Blockchain
Polkadex Closes In on a Polkadot Parachain Slot
Tortola, British Virgin Islands–(Newsfile Corp. – April 29, 2022) – As the Polkadot parachain auctions enter Auction #16, Polkadex is closer than ever before to securing a parachain spot once and for all. Auction #16, starting today (April 29) and lasting for one week (May 6), will pit the Polkadex Crowdloan against late newcomer, Bifrost Finance. Within that time, the project that spends the most time leading with the highest amount of DOT loaned will get the highest chance to win the auction on May 6th.
Polkadex Parachain
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8506/122151_a0ede990f4189a17_001full.jpg
With over 1,203 and a total of over 304 126 DOT contributed (at the time of writing), the Polkadex Crowdloan has garnered widespread support and has proven to be a crowd favorite. Partnerships with fellow Polkadot DeFi platforms like Parallel Finance and Equilibrium and centralized exchanges like KuCoin and Kraken have also made it easier for more people to contribute to the Polkadex Crowdloan. In fact, 47% of contributions have been made via Parallel Finance, while 6.5%, 4.5%, and 3.9% have been made via Kraken, Equilibrium, and KuCoin respectively.
“Securing a parachain slot will go a long way towards fulfilling Polkadex’s mission of becoming the trading engine of the whole DeFi and Web 3,” said Gautham J, Polkadex’s CEO and Co-founder.
For Polkadex, securing a slot to the Polkadot network ensures Polkadex Orderbook and other Polkadex products are able to support Polkadot-based tokens from across parachains. In other words, Polkadot ecosystem tokens will soon be available on the first ever cross-chain, non-custodial, orderbook-based exchange featuring high frequency trading.
“We’re incredibly honored by the support for Polkadex and the Polkadex Crowdloan. We could not be more excited for Polkadex to support liquidity and assets from across the Polkadot ecosystem and its other parachains,” said Polkadex COO and Co-Founder Deepansh Singh. “For that to happen smoothly, we need to win a parachain slot in one of the upcoming auctions.”
With Auction #16 starting this Friday April 29th, the Polkadex team is aiming to take back the lead going into the auction and decisively secure its parachain slot.
For more information and to access contribution channels please visit Polkadex Crowdloan website.
About Polkadex
Polkadex is a fully decentralized peer-to-peer orderbook-based cryptocurrency exchange for the DeFi ecosystem built on Substrate. The main idea behind Polkadex is to create a platform that combines the benefits of centralized and decentralized exchanges into one cutting-edge solution. Polkadex caters to all crypto traders.
Contact:
Dagmara
[email protected]
Twitter: @DagaCMO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122151
Blockchain
Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships
Blockchain
This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash. - BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems. - Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
“I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands. - Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
- Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
- Finaya Unveils Nationwide Homeownership Platform
From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient. - GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.
Helping Journalists Stay Up to Date on Industry News
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:
- Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
- Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
- Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
- Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.
The post This Week in Finance News: 11 Stories You Need to See appeared first on .
Blockchain
Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR
-
Blockchain Press Releases4 days ago
Notabene Raises $14.5M in Series B Funding Led by DRW VC to Drive the Future of Stablecoins and Payments
-
Blockchain5 days ago
The First Cold Wallet for Miners: EMCD & Tangem Launching Limited Edition Wallets
-
Blockchain Press Releases5 days ago
Moby, Engages GSR to Enhance Liquidity and OTC Trading for Moby Token
-
Blockchain6 days ago
Bybit Web3 and Aptos Kick Off APT Ecosystem Airdrop
-
Blockchain Press Releases5 days ago
Bitget Lists peaq (PEAQ) on Launchpool with 12,125,000 Tokens in Rewards
-
Blockchain Press Releases5 days ago
QCP Trading Receives In-Principle Approval for Major Payment Institution License in Singapore
-
Blockchain Press Releases3 days ago
Bybit WSOT 2024 Shatters Records with $100 Billion in Trading Volume, Redefining Crypto Trading Competition
-
Blockchain5 days ago
WAGMI Announces First Speakers and Featured Partners for the Biggest Blockchain Event in America