OmiseGO News

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

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

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

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

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

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

The launch of support for OmiseGo sees an 80% trading premium, a sudden price breakout and renewed accusations of insider trading.

Omise Holdings, parent company of OmiseGo, now goes by the name SYNQA.

Previously touted as the holy grail of Ethereum scalability, Plasma’s significant weaknesses appear to have made the developers quietly drop the technology.

OmiseGo, a finance-oriented scaling network for Ethereum, has become a member of Universal Protocol Alliance, a coalition of blockchain and cryptocurrency-focused firms.

California-based crypto wallet service Abra will restrict U.S. users from holding EOS and other altcoins in August.

Decentralized credit and loans: better for borrowers and better for the economy.

Hasegawa Jun, the founder of Omise — the company behind OmiseGo (OMG) — denied the recent acquisition rumors.

Ethereum-based payment platform OmiseGo partnered with a Singapore firm behind a popular ride hailing app to develop a Proof-of-Concept and promote blockchain tech.

Ethereum cofounder Vitalik Buterin has partnered with OmiseGO to donate $1 mln in ERC20 tokens to African charity GiveDirectly.