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Celo(CELO)

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$1.1229
(4.29%)
0.00004696 BTC
Market Cap (Rank#95)
$512,750,297
21,441 BTC
Vol 24h
$9,997,153
418.044 BTC
Circulating Supply
456,611,349
Max Supply
1,000,000,000
8 days agocryptodaily
Coinbase Prime Brings Ethereum Staking To US Institutional Clients
Coinbase announced in a blog post published on Monday that Coinbase Prime was adding Ethereum to its growing list of staking options for US domestic institutional clients. This offering allows another avenue for financial institutions who wish to enter the crypto space but are unsure how to do it. Another Option For Institutions Coinbase’s new offering gives institutions that have been eying the crypto industry’s burgeoning growth another crypto on-ramp to enter the space. The option of staking and generating yield could interest larger firms looking to park their funds and accrue interest. Apart from Ethereum, Coinbase Prime will also be offering staking tokens for other blockchains such as Polkadot, Solana, Cosmos, Tezos, and Celo. Interested clients will be able to create a wallet, decide the amount they wish to stake, and initiate staking through their Coinbase asset page on their Coinbase Prime account. Coinbase will hold the withdrawal keys in the company’s cold storage custody vault, and staking transactions would be required to reach a consensus before execution. Much Ado About Staking Staking offers passive income on assets already held in custody by allowing them to provide valuable work in the form of security to the blockchain. Ethereum rewards stakers that act in the network’s best interest and punishes those that act against the network or fail to secure the network for any reason. This makes it essential to stake with a reputable staking partner that could help to minimize risk while maximizing rewards. Staking assets can be compared to earning compound interest. However, this is different from traditional markets when dividends are reinvested. Staking rewards are paid in the form of the token that users have staked, and users will be able to reinvest these tokens, earning a significantly higher payout. The staked tokens are also typically stored in their respective wallets allowing users to earn yield without rehypothecation. Ethereum’s Shift To Proof-of-Stake With the Ethereum blockchain transitioning to the Proof-of-Stake consensus algorithm, validators who have staked ETH will replace miners in running and securing the Ethereum network. As a result, staking will be playing a significant role in the blockchain’s future, and there could be a significant increase in rewards accrued through staking. Coinbase had predicted at the beginning of the year that it expects ETH staking rewards to hit 12% APR once the merge had been completed. At the time of writing, data from StakingRewards shows that yields on staking pools had an average reward of 4.08%. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
8 days agocointelegraph
Nifty News: Dr Disrespect unveils NFT game to mixed reaction, FC Barcelona's first NFT sells for $700K and more…
Shib Eternity unveiled as the name of Shiba Inu’s upcoming mobile NFT game, and Funko will launch sets of NFT packs depicting Avatar character collectibles.
8 days agocoindesk
Compañía dueña de Socios.com invierte $100M en el desarrollo Web3 del FC Barcelona
Chiliz ha adquirido una participación de 24,5% en Barca Studios, el área de contenido digital del gigante del fútbol.
9 days agocoindesk
Socios Owner Invests $100M in FC Barcelona's Web3 Efforts
The owner of soccer fan rewards platform Socios.com has invested $100 million in FC Barcelona's efforts in non-fungible tokens (NFTs) and metaverse projects.
13 days agocryptodaily
Chiliz (CHZ) and Chronoly (CRNO) have 50x potential - Here is all you need to know
The cryptocurrency market has struggled over the last year to provide investors with good returns. Despite the recent bear market there are still opportunities to make big gains in the right projects with Chronoly.io (CRNO) and Chilliz (CHZ) being two that offer promise. Chilliz is a platform for sports and entertainment fan tokens, while Chronoly provides asset-backed investing in luxury watches. Both projects operate in a niche area of the crypto investing market and we discuss how they can provide 50x returns in the years ahead. Chilliz (CHZ) Moves to NFT Memoribilia Chilliz (CHZ) is the native token of the Socios ecosystem where fans can interact with their favourite sports teams and other entertainers. Chilliz is now rolling out another feature in the form of sports moments and memorabilia NFTs. A recent soccer match between AC Milan and AS Roma allowed fans to purchase special commemorative NFTs in the form of video highlights through the ACM fan token. Chilliz has also been added to the Bitpanda exchange with access to 3.5 million traders on the platform. Chiliz confirmed the listings of some of its soccer fan tokens via Twitter. Some of the listed tokens are CITY, BAR, ATM, PSG, and JUV. These tokens are minted on the Chilliz network and are the official fan tokens of the likes of Barcelona and Paris St Germain. The addition of NFTs will open up a new revenue stream that can be rolled out across each fan token for every match and that could be big business. Chilliz has since expanded from soccer to include entertainment names such as the UFC fighting tournaments. The CHZ token can increase strongly as the ecosystem grows and users seek access to the fan engagement platforms. Chronoly.io Brings Asset-Backed Digital Investing The Chronoly.io project is also operating in a niche area by providing a marketplace for investment in NFTs that are backed by luxury watches. This will provide a bridge between old and new investment worlds for investors who like to diversify their portfolio into digital assets that are backed by real-world items. These NFTs will be broken into fractions allowing investors to buy the assets for as low as $10. Chronoly.io provides a modern and intuitive blockchain marketplace that allows investors to set stop and limit orders so they can wait patiently for the right price. There is also historical and real-time price data so that investors can make better decisions on the luxury watch market. Investors have recently shunned cryptocurrency for safe investments but the Chronoly (CRNO) project brings that opportunity into the digital age. NFTs are a core feature once more as the watches are held in safe storage and fully insured. In the Chronoly.io roadmap, the project has earmarked a move into the metaverse in the future with its own Chronoverse offering. That could involve partnerships with luxury watch brands and analysts see the potential for big gains once the project is well-known. The marketplace’s native token, Chronoly (CRNO), currently trades at $0.066 after starting at $0.01 in the presale and investors should look to get involved during phase 2 before it’s too late. Experts expect the price to rise over 4000% once the token releases officially. For more information about Chronoly.io Presale: Website: https://chronoly.io/ Presale: https://presale.chronoly.io/register Telegram: https://t.me/Chronolyio Twitter: https://twitter.com/Chronolyio Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
14 days agozycrypto
FC Barcelona Completes Historic Fan Clubs Elections Through Web3 Voting
About 1,160 fan clubs of the FC Barcelona have completed electing 30 representatives to the FCB Advisory Council, which is Barcelona’s governing council. The election was significant for blockchain and web3 techs as it took place on a decentralized blockchain-based web3 digital voting platform, with Barcelona becoming the first-ever club to do so. The move […]
15 days agocryptopotato
MyTopSportsbooks Journalist Investigates Profitability of Move-to-Earn Sneakers
[PRESS RELEASE – Barcelona, Spain, 26th July 2022] A journalist has spent a month tracking his movements via a popular move-to-earn app to answer the question “Can you make money walking with NFTs?”. Ashton Miller, a journalist with MyTopSportsbooks, spent a month walking in non-fungible sneakers. The virtual shoes, represented in move-to-earn (M2E) app STEPN, […]
17 days agocryptodaily
Best Investment Opportunities 2022: Bitcoin Cash (BCH), Chiliz (CHZ) and Degrain (DGRN)
Despite the recent market downturn, retail and institutional investors alike are always on the hunt for potentially lucrative ventures to help them achieve their long-term financial goals. Three cryptocurrencies fit this category in July 2022: Bitcoin Cash (BCH), Chiliz (CHZ), and exciting newcomer Degrain (DGRN). Here’s how. Bitcoin Cash (BCH) could a recovery be in sight? Bitcoin Cash is one of the most established digital currencies trading on every crypto exchange. Its passionate community and status as one of the OG Bitcoin forks bode well for its recovery before 2022 ends. Despite a poor showing in June (and a bit of drama involving its CEO Roger Ver), BCH has recorded a 14.5% gain in the past two weeks as of this writing, and its uptrend has crypto analysts predicting a bullish trend likely continuing for the Bitcoin fork to recover its lost gains. Experts tip BCH to do a strong finish to close out 2022. Buy the dip. Chiliz (CHZ) investors begin to pile into Degrain presale Malta-based fintech company Chiliz (CHZ) is expanding its decentralized digital currency for sports by partnering with some of the biggest football clubs in the world, such as English champions Manchester City, Spanish giants Barcelona, and perennial French champions Paris-Saint-Germain. Through its Chilliz (CHZ) token, users can interact with their favorite teams and win prizes through the company’s Socios fan platform. Chiliz has since gone beyond football teams by collaborating with MMA promotion UFC to launch the brand’s fan token, which will benefit the Maltese company’s long-term success. Chilliz (CHZ) hit an ATH of $0.87 last March 2021 and is currently trading at the $0.10 level. With all its recent developments, experts predict a recovery to the $0.30-0.40 level in the next bull run. Chilliz (CHZ) is definitely on many investors’ watchlists. Degrain (DGRN) Is one of the most talked about cryptos One of the best investment opportunities in 2022 is Degrain ($DGRN). Degrain is building the first actual cross-chain NFT marketplace enabling users to trade and transact across various blockchains, as opposed to its competitors OpenSea and LooksRare, which only allow transactions on the Ethereum blockchain. Degrain is bucking the bear market by already having done a 300% price increase three weeks since its ongoing presale launched last July 7 with a token price of $0.01. As of this writing, its native token, DGRN, is now at $0.04, much to the delight of its early investors, who already tripled their initial investment in just two weeks. Presale phase one sold out weeks early and it looks like the same will happen for Phase Two. And it’s not too late to get in, either – DGRN is expected to do a 6,000% rise once all is said and done and its presale ends on September 30, 2022. With a certified and audited smart contract, liquidity locked for ten years, and no VC participation during its presale, it’s no wonder why Degrain is one of the most highly anticipated token presales of 2022. Here’s how to get into the ground floor of one of the year's most promising projects that wins our award for top investment in 2022. Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
24 days agocryptodaily
Crypto Weekly Roundup: The Merge Scheduled, Celsius Repays Aave, 3AC Founder Reappears, GameStop NFT Flourishes, And More
Despite repaying its MakerDAO loan earlier this month and repaying the Aave protocol earlier this week, crypto lending company Celsius was forced to declare bankruptcy under Chapter 11, which would allow for a restructuring of the company. Let’s dig deep into this story and many other noteworthy events that took place in crypto this week. Bitcoin JPMorgan Chase analysts have estimated that Bitcoin’s production cost has dropped by around $7000 over the past month. A United Nations article that referred to world hunger as having “great positive value” and that “no one works harder than hungry people” was taken down from the website amid huge controversy. Ethereum Ethereum developers gave a long-awaited update on the Ethereum Merge, stating that the tentative date for the update has been set for September. In a recent interview, MicroStrategy CEO Michael Saylor spoke at length about Ethereum and stated why he believed it was a security, not a commodity. DeFi MetaMask's co-founders, Aaron Davis and Dan Finlay, recently made statements criticizing Celsius and Voyager. Open DeFi Notification Protocol has introduced mobile alerts to keep tabs on borrowing positions to prevent liquidation. The crypto lending firm Celsius has confirmed that it has paid up 400,000 stETH (Lido Staked ETH) to DeFi lending protocol Aave. Altcoins For the first time since its mainnet launch in April 2020, the Celo blockchain suffered on-and-off network outages across a 24-hour period. Polygon has announced that it has been selected to participate in Disney’s upcoming accelerator program. The Terra blockchain is experiencing a mass exodus post its collapse, as projects have been leaving the network for Polygon. Technology A three-way partnership between professional skater Tony Hawk, The Sandbox, and Autograph will be building a virtual skatepark for the metaverse. Entertainment and lifestyle brand Playboy has partnered with The Sandbox to build a virtual mansion in the metaverse. Business The payments management firm Circle has released a detailed reserve report, revealing that its USDC stablecoin is backed only by cash and short-term treasury bonds. Crypto yield platform Celsius has finally filed for Chapter 11 bankruptcy, which gives it time to stabilize the business. After laying low for about a month, the co-founder of the defunct crypto hedge fund Three Arrows Capital (3AC), Zhu Su, has reappeared on Twitter to accuse the liquidators of baiting the firm. Brazil’s largest payments app, PicPay, has announced that it will soon launch crypto payment services to its 65 million-strong customer base. Regulation A former deputy in the French National Assembly over the last five years, Pierre Person, has stated that people are interested in cryptos and that “politics can no longer miss out.” The U.S. Commodity Futures Trading Commission has added 34 crypto and forex entities to its Registration Deficient List (RED List) because they have not been registered with the agency. The European Central Bank (ECB) has published a report stating that the crypto economy is growing fast and could get to the point where crypto-assets risk financial stability. Crypto exchange Binance has secured registration by the Bank of Spain to offer cryptocurrency trading and custody services via its Moon Tech subsidiary. Hong Kong lawmakers have introduced new legislation tailored to regulate the cryptocurrency space and aim to implement a new licensing regime for crypto service providers. NFT Within just a couple of days of its launch, the GameStop NFT marketplace has done almost as much business as the Coinbase marketplace in its entire lifetime. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocryptodaily
Celo Network Plagued With Outages
Celo has been struggling with on-and-off network outages that lasted over a 24-hour span. Outage Halts Block Production For 9 Hours For the first time since its mainnet launch in April 2020, the Celo blockchain suffered extensive network outages across a 24-hour period. The open-source blockchain runs on a Proof-of-Stake network and acts as a proxy payment server for users who want to make crypto payments using their phone numbers instead of public keys. The first outage occurred when the network stalled block production in the early hours of Thursday. The Celo team updated the public through a Twitter post about the outage while also assuring that all funds were uncompromised. According to the announcement, the protocol had stalled at 12.04 am UTC at block 14,035,019. The team also expressed that it had started a thorough and expedited technical analysis to get to the root of the problem. The outage lasted nine hours, during which the network could not validate new transactions. Second Outage Follows Soon Even though the network resumed briefly, the second outage followed soon after as the blockchain process was halted at block 14,035,045. The team addressed the community again via a tweet, saying, “Validators are working to restart the network. Block production resumed briefly, however, stalled again. Validators, please join the validators-operators channel on Discord and follow the posted instructions to update your node. As previously stated, all funds are secure.” Since then, the team has addressed the issue by upgrading the network validator nodes to version 1.5.8. and getting the network back to running again. After almost 24 hours since the first outage started, the team informed the community that the network was functioning. Could Uniswp V3 Be Responsible? The team has not disclosed the reason or factors contributing to the outages. The fact that the sudden downtime occurred soon after the Uniswap V3 update seems significant. However, it is interesting to note that despite the outage on its network, the CELO token was not affected adversely and has gone up in price to $0.9 at the time of writing. Even though this was the first time the Celo Network suffered a complete network outage in the two years since its launch, the protocol has faced its share of technical issues. In November 2021, the Celo team had to address security issues that affected its bridge. Optics, which is Celo’s bridge with Ethereum and Polygon, was targeted by a critical security bug. The team had to swoop in and fix the situation by implementing an emergency upgrade. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocointelegraph
Celo network back online after almost 24-hour outage
It was the first time the Celo mainnet had gone down in more than two years.
26 days agocryptopotato
Funds Are Safe But Celo Network Stalled Again After Briefly Resuming
Layer- 1 protocol, Celo Network had initially announced halting at block 14,035,19 on July 14.
30 days agocryptodaily
Grab Your Ticket To Join The Wealthy Elite With Uniglo (GLO), Celo (CELO), And Waves (WAVES)
If you're trying to elevate your status to that of the wealthy elite, you need to know the best projects to invest in. While most of the market still focuses on the successes or failures of Bitcoin, there's loads more to crypto than that. And BTC isn't where the real money is going to be made in the future of the crypto space. After all, even if BTC surges back up to all-time highs after recent losses (which is far from guaranteed), it'll still only roughly triple your money. That's not the same as buying a few Bitcoin when it was only $10 each. Those days are in the past. But that doesn't mean it's over for your dreams of wealthy elite status. It isn't, you just need to think bigger, and look further afield than Bitcoin. That's why we've picked three other projects that could be the future of the crypto space: Uniglo (GLO) By creating a diversified asset-backed cryptocurrency that has a vault of investments placed into a range of assets from stable to volatile, Uniglo is at the forefront of the next generation of crypto projects. Its unique platform of solutions help solve many of the issues currently present in the crypto world. It's also completely democratized, with a DAO community that gets a say on every major decision. Traditional fiat currencies are prone to hyperinflation because more supply of the currency can be created at any time. GLO is truly deflationary because it has a fixed-supply at launch that will only go down. That's due to an innovative double-burn strategy that burns some coins on every purchase and also "buys-back" tokens with some of the profits from its investments. And unlike many other cryptocurrencies, GLO isn't at the whim of BTC's price thanks to a diversified selection of vault investments that include digitized real-world assets. This range of features creates a currency that is stable rather than speculative, and also one that can help protect your porfolio from hyperinflation. Now could be the time to purchase GLO as it enters pre-sale and is still available at a discount. Celo (CELO) As the mobile-world continues to grow at a rapid rate, CELO has created a unique solution that is helping revolutionalize digital payment solutions for anyone with a cell phone. The crypto world has often been off-putting to newcomers, but Celo puts blockchain utility in the palm of your hands with a user-friendly experience that's almost unrivaled in the space. It's another one we think you should have a look at for your portfolio. Waves (WAVES) The crypto world has recently taken a bit of flak for not being particularly eco-friendly, especially the mining costs of BTC and ETH. Waves has created an eco-friendly platform that's also fast and has low costs (two other issues with other cryptocurrencies). That's why it could be perfectly placed to continue to grow in popularity across the wider digital currency space. We think GLO, WAVES and CELO could be perfect additions to your portfolio as you try and create a financial future that could rival the wealthy elites. Find Out More Here: Join Presale: https://presale.uniglo.io/register Website: https://uniglo.io Telegram: https://t.me/GloFoundation Discord: https://discord.gg/a38KRnjQvW Twitter: https://twitter.com/GloFoundation1 Disclaimer: This is a sponsored pressrelease, andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
32 days agocryptodaily
How Could Small-Cap Cryptos Like Gnox (GNOX), ECOMI (OMI), And Celo (CELO) Make You A Millionaire?
If you still want to become a crypto millionaire, you might want to consider small-cap coins. While you probably like the idea of becoming a crypto millionaire thanks to BTC---it's probably too late to make your fortune with Bitcoin. While the industry-stalwart could still go up, it's not going to see those massive gains it made from $1 all the way up to $60,000. It's already too big. So even if you like the idea of a $100k BTC (which many analysts do), that's still only roughly tripling your money based on current prices. To really make yourself a crypto millionaire, you need to start smaller. Imagine picking the "next" BTC, that's still available for fractions of a dollar. And it isn't only Bitcoin that's made crypto millionaires, practically every other coin that's enjoyed price pumps has done the same---from SHIBA and DOGE to ETH and LTC. But picking a winner right now is tougher than ever---especially as the wider crypto space has been in turmoil. And the wider economic environment as a whole, including traditional stocks and shares, has also seen losses. But that doesn't mean every crypto is down. There's still money to be made if you make sensible choices and pick the right coins. Let's have a look at a few options that could make you a crypto millionaire: Gnox (GNOX) Gnox has had an incredible few weeks, even when the rest of the market is struggling. It's up 63% in the last month and a bit, and is still available at a discount during its second pre-sale phase. With more token burns on their way, supply will be restricted even more, meaning this innovative crypto project could continue to rocket up the charts. And GNOX is so popular because it's a truly unique system that aims to give regular investors the benefits of DeFi investments with none of the hassle. They don't have to understand or manage strategies like liquidity pooling or staking. They can just enjoy real passive income, paid out every month from GNOX's treasury of investments, thanks to Yield Farming as a Service. That's why Gnox has a great future in the DeFi space. ECOMI (OMI) ECOMI is fast becoming a huge player in the digital collectible and NFT arena. Based in Singapore, they aim to bring pop culture and entertainment into the digital space with a unique range of collectibles. It's currently a little hard to get OMI on the main exchanges, but those who manage to do so could see a ton of price potential as this project becomes more mainstream. Celo (CELO) Sitting at the forefront of the charge to create real-world payment solutions for the mobile space using blockchain technology, CELO could be the future of digital payments. It's already got many market analysts predicting big things, and is currently available at a discount price of around $0.90. Conclusion Market analysts are predicting big things for these 3 crypto projects. Could one of them make you a millionaire? Only time will tell. Find Out More Here: Join Presale: https://presale.gnox.io/register Website: https://Gnox.io Telegram: https://t.me/gnoxfinancial Discord: https://discord.com/invite/mnWbweQRJB Twitter: https://twitter.com/gnox_io Disclaimer: This is a sponsored pressrelease, andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
44 days agocointelegraph
Catalonia is building its own metaverse, says innovation minister
The government is hoping to make Barcelona a digital hub by offering various skills programs to university students and boot camps to cultivate talent.
47 days agocryptodaily
Binance Signs Exclusive NFT Partnership With Football Icon Cristiano Ronaldo
Global football megastar Cristiano Ronaldo has signed an exclusive NFT partnership with the world’s largest cryptocurrency exchange, Binance. The collaboration with Binance will provide football fans a gateway to the NFT ecosystem through global NFT campaigns. Leveraging Web3 With NFTs Binance released a press statement with details surrounding the partnership with Ronaldo. The world’s largest exchange by trading volume stated that the partnership with the footballing megastar would look to connect Ronaldo with his legion of fans by leveraging Web3, with NFTs acting as an entry point for fans. The deal will see the Manchester United player, in partnership with Binance, create several new NFT products on the platform. Binance plans to release the first group of collectibles as early as later this year, with the collection available exclusively on the Binance NFT platform. Ronaldo And Zhao Hail Partnership Both Binance CEO and founder Changpeng Zhao and Ronaldo echoed similar sentiments of excitement around the partnership. Zhao praised Ronaldo’s achievements in football, stating that he has transcended the area of sports, becoming an icon in multiple spheres of life and sport. Zhao went on to say, “He has amassed one of the world’s most dedicated fan bases through his authenticity, talent, and charity work.” Zhao also stated that the team at Binance is excited to give fans of the football icon exclusive engagement opportunities to connect with him as they purchase pieces of the NFT collections. Ronaldo also commented on the partnership and on the upcoming NFT drops, stating that the fans are bound to enjoy them. “My relationship with the fans is very important to me, so the idea of bringing unprecedented experiences and access through this NFT platform is something that I wanted to be a part of.” While the cost of the partnership is currently under wraps, it is important to note that most businesses in the crypto space have scaled back their spending on ads and celebrity endorsements due to the ongoing market meltdown. Exchanges such as Coinbase have also put hiring freezes while also laying off staff. Other Athletes In The NFT Space Ronaldo joins a growing list of athletes and other sports personalities who are exploring NFTs in a bid to grow and sustain their engagement with fans. Kevin Durant from the Brooklyn Nets revealed that he has filed for 26 NFT and metaverse trademark applications. The trademark application would help Durant fans easily purchase his NFT collection, NFT-backed media, crypto-collectibles, and others. The Premier League has also filed two trademark applications to help increase fan interaction. Ronaldo himself was awarded crypto tokens when he received the JUV token, the official fan token of Juventus FC, for every senior career goal scored by him. Arch rival Lionel Messi also saw his NFT collection go live after his move from Barcelona to PSG. Crypto Winter is Not A Concern With the ongoing crypto winter, Zhao remained confident with the prevailing market scenario. Zhao noted that this was his third crypto winter and the second time Binance has encountered such a market. This implied that the team is well-versed in navigating a bear market. The Binance CEO also stated that the exchange was using this downturn as an opportunity to hire top talent that might be available for hire. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
54 days agocryptodaily
Nansen Launches Encrypted Messaging App For Web3
Blockchain analytics platform Nansen has launched and rolled its latest product, one that's a little different from what it has been offering for the past few years: an encrypted Web3-based messaging app. Dubbed as Nansen Connect, the app is designed with end-to-end encryption for messaging, much like Telegram and Signal. The app is unique in that it asks users to log in with their Web3 wallet, then later specify and choose a username based on Nansen wallet labels. "All this information will be easily accessible, and we look forward to seeing how it shapes the conversation," shares Paul Harwood, Product Manager at Nansen. Another unique feature for Nansen connect is with how users can primarily join groups based on their crypto and NFT portfolio. Statistics on token collections are tracked based on a user's portfolio, which is synced with Nansen's analytics dashboard. Nansen describes their messaging app as a “crypto-native communications hub” for Web3 communities, going on to claim that the app could help address and "mitigate some of the security flaws we see across the ecosystem.” "Users can hold influencers and other project leaders to account by monitoring treasuries and dumping in real time, and certain members may be elevated because they’re proven holders," Harwood explained further. The app is now launched, but it's still in the beta phase, and only for select communities. This includes blue-chip NFT holder channels and what's been tagged as "smart money" holders who provide top-tier liquidity across protocols and contracts. Nansen claims that the app will be synced with on-chain data for current holdings, transaction data, and other data sets that would be relevant to users and communities for contextualizing their portfolio and social platform. "Nansen is already a key informational hub for the crypto world, and our core offering—wallet labeling for 120 million Ethereum addresses alone—centers on surfacing the identities and behaviors in the noise of blockchain data. Creating a social product is a natural evolution for these core competencies," Harwood notes. Nansen completed a $75 million (USD) Series B investment round in December 2021, with backing from investors such as Accel, GIC, Andreessen Horowitz (a16z), SCB 10X, and Tiger Global. The firm was established sometime in 2020 and has since been providing analytics for on-chain data, wallet labels, and entities on mainstream blockchains such as BNB Chain, Polygon, Fantom, Avalanche, Celo, and Ethereum, among others. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
105 days agocryptodaily
0x Labs Closes $70m Series B, Set To Expand Web3 Core Exchange Infrastructure
0x Labs, the firm behind blockchain infrastructure development protocol 0x, has announced that it has closed a $70 million Series B in an investment round led by Greylock, a key industry player in blockchain project investments. The recently closed Series B funding round also saw the participation of Pantera Capital, A.Capital, Jump Capital, Sound Ventures, OpenSea, Coinbase, Brevan Howard, Reid Hoffman, and Jared Leto. According to 0x Labs, the newly injected funds will be used to expand their team and its product and service offerings. 0x Labs has previously launched Match, a token search engine, alongside the 0x API which provides multi-chain aggregated liquidity as a service. 0x Labs has also developed the 0x Protocol, a community-owned, global backbone serving decentralized exchanges in the growing DeFi sector. "0x Labs helps businesses eliminate the complexity of accessing decentralized markets across all layers of the Web3 exchange stack. We provide solutions that can be used to easily incorporate exchange functionality for all tokenized assets, including cryptocurrencies, DeFi tokens, and NFTs, at the best prices and with the lowest transaction costs. By using 0x technology, businesses will have more time to focus on what matters: their product," shares 0x Labs co-founder and co-CEO Amir Bandeali. The 0x protocol and infrastructure suite currently has support for major blockchains such as Ethereum, Polygon, Avalanche, Fantom, BNB Chain, Optimism, and Celo. The protocol also has several integrations across prominent decentralized wallets and applications such as MetaMask, Coinbase' Wallet and NFT platform, Polygon Wallet, Brave's built-in wallet for its browser, dYdX, Zapper, Zerion, and Shapeshift. According to 0x Labs, their team's vision is to build a tokenized world "where all value can flow freely." The 0x infrastructure suite, alongside the integrations for its protocol, has served over $157 billion in tokenized value across multiple blockchains, processing over 43 million trades for more than three and a half million users. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
107 days agocryptopotato
Huobi Incubator Partners Celo to Promote Stablecoins for the Masses
[PRESS RELEASE – Please Read Disclaimer] Huobi Incubator, the project incubation arm of Huobi Global, today announced that it will co-host Celo x Huobi: Stablecoin in Web3 & Sustainability hackathon with Celo, a mobile-first blockchain that makes decentralized financial (DeFi) tools and services accessible to anyone with a mobile phone. The partnership aims to spur […]
124 days agocoindesk
CLabs to Work With eCurrency to Integrate CBDCs With DeFi
Through the partnership, central banks launching CBDCs will now be able to use the Celo blockchain to enable end users to access DeFi products.
127 days agocryptopotato
CELO Skyrockets to 3-Month High After Launching $20 Million Incentive Program
The Celo Foundation launched a $20 million initiative to invest in on- and off-ramps on the Celo blockchain.
127 days agocoindesk
Celo Rises 15% on Barcelona Reveal of $20M 'Connect the World' Campaign
The team announced on Monday at Celo Connect in Barcelona that it's launching a $20M campaign to incentivize the development of Celo on- and off-ramps around the world.
132 days agocoindesk
Can Avalanche Win Over Wall Street and 'Degens' Alike?
At the inaugural Avalanche Summit in Barcelona, Spain, the speedy Ethereum alternative is looking to court users into building on its subnets.
138 days agocoindesk
Avalanche Crypto Event Woos 3.5K to Barcelona With Late Parties, Late Starts, Long Lines
There's plenty of cava and tapas along with video art exhibits featuring the head of a sheep, and the official events don't start till noon. Nobody seems to care too much about this year's price performance in the AVAX token.

About Celo

The live price of Celo (CELO) today is 1.1229 USD, and with the current circulating supply of Celo at 456,611,349 CELO, its market capitalization stands at 512,750,297 USD. In the last 24 hours CELO price has moved -0.0422 USD or -0.04% while 12,082,798 USD worth of CELO has been traded on various exchanges. The current valuation of CELO puts it at #95 in cryptocurrency rankings based on market capitalization.

Learn more about the Celo blockchain network and how it works or follow the price of its native cryptocurrency CELO and the broader market with our unique COIN360 cryptocurrency heatmap.

Celo is an open platform that makes financial tools accessible to anyone with a mobile phone


Celo Price1.1229 USD
Market Rank#95
Market Cap512,750,297 USD
24h Volume9,997,153 USD
Circulating Supply456,611,349 CELO
Max Supply1,000,000,000 CELO
Yesterday's Market Cap495,210,780 USD
Yesterday's Open / Close1.1267 USD / 1.0845 USD
Yesterday's High / Low1.171 USD / 1.0656 USD
Yesterday's Change
-0.04% ( 0.0422 USD )
Yesterday's Volume12,082,798 USD
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