NEW YORK — A slapdash alliance of crypto fans just bought the U.S. Constitution.The group known as ConstitutionDAO placed the winning $41 million bid at Sotheby’s auction house Thursday for a first printing of the Constitution, one of only 13 left in existence. The final price will be higher, a Sotheby’s representative told CoinDesk.Sotheby’s refused to reveal the name of the … [Read more...] about ConstitutionDAO Wins First Printing of America’s Founding Document at Auction
Wins
Acala wins first Polkadot parachain auction with over 32M DOT staked
On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction. Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors via an initial coin offering (ICO) structured as a crowdloan. As the proceeds are classified as 'crypto debt,' … [Read more...] about Acala wins first Polkadot parachain auction with over 32M DOT staked
Acala Wins Neck-and-Neck Race With Moonbeam
When contributions to the auction ended, Thursday at noon European time, Moonbeam had gathered the most from its community, over $1.36 billion. However, Acala was in the lead for 63% of the time, giving it the best chance of securing the slot, even though it only took in $1.30 billion. Source link … [Read more...] about Acala Wins Neck-and-Neck Race With Moonbeam
Composable wins 13th Kusama parachain slot for ‘Picasso’ network
Composable Finance has won the 13th parachain slot on Kusama, the ‘canary’ for the Polkadot blockchain. The team is developing a parachain on Polkadot (first being architected under the name ‘Picasso’ on Kusama, Polkadot’s Canary Network) that aims to underpin the entire ecosystem and provide enhanced access and utility to parachains.“You, the community have all shown your … [Read more...] about Composable wins 13th Kusama parachain slot for ‘Picasso’ network
Microsoft wins US patent for ‘ledger-independent token service’
American tech giant Microsoft has won a blockchain-related patent for techniques for implementing a cross-chain token management system.The United States Patent and Trademark Office (USPTO), the agency granted the patent to Microsoft’s subsidiary Microsoft Technology Licensing on Aug. 24.Filed in February 2019, the patent describes a “ledger-independent token service,” or a … [Read more...] about Microsoft wins US patent for ‘ledger-independent token service’