#CELO #Inside
Deutsche Telekom Joins Celo Ecosystem as the First Mobile Carrier Amid Launch of cEUR Stablecoin
https://medium.com/celoorg/deutsche-telekom-joins-celo-ecosystem-as-the-first-mobile-carrier-amid-launch-of-ceur-stablecoin-2b79aae38540
Deutsche Telekom Joins Celo Ecosystem as the First Mobile Carrier Amid Launch of cEUR Stablecoin
https://medium.com/celoorg/deutsche-telekom-joins-celo-ecosystem-as-the-first-mobile-carrier-amid-launch-of-ceur-stablecoin-2b79aae38540
Medium
Deutsche Telekom Joins Celo Ecosystem as the First Mobile Carrier Amid Launch of cEUR Stablecoin
Today we’re thrilled to share that Deutsche Telekom — one of the world’s leading telecommunications companies with more than 242 million…
#CELO
Celo Foundation and Google Cloud partner to support sustainable Web3 startups
• Cointelegraph
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🪆Перевод
Celo Foundation and Google Cloud partner to support sustainable Web3 startups
• Cointelegraph
——
🪆Перевод
Cointelegraph
Celo Foundation and Google Cloud partner to support sustainable Web3 startups
The Founders in Residence program by the Celo Foundation will receive mentorship and guidance from the Google Cloud team.
#COIN #nwsmkr
COIN has released a huge report with its market vision for 2024. We have certainly studied it and also prepared a translation. We'll do an overview of it here on the channel, but in 4 parts...
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KEY THEME 1: THE NEXT CYCLE
Bitcoin hegemony
Digital asset selection has transitioned towards higher quality names, leading bitcoin dominance to steadily increase above 50% for the first time since April 2021. The main reason is ETF applications from major players, which confirms the promise of cryptocurrencies as a new asset class.
Bitcoin's originality helped it outperform traditional assets in 2H23, and Coinbase expects this trend to continue next year. The upcoming halving will support interest in BTC.
A new trading regime
Over the past crypto winter, there has been a fair amount of infastructure, layer-2s, restaking, ZK proofs, etc. Now the focus of market participants will shift more to real projects that will help attract mass users.
Many rely on web2 analogs - games, payments or social networks, but #DePin and #DeComp are also interesting.
The layer-1 equilibrium
Ethereum's dominance among smart contract platforms remains unwavering. Moderate activity in the onchain over the past two years has reduced demand for "general purpose" #L1 alternatives, so L1s have begun to divide into sectors. Some are focused on #gaming or #NFT (#BEAMX, Blast, #IMX, for example), while others are aimed at #DeFi (#dYdX, #OSMO) and/or institutional participants (#AVAX's Evergreen subnet, #Kinto). Modular blockchains are emerging (#TIA) and this trend will continue into 2024.Other EVM-compliant L1s are choosing to focus on executing smart contracts, moving to Ethereum L2, such as #CELO. #SOL is an important part of crypto. The value of these blockchains ultimately still comes down to what projects are built on them and how much they are in demand.
The evolution of layer-2s
The rapid development of #L2 has not led to a decline in activity in the core ETH network, but a drag on activity from Alt L1. Good solutions #OP Stack, #MATIC CDK and #ARB Orbit have emerged, allowing people to build their rollups faster. Modular L2s are emerging. #Eclipse relies on (1) Solana Virtual Machine (SVM) for transaction execution, (2) Celestia for data availability, (3) Ethereum for computation (security), and (4) RISC Zero for zero-knowledge fraud proofs.
Since the Cancun (#Dencun) fork is also just around the corner in 1Q24, we may also see a reduction in transaction fees for L2s settling in Ethereum.
----
→ COIN • site • pdf
→ nwsmkr • full pt.1
——
🪆Перевод
COIN has released a huge report with its market vision for 2024. We have certainly studied it and also prepared a translation. We'll do an overview of it here on the channel, but in 4 parts...
----
KEY THEME 1: THE NEXT CYCLE
Bitcoin hegemony
Digital asset selection has transitioned towards higher quality names, leading bitcoin dominance to steadily increase above 50% for the first time since April 2021. The main reason is ETF applications from major players, which confirms the promise of cryptocurrencies as a new asset class.
Bitcoin's originality helped it outperform traditional assets in 2H23, and Coinbase expects this trend to continue next year. The upcoming halving will support interest in BTC.
A new trading regime
Over the past crypto winter, there has been a fair amount of infastructure, layer-2s, restaking, ZK proofs, etc. Now the focus of market participants will shift more to real projects that will help attract mass users.
Many rely on web2 analogs - games, payments or social networks, but #DePin and #DeComp are also interesting.
The layer-1 equilibrium
Ethereum's dominance among smart contract platforms remains unwavering. Moderate activity in the onchain over the past two years has reduced demand for "general purpose" #L1 alternatives, so L1s have begun to divide into sectors. Some are focused on #gaming or #NFT (#BEAMX, Blast, #IMX, for example), while others are aimed at #DeFi (#dYdX, #OSMO) and/or institutional participants (#AVAX's Evergreen subnet, #Kinto). Modular blockchains are emerging (#TIA) and this trend will continue into 2024.Other EVM-compliant L1s are choosing to focus on executing smart contracts, moving to Ethereum L2, such as #CELO. #SOL is an important part of crypto. The value of these blockchains ultimately still comes down to what projects are built on them and how much they are in demand.
The evolution of layer-2s
The rapid development of #L2 has not led to a decline in activity in the core ETH network, but a drag on activity from Alt L1. Good solutions #OP Stack, #MATIC CDK and #ARB Orbit have emerged, allowing people to build their rollups faster. Modular L2s are emerging. #Eclipse relies on (1) Solana Virtual Machine (SVM) for transaction execution, (2) Celestia for data availability, (3) Ethereum for computation (security), and (4) RISC Zero for zero-knowledge fraud proofs.
Since the Cancun (#Dencun) fork is also just around the corner in 1Q24, we may also see a reduction in transaction fees for L2s settling in Ethereum.
----
→ COIN • site • pdf
→ nwsmkr • full pt.1
——
🪆Перевод
#CELO
real reason of the pump…
The untold story of Kickstarter’s crypto Hail Mary—and the secret $100 million a16z-led investment to save its fading brand
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Fortune disclosed that a16z invested US$100 million in crowdfunding startup Kickstarter in 2021 and tried to push it to complete its transformation to a blockchain and build it on Celo, but in the end this attempt failed. No part of the platform has been converted to run on the blockchain.
——
Before:
Tether (USDT) to Launch on Celo
• Fortune | CELO
——
🪆Перевод
real reason of the pump…
The untold story of Kickstarter’s crypto Hail Mary—and the secret $100 million a16z-led investment to save its fading brand
——
Fortune disclosed that a16z invested US$100 million in crowdfunding startup Kickstarter in 2021 and tried to push it to complete its transformation to a blockchain and build it on Celo, but in the end this attempt failed. No part of the platform has been converted to run on the blockchain.
——
Before:
Tether (USDT) to Launch on Celo
• Fortune | CELO
——
🪆Перевод
Fortune Crypto
The untold story of Kickstarter’s crypto Hail Mary—and the secret $100 million a16z-led investment to save its fading brand
Inside the once-hot startup’s struggle to regain relevance despite a massive check from the crypto arm of venture giant Andreessen Horowitz.
Newsmaker.сlub
#USDT | Source Tether will stop minting USD₮ on #EOS and #ALGO starting today, June 24, 2024. Tether will continue to redeem USD₮ on EOS and Algorand as usual for the next 12 months. Further changes may be evaluated and announced around that time. —— 🪆Перевод…
#USDT
USDT on different blockchains...
Total USDT circulation - 112.9B
#TRX - 59.2B | 517M | 52.4%*
#ETH - 50.6B | 1.3B | 44.8%
#AVAX - 1B | 300M | 0.88%
#SOL - 770M | 1.1B | 0.68%
#TON - 490M | 90M | 0.43%
#OMNI - 135M | 719M | 0.11%
Less than 200M: #NEAR, #CELO, #ATOM, #XTZ
Less than 100M: #EOS, Liquid, #DOT, #ALGO, #SLP, #KSM
*Issued / authorized but not issued / % of total circulation
——
🪆Перевод | 🏇 Join the Pro
USDT on different blockchains...
Total USDT circulation - 112.9B
#TRX - 59.2B | 517M | 52.4%*
#ETH - 50.6B | 1.3B | 44.8%
#AVAX - 1B | 300M | 0.88%
#SOL - 770M | 1.1B | 0.68%
#TON - 490M | 90M | 0.43%
#OMNI - 135M | 719M | 0.11%
Less than 200M: #NEAR, #CELO, #ATOM, #XTZ
Less than 100M: #EOS, Liquid, #DOT, #ALGO, #SLP, #KSM
*Issued / authorized but not issued / % of total circulation
——
🪆Перевод | 🏇 Join the Pro