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” Ignite CEO announces departure after seven years “ Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has announced he will be leaving the firm. In a Friday tweet to his more than 20,000 followers, Zhong said Friday will be his last day at Ignite,…
“# Gravity Bridge brings Ethereum to the multichain ” On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between the Ethereum (ETH) and Cosmos blockchains….
“# Liquid staking protocol pSTAKE raises $10M from notable cryptocurrency venture capital firms and angel investors ” On Tuesday, pSTAKE, a liquid staking protocol from decentralized finance (DeFi) platform Persistence, announced in a statement provided to Cointelegraph that it had closed a $10 million strategic funding round from venture capital firms. Tendermint, the core developer…
“# ‘We’ll see about 200 chains connected through Cosmos’ IBC next year,’ says Tendermint CEO Peng Zhong ” Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM)…
“# Sommelier partners with Mysten Labs to launch Cosmos smart contracts ” Sommelier, a co-processing protocol to the Ethereum Virtual Machine, or EVM, has today announced a research and development partnership with Mysten Labs to increase liquidity transaction speeds and launch smart contract applications on the Cosmos blockchain. Founded in 2020 by Zaki Manian, a…
“# 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…