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Finance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Acala was victorious in Polkadot’s first parachain auction, Iota announced its staking network, and Uniswap liquidity providers lose money — all coming to you in this week’s Finance Redefined.

Continue ReadingFinance Redefined: Acala wins Polkadot parachain, and Iota set to launch Shimmer, Nov. 12–19

Acala Wins Polkadot’s First Parachain Auction With $1.3 Billion Secured

Acala, an Ethereum-compatible DeFi protocol for scaling DApps, has secured the first slot on the much anticipated Polkadot’s parachain auctions.  Acala, a decentralized Layer-1 smart contract platform, recently won the…

Continue ReadingAcala Wins Polkadot’s First Parachain Auction With $1.3 Billion Secured

Moonriver Surpasses 8 Million Transactions as Polkadot Parachain Auction Progresses

Moonriver, a canary-test network for the Moonbeam protocol, reached a milestone this week by hitting eight million transactions on its network, becoming the leading parachain in Kusama. The platform announced…

Continue ReadingMoonriver Surpasses 8 Million Transactions as Polkadot Parachain Auction Progresses