Celo News

The Stabila Foundation has launched a new initiative to boost stablecoin adoption within the Celo ecosystem, aiming to drive real-world use cases for the network. The Celo (CELO) blockchain ecosystem has welcomed a new foundation focused on increasing the adoption…

Celia Inside has launched a new music NFT collection on Celosphere, marking a significant moment for the platform.  The launch and collection include 1,000 NFTs, priced at 3 CELO (CELO) each, 500 of which feature the original track and 500…

Gitcoin has announced that the twenty-first edition of its grants program, Gitcoin Grants 21, is officially live and will feature ecosystem rounds for Arbitrum and Celo. The Gitcoin Grants 21 program went live on Aug. 7 and will run until…

MiniPay, a blockchain-based wallet built on Celo, has added support for USDT and USDC stablecoins with the launch of its new feature Pockets. Announced on Wednesday, Pockets is an upgrade that brings one-click stablecoin swaps to MiniPay, the non-custodial stablecoin…

cLabs, the leading developer of the Celo blockchain, has announced plans to transition its network to an Ethereum Layer 2 solution using the OP Stack.

In early December 2021, a Kickstarter crowdfunding startup received an investment offer in exchange for transforming into a web3 company.

Leading stablecoin issuer Tether is set to introduce its USDT token on the Celo blockchain, an Ethereum Virtual Machine-compatible platform transitioning to an Ethereum Layer 2 network.

Circle is set to launch its U.S. Dollar-pegged stablecoin, USDC, on the Celo blockchain network.

Polygon Labs has suggested that the Celo blockchain community utilize its Chain Development Kit (CDK) for their upcoming Layer 2 transition on Ethereum. This proposal surfaces after Celo’s core team, cLabs, revealed an alternative idea involving a transition from Layer…

Built into Opera Mini, the MiniPay self-custodial stablecoin wallet sends and receives transactions in less than 5 seconds, Celo claims. Opera has developed a new dollar stablecoin wallet on the Celo network for its Android browser Opera Mini to bring…

Binance faces further global regulatory challenges, an uptick in institutional adoption triggers a renewal of investor interest as bitcoin break above $31,000

Curve Finance (CRV) will deploy on Celo’s EVM-compatible layer-1 blockchain to enable seamless movement of stable assets on- and off-chain via Wormhole’s Portal token bridge, according to a press release by Celo on November 22, 2022. Curve joins Uniswap v3…

The defi protocol, Moola market lost about $8.4 million in a recent exploit by a hacker. Interestingly, the hacker returned about 93% of the stolen funds.

DIA Association has announced that its open-source data feeds are available on Celo’s mobile-first network. The integration will enable new end-user applications on Celo to ingest DIA’s data feeds including an extensive library of digital and traditional asset prices.  DIA’s…

Celo is collaborating with top crypto organizations and decentralized finance (DeFi) projects, including Chainlink, RabbitHole, Aave, and Sushi, amongst others, to launch a $100 million incentive project dubbed DeFi for the People. The initiative is aimed at lowering the barrier…

ReSource Finance, a blockchain-based protocol for mutual credit networks extending loans to web3 businesses, has raised $1.7 million from crypto funds and angel investors led by Future Perfect Ventures, NGC Ventures, and ExNetwork, as per a press release on Aug…