dYdX surpasses Uniswap in daily trading volume following move to Cosmos
The decentralized exchange (DEX) dYdX has recently surpassed Uniswap, a long-standing leader in the sector, by recording the highest daily trading volume, according to CoinMarketCap data. This achievement marks a significant milestone for dYdX, especially after its strategic migration from the Ethereum blockchain to the Cosmos ecosystem. dYdX’s strategic move to Cosmos dYdX’s transition to […]
High-Severity CosmWasm Vulnerability Impacts Over 20 Cosmos Ecosystem Chains
The Cosmos ecosystem, known for its interoperability and scalability in blockchain technology, has encountered a significant setback. A high-severity security vulnerability was recently discovered in the CosmWasm smart contract platform, a crucial component of the Cosmos ecosystem. The flaw posed a serious threat to the network’s stability, with the potential to disrupt the confirmation of […]
ATOM Accelerator DAO Enhances Cosmos Ecosystem through Community-Driven Initiative
The Cosmos community has approved a significant allocation of over 975,000 ATOM tokens to establish the ATOM Accelerator DAO (AADAO), marking a major step forward in the evolution of the Cosmos ecosystem. The initiative is poised to create a long-lasting, community-owned organization dedicated to nurturing and advancing the Cosmos Hub and its native ATOM token. […]
Osmosis and UX Chain eye consolidation in Cosmos ecosystem
Cosmos-based decentralized exchange Osmosis and lending protocol UX Chain have unveiled a merger proposal that could reshape the Cosmos DeFi landscape. If approved, this consolidation would see the integration of UX Chain’s lending logic and algorithms with Osmosis’ decentralized exchange (DEX), creating a comprehensive DeFi hub. Integration of codebase: A pivotal first step The collaborative […]
Cosmos proposal 848 leads to the creation of a new AtomOne network
In a landmark decision that has sent ripples through the cryptocurrency community, Jae Kwon, the co-founder of Cosmos, has announced the creation of a new network, AtomOne ( ATOM1). This development comes in the wake of the controversial approval of Proposal 848 by the Cosmos community. The proposal, which set the maximum inflation of the […]
Binance Labs and CoinFund invest $10 million in Neutron smart contract blockchain for the Cosmos ecosystem
Binance Labs and CoinFund, prominent venture capital companies, have joined forces in a groundbreaking $10 million initial investment round to foster the development of the Neutron smart contract blockchain within the dynamic Cosmos ecosystem. This ambitious initiative has garnered significant attention from investors, including Delphi Ventures, LongHash, and Nomad, who recognize its potential for reshaping […]
