Cosmos developers bring IBC to Ethereum in landmark interoperability test
Cosmos developers are working to extend the Inter-Blockchain Communication (IBC) protocol to Ethereum.
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Cosmos developers are working to extend the Inter-Blockchain Communication (IBC) protocol to Ethereum.
Cosmos developers are advancing efforts to enhance the Inter-Blockchain Communication (IBC) protocol by extending its capabilities to Ethereum.
Cosmos's development team has successfully conducted the first Inter-Blockchain Communication transaction directly between Cosmos Hub and Ethereum.
TL;DR IBC Evolution: Cosmos developers unveiled the “Eureka” IBC upgrade (IBC-go v10) that paves the way for native Ethereum interoperability, enabling seamless asset and data transfers. Milestone Test: Interchain Labs successfully tested an IBC transaction from Cosmos Hub to Ethereum, marking a crucial step toward robust cross-chain functionality.
The development is part of the Eureka upgrade for Cosmos ecosystem, which is expected to release this year.
Nubank, a Latin American financial bank backed by Warren Buffett's Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement.
The Interchain Foundation, part of the Cosmos ecosystem, has announced the open-sourcing of Evmos, establishing it as the network's native Ethereum Virtual Machine (EVM) framework.
The Interchain Foundation has funded the open-sourcing of evmOS—now branded Cosmos EVM—as the standard Ethereum Virtual Machine framework for the Cosmos ecosystem.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
TL;DR Interchain Integration: The ICF has open-sourced Evmos, now rebranded as Cosmos EVM, integrating EVM compatibility directly into the Cosmos SDK to streamline cross-chain communication between Ethereum and Cosmos. Developer Empowerment: Released under the Apache 2.0 license, Cosmos EVM enables developers to easily incorporate Ethereum features, Ethereum wallets, and native ERC-20 tokens.
This integration strengthens interoperability between the EVM ecosystem and Cosmos, particularly through the IBC protocol.
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Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience.
The cryptocurrency market remains largely in a consolidation phase, led by Bitcoin (BTC), which is pushing to make a decisive break above the $85,000 resistance while targeting the $90,000 mark.
Cosmos price rose for five consecutive days and reached its highest level since March 3 as demand and futures open interest rose. Cosmos (ATOM) jumped to a high of $4.
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.
Are you keeping an eye on Cosmos (ATOM) and searching for the next big crypto opportunity? With its recent price action and new developments in the market, now could be a great time to explore high-potential investments.
Cosmos (ATOM) may be ready for its next uptrend as several key technical indicators suggest the possibility of a price rebound. After a significant downtrend, ATOM has recently shown signs of recovery, with multiple signals from the market reinforcing the idea that the asset could soon experience a surge in value.
ATOM's price action might be in for major changes soon.
The Cosmos ecosystem is becoming a hub for Real-World Assets (RWAs) with the recent announcement of Ondo Finance's new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain. Ondo Chain was revealed at the Ondo Summit in New York, which featured a surprise closing speaker, Donald Trump Jr.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.
Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.
The crypto market capitalization pushed above $3.50 trillion on Thursday after rising 2.29%, an increase of over $150 billion in 24 hours. Bitcoin (BTC) continued its upward trajectory, briefly reaching $102,000 before a marginal drop to its current level of $101,482.