Celo
Celo's Strategic Move to Ethereum Layer 2: What It Means for the Blockchain Ecosystem
Celo's transition to Ethereum Layer 2 aims to enhance scalability and interoperability, aligning with Ethereum's ecosystem while preserving Celo's core features. Find out what this means for the blockchain landscape.
Celo Foundation: cLabs Introduces Dango, a New Layer-2 Testnet for Celo
cLabs unveils Dango, a Layer-2 testnet for Celo, enhancing blockchain performance and scalability with Optimism’s OP Stack.
Eigen Foundation Grants First Strategic Funds to Celo Foundation for Layer-2 Integration
Eigen Foundation grants its first strategic funds to Celo Foundation, enhancing Celo's Layer-2 with EigenDA's data availability.
Celo Foundation Promotes Eric Nakagawa to Executive Director Amid Leadership Expansion
Celo Foundation elevates Eric Nakagawa to Executive Director and Isha Varshney to Head of Ecosystem, enhancing its leadership team amid an Ethereum Layer-2 migration.
Binance Integrates USD Coin (USDC) on CELO Network
Binance, one of the leading cryptocurrency exchanges, has successfully completed the integration of USD Coin (USDC) on the CELO network. As a result, users can now deposit and withdraw USDC on Binance's platform.
Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access
Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.
Polygon Labs Proposes Celo's Transition to Ethereum L2 Using Their Chain Development Kit
Polygon Labs has proposed a technical upgrade for Celo, transitioning from an independent EVM-compatible L1 to an Ethereum L2. The proposal uses the Polygon Chain Development Kit (CDK), an open-source toolset that allows developers to create a ZK-powered L2 for Ethereum. Key benefits include enhanced collaboration, an EVM-equivalent environment, security, low fees, a unified L2 ecosystem, customization, fast transactions, and high standards of support. The proposal aims to achieve optimal technical upgrades for the blockchain community.
$8.4m Exploit Breached from DeFi Lending Protocol Moola Markets
Another exploit hits the crypto industry with roughly $8.4 million stolen from Moola Markets. The platform has advised users not to trade mtokens during the investigation of hacking.
Celo Launches Web3 Africa Fund to Support Blockchain Startups
Celo, a mobile phone-focused blockchain platform, launched the Celo Web3 Africa Fund with the goal of supporting 250 projects in the development of African projects.
Kickstarter's New Company Will Run on Blockchain Tech by 2022
Crowdfunding platform Kickstarter plans to unveil a standalone company to build a crowdfunding system based on blockchain technology.