Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
Tezos Community Prepares for Launch of tzBTC 2.0 on May 27th
The Tezos ecosystem is gearing up for the anticipated launch of tzBTC 2.0 on Monday, May 27, 2024, at 12:00 pm UTC. This development follows a successful keyholder session, where all necessary signatures were obtained, and backup flows were tested.
By: XTZ News
24 May 2024
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
Our articles due not endorse any projects/applications, nor due they constitute any financial advice. They are provided to simply inform our readers with readily available information that has been provided elsewhere.
The Tezos ecosystem is gearing up for the anticipated launch of tzBTC 2.0 on Monday, May 27, 2024, at 12:00 pm UTC. This development follows a successful keyholder session, where all necessary signatures were obtained, and backup flows were tested.
tzBTC 2.0 is in the final stage before launch 🚀 . The service will start on Monday, 27 May 2024 at 12 noon (UTC). The countdown is running ⏳
Roman Schnider, the former Tezos Foundation president who is now involved in tzBTC provided updates on the progress through a series of tweets. On May 22, 2024, Schnider announced, “Today’s keyholder session concluded successfully. All necessary signatures were obtained. We successfully tested the backup flow that can be used by the tzBTC keyholders.” This indicates that the project has met crucial milestones leading up to its launch.
The revised tzBTC website is now live, offering access to detailed information and services related to the BTC-tzBTC Bridge. Interested users can visit tzBTC.io and get.tzbtc.io for further details. On May 23, 2024, Schnider emphasized that the launch would begin in a beta phase, limiting the amount of BTC and tzBTC in the automated setup to minimize risks. “We are launching tzBTC on the mainnet in beta first. Beta limits the number of BTC / tzBTC in the automated setup to minimize the risk,” he stated.
Participation in tzBTC 2.0 requires Know Your Customer (KYC) verification. On May 23, 2024, Schnider explained, “KYC is a prerequisite for participation. LEXR Finance and Sumsub will guide you through the process. Terms and conditions (as well as country restrictions) can be found here: https://get.tzbtc.io/terms.html.” This step ensures compliance with regulatory standards and enhances the security of the platform.
Transaction fees for users will be limited to gas fees. The initial costs for KYC and service providers are being covered by the Tezos Foundation, as mentioned by Schnider on May 23, 2024: “User fees are limited to transaction fees (gas). Costs for KYC and for service providers were covered by the Tezos Foundation for this first phase.”
As the launch date approaches, the Tezos community is encouraged to familiarize themselves with the updated information on the tzBTC platform. This initiative marks a significant step in integrating Bitcoin with the Tezos blockchain, promising enhanced functionalities and broader use cases for both ecosystems.
For more details on tzBTC 2.0 and to stay updated with the latest announcements, visit tzBTC.io.
As electric vehicles (EVs) become more prevalent, Werenode is leading the charge by revolutionizing the EV charging infrastructure through blockchain technology. By leveraging Tezos and Binance blockchain technology, Werenode aims to simplify the EV charging process, ensuring secure, transparent, and immutable transactions. Their approach tackles key challenges in the industry, such as network fragmentation, interoperability, and complex payment systems.
The Tezos ecosystem is gearing up for the anticipated launch of tzBTC 2.0 on Monday, May 27, 2024, at 12:00 pm UTC. This development follows a successful keyholder session, where all necessary signatures were obtained, and backup flows were tested.
The Tezos wallet app for Ledger devices has been updated to version 3.0.3, introducing several significant enhancements that streamline the user experience and increase transaction security. This latest update offers important improvements designed to facilitate safer and more efficient interactions with the Tezos blockchain.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
Our articles due not endorse any projects/applications, nor due they constitute any financial advice. They are provided to simply inform our readers with readily available information that has been provided elsewhere.
Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.
As electric vehicles (EVs) become more prevalent, Werenode is leading the charge by revolutionizing the EV charging infrastructure through blockchain technology. By leveraging Tezos and Binance blockchain technology, Werenode aims to simplify the EV charging process, ensuring secure, transparent, and immutable transactions. Their approach tackles key challenges in the industry, such as network fragmentation, interoperability, and complex payment systems.
The Tezos wallet app for Ledger devices has been updated to version 3.0.3, introducing several significant enhancements that streamline the user experience and increase transaction security. This latest update offers important improvements designed to facilitate safer and more efficient interactions with the Tezos blockchain.
The Tezos Foundation and Magic, the Wallet-as-a-Service provider, have announced a groundbreaking collaboration aimed at revolutionizing the accessibility and usability of Web3 technologies. This strategic partnership will utilize the pioneering decentralized Tezos blockchain and marks a significant milestone in the journey towards a more inclusive and user-friendly decentralized web experience.
