Kathleen Breitman, the co-founder of decentralized layer 1 blockchain Tezos, said the bankruptcy filing of troubled crypto lender Celsius Network is not surprising because such business models are sustainable in the long run. Breitman: Celsius’ Bankruptcy Unsurprising Recall that Celsius filed for voluntary Chapter 11 bankruptcy protection exactly a month after suspending users’ withdrawals and...Read More
Tether, the issuer of the world’s largest stablecoin, has announced the launch of USDT on the Tezos blockchain, thus expanding the number of networks supporting the asset to 12. The layer 1 network, Tezos, uses a variant of Proof-of-Stake (PoS), known as liquid Proof-of-Stake (LPoS), and is designed to undergo changes without initiating a hard...Read More
Tezos – a decentralized layer 1 blockchain – launches the ninth upgrade with the promise of greatly improving its scalability. In the near future, Tezos is expected to host more dApps and process many more transactions on its network. With layer two solutions like optimistic rollups being introduced, Tezos considers this upgrade as “revolutionary” since...Read More
The professional British soccer team – Manchester United – inked a $27 million deal with the blockchain platform Tezos. As a result, the club will put the latter’s logo on its training apparel. Tezos Partners with “The Red Devils” The most successful English soccer club ended its previous $163 million collaboration with the American insurance...Read More
The United States Internal Revenue Service (IRS) could stop taxing digital assets obtained through staking. The agency added that it will refund the tax paid by a Nashville couple on tokens they had earned via staking on the Tezos network. IRS to Refund Tax Paid on Staked Tokens According to a Forbes report on Thursday,...Read More
In a bid to revolutionize its fan engagement, French esports organization Team Vitality announced that it has collaborated with popular blockchain project Tezos on a three-year partnership deal. Team Vitality Partners Tezos Announcing the development in a press release shared with CryptoPotato today, the partnership, which is considered the biggest since the inception of Team...Read More
Tezos-powered play-to-earn NFT game, DOGAMÍ, has recently raised $6 million from several notable investors, including Ubisoft and Animoca Brands. Building the Petaverse on Tezos In a press release shared with CryptoPotato on Tuesday, DOGAMÍ noted that the funding will help it further the development of decentralized pet ownership 3.0. DOGAMÍ offers a unique blend of...Read More
After last weekend’s crypto market correction, prices have been mostly trading sideways as Bitcoin continues to see strong support at $50,000. While the big cryptos are trading sideways, quite a few coins managed to see double-digit percent gains today. Tezos, in particular, gained over 33% in price in the past 24 hours, setting it as...Read More
Entrepreneur First, an international firm focused on investing in technology companies, is partnering with Tezos to launch a blockchain-focused platform to attract potential founders to Tezos’ web3 ecosystem. Seeking Talented Web3 Developers The new platform, dubbed Entrepreneur First Web3, is designed to attract potential blockchain innovators and DeFi app creators into the Tezos ecosystem. They...Read More
British motor racing team, McLaren Racing, has recently announced the launch of its non-fungible tokens (NFTs) platform, where fans and digital art collectors can purchase its digital collectibles. The new endeavor will be built on the popular Tezos blockchain. McLaren Joins the NFT Craze According to a press release shared with CryptoPotato, the NFT platform,...Read More
Tezos, the blockchain platform of decentralized governance, will be launching a suite of lending and yield products with the leading DeFi platform EQIFI, providing support for the Tezos blockchain ecosystem. Why EQIFI Chose Tezos According to a press release shared with CryptoPotato, EQIFI favors Tezos for its time-tested on-chain governance, its proof of stake consensus...Read More
The Switzerland-based financial institutions – Crypto Finance Group, InCore Bank, and Inacta – have selected Tezos to create on-chain digital products through a new token standard for asset tokenization. InCore Bank would also enable additional digital services with XTZ – the native cryptocurrency of the blockchain network. Tezos to Power The New Token Standard According...Read More
French game publisher Ubisoft has partnered with Tezos, becoming an official corporate validator node on its blockchain. Nomadic Labs, a research and development team within the Tezos ecosystem, announced the partnership via Twitter. 🎮@Ubisoft is exploring #Tezos technology by becoming a corporate baker. 👋 Welcome to the ecosystem!Read the announcement: https://t.co/ZM1IzBTVCM#blockchain #DigitalTransformation #crypto #Ubisoft pic.twitter.com/6wKCQIFAOJ...Read More
The third-largest bank in France, as well as one of the leading banks in the whole world, Societe Generale, has issued its first structured product as a security token. The bank has chosen Tezos’ blockchain as the underlying network. Following the first covered bond security token issuance for 100 million euros on Ethereum’s blockchain back...Read More
A few months following a Cardano integration, the DLT project Wolfram Blockchain Labs (WBL) has done the same with Tezos. As a result, developers working on blockchain analytics and computational contracts will be able to employ the Tezos network. WBL Integrates Tezos WBL is a provider of distributed ledger technology (DLT) solutions that support the...Read More
Tezos surged above the $4 mark and went past the previous all-time high at $4.44, which Tezos registered on August 13, 2020. Since registering an ATH back in 2020, XTZ had sunk into a downtrend that lasted well into November, where it found its bottom at $1.79. In December, Tezos attempted to climb past $2.4...Read More
The regulated stablecoin fully backed by the US dollar, Stably USD (USDS), will launch on the popular public blockchain – Tezos as a part of an ongoing collaboration between the two parties. The stablecoin issuer aims to target lower fees with the Tezos network, which recently went through an upgrade that decreased the costs by...Read More
Tezos has recorded losses over the past couple of weeks and it was heading back towards the $2-level of support, at the time of writing. Basic Attention Token was also on a downtrend since early-December and found support at the $0.2-level. Finally, Dogecoin was consolidating at its level of resistance. Tezos [XTZ] Source: XTZ/USD on...Read More
According to a recent announcement, a smart contract development platform for Tezos, Smart Chain Arena (SmartPy.io), is the newest recipient of a blockchain integration grant from Chainlink. The grant will enable Chainlink price feeds to be integrated on Tezos, something that will help the blockchain platform build next-generation DeFi products. The Chainlink Community Grant Program provides...Read More
French international banking group BNP Paribas is in the news after the conglomerate, along with the French bank CA CIB and the French investing company Caisse des Dépôts, announced the launch of a project exploring a digital interbank currency (DIBC). The venture in question will also include tokenizing solutions firm Tokeny and The Blockchain XDEV...Read More
Tezos, once a major altcoin threatening a position in the top 10, has been unable to take advantage of the recent bullish scenario. While the coin has dropped down to 18th in the market, its long-term charts failed to indicate a lot of positive momentum. While its recent Delphi upgrade reduced smart contract gas fees...Read More
A few months after compiling the latest protocol proposal, Tezos has officially implemented its 4th network upgrade in the past two years. Dubbed Delphi, it went live earlier today and aims to dramatically reduce the gas consumption along with other “small bug fixes.” The Delphi Upgrade Live On The Tezos Blockchain The Delphi proposal was...Read More
While Bitcoin is currently rallying towards a position above $14,000, the rest of the altcoins are struggling to find their bullish groove. Source: CoinStats With most altcoin depreciating over the past 24-hours, the market structure for Crypto.com Coin, Tezos, and Algorand was no different. Facing strong resistance right above their price range, the short-term analysis...Read More
Exaion, a subsidiary of the French multinational electric utility company EDF Group, will join the Tezos ecosystem as a corporate baker. The press release shared with CryptoPotato disclosed that Exaion is EDF’s arm specializing in blockchain solutions and high-performance cloud computing. The company aims to utilize distributed ledger technology to develop solutions to minimize the...Read More
The popular blockchain company Tezos has become the last integrated network into China’s ambitious Blockchain-based Services Network (BSN). Developers can employ the Tezos protocol through BSN’s global public city nodes and portals for a “simplified development and deployment experience.” All three global public city nodes, namely Hong Kong, California, and Paris, have integrated with the...Read More
The popular Bitcoin and cryptocurrency derivatives exchange BitMEX announced the launch of ‘quanto futures’ for four crypto coins – EOS (EOS), Chainlink (LINK), Tezos (XTZ), and Cardano (ADA). This comes after BitMEX’s recent move that requires users to sign up for a mandatory ID verification procedure’. BitMEX To Launch Quanto Futures Trading For LINK, XTZ,...Read More
The three-year-long class-action lawsuit against Tezos for supposedly violating securities laws in the US with its 2017 ICO has come to an end after Judge Richard G. Seeborg approved the $25 million settlement offer brought by Tezos earlier this year. Lawsuit Targeting Tezos: The Backstory The company had little time to celebrate its successful initial...Read More
Many major altcoins showed signs of reversing their recent downtrend. Binance Coin appeared to be caught in a range and consolidating. Tezos has been steadily dropping since hitting an ATH. Enjin approached a region of confluence and any break-out from this region can be expected to be a strong move. Binance Coin [BNB] Source: BNB/USDT...Read More
Bitcoin registered another drop to $11,100 and Bitcoin mining difficulty hiked by 3.6%. Most of the altcoin market followed Bitcoin into the red zone and saw a continuation of the downward trend. Source: Coinstats Bitcoin SV and Tezos set lower highs and could test support. ATOM had been making gains before Bitcoin’s dip and looked...Read More
After Bitcoin’s dip to $11,400, the crypto market saw red for many coins over the weekend. At press time, Bitcoin was staging a possible recovery upward priced at $11,760. Large-cap altcoins also saw modest price gains and some indicated that their pullback was complete, and the previous uptrend might continue. Litecoin was holding on to...Read More
