Deutsche Telekom, the Europe-based telecom provider, has become the first telecom firm to join the Celo Alliance for Prosperity. It has been reported by Celo that the telecom giant has made a “significant purchase” of Celo’s native token, through its strategic investment fund, the Telekom Innovation Pool. However, in conjunction with the investment, Deutsche Telekom has joined the global Celo Alliance for Prosperity, Celo’s ecosystem, and a network of over 130 members, includ

Celo has awarded a grant to Chorus One, the staking service provider, for building a bridge facilitating interoperability between the Cosmos and Celo networks. It has been reported that the proof-based bridge will allow “bidirectional communication” between Celo and Cosmos by allowing Celo’s cUSD stablecoin to operate on the Cosmos network, and Cosmos-based assets including ATOM, BAND, and KAVA to be held in the Celo Reserve. However, the partnership will lay the groundwork f

Konstantin Richter, the CEO and founder of the blockchain platform and Celo alliance member Blockdaemon, has said that the Celo ecosystem will soon comprise “PayPal on speed with its own native currencies.” It has been reported that Richter will learn about the experience of working on Celo from its beginnings and get his take on what the Celo ecosystem will look like in the near future. Launched in 2017, Blockdaemon comprises a blockchain infrastructure and node provider tar

Celo Foundation has launched Mainnet and enabling users to transfer Celo Gold tokens after raising $40 million to fund its blockchain platform. Today (on May 19), it has been reported in a Medium blog that Celo said transfers of Celo Gold (cGLD), an ERC-20 token, are now enabled through on-chain governance, which means exchanges are free to integrate with the platform. However, the company thanked the “commitment, passion, expertise, and engagement of over 100 independent val

Klaytn, the public blockchain platform developed by Ground X and an affiliate of the major South Korean internet company, Kakao, joined Celo’s Alliance for Prosperity on May 8. Celo has now attracted nearly 80 firms to its alliance, with Celo announcing more than 20 new members earlier this week. Klaytn will now research interoperability between Klaytn and Celo platforms and integrate support for its KLAY token on Celo’s ecosystem. We are excited to announce that Klaytn has j

Bison Trails has announced support for the Celo open network enabling smartphone users to send crypto directly to a phone number instead of a blockchain address. Users will now be able to transfer value using Celo’s stablecoin pegged to the U.S. dollar on the Bison Trails platform. Aaron Henshaw, co-founder and CTO of Bison Trails stated: “Bison Trails has strong relationships with the Celo team: we’re members of the Celo Alliance for Prosperity and are very familiar with Cel

Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups. With its new phase announced on March 20, the initiative is reportedly backed by more than 80 companies, venture firms, experts and individuals. CeloCamp aims to help decentralized technology entrepreneurs, speeding

C Labs, a cryptocurrency payment startup, has hired Jai Ramaswamy, the former United States Government Official, to oversee the company’s compliance strategy. On November 26, it has been reported that Ramaswamy had joined C Labs, the company that responsible for Celo, which is an open platform that makes financial tools accessible to anyone with a mobile phone. Congrats to @CeloHQ – Jai has just the right mindset and experience to help the team forge ahead and innovate amidst