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“# Polkadot and Cosmos connect as Plasm and Secret Network release bridge MVP ” Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol. The bridge, deployed on Tuesday on Plasm’s testnet, allows…
“# Kava launches Hard V2 to become first full lending protocol in the Cosmos ecosystem ” Kava, a DeFi-centric blockchain project built on the Cosmos SDK, has announced the concurrent release of Kava 5.1 and Hard Protocol V2, which marks the full launch of two-sided lending markets on the Kava blockchain. The Kava 5.1 upgrade…
“# Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi ” The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains. Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains. The feature, which has been…
“# Bison Trails launches staking and node services for Cosmos ” Blockchain infrastructure firm BisonTrails has launched support for the Cosmos ecosystem, allowing its clients to stake and run nodes for blockchain ecosystem Cosmos. BIson Trails offers services to simplify the process of participating in blockchains, such as staking and running full nodes. The firm’s…
“# Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades ” Bitcoin’s (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are fighting to hold the gains they’ve accrued since the start of the year. Two exceptions to the current downturn…
“# Top 5 cryptocurrencies to watch this week: BTC, AAVE, ATOM, NEO, VET ” The Purpose Bitcoin (BTC) exchange-traded fund debuted on the Toronto Stock Exchange on Feb. 18 and has quickly ramped up trading volumes of about $400 million worth of shares in two days. This is quite impressive, considering that the equity market…
“# Cosmos launches Stargate, paving the way for interoperable DeFi applications ” After months of development, the Cosmos (ATOM) project has launched the Stargate update, which includes the highly anticipated Inter-Blockchain Communication protocol, or IBC. Announced on Thursday, the Stargate upgrade includes a series of improvements to the Cosmos protocol and its Software Development Kit….
“# Cosmos price spikes to a new all-time high as ‘Stargate’ upgrade approaches ” The price of Cosmos’ ATOM has increased 240% since the beginning of February as excitement builds for the approaching Stargate upgrade on Feb. 18 that will help connect all Cosmos-based chains together using Inter-Blockchain Communication (IBC). Data from Cointelegraph Markets and TradingView…
“# ATOM rallies 100% in a week: What’s behind the rerating of Cosmos? ” ATOM, the native cryptocurrency of the Cosmos blockchain protocol, has rallied by over 100% in the past week. Analysts are attributing the rally of ATOM to two major fundamental factors. First, in recent weeks, layer one blockchain protocols, like Avalanche (AVAX)…
“# Perceived centralization could kill PoS networks: ShapeShift report ” A new report suggests that Cosmos, Polkadot and NEAR could fail to take off if they are perceived to have an issue with centralization — as the example of EOS demonstrates. Non-custodial crypto asset exchange ShapeShift has published a report predicting that Proof-of-Stake scalable smart…