May
Last updated
Last updated
The past month was exhilarating for Scallop, filled with significant milestones and thrilling events that propelled us forward in cryptocurrency. Join us in this latest edition of “Keeping up with Scallop” as we look back at all that happened at Scallop in May.
One of the most exciting developments was listing $SCLP on BKEX, a cutting-edge digital asset trading platform catering to professional users worldwide. This listing opened up a world of new trading opportunities for the Scallop community, providing them with an enhanced trading experience.
We participated in another remarkable event, the Blockchain Economy Summit in Turkey. As the largest blockchain gathering in Eurasia and the 7th edition, the summit attracted participants from over 80 countries. It brought together the best and brightest in the crypto industry. During the event, we networked with our industry peers and discussed what was new and upcoming in the blockchain.
On Mother’s Day, we honoured the real-life superheroes in our lives: our incredible mothers. We created a touching video highlighting mothers’ significance and the countless sacrifices she makes to keep us happy and thriving. Watch the video (if you haven’t already) and tell us in the comments what special quality you admire the most in your mom!
With our Scallop app, we’re determined to simplify their lives by simplifying financial management and providing a convenient payment solution for their daily needs. We want to empower the Moms to focus on what truly matters — their families — while we care for the rest. Because every superhero deserves a little help along the way.
We also hosted three Ask Me Anything (AMA) sessions in May, providing invaluable insights and a competitive edge to both investors and crypto enthusiasts. These AMAs allowed participants to interact directly with industry experts, ask pertinent questions, and unlock priceless insights. The AMAs:
We delved deep into thought-provoking discussions about the latest crypto trends and updates, equipping investors with the knowledge needed to make informed decisions in this dynamic realm.
In addition to these exciting events, we introduced new features and enhancements to their platform. The Scallop wallet underwent rigorous testing and now runs seamlessly, offering:
The ability to send EUR tokens to other 0x or Scallop chain addresses while prioritizing privacy and security.
The in-house developed ZKRoll up algorithm ensures safe transactions
Successfully testing the ERC20 Handlers, Generic Handlers, and Relayers, allowing for secure token transfers between Ethereum, Polygon, and BSC networks.
One of the standout features introduced by Scallop is the biometric bridge, which simplifies token bridging and brings users closer to the world of decentralised finance. This innovative feature revolutionizes token bridging, offering users seamless transactions like never before.
If you find yourselves overwhelmed with the terms in the previous section- biometric bridge, ZK — Rollups — do not worry. Read our latest Scallop Learn articles to get complete know-how of Scallop Chain- built on Cosmos and secured by the incredible Biometric Bridge. Imagine having complete digital self-sovereignty and secure data access at your fingertips. It’s a game-changer!
Speaking of security, discover the power of privacy-enhancing technologies like Zero-Knowledge proofs and ring signatures. Read: How do privacy-enhancing technologies ensure anonymity on the blockchain?
Scallop is all for regulations. Learn how we are leading the way in compliance with the introduction of MiCA regulations in the EU.
The highly-anticipated Scallop App update was another highlight of the month. Packed with exciting improvements, including bug fixes, the ability to add addresses to the whitelist, updating contact details, UI fixes, and performance improvements, the update further enhanced the user experience.
Dear Scallop users, did you know that you could add new payees to your account with just a few taps? Make the most of the Scallop app through our latest tutorial -an easy step-by-step video guide, for adding new payees in no time. Just follow along, tap a few buttons, and voila! You’re ready to send money with absolute ease and confidence. Watch the tutorial here.
That wraps up our recap for May! We hope you enjoyed it and discovered the exciting advancements happening in the world of Scallop. Your support and enthusiasm mean the world to us, and we can’t wait to share more incredible moments with you. Until next time, stay tuned and be part of the Scallop journey!
