[Oct 7 2:47 PM] According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw…
[May 10 10:30 AM] The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
[Apr 22 7:00 AM] CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules.
[Apr 9 8:28 PM] Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for…
[Mar 28 7:34 PM] Celo, a low-fee, usability-focused blockchain network, has approved a proposal to allow transaction fees to be paid with stablecoins. Network users can now transact only by holding USDC in their wallets, abstracting the complexity of holding other…
[Mar 12 7:05 AM] Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on…
[Jan 30 8:11 AM] Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.
[Jan 25 4:57 PM] A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like "The Bachelorette," with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all…
[Dec 14, 2023 11:07 AM] Celo originally planned to build its Ethereum layer-2 network with Optimism's OP Stack. Then Polygon and Matter Labs pitched their stacks. Now, Arbitrum, the biggest layer-2, wants in on the bake-off.
[Nov 29, 2023 5:54 PM] With hot competition between layer-2 technology providers like Optimism, Polygon and Matter Labs, Celo's choice is being closely watched by the blockchain industry.
[Oct 10, 2023 5:01 PM] Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CoinDesk.
[Oct 4, 2023 11:41 AM] In this week’s issue of The Protocol, we highlight layoffs hitting key firms as well, and how blockchain projects are competing for new mandates – specifically big Ethereum layer-2 developers like OP Labs, Polygon and Matter Labs vying to provide…
[Sep 21, 2023 8:00 PM] Celo, a blockchain platform, is exploring migrating from its standalone blockchain to an Ethereum (ETH) Layer-2 (L2) network. Originally, Celo had planned to utilize Optimism’s OP Stack, a customizable toolkit similar to Polygon (MATIC) but…
[Sep 21, 2023 11:06 AM] Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic”…
[Jul 17, 2023 11:35 AM] The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.
[Jul 16, 2023 10:53 AM] According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain.
[Mar 2, 2023 12:15 PM] Celo president Rene Reinsberg believes Web3 adoption will require more block space and that Celo will be what the majority will choose on smaller screens.
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