CELO Token Surges 15% on 160M Proposal
Celo proposes transferring 160 million CELO tokens to Opera, potentially making it a major stakeholder, leading to a 15% surge in CELO’s value. #Update #Crypto $CELO
Celo
Tether Partners with TRON to Fight Crime
Tether, @Tronfoundation, and @trmlabs collaborate to combat USDT crime on TRON amid rising concerns. Nearly 50% of Tether’s $118B USDT supply is on TRON. Partnership aims to enhance blockchain security and promote crypto education.
Celo Developer cLabs to Use OP Stack for Ethereum Layer 2
cLabs has announced that its Celo blockchain will integrate Optimism’s OP Stack for an Ethereum Layer 2 solution, aiming for a major performance boost with 2-second block times and a 50% increase in throughput.
USDT Launches on Celo: EVM Compatibility
Tether’s expansion to the Celo blockchain promises near-zero transaction fees ($0.001), enhancing microtransaction capabilities and financial inclusiveness, a significant step in its blockchain diversification efforts.
Celo Developers Propose Launching L2 Network with OP Stack Technology – Hodl.Press – digest
cLabs selects Optimism’s OP Stack for Celo’s Layer 2 solution, targeting a 50% network throughput increase and block processing time reduction from 5 to 2 seconds. This strategic move, after months of technology evaluation, aims for enhanced scalability and efficiency, with a test launch scheduled for summer 2024..