Tag: Crowdloan

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Exec at Composable Finance allegedly doxed as convicted fraudster Omar Zaki

Omar Zaki was convicted of fraud by the SEC three years prior and is allegedly behind two other crypto projects which suffered devastating hacks. Late Friday afternoon, decentralized finance, or DeFi, investigator @zachxbt published a series of tweets accusing fraudster Omar Zaki of hiding behind the facade of 0xbrainjar, the anonymous head of product at…
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Acala wins first Polkadot parachain auction with over 32M DOT staked

The upcoming Polkadot DeFi hub raised nearly $1.3 billion from approximately 25,000 contributors in its token ICO. 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…
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