According to MetaEra, Zhao Changpeng (CZ), co-founder and former CEO of Binance, confirmed that he will attend the 3rd Hong Kong Crypto Finance Forum online on April 8th. The forum will be held at the Hong Kong Convention and Exhibition Centre (HKCEC), focusing on compliance and scale development, hosted by MetaEra, Amber Group, NanoLabs, and others.
Odaily Planet Daily News: The Celo mainnet has initiated the migration process from Layer 1 to Ethereum Layer 2, and Celo block production has been suspended. After migration, Celo runs as Ethereum Layer 2 and supports native Ethereum cross chain bridging, reducing block time from 5 seconds to 1 second. Celo stated that the first batch of partners includes Aave, Fireblocks, Uniswap, and Yellowcard.
In the future, Celo's existing validators will be transformed into decentralized sorters to maintain single block finality. (The Block)
Odaily Planet Daily News: According to official sources, Gate Wallet now officially supports Berachain. Berachain is the first layer blockchain (L1) compatible with EVM, which adopts a proof of circulation mechanism to enhance network security and liquidity. This collaboration will provide users with a more convenient asset management experience and promote the development of the Berachain ecosystem.
Celo blockchain has completed its transition to become an Ethereum Layer 2 network.CLabs, the project’s core developer, first proposed the shift from Layer 1 to Layer 2 in July 2023.