On February 9, cryptocurrency exchange Kraken — the second largest U.S. cryptocurrency exchange after Coinbase, with a daily trading volume of about $700 million — settled with the SEC after being charged with offering unregistered securities. The exchange paid a $30 million fine and agreed to stop offering staking services…

At present, Bridge is the most used by the crypto community in the heterogeneous cross-chain scenario, and the biggest application may be the asset cross-chain bridge, which is to transfer the assets on one chain to another chain, and then you can participate in more Defi DApps. In Polkadot, the…

The initial version of Open Gov, Polkadot’s second-generation governance system, is now live on the Kusama network. This article is a report on PolkaWorld’s experience with Open Gov and will cover the following. Changes to Open Gov relative to the first version of the governance system Parameters of each…

More than three months have passed since the aUSD incident on August 14, and shortly before, Acala provide an explanation on how and why the incident occurs in a live community broadcast. During this time, the Acala team has taken various measures to recover the platform. PolkaWorld spoke with Acala…

Last week , in our last article, We introduced the drawbacks of centralized social media, the vision of decentralized social media, and 3 decentralized social-related projects in the Dotsama ecosystem — Project Liberty, Subsocial, and Sumi. In this issue, we will continue to take a look at five decentralized social…

Elon Musk finally completed his acquisition of Twitter recently and tweeted about his intention to set the “bird” free. In a chat with former Twitter CEO Jack Dorsey, Musk made clear his intention to use blockchain technology for Twitter. All of this seems to suggest that Twitter, a social media…

Kusama referendum 244 has already passed community vote and been executed! This referendum upgrades Kusama runtime to v9320, which includes OpenGov on Kusama: a first step to more decentralized, efficient, and dynamic governance on the network. What is OpenGov？ OpenGov is a V2 update of Polkadot’s first governance system, designed to solve the…

There are quite a few parachains in Polkadot ecosysterm that had the experience of building on Ethereum and then moved to Polkadot , or deployed on multi-chains . This article summarizes 5 parachains, Efinity, Centrifuge, Nodle, Equilibrium, and Aventus, and their reasons for moving to the Polkadot ecology. Efinity Built on…

PolkaWorld hosted the August online Polkadot community gathering, inviting 9 Builders of the Polkadot ecosystem to meet with the community and they had a very high quality discussion and reflection on hot topics of concern to the community! Marvin @Phala Network： In the Crypto and Web3 worlds, there will be…