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news-imageJuly 31, 2024

Tezos, Zilliqa, EOS, Celo, Velas and the fall from grace

The battle for the best blockchain for developers and users has been won by the likes of Ethereum, Solana, BNB Chain, Arbitrum, and Base. Many contenders who were hoping to take on Ethereum have faced substantial challenges and evolved into ghost chains.
Publisher: Invezz
Sentiment: Negative
CELO
EOS

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Negative
cover-imageCryptopolitan
April 8, 2025

Zilliqa CEO resigns two months after security breach

Zilliqa has announced the resignation of CEO Matt Dyer, just two months after the blockchain platform suffered a security breach affecting its cross-chain bridge. In a statement posted on X, the company confirmed Dyer “has stepped down from his role as Chief Executive Officer of Zilliqa Technology.

Positive
cover-imageCryptonews
April 3, 2025

Why Is EOS Pumping While Everything Else Crashes?

The $EOS token for the EOS blockchain is easily one of the best performing cryptocurrencies in the last seven days. EOS is up a staggering 37.5% in the last seven days, and 47.8% over the last 30 days as it trades at $0.7939 at the time of writing.

Positive
cover-imageInvezz
April 3, 2025

Stables expands to North America, unveils gameplay enhancements

Stables, the Tezos-based fantasy horse racing game, is making its debut in the North American market through a partnership with Equibase, the official supplier of horse racing statistics in the US and Canada. The move marks a significant expansion for the French startup, allowing players to engage with real-life racehorses in a blockchain-powered virtual setting.

Positive
cover-imageCoinPedia
April 2, 2025

Crypto Gainers Today: Zcash (ZEC), EOS, And Cronos (CRO) Rally – What's Driving The Surge?

The cryptocurrency marketplace appears to be experiencing an increase in bullishness, as Bitcoin (BTC) remains in the lead at $85,148.35 (+0.97 percent), while Ethereum (ETH) is relatively flat at $1,881.97. The sentiment is generally positive with major cryptocurrencies showing resilience with increased trading volume and favorable technical indicators.

Positive
cover-imageInvezz
April 2, 2025

Here are the main catalysts driving EOS price up

EOS price has been on a strong bullish trend lately, surging by 47% since March 30 and pushing its market cap past the $1 billion mark for the first time since mid-February. Earlier today, the EOS price hit a two-month high of $0.8345 on Binance, with trading volume spiking 87% to $596.

Positive
cover-imageCoingape
April 2, 2025

Why is EOS Price Up 16% Today?

The EOS Network has unveiled the Vaulta Banking Advisory Council, a move that has propelled EOS price up by 16% in 24 hours to a two-month high. Following this rise, the EOS market capitalization has also surged past $1 billion for the first time since mid-February.

Positive
cover-imageThe Cryptonomist
March 26, 2025

Celo becomes a Layer-2 of Ethereum: transition completed successfully

Celo has officially completed the transition from layer-1 blockchain to layer-2 protocol on Ethereum on March 26, 2025. The move was announced through a post on X, in which the platform highlighted the main technical innovations. Among these, blocks with a time of one second, transaction costs lower than a cent, and the use of USDt (USDT) and USDC (USDC) as gas stand out.

Positive
cover-imageCointelegraph
March 26, 2025

Celo becomes Ethereum L2 with Optimism rollup implementation

Celo, the blockchain network launched in 2020, has officially transitioned from a layer-1 chain to an Ethereum layer-2 protocol.Celo announced the successful transition in a March 26 X post, stating that “Celo is officially an Ethereum layer 2” protocol. In the thread, the organization claimed the new protocol features one-second blocks, sub-cent transaction costs, and Tether's USDt (USDT) and USDC (USDC) as gas.

Positive
cover-imageCrypto Economy
March 26, 2025

Celo Upgrades to Layer 2, Enhancing Security and Transaction Speed

TL;DR Ethereum Layer 2 Transition: Celo shifts from a standalone L1 blockchain to an Ethereum L2 network using optimistic rollups, leveraging Ethereum's robust security and ecosystem. Boosted Performance: The upgrade reduces block times from 5 seconds to 1 second, enhancing scalability, interoperability, and low-cost transaction speed. Strengthened Ecosystem: With key partnerships (Aave, Uniswap, etc.

Positive
cover-imageCoinPedia
March 26, 2025

Celo Transitions to Ethereum Layer 2

Celo has successfully migrated from a standalone Layer 1 blockchain to an Ethereum Layer 2 network, marking a major milestone after nearly two years of development. This upgrade boosts scalability, improves interoperability, and deepens integration with Ethereum's ecosystem. Block times have been reduced from 5 seconds to just 1 second, significantly enhancing transaction speed.

Positive
cover-imageInvezz
March 26, 2025

Celo's evolution: migration to Ethereum L2 complete

Celo has finalized migration from a standalone L1 platform to an Ethereum L2 blockchain. The transition represents a key landmark in Celo's evolution, improving interoperability, security, and the entire ecosystem while ensuring sustainability and accessibility. The countdown platform shows the migration completed on 26 March, with Celo Layer2 Mainnet activation at 31056500 block height.

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