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Bithumb set to launch DeFi platform as a Polkadot Parachain

Bithumb Global, the international spin-off of the Korean-based cryptocurrency exchange, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology.The company says that Clover will be an open platform for DeFi applications, leveraging cross-chain capabilities and connecting decentralized finance to the

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Polkadot reveals ‘initial parachain offerings’ to counter traditional IPOs

Much of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings. For example, in 2017, the blockchain space witnessed the rise of initial coin offerings, and while the ICO framework quickly attracted

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