Tezos

Tezos ($XTZ) is known as the “self-amending blockchain.” Developed in 2018 by a husband and wife co-founder duo, the blockchain seeks to allow anyone who owns its currency (XTZ) to vote on possible changes to its rules. When the changes are agreed upon, the software automatically updates to ensure changes are made. This process differs from that of other blockchains adopting off-chain governance. Tezos was developed in hopes of reducing forking, meaning the creation of two separate cryptocurrencies on a blockchain with two distinct prices.

Baanx has raised $20 million in a Series A funding round led by Ledger, Tezos, Chiron and British Business Bank.

Baanx raises $20 million Series A led by Ledger and Tezos

Bitcoin

Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the $27,500 level on Tuesday. Ethereum (CRYPTO: ETH), meanwhile, moved lower, trading below the key $1,600 mark this morning.

Bitcoin Edges Higher; Tezos Emerges As Top Gainer

The 24-hour trading volume for Tezos' native token XTZ jumped more than seven times its monthly average amid the latest rally.

Tezos Jumps 7% on South Korean Volume Spike, Futures Liquidations

The expansion follows Tezos' “Mumbai” upgrade earlier this year.

Crypto Platform Fireblocks Expands Institutional Access to Tezos

Tezos (CRYPTO: XTZ) is a smart contract platform that doesn't tend to get as much attention as the other main layer 1 chains like Ethereum (CRYPTO: ETH), Cardano (CRYPTO: ADA), Solana (CRYPTO: SOL), etc. This is despite it having beaten most of the layer 1 chains to both proof-of-stake and on-chain governance, while also being competitive in terms of throughput and fees.

Tezos Price Action And The Crypto Bear Market

Champ Medici partnered with Tezos last year to form a $1 million arts fund to encourage Web3 musical and artistic creation.

Tezos Foundation, Champ Medici announce first cohort of $1 million arts fund grantees

Ether

Tezos generative art platform fxhash is expanding to include Ethereum, marking its evolution into a multichain model.

Generative Tezos Art Platform fxhash Adds Ethereum in Multichain Push

‘Nairobi' is the blockchain's fourteenth upgrade.

Tezos Set to Become 8 Times Faster After 'Nairobi' Upgrade

With governments and public institutions eyeing blockchain technology as a means to enhance transparency, accountability and efficiency, Arthur Breitman, co-founder of Tezos blockchain, has highlighted blockchain's potential in emerging markets, touched upon the unique capabilities of Tezos and addressed the prospects of collaboration with government entities. In an interview with Benzinga on the sidelines of the Oxford Blockchain conference, Breitman also discussed the prospects and challenges of integrating blockchain technology into government systems.

EXCLUSIVE: Blockchain To Supercharge Governments Into Hyperefficiency, Says Tezos Co-Founder Arthur Breitman

Formula 1's crypto presence shrank in recent months, but the pool is growing again as Kraken teams up with Williams Racing.

F1 Team Adds Crypto Sponsor in Kraken After FTX, Tezos Exits

“LeeMullican.PCX” captures the late artist's transition from palette knife to mouse and stylus when he was in his late 60s.

Painter Lee Mullican's Pioneering 1987 Digital Art Released via Tezos NFTs

Though Tezos' native token XTZ has been hit the worst by bearish price action, several other notable layer-1 tokens are also down.

Tezos Token XTZ Leads Weekly Losses With 20% Drop

Google Cloud, the remote services division of the software giant, has announced a partnership with blockchain company Tezos to become a block validator (“baker”) in its network. As part of this partnership, Google Cloud will also offer Tezos validation services through its platform, allowing easier deployment for customers worldwide.

Google Cloud to Become Tezos Validator and Offer Validation Services

Smart contract platform Tezos (XTZ) is running up on news that the project has formed a partnership with tech giant Google.

Tezos (XTZ) Rallies After Reveal of Partnership With Tech Giant Google

Google Cloud is set to join the ranks of validators on the Tezos (CRYPTO: XTZ) network, a blockchain platform, to enable its corporate clients to build Web3 applications on the network by deploying Tezos nodes. This is not Google Cloud's first foray into the blockchain space.

Google Cloud Gets Deeper Into Crypto, Set To Deploy Tezos Nodes And Become Validator

The tech giant is already a validator for Solana and Aptos and now has a Web3 fan at the helm of YouTube.

Google Cloud Broadens Web3 Slate By Joining Tezos ‘Bakers'

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 22, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Google Cloud Joins Tezos

Google Cloud, the cloud division of the search engine giant Google, will serve as a validator on the proof-of-stake blockchain Tezos.

Tezos signs up Google Cloud as a validator on its blockchain

Google Cloud's corporate customers will be able to deploy Tezos nodes in order to build Web3 applications on the network.

Google Cloud to Become Validator on Tezos Network

Rarible's aggregation tool will now support NFTs from marketplaces such as Objkt and Teia to support creators and collectors who favor the eco-friendly blockchain.

NFT Marketplace Rarible Expands Aggregation to Tezos

Cardano

The staking service is the latest from challenger bank Revolut in its ongoing push to make inroads in the crypto industry.

Revolut Launches Crypto Staking for Ethereum, Cardano, Polkadot, and Tezos

The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in the future.

California DMV Is Putting Its Titles on the Blockchain

Algorand

The cryptocurrencies that performed the worst this week are the following altcoins.

Weekly Cryptocurrency Market Analysis: Altcoins Hit Price Lows And Continue Consolidation

Crunchy, a popular DeFi development team on Tezos (CRYPTO: XTZ), announced the development of the blockchain network's first decentralized fractional NFT platform, sliced.art. .@CrunchyTez , the team behind one of the most popular Tezos-based DeFi platforms is developing the first decentralized fractional NFT platform on #Tezos.

Tezos Announces Sliced.art, Its First Decentralized Fractional NFT Platform

Tezos co-founder Kathleen Breitman talks about how the Tezos blockchain has used a proof-of-stake mechanism since its inception, her admiration for Tendermint, Ethereum and sharding, progressive decentralization, and NFT gaming with Decrypt's Stephen Graves onstage at Web Summit in Lisbon.

News for Tezos Crypto (XTZ)