Covalent Acquires Vancouver Blockchain Startup Byzantine Labs

VANCOUVER, December 3rd, 2020 – Fresh off of their oversubscribed funding round of $3.1m from top-tier cryptocurrency investment firms, Covalent, a leading blockchain data analytics provider, is acquiring Byzantine Labs, a blockchain startup incubator and consultancy based in Vancouver, BC for an undisclosed amount. The Byzantine Labs team will be joining Covalent’s product and engineering departments. Click below for the full press release.

Covalent Acquires Vancouver Blockchain Startup Byzantine Labs

Dec 3, 2020

Click here for the full press release.

About Covalent

Covalent provides the industry-leading Unified API bringing visibility to billions of Web3 data points. Developers use Covalent to build exciting multi-chain applications like crypto wallets, NFT galleries, and investor dashboard tools utilizing data from 26+ blockchains. Covalent is trusted by a community of 15,000+ developers and powers data for 500+ applications including 0x, Zerion, Rainbow Wallet, Rotki, Bitski and many others.

Niall Yorke

Product, Covalent

Spotlight

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Open Sourcing a Critical Component of the Covalent Network: The Block Specimen

by niall on Jan 26, 2022

TL;DR:

Covalent is excited to ship 4 brand new products:
- a new whitepaper specification for the “Block Specimen”, a novel invention to securely extract data from blockchains with cryptographic proofs
- an open-source reference implementation of the Block Specimen (a set of patches atop the popular Ethereum client Geth)
- the Covalent Network roadmap
- a set of imagery as wallpapers to celebrate the Covalent Network progress
To date, no one has addressed the read scalability issue in Web3. The Block Specimen presents a unified, canonical schema that can be applied across multiple blockchains.
With the reference implementation now open-source, we expect to see broad adoption of the specification across blockchain ecosystems.
The first phase of the Covalent Network, which includes CQT single-sided staking, is expected to go live at the end of Q1 2022.

Company

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2021 annual report – fourth year in at Covalent

by on Jan 9, 2022

We started working on Covalent over 4 years ago. Looking back, we’ve never wavered in our resolve to build the best approach to understanding blockchain data. It’s gratifying to see the market starting to understand and appreciate our unique approach and philosophy. Here’s a letter I shared with our stakeholders highlighting the key moments that defined Covalent over the last twelve months.

Events

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How to Connect and BUIDL with Covalent at ETHDenver

by melissa on Jan 27, 2022

Covalent is excited to announce that we will be Cypher Sponsors at ETHDenver, which is running from February 11-20, 2022. Our unified API allows developers to build faster and easier using the richest blockchain data from over 28 blockchains. Developers can build entire dApps with just one or two endpoints.

Ecosystem

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Moonbeam Integrates with Covalent, Bringing Data Accessibility to the Platform

by melissa on Jan 31, 2022

VANCOUVER, February 2, 2022 - Covalent, the leading provider of indexing and querying solutions for blockchains, is excited to announce the integration of Moonbeam, the Ethereum-compatible smart contract platform on Polkadot.

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