Mapping Ethereum’s DeFi eco-system projects on Polkadot
The crypto market cap is $1.52T, a 2.69% decrease over the last day.
Author: Priyeshu Garg
Polkadot has been rapidly growing from a niche blockchain project to one of the richest DeFi networks that have real potential to compete with Ethereum. While still in its infancy, the network already has a robust ecosystem of decentralized applications, all of which offer similar, and sometimes even more functionalities than their Ethereum counterparts.
We take a look at some of the upcoming Polkadot parachains and compare them to their Ethereum counterparts.
Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily.
🔥 Trending Sectors
👨🏻🌾 Yield Farming Coins
BlockDown is back for 2021!
Mark your calendars as BlockDown Conference returns for a 1 year anniversary special for its 4th iteration on April 15-16. BlockDown 4.0 will welcome a host of the most paramount personalities and experts from the crypto space, as the event celebrates the bull market of 2021 with keynotes, panels and topical discussion.
Organisers EAK Digital, a leading blockchain marketing agency, are excited to welcome Francis Xavier Suarez - Mayor of Miami, Akon - Founder of Akoin and Sergey Nazarov - Co-Founder of Chainlink to speak at BlockDown 4.0.
Attendees will experience new interactive and innovative ways to gain exclusive NFTs, join private backstage interactive sessions on the new social media platform, Clubhouse, and much, much more! Click below for your free BlockDown 4.0 ticket.
More news ⏬
Polkadot developer Parity Technologies to partner with UC Berkeley
Parity would work closely with Berkeley’s blockchain community on education and proficiency in blockchain and Substrate.
Bitcoin DeFi project Badger DAO diversifies its $21 million treasury
Badger DAO is one of the only Bitcoin-focussed DeFi products on the market and is expanding its ambitions.
U.K. tax authorities freeze capital gains tax signaling short term victory for crypto investors
United Kingdom crypto investors braced themselves for significant changes in the treatment of Capital Gains Tax (CGT).
‘Green’ Bitcoin miner Iris Energy doubles its fundraise ahead of IPO
A firm from Australia that uses renewable energy to mine Bitcoin (among other businesses) has raised two times the intended capital in a recent round.
Kings of Leon to release the first-ever music album as an NFT
The rock band enjoys worldwide fame and says NFTs are the future of how artists will interact with the public.
CertiK’s COO on the future of blockchain security and the normalisation of crypto-insurance
CryptoSlate recently had the opportunity to chat with Daryl Hok, COO and Executive Vice President of global cybersecurity startup CertiK which provides end-to-end security solutions for the blockchain industry.
Litecoin creator Charlie Lee says NFTs are like ICOs in 2017
The founder of the ‘digital silver’ drew parallels of the booming NFTs market to the infamous ICO market of late-2017.
Exploring Polkadot’s blockchain of blockchains
Polkadot is one of the most highly anticipated blockchain networks, forming a scalable ecosystem set to rival, or rather complement, the most established dApp platform, Ethereum.
Another billionaire moves into crypto, but New York regulators sound alarm
Separate instances this morning saw a billionaire embrace the crypto sector and a regulator move away from it.
Web3’s Dieter Fishbein on DeFi’s pain point and the birth of Kusama
Polkadot and Kusama turned out to be two of the biggest projects in 2020. Both are high-speed, highly secure blockchains that allow developers to issue their own projects and get funded by the network itself—a type of development that opened the doors to an entirely new technical area achievable with blockchain and crypto technology.
Control your wealth
Ad: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands.
🗞 Got a story tip? Email tips@cryptoslate.com
Crypto market data
For more pertinent market data, please see:
Connect with us
Disclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.