Sunday, January 29, 2023
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Telos raises $8M funding before EVM launch to avoid token sales

Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives.Telos aims to redirect the recently secured capital on the platform’s development and

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Several Top Brands Tap Telos for Building Real-World Blockchain Applications

Compared to the “big blockchains” on the market, Telos differentiates itself across multiple segments. With a transaction per second throughput of 10,000 TX, it scores much higher than other ecosystems.The blockchain ecosystem has grown more competitive than ever before. Numerous chains are competing for traction, yet it is always worthwhile

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Telos to Use Blockchain for Food Assistance Platform

[sociallocker id="55298"] EOS-based blockchain platform Telos has announced a partnership with virtual card provider All_EBT to scale the firm’s service for food assistance programs.The partnership will see Telos’ blockchain used to facilitate payments between All_EBT’s stakeholders in food assistance and public welfare. All_EBT is backed by Draper Associates, EOS, and Facebook,

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Telos Foundation Removes Board Member After Security and Centralization Disputes

The Telos Foundation — the organization behind smart contract platform Telos (TLOS) — has taken action against two of its board members following a network security controversy.Telos is a platform that supports the creation of decentralized applications (DApps) and decentralized autonomous organizations (DAOs) running on EOS.io, the software underlying

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