Covalent News
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2024
May / 16- Decentralized Confidential Computing Revolutionizes Data Privacy in the Digital Realm
- May 16, 2024 at 03:47 pm
- Decentralized Confidential Computing (DeCC) is a new privacy protocol introduced by Secret Network that offers a more practical approach to privacy in blockchain. Unlike traditional all-or-nothing privacy, DeCC allows users to selectively shield sensitive data while keeping other information public. This sliding scale approach enables privacy-preserving use cases such as scientific experimentation and digital asset ownership. By implementing DeCC, blockchain platforms can provide users with the control and flexibility they need to protect their privacy while still benefiting from the transparency and immutability of blockchain technology.
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2024
May / 02- Covalent Sparks Arbitrum Ecosystem Innovation with $2.5 Million Grant Program
- May 02, 2024 at 09:05 pm
- Covalent allocates a $2.5 million grant to drive innovation within the Arbitrum ecosystem, offering up to $25,000 in API credits to qualified projects. This initiative aims to enhance data availability, fuel collaboration, and empower developers with on-chain data. Covalent's extensive structured data, accessible through APIs, SDKs, and React components, fosters growth and adoption in sectors such as AI, DeFi, and NFTs.
- Crypto Airdrop Hubs: A Comprehensive Guide for Crypto Enthusiasts
- May 02, 2024 at 12:07 am
- Harnessing Cryptocurrency Airdrop Platforms: A Guide to Maximizing RewardsCrypto airdrop platforms are revolutionizing the way users acquire tokens, offering opportunities to receive free assets from innovative blockchain projects. This article explores the top 5 crypto airdrop platforms that are leading the charge, providing a seamless and user-friendly experience for participating in these lucrative events. By leveraging these platforms, enthusiasts can maximize their token earnings and expand their digital asset portfolios, empowering them to navigate the crypto landscape with confidence and unlock rewarding opportunities.
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2024
May / 01- Covalent Expands Network, Launches CQT Buyback Program
- May 01, 2024 at 12:00 am
- In Q1 2024, Covalent's network growth remained strong, with staked CQT increasing from 22% to 29% despite a 20% supply increase. The CQT market cap reached $275 million multiple times, ending the quarter at $199 million. Covalent announced revenue-sharing plans, implementing a CQT buyback program in January, repurchased 219,000 CQT by Q1 end. Additionally, the Ethereum Wayback Machine (EWM) was launched, supporting data availability for Ethereum history, and the network operator set expanded by decentralizing the Block Results Producer (BRP) and adding more validators to the Block Specimen Producer (BSP).
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2024
Apr / 26- Covalent's Token Buyback Surges Past $100K, Driving Web3 Innovation
- Apr 26, 2024 at 11:00 pm
- Covalent's token buyback program has achieved significant growth, surpassing $100,000 in three months. Utilizing revenue from API usage, the program enhances the utility of the CQT token while fostering a sustainable ecosystem. Tokens acquired through revenue are allocated to network operators to support Web3 development in areas such as AI, DeFi, and analytics. This onchain revenue mechanism strengthens the network's financial foundation, aligns stakeholder interests, and ensures the long-term availability of Ethereum data.
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2024
Apr / 23- Bitcoin ETF Inflows Reverse Pre-Halving Trend, Triggering Altcoin Realignment
- Apr 23, 2024 at 02:08 am
- Bitcoin's recent surge, fueled by the hype surrounding Bitcoin ETFs, has led investors to favor Bitcoin over altcoins. However, with Bitcoin's rally showing signs of stagnation, capital is shifting back to altcoins, with analysts identifying five promising options: Chainlink (LINK), Skale (SKL), Covalent (CQT), Sei (SEI), and Arbitrum (ARB). These altcoins, which have witnessed significant declines in value since December 2023, are poised for a potential explosion in growth due to their underlying projects' relevance and practical applications.
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Communtity feeds
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- CRYPTO THRO Nov 21, 2024 at 09:30 pm
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- Crypto Tony Nov 21, 2024 at 09:30 pm
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- Sjuul | AltCryptoGems Nov 21, 2024 at 09:20 pm
And there you go, trade done on $FLOKI. Entered at the bottom, exited at the pico top. Never doubt my Power of 3! x.com/AltCryptoGems/Supernatural powers in action! Nailed $FLOKI, called yesterday and instant 30% pump. Literally from the future with my power of 3 setup! x.com/AltCryptoGems/ -
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- @coingrid.lens Nov 21, 2024 at 09:19 pm
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- Crypto Bratan Nov 21, 2024 at 09:18 pm
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