PANews reported on January 21 that, according to official sources, the Celo Foundation and cLabs will merge into a unified core contribution organization (tentativelyPANews reported on January 21 that, according to official sources, the Celo Foundation and cLabs will merge into a unified core contribution organization (tentatively

Celo: Will announce details of token economics upgrades, potentially including buyback and burn mechanisms.

2026/01/21 21:59

PANews reported on January 21 that, according to official sources, the Celo Foundation and cLabs will merge into a unified core contribution organization (tentatively named: Celo Core Co.). This reorganization aims to accelerate the delivery and speed of the Celo platform by 2026, improving its synchronicity with market demands. Furthermore, details of the CELO token economics upgrade (including potential buyback and burn mechanisms) will be released soon.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

‘Minimum $15 Price Surge Target’ Predicted For Ripple’s XRP as Sentiment Bottoms

‘Minimum $15 Price Surge Target’ Predicted For Ripple’s XRP as Sentiment Bottoms

Ripple's XRP showed signs of stabilizing on Thursday following a sharp, market-wide sell-off earlier this week.
Share
Coinstats2026/01/30 03:07
Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44
Why Even Great Restaurants Are Closing In 2026

Why Even Great Restaurants Are Closing In 2026

The post Why Even Great Restaurants Are Closing In 2026 appeared on BitcoinEthereumNews.com. The plight of restaurants in the UK and US in 2026 Lela London I am
Share
BitcoinEthereumNews2026/01/30 03:25