Blockchain identity platform Fractal ID suffers data breach
Fractal ID gave notice that an attacker had gained access to an operator’s account, leading to the leak of a small percentage of users’ personal data. Go to Source
Acala
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Acala community votes to burn 2.97 billion of erroneously minted aUSD stablecoin
3.022 billion aUSD were previously minted via a liquidity bridge glitch. Go to Source Powered by WPeMatico
Network and token freeze after Acala exploit raises questions
The Acala hack saw over a billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up. Go to Source Powered by WPeMatico
Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon, Anchorage, and Messari. Kraken Ventures Reveals $65 Million Fund I LP There’s been an enormous … Read more
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. Go to Source Powered by WPeMatico
Acala wins first Polkadot parachain auction with over 32M DOT staked
The upcoming Polkadot DeFi hub raised nearly $1.3 billion in its token ICO from approximately 25,000 contributors. Go to Source Powered by WPeMatico
DeFi protocol Acala raises $400M in crowdloans during first Polkadot parachain auction
Both parachains on Polkadot and DeFi functions on Acala are still undergoing heavy development. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Value-Driven Integrations to Overcome Traditional Digital Obstacles As excitement over Polkadot’s forthcoming launch heats up, more players … Read more
