Cosmos' Osmosis Chain and UX Chain Proposes Merger
Osmosis, the leading decentralized exchange on Cosmos, and lending protocol UX Chain (formerly Umee) have put forward a merger proposal within the Cosmos ecosystem.
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Osmosis, the leading decentralized exchange on Cosmos, and lending protocol UX Chain (formerly Umee) have put forward a merger proposal within the Cosmos ecosystem.
The Osmosis and UX Chain DEXes are planning to merge. ATOM may benefit from it.
A widely followed crypto strategist believes big rallies are imminent for a trio of altcoins including Cosmos (ATOM) and Gala (GALA). Pseudonymous analyst Kaleo tells his 608,200 followers on the social media platform X that he believes a strong breakout rally is in sight for the native asset of the interoperable blockchain Cosmos.
Osmosis, the largest decentralized exchange by trading volume in the Cosmos ecosystem, will merge with Umee's cross-chain lending UX Chain.
Juliano's dYdX switched from Ethereum to Cosmos in one of the year's biggest blockchain defections. The project has big plans for 2024.
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.
The merger proposal includes integrating UX Chain's lending logic with Osmosis' decentralized exchange to form a comprehensive DeFi hub.
ATOM's price rose marginally in the last 24 hours. Market indicators looked bearish, but social metrics were positive.
Atomicals Market recognized as a significant entity in the marketplace and browser arena for Atomicals and ARC-20 tokens, has recently encountered a substantial security breach. The platform experienced a considerable loss of 33,000 ATOM tokens, attributed to the deployment of an insecure signing method, specifically SIGHASH_NONE | ANYONECANPAY.
Turbofish, a key contributor to Nomic, has revealed an impending interchain upgrade to Nomic. This non-custodial Bitcoin (BTC) bridge's upgrade promises to drastically enhance interoperability, facilitating Cosmos' decentralized finance (DeFi) users to access vital digital asset DeFi protocols like Osmosis seamlessly.
Avalanche (AVAX) and Cosmos (ATOM) Face Limited Growth as a New Crypto Star Emerges Amidst restrained growth for established altcoins Avalanche (AVAX) and Cosmos (ATOM), a rising crypto contender has stepped into the spotlight, poised to disrupt the DeFi space. Let's delve into the recent developments influencing AVAX and ATOM, and explore the emergence of VC Spectra (SPCT) as a defining force in the 2023 crypto market.
Stablecoin company Circle says that USDC is now more accessible following the launch of the Cross-Chain Transfer Protocol (CCTP) on the Cosmos (ATOM)-based blockchain Noble.
John Galt, Head of Strategy at Stride, recently revealed that the Interchain Foundation (ICF) holds a significant 1.6% stake in Celestia (TIA), currently valued at $70 million, in addition to its $125 million holdings in Cosmos (ATOM).
Navigate the world of cross-chain USDC movements with CCTP, unlocking a network for seamless transfers across major blockchains.
Circle has moved its cross-chain transfer protocol (CCTP) to mainnet on Noble, allowing USDC to be natively minted within Cosmos' inter-blockchain communication protocol (IBC).
The dYdX Chain, now operating on the Cosmos-based Layer 1 platform, has recently taken a significant step forward by initiating trading rewards for validators and stakers. This development comes after the full trading launch of the decentralized derivatives trading protocol.
In a groundbreaking move, Cosmos co-founder Jae Kwon has decided to fork the Cosmos Hub, the central chain of the Cosmos network, following a contentious governance proposal. The proposal, known as Proposal 848, gained approval, setting a 10% cap on the maximum inflation of Atom, the native token of the Cosmos Hub.
In a surprising turn of events, Cosmos founder Jae Kwon has taken a stand against a recent vote to reduce ATOM production, leading to plans for a hard fork named AtomOne. This article delves into the details of the governance dispute, the implications of the production reduction vote, and the ambitious proposal for a new autonomous network, AtomOne.
Cosmos co-founder Jae Kwon has split ATOM after years of infighting and accusations that the community is conspiring against him. After the community passed a proposal to crimp inflation on Cosmos, Kwon announced AtomOne, a minimal fork of the Cosmos Hub application.
Co-founder Jae Kwon has announced his intentions to fork the chain. This has brought about bearish sentiments that have led to low demand for ATOM.
A widely followed crypto strategist thinks that the interoperable blockchain ecosystem Cosmos (ATOM) is primed for a move up. Pseudonymous analyst Kaleo tells his 606,800 followers on the social media platform X that he's bullish on ATOM as he believes that the altcoin is “due for a squeeze.” “I'm long.
Cosmos co-founder Jae Kwon has long felt that the protocol's community is conspiring against him. Now, he may be leaving it for good.
Cosmos (ATOM) founder Jae Kwon is forking the interoperable blockchain following a successful governance proposal to put a 10% cap on ATOM inflation. Proposal 848, which was largely based on the idea that ATOM is overpaying for its security, brought down inflation from roughly 14% to 10%, and also lowered staking rewards.
In a bold move, Cosmos co-founder Jae Kwon has called for a significant shift in the blockchain's direction following the controversial passing of NWV #848. This proposal was approved by the community's voting mechanism, earning around 40% of the votes, and it was aimed at changing the blockchain's native token inflation rate.