Celo blockchain proposes return to Ethereum ecosystem, transition to L2
According to cLabs, the Celo transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain. Go to Source Powered by WPeMatico
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Celo president Rene Reinsberg explains why the protocol is optimizing for mobile
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. Go to Source Powered by WPeMatico
Soulbound tokens power new identity solution on Celo blockchain
Masa Finance announced its deployment on the Celo blockchain with its new “Prosperity Passport” identity solution for users. Go to Source Powered by WPeMatico
Celo ecosystem projects raise $77.3M in support of interoperability, ReFi
The Celo blockchain supports mobile-first DeFi payment infrastructure. Several companies building on the platform have received venture funding. Go to Source Powered by WPeMatico
Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s) it was willing to negotiate a “bounty payment in exchange for … Read more
Moola Market attacker returns most of $9M looted for $500K bounty
The attacker has scored about a half-million dollar “bug bounty” after choosing to return a majority of the cryptocurrency they exploited from the Celo-based lending protocol. Go to Source Powered by WPeMatico
Biggest Movers: CELO, LUNA Higher, ZIL Moves Over 15% Lower
Despite the global cryptocurrency market cap mainly consolidating on Tuesday, LUNA and CELO were some of the session’s biggest gainers. ZIL, on the other hand, continued to fall following recent highs, trading over 15% lower during today’s session. CELO ZIL fell for a fourth straight session on Tuesday, as prices continue to slip away from … Read more
Celo foundation proposes to deploy Uniswap V3 on its native blockchain
Celo aims to promote green use cases and rebalance its treasury with green asset-backed tokens with the help of Uniswap. Go to Source Powered by WPeMatico
Despite the Crypto Market Dip, Weekly Gains Show OSMO, ATOM, FTM, and a Slew of Other Assets Shined
On January 5, digital currency markets shed a great deal of value as bitcoin dropped below the $44K handle during the late afternoon (EST) trading sessions on Wednesday. Nearly every coin has shed 24-hour value, but a slew of crypto assets have seen double-digit gains and have managed to stave off the crypto economy downturn. … Read more
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days. 18 Crypto Assets See Values Increase … Read more