Chainlink Supporter Deutsche Telekom Has Quietly Started Staking on Blockchains

Deutsche Telekom’s T-Systems MMS is now a public validator on Celo via its Open Telekom Cloud infrastructure. The United States-based venture capital fund Andreessen Horowitz (a16z) has picked T-Systems MMS validator group, a subsidiary of Deutsche Telekom, to delegate its native Celo (CELO) assets.According to a notice on Deutsche Telekom's website on Tuesday, T-Systems MMS is running the validator nodes via the company's Open Telekom Cloud which reportedly delivers robust security capabilities.As previously reported by Cointelegraph, Deutsche Telekom invested in Celo back in April,....

Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance.The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic investment fund, the Telekom Innovation Pool, Celo announced Tuesday. The firms did not specify the size of the investment.In conjunction with the investment, Deutsche Telekom has joined the global Celo Alliance for Prosperity —....

Chainlink, the leading player in the decentralized Oracle network sector, has officially announced the launch of Chainlink Staking v0.2, slated for this year. This update is a significant step forward from the previously launched v0.1 version, offering enhanced features and broader participation avenues for the Chainlink community. According to the announcement on X, the v0.2 […]

The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations. Mike Novogratz’s investment management firm Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup.According to Bloomberg on Monday, Galaxy Digital joined investors like Anchorage and Bonfire Ventures in a Series B funding round led by Senator Investment Group and Liberty City Ventures.The company is now reportedly worth about $500 million following the fresh injection of investment capital.....

Following the release of its staking roadmap, Chainlink’s LINK native token performed quite impressively. First, it released its long-awaited roadmap revealing various phases it will go through. Recently via blog post on its official website, Chainlink cited “Chainlink Economics 2.0.” The blog highlighted the aim to implement crypto staking to scale the network. While doing so, the post emphasized that the data oracle is planning to collaborate and accept other blockchains to offer “growth and security.” New Staking Roadmap Dubbed Chainlink Economics 2.0 Staking the LINK token has been a....