News with the tag "Tezos"

The cryptocurrency market exhibited continued volatility on Monday, February 10, as market sentiment remained uncertain. Bitcoin (BTC) traded around $97,000, experiencing marginal losses, while altcoins such as Ethereum (ETH), XRP, and Solana (SOL) struggled to gain traction. The global cryptocurren...

Fraktion – an investment platform built on the Tezos blockchain – raised over $1.1 million in seed round funding to accelerate the development of its platform. The financing was led by numerous strategic investors, including Tezos Foundation, Vox Capital, and Cabrit Capital . Renowned business angel...

Tezos’ Layer 1 ecosystem has notably increased transaction fee revenue. Its revenue rose by 30.4% quarter-over-quarter (QoQ) to 11,100 XTZ in Q4 2024. However, the real star of the quarter was Etherlink, Tezos’ first EVM-compatible smart roll-up. This scaling solution grew by an even larger 44%, hit...

Tezos Layer 1 saw a 30.4% quarter-over-quarter (QoQ) rise in transaction fee revenue, reaching 11,100 XTZ in Q4 2024. Meanwhile, Etherlink, Tezos’ first EVM-compatible smart roll-up, grew even faster, with a 44% quarterly increase, hitting 6,669 XTZ. Despite this, the overall network activity on Tez...

In Q4 2024, Tezos’s Etherlink, the EVM-compatible Layer 2 solution, saw its contract deployments surge by 184%. In Q4 2024, Tezos’s Etherlink, the EVM-compatible Layer 2 solution, saw its contract deployments surge by184%, with over 1,700 new contracts deployed, according to the State of Tezos Q 202...

The crypto market saw some recovery in the past 24 hours after the crash endured on Monday. Bitcoin (BTC) managed to reclaim the $103,000 mark intraday, while leading altcoins like Ethereum (ETH) and XRP also saw recovering price action. Meme coins have mirrored this broader market movement, facing ...

Tezos has successfully implemented its 17th protocol upgrade, Quebec, marking another milestone in the blockchain’s evolution. The upgrade introduces faster transaction speeds, improved staking mechanics, and refinements to token issuance, all aimed at enhancing the blockchain’s functionality and su...

The cryptocurrency market experienced a broad recovery today, with Bitcoin (BTC) surpassing the $97K mark after dipping to a weekly low of $89K. This rebound has reignited optimism among traders, who are now closely watching the release of the U.S. Consumer Price Index (CPI) inflation data, a key ev...

The US tax regulator, the Internal Revenue Service (IRS), has restated its stance on cryptocurrency staking, clarifying that rewards generated from staking activities are taxable as soon as they are received. The IRS added that staking rewards do not constitute new property, and are therefore subjec...

Tezos, a proof of stake blockchain, has unveiled the world’s first decentralised Uranium trading market place dubbed Uranium.io. According to a December 3 announcement , the platform has been deployed on Etherelink, a layer 2 blockchain on the Tezos network. Uranium.io is a decentralized application...