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Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
10.5.2024
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure
Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
22.4.2024
CLabs officially proposed using Optimism’s OP Stack for the transition. The proposal will be discussed on a couple of community calls and then go to a vote among holders of the project's CELO tokens, under the chain's governance rules
USDC to Go Native on Celo Blockchain, Eyeing Role as Gas Currency
1.2.2024
The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency...
Polygon Labs and Celo Foundation join forces for blockchain impact
25.8.2023
Polygon Labs has begun a groundbreaking venture with the Celo Foundation that is likely to change people’s perception of blockchain technology. Through The Value Prop, an open database created by Polygon Labs policy group, the two organizations intend to focus on actual and transformative...
Celo Foundation and Google Cloud partner to support sustainable Web3 startups
4.4.2023
The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Google’s mobile development platform, Firebase
Celo Foundation to Help African Startups Scale Via Web3 Fund
12.8.2022
The Celo Foundation recently announced a Web3 fund for African startups to scale their operations. Named Celo Africa Web3 Fund, the initiative is open to every Africa-based startup. However, projects with African residents as founders will receive a preferential review for the fund. Celo has been...
Wework Co-Founder Adam Neumann’s Crypto Project Secures $70M, Funding Round Led by A16z
25.5.2022
The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says...
Celo foundation proposes to deploy Uniswap V3 on its native blockchain
11.3.2022
Celo aims to promote green use cases and rebalance its treasury with green asset-backed tokens with the help of Uniswap
Celo taps Chorus One to build a bridge with Cosmos, paving the way for others
19.11.2020
Celo is the latest blockchain network to strive for interoperability, with Chorus One receiving a grant to build a bridge between Cosmos and Celo
Celo Foundation Launches Mainnet After Raising $40 Million
19.5.2020
The Celo Mainnet is now live, enabling users to transfer Celo Gold tokens they received in the foundation’s recent $10 million auction
75 Companies Back Facebook Libra’s Competitor Celo
7.5.2020
Celo, a competing project to Facebook’s Libra cryptocurrency, has added 50% more new members to its alliance, bringing the total number of supporting organizations to 75. Some Celo members are also supporters of the Libra project, such as Coinbase Ventures, Anchorage, and Andreessen Horowitz....
50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra
13.3.2020
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds...