Latest Updates and Innovations in Polkadot Ecosystem

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by Giorgi Kostiuk

2 years ago

Made with AI

  1. Kampela Became the First Hardware Wallet Backed by a DAO
  2. The Tie Rolls Out Polkadot Ecosystem Dashboard
  3. Dune Expands to Include Over 50 Parachains in Polkadot


    4. This week, the Polkadot ecosystem has seen new projects and funding. Let’s explore the innovations and updates.

    Kampela Became the First Hardware Wallet Backed by a DAO

    Kampela is one of the first hardware projects backed by a DAO in Polkadot. The company secured approximately $1 million through Polkadot’s community-driven mechanism. This demonstrates how DAOs can use new strategies to develop blockchain projects, offering crypto users a safe and convenient option.

    #Kampela, a hardware startup, secured $1M in funding through #Polkadot #DAODAOscope

    The Tie Rolls Out Polkadot Ecosystem Dashboard

    The Tie, a leading digital asset analytics provider, has introduced the new Polkadot Dashboard on its platform, The Tie Terminal. The dashboard offers insights into Polkadot’s performance and activities across all parachains, providing key metrics to investors for informed decision-making.

    Dune Expands to Include Over 50 Parachains in Polkadot

    Dune continues to be the largest information collector for Polkadot’s parachains. The platform has integrated over 50 chains into its system, allowing for the monitoring of DeFi activities, web3 gaming, and NFTs within the Polkadot network.

    The Polkadot ecosystem is rapidly evolving in various areas, from new hardware to educating developers about blockchain technology. Projects like Kampela, Hyperbridge, and EasyA are cementing Polkadot’s position as a leading blockchain network in the DeFi sector.

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Other news

SpaceX Drops AMD in Favor of Nvidia for AI Projects

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SpaceX announced it will exclusively use Nvidia chips for AI projects, dropping AMD, during a quarterly earnings call on August 4, 2023.

user avatarDavid Robinson

Trump Asserts US Dominance Over Strait of Hormuz Amid Tensions

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US President Donald Trump claims total US control over the Strait of Hormuz amid tensions with Iran, despite a significant drop in maritime traffic.

user avatarAndrew Smith

Crypto Market Faces Layoffs and Shifts in Investment Trends

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The crypto market is currently facing significant layoffs, with firms like Coinbase and FalconX reducing their workforce. Retail investors are increasingly shifting their focus from cryptocurrencies to sports betting platforms and AI stocks.

user avatarZainab Kamara

Bitwise Asset Management Reduces Staff Amid Market Adjustments

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Bitwise Asset Management has reduced its staff by approximately 14 employees, bringing its total workforce to about 155, while maintaining that it is still the largest in the company's history.

user avatarJacob Williams

Arthur Hayes Outlines Yenquake Macro Thesis Impacting Bitcoin

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Arthur Hayes proposes a macro thesis called 'Yenquake', suggesting that supporting the Japanese yen could inject dollar liquidity into global markets, potentially benefiting Bitcoin.

user avatarSon Min-ho

Jupiter Introduces Smart Debt Feature to Boost DeFi Efficiency

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Jupiter has launched a new feature called Smart Debt through its Jupiter Lend platform, allowing users to deploy borrowed assets into DEX liquidity pools to earn trading fees.

user avatarAyman Ben Youssef

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