Polkadot (DOT) and Kusama (KSM) skyrocket in price after attracting $30M in f...
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. In a press release published Wednesday, the firm said that its fund would "support and finance the Parachain bids" of tier-1 blockchain projects that want to....
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What do Kusama, Polkadot and your spare cryptoasset holdings have in common? Parachain Slot Auctions, that’s what. Kusama and Polkadot which are built on the same architecture, one designed for wild testing of new codes and projects, the other more targeted at enterprise and businesses, both give developers and teams the chance to be part […]
Kusama and Polkadot are jointly two of the most successful Blockchain partnerships, judging by the effort both teams have put to drive a massive adoption for the Blockchain. Following the success of the first Parachain auction, Polkadot will commence the next phase of the Parachain auction on Kusama. The auction, which is open to all […]
Polkadot is inching closer to primetime following the commencement of parachain auctions on Kusama. Kusama is the sister network of Polkadot, serving as a testbed where much of the innovation is unfolding. Similarly, Moonbeam has its own sister that serves as its own Kusama analog: Moonriver. This week, sister network Moonriver completed the first part […]
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. Source: PolkassemblyAs previously reported by Cointelegraph, Polkadot and Kusama co-founder Gavin Wood had published a tentative schedule for the....
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. In the early trading hours, the top-ranked digital asset pushed as high as $23,800 before pulling back to $23,000 but the trend of investors purchasing each dip appears to still be in play.Crypto market data daily view. Source: Coin360Although Bitcoin is clearly in a bull phase, many investors are wary to buy at the current levels due to fears of a sharp reversal taking....