OmiseGO News

Omisego is a cryptocurrency, and decentralized exchange established in Thailand 2013 by Omise company. The cryptocurrency abbreviated as OMG. The project was based on the Ethereum network but moved to its blockchain in 2018. The platform works on an open protocol and easily integrates with other blockchain networks; it scales great, so all the calculations are carried out instantly. Omise offers a range of services to make people avoid using centralized banks: these are currency exchange and asset trading. The platform is protected from double spending and cyber attacks. The company launched a decentralized exchange where only Omisego-HODLers can approve transactions with a proof-of-stake algorithm. Moreover, the company has its crypto wallet with the ability to trade fiat and cryptocurrencies.

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Using proprietary indicators, Cointelegraph Markets Pro crunches real-time data to inform traders before the market moves.

Cointelegraph Markets Pro delivers trading alerts good for 65% gains in a choppy market

2023-03-28T15:09:45+01:00

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BOBA price booked a double-digit gain after a $45 million funding round and developer incentive program lured investors back to the network.

Ecosystem expansion and $45M funding round boost Boba Network (BOBA) price by 30%

Jordan Finneseth

2022-04-05T21:32:58+01:00

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Since hitting a bottom below $3 on July 20, OMG price has hiked 380% and now targets a new multi-year high.

OMG eyes a new all-time high after unveiling its 'Boba Network' layer-2 solution

Jordan Finneseth

2021-10-01T22:05:00+01:00

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Second-layer Ethereum scaling solution OMG Network has been acquired by Hong Kong-based OTC trading firm, Genesis Block.

Hong Kong OTC trading firm acquires OMG Network

2020-12-04T05:50:53+00:00

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According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia.

OMG Network's Parent Company SYNQA Raised $80 Million in Series C

2020-06-22T03:20:00+01:00

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Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work.

Ethereum Second-Layer Scalability Still Needs Work, Says Starkware CEO

Adrian Zmudzinski

2020-06-02T19:21:00+01:00

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Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete.

Buterin Says Ethereum’s Layer-Two Scaling Development 'Basically' Succeeded

Adrian Zmudzinski

2020-06-02T13:45:00+01:00

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Tether has integrated the just-launched OMG Network Plasma sidechain, formerly known as OmiseGo, promising cheaper transactions as Ethereum’s fees skyrocket.

Tether Integrates With Plasma Sidechain to Reduce Load on Ethereum

Andrey Shevchenko

2020-06-01T11:35:00+01:00

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