Tag: Parachain
What Happened to Polkadot Parachain on Acala Network: $1.2 Billion Loss
Acala Network, one of Polkadot’s (DOT) DeFi (Decentralized Finance) ecosystem, was the victim of a $1.2 billion hack due to a bug in its liquidity pool. The cryptocurrency ecosystem struggled…
While Polkadot’s Parachain Auctions Catalyze Price, Continuing to Lead the Web3!
polkadot Network creator Gavin Wood believes the altcoin allows people to interact without needing to trust each other. As a pioneer in the decentralized Web3 ecosystem, Polkadot’s parachain auctions are…
Polkadot (DOT) Announces Parachain Prime Network $100M Incentive and Support Program
Polkadot (DOT) parachain Astar Network has announced the “Astar Boost Program,” a $100 million fund that will provide support and incentives for smart contract developers. Primer Networkofficial medium via account…
A Total of $2.75 Billion Raised in Completed Polkadot Parachain Auctions
The first five of the Polkadot Parachain auctions have been completed, with a total of 113,373,579 Dots (approximately $2.75 billion) raised at the auctions. First round of Polkadot parachain auctions,…
This Altcoin Wins Polkadot Parachain Auction: It Launches!
Clover Network is the 5th winner at the parachain auction at Polkadot. As reported, Polkadot has announced the schedule for the parachain auction, which has been running since November and…
First Polkadot’s Parachain Sale Officially Completed, Winner Announced!
The first of the long-awaited parachain sales of Polkadot, one of Ethereum’s biggest competitors, has been completed. Acala, the DeFi protocol compatible with the Ethereum network, was the first project…