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Coinbase Refutes Accusations of Not Boosting Ethereum Scalability After Declining To Support Celo Migration

Coinbase Refutes Accusations of Not Boosting Ethereum Scalability After Declining To Support Celo Migration

Digital asset exchange Coinbase is pushing back against accusations that it isn’t supporting Ethereum’s (ETH) scaling roadmap. The top US crypto exchange came under fire online after it announced last week that it wouldn’t support Celo’s (CELO) upcoming migration from a standalone layer-1 chain to an Ethereum layer-2. Multiple Celo executives blasted the decision, including […]

The post Coinbase Refutes Accusations of Not Boosting Ethereum Scalability After Declining To Support Celo Migration appeared first on The Daily Hodl.

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains

SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See GainsAccording 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 impressive gains, with spx6900 (SPX) stealing the spotlight by skyrocketing 193%. This Week’s Crypto Gainers […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Valora launches ‘Mobile Stack’ Web3 launchpad for iOS and Android

The peer-to-peer payments company aims to grow Web3 beyond its current crypto-native audience.

Peer-to-peer payments firm Valora recently launched “Mobile Stack,” a decentralized, permissionless, and open protocol launchpad for Web3 DApps on mobile devices. 

According to Valora, writing in a press release seen by Cointelegraph, “only 8 of the top 100 Web3 apps on DApp Radar have a mobile native experience.” The company hopes to change this by giving developers in the Web3 community a simple, intuitive platform for deploying user-friendly, mobile-first DApps.

Other fintech and crypto-related apps have found success with mobile users including Robinhood Crypto and Coinbase’s applications. However, the DeFI and Web3 communities at-large tend to operate in the desktop/laptop space. This could be due to the perceived difficulty disparity in developing for PC/Linux and creating mobile first applications.

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Celo integrates Chainlink’s CCIP interoperability protocol

The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.

On May 29, Ethereum layer-2 network Celo announced the integration of Chainlink’s CCIP protocol for cross-chain interoperability. 

Celo’s executive director, Eric Nakagawa, issued a statement following the deployment of CCIP on Celo: “Canonical cross-chain infrastructure can accelerate the long-term growth and adoption of the Celo ecosystem.” Nakagawa added, “As the only interoperability solution achieving level 5 cross-chain security, CCIP provides a great option for developers, founders, and the wider community to consider and adopt.”

Cross-chain interoperability continues to be a core focus of the blockchain industry as real-world asset tokenization is poised to become the next major frontier for growth.

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report

Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report

Stablecoin issuer Circle is reportedly looking to move its domicile to the US ahead of its planned upcoming initial public offering (IPO). According to a new report by Bloomberg, Circle, which issues the dollar-pegged crypto asset USDC, is planning on moving to the US from Ireland. An anonymous company spokesperson told Bloomberg that the court […]

The post Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report appeared first on The Daily Hodl.

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Celo Adds Tether’s USDT as Gas Currency

Celo Adds Tether’s USDT as Gas CurrencyCelo, 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 users, who only need to hold the USDT stablecoin in their wallets to move value using Celo’s network. Celo Passes Governance Proposal Enabling USDT as […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With Stablecoins

Celo Cements Its Stablecoin Allegiance: Transaction Fees Now Can Be Paid With StablecoinsCelo, 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 tokens. This also benefits newcomers, making it easier for them to make transactions. Celo Aims for Usability in […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting