Tezos (XTZ) price surges following DAO framework announcement and Grayscale rumours

New York-based tech company TQ Tezos has announced Homebase—a new project that allows Tezos (XTZ) users to easily set up and interact with decentralized autonomous organizations (DAOs) to establish a community governance structure. The price of XTZ reacted quite positively to the news, surging by over 20% today on the heels of the announcement—up to…

Staking Polkadot (DOT) just became easier for institutions

Crypto custodian Fireblocks has announced the launch of new proof-of-stake capabilities on its platform, enabling its 165 enterprise and institutional clients to stake cryptocurrencies. The service rolled out with support for Polkadot (DOT), Tezos (XTZ), and Ethereum 2.0 (ETH) and promises a yield increase ranging between 5 and 15 percent. Fireblocks users can now stake…

This stablecoin project just moved from Ethereum to Tezos; here’s why

Stably announced its collaboration with the Tezos ecosystem in a release this week. The move will bring the USD-backed stablecoin, USDS, to the latter. From Ethereum to Tezos Stablecoin development project Stably said in a release that its USD-pegged stablecoin, USDS, will be issued and deployed on the Tezos blockchain. The latter is a decentralized,…

Tezos “Delphi” upgrade goes live with faster transactions and lower fees

Here’s why DeFi has struck a crippling blow to tokens like Tezos (XTZ) Throughout late-2019 and early-2020, protocol tokens with staking mechanisms garnered significant support amongst users, with tokens like Tezos (XTZ) drawing in massive inflows of investor capital due to lucrative monthly rewards. 2 min read →