five-the final phase of Polkadot.

Polkadot announces Kusama is 'finally ready to host parachains'

The rollout of the Polkadot protocol has been ongoing since August, when the project launched its Rococo testnet. Kusama, sister chain to Polkadot’s platform, is ready for the rollout of parachains on the network.Polkadot and Kusama creator Gavin Wood today said in a blog post that Polkadot was entering the fourth and final phase of its mainnet launch, which involves deploying parachains to the Kusama network.

Kusama (KSM) price hits new highs as parachain auctions begin to take shape

KSM rallied to a new all-time high as investors rushed into new positions in order to participate in the hype surrounding the upcoming parachain auctions. Major protocol upgrades are one of the most potent sources of price movement for cryptocurrency projects as community members and investors get excited about new features and traders rush in to “buy the rumor and sell the news”. One protocol that has seen its price rise to new rights this week despite the overall bearish conditions affecting the market is Kusama (KSM), an experimental blockchain platform and a sister chain to the Polkadot’s platform.

Polkadot Adds Parachain Auctions and Crowdloans to Kusama and Westend

Polkadot has added parachain auctions and crowdloans to Kusama and Westend - two much-awaited features.

The Missing Link: How Chainlink’s Pallet Aims to Deliver Greater Informational Access

As demand for smart contracts climbs, Chainlink’s modular oracle for the Substrate framework aims to power developers and defi applications with trusted off-chain information and pricing data needed to attract projects to Polkadot and Kusama.

Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem

The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains.

Tether Expands to Polkadot as USDT Market Cap Hits $43 Billion

The Tether stablecoin is coming to the Polkadot network and its cousin network Kusama.

Tether (USDT) to Launch on Polkadot and Kusama

Tether (USDT) will become the first-ever stablecoin to launch on top of the multichain blockchain networks - Polkadot and Kusama.

Tether’s stablecoin set to land on Polkadot and Kusama

The launch of parachain shards on Polkadot will also mean the release of Tether on the network. Polkadot and Kusama users will benefit from a direct integration with Tether’s USDT when common good parachains launch.

Chainlink releases native Substrate module to bring its oracles to Polkadot

Polkadot parachains can now choose to add Chainlink price feeds to their runtime. Polkadot and Chainlink have announced the release of Chainlink’s Price Feeds as a module, or “pallet” in Polkadot terminology, for the Substrate blockchain framework. The release means that any project building on the Substrate framework — which includes Polkadot and Kusama parachains, as well as independent blockchains — can integrate Chainlink oracles through a simplified library. The announcement comes as the latest result of a long-standing collaboration between Chainlink and Polkadot, now offering a tangible product that can enable a number of DeFi-centric use cases on Polkadot. The integration as a Substrate pallet means that it is up to each individual parachain to integrate and enable Chainlink oracles.

Moonbeam’s PureStake raises $6M ahead of parachain launch on Polkadot

The company building Moonbeam is focusing on integration work and a renewed marketing push. PureStake, the company behind the Moonbeam and Moonriver networks, two parachain candidates for Polkadot and Kusama, respectively, announced a successful $6 million raise. The funding round was led by CoinFund and included participants such as Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital, IOSG Ventures.

Crypto.com coin, Tron, Kusama Price Analysis: 28 March

Crypto.com coin could move deeper into red territory if it fails to hold on to $0.2 support.

Top 5 cryptocurrencies to watch this week: BTC, KLAY, VET, SOL, KSM

Bitcoin appears to be preparing for a move toward $60,000, while KLAY, VET, SOL and KSM are attempting to find bullish momentum. In trading, selling a position is as important as buying it at the right time.

First Brick & Mortar NFT Art Exhibition Debuts In Beijing

In an industry first, a physical exhibition for digital art in the form of non-fungible tokens (NFT) is set to launch in China, showcasing notable works from leading artists in the NFT space and the winning entries from a global digital artwork competition.

Zeitgeist Brings a Prediction Markets Ecosystem to Polkadot’s Kusama

To capitalize on the growing popularity of blockchain trends like decentralized finance (defi), Zeitgeist will be rolling out a new native prediction platform for Polkadot to expand the scope of opportunities available for retail crypto investors.

Zeitgeist closes $1.5M seed round to build prediction markets on Kusama and Polkadot

Zeitgeist, the company developing a prediction market platform launching exclusively on the Kusama network, announced the completion of a $1.5M seed round.

Zeitgeist Closes $1.5M Seed Round to Build Prediction Markets on Kusama and Polkadot

[Press Release – Berlin, Germany, 25th March, 2021, // ChainWire // ] Zeitgeist, the company developing a prediction market platform launching exclusively on the Kusama network, announced the completion of a $1.5M seed round.

Bison Trails' new Polkadot API promises faster access to data

The Polkadot Indexer is said to provide a more efficient way to get data from the Polkadot blockchain and its experimental platform, Kusama.

Polkadot Lays Out Its Plans for Parachain Rollout as the Token’s Price Climbs

The price of Polkadot’s native token hit an all-time high (ATH) this week, soaring above $30, as the company laid out the next steps of its plans and the systems to finalize the network launch.

Zcash (ZEC), Kusama (KSM) and Hedget (HGET) soar as Bitcoin hits $40K

Zcash, Kusama and Hedget are a few of the projects seeing their token values increase due to the unique set of issues they address. The sharp correction in Bitcoin (BTC) may have shaken out many leveraged traders, but the data shows whales and institutions aggressively purchased the dip and now bulls have shown they are determined to push Bitcoin price back above $40,000.

Bitcoin bull market pulls Kusama (KSM), Decred (DCR) and Qtum price higher

Improving fundamentals and fresh product rollouts are attracting new investors to Kusama, Decred and Qtum. Since breaking through the critical psychological resistance at $20,000, Bitcoin (BTC) price has moved even higher.

Polkadot launches DeFi alliance with Chainlink and will let 1000 nodes bloom

Polkadot is making moves to expand its ecosystem, announcing a new DeFi Alliance alongside a new support program for validators. Polkadot has become the latest Ethereum competitor to launch a decentralized finance alliance. Announced on Dec.