The decentralized Cosmos exchange Osmosis has been listed as the most actively developed DeFi project in the last month.
Cosmos (ATOM) Crypto News
Cosmos is a decentralized network that focuses on blockchain interoperability, aiming to create an “internet of blockchains” where different blockchains can communicate and interact seamlessly.
It uses the Tendermint consensus algorithm and a proof-of-stake model for network governance. The Cosmos Hub anchors the interconnected network, with ATOM, the native cryptocurrency, powering the ecosystem’s staking, governance and transaction fees.
Cosmos tackles blockchain scalability with its Inter-Blockchain Communication protocol, enabling cross-chain communication and token transfers. The Cosmos SDK allows developers to quickly build custom blockchains that integrate with the network.
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The incentive program will be available to FET stakers starting March 7.
33673Dueling visions from estranged co-founders Jae Kwon and Ethan Buchman could test the limits of decentralization.
13939The blockchains have their origins in Japanese and South Korean messaging systems, but they are looking to become Asia’s biggest Web3 ecosystem.
11355AltLayer has already gone live with its $100 million token airdrop to early users, while two other protocols are planning even bigger drops in the coming days.
15315The dYdX market recorded a trading volume of $757 million, taking the top spot in 24-hour volume.
2125The minimum inflation rate for ATOM could potentially be reduced to 0% per annum.
2635Lolli, NodeKit, and Cumulus Encrypted Storage System are among the latest startups to receive venture capital funding.
5835The amount allocated is down from a budget of $40 million in 2023.
3484DePIN, a rapidly expanding sector with trillions of dollars in market potential, is poised to redefine industries, including telecoms and energy.
19175Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.
20515Bitcoin recaptured a key price level, and a handful of altcoins look poised to breakout.
4036The dYdX crypto exchange published the open-source code for its upcoming Cosmos-based network.
14618nBTC will be usable across more than 50 app-chains connected to Cosmos IBC.
4205Tashi and Swing will integrate Wormhole bridged tokens for USDC, USDT, wETH and others, potentially making Cosmos DeFi easier to use.
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