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Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today's session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing.
Cosmos (CRYPTO: ATOM) has blazed its path in blockchain by approaching the blockchain equation not with a single star blockchain but with its stated "internet of blockchains," with Cosmos hub providing the infrastructure for each team to build its project on a dedicated chain that suits its particular needs. One of their most high-profile use cases is Crypto.com, one of the world's most popular crypto wallets with over 50 million users.
Cosmos co-founder Ethan Buchman announced that a patch would be deployed on all major public Inter-Blockchain Communication (IBC)-enabled chains by tomorrow after they identified a vulnerability that may lead to a potential exploit via a blog post on October 13. The post Cosmos, Osmosis to deploy patch on all major public IBC chains to fix potential exploit appeared first on CryptoSlate.
Cosmos developers have discovered a critical vulnerability in the cosmos ecosystem. According to Ethan Buchman, co-founder of Cosmos, the critical security vulnerability puts all IBC-enabled blockchains at risk.
The vulnerability was discovered during an audit that followed the recent BNB exploit.
All IBC-enabled blockchains are at risk of being exploited by a “critical security vulnerability,” Cosmos co-founder Ethan Buchman announced today.
A public patch fixing the exploit is scheduled to be released tomorrow.
Developers have disclosed a critical software vulnerability within all Cosmos blockchains that run the inter-blockchain communication protocol (IBC), the network's cross-chain messaging and bridge protocol.
Ethereum (ETH), Axie Infinity (AXS), Polygon (MATIC), Chiliz (CHZ) and Cosmos (ATOM) are cryptocurrencies whose price over the next six months are expected to perform better than last six. We look at why this is.
Cosmos' [ATOM] popularity witnessed a surge very recently. According to the crypto analytics platform, CoinGecko, it was among the top cryptocurrencies in terms of trending searches.
Cosmos is “the internet of blockchains.” Built with interoperability at its core, it supports an ecosystem of blockchains connected to each other through its own inter-blockchain communication (IBC) protocol.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After a patterned breakdown, ATOM rallied toward its immediate support range.
With Ethereum's 5.03 percent benchmark, just two blockchains have yielded positively.
The number of users staking ATOM witnessed a massive growth especially in the last 30 days. However, with the FUD over the BNB hack, with ATOM‘s tiny involvement, could impact the stakers revenue and ultimately ATOM's price in the long run.
ATOM price struggles on high timeframes to trend higher despite showing bullish sentiment in recent times. ATOM trades below uptrend support as the price looks bearish with the current market state.
Despite being down 2.74% as of writing, Cosmos (ATOM) still leads gains among top coins in the past week. The internet of blockchains has had its fair share of roses and thorns during the week.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. ATOM consolidates beneath resistance, OI down slightly A bullish breakout could depend largely on a move above $19.6k for Bitcoin The release of the Cosmos Hub Roadmap 2.
Higher realized returns recorded in the first two blockchains
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
According to a recent Bloomberg report, when it comes to staking yields, only two proof-of-stake (PoS) blockchains — Polkadot ($DOT) and Cosmos ($ATOM) — outdo Ethereum ($ETH).
Commodity strategists from Bloomberg say that two altcoins are outshining Ethereum (ETH) when looking at one particular metric. In the latest Bloomberg Intelligence: Crypto Outlook report, analysts Mike McGlone and Jamie Douglas Coutts say that in terms of its fee structure and issuance system, Ethereum enjoys a strong dominance over much of the market.
Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding The Cosmos ecosystem is facing a major potential shift in its development with the recent introduction of the Cosmos Hub 2.0 whitepaper With a continued rollout of liquid-staking solutions and Interchain Security on the horizon, a proposed overhaul of ATOM issuance reliant on the success of these two components may be the most important change for the Cosmos Hub to date
Dean Tribble (Agoric), Peng Zhong (Ignite), Gregory Landua (Regan Network Development), Jake Hartnell (Juno Network/Stargaze/DAO DAO) and Sunny Aggarwal (Osmosis Labs) discuss the technical progress of their projects based on the Cosmos platform. Plus, Cosmos Hub Lead Billy Rennekamp introduces the network's evolution that ensures interchain security with CoinDesk's Jodie Gunzberg, followed by Ignite VP of Product Denis Fadeev's demonstration of building applications with Cosmos.
Cosmos garnered a lot of investors' attention after it released its “Cosmos Hub Roadmap 2.0.” In addition to that, its native token ATOM showed a positive change in terms of its total value locked (TVL), developer activity, and the total number of holders in Q3 of 2022.
