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TL;DR Cosmos Hub experienced a nearly four-hour outage on June 5 due to a vulnerability in the Liquid Staking Module during the v17 update. The network could not resume block production until most validators implemented the fix. Despite the outage, the ATOM token remained stable, reflecting confidence in the network and its development team.
The privacy voting round linked to the move is set to be “the largest” MACI (Minimum Anti Collusion Infrastructure) ever.
Dora Factory, a decentralized governance technology and public goods funding platform, has announced a new gas fee airdrop of its native token, DORA, to all Cosmos (ATOM) stakers, according to the info disclosed to Finbold on June 6.
On June 5, the Cosmos Hub blockchain network experienced an outage lasting around four hours due to a bug discovered during the implementation of the v17 upgrade. The Cosmos team stated that the bug was a Liquid Staking Module (LSM) security vulnerability.
As altcoins are making a comeback in this recovering market, the bull run chances in the long-silent altcoin are increasing. One such token, ATOM, shows a price trend ready to reclaim the uptrend. With a 5% jump within 48 hours, the ATOM price trend shows a comeback possibility in the coming days.
Cosmos Hub outage occurred for nearly 4 hours during a v17 upgrade but has now resumed normal operations.
Fireblocks integrates with Cosmos, leveraging Osmosis to enhance DeFi functionalities.
Fireblocks claims that it has consistently led the way in providing the fastest and most diverse range of blockchain support.
The latest in blockchain tech upgrades, funding announcements and deals. For May 23.
Fireblocks expands its blockchain support to include Cosmos, fostering secure custody, DeFi, and staking across several leading appchains.
The passing of Proposal #912 highlights the proactive and innovative spirit of the Cosmos community.
The Cosmos community recently passed a proposal requested by Dora Factory and DoraGacks to approve a $1 million grant from the community treasury. The grant will support ten rounds of funding through native token ATOM, over the next two years.
Euclid Protocol introduces a unified liquidity layer to connect blockchain ecosystems, fostering seamless DeFi operations and market efficiency. The post Euclid launches layer to connect liquidity across Cosmos, Solana, and EVM chains appeared first on Crypto Briefing.
TL;DR Injective launches its Layer-3 network, inEVM, with Arbitrum's Orbit technology. It will provide more interoperability and enhanced functionalities. The main goal is to strengthen connectivity between Ethereum, Cosmos, and Solana. A mechanism to burn a portion of protocol fees will be implemented, increasing transaction processing efficiency and contributing to economic sustainability.
TL;DR Amendments 33 and 34 have been applied to the XRPL EVMSidechain, implying new transaction costs in XRP and the activation of the Cosmos IBC. Amendment 33 establishes new transaction prices in XRP, while Amendment 34 activates cross-chain communication with Cosmos. These changes represent significant advancements in the functionality and connectivity of the ecosystem.
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
Some cryptocurrencies are not taking advantage of Bitcoin's good moment, even though they have recovered from the bottom of the bear market.
Even if you're not an avid ‘Cosmonaut,' you're probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an infectious smile and upbeat personality, Sunny's name is surprisingly apt.
All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE.
Solana (SOL) co-founder Raj Gokal is naming two blockchains that have a head start in the sovereign blockchains crypto sub-sector. At a TOKEN2049 panel discussion, Gokal says that Avalanche (AVAX) and Cosmos Hub (ATOM) are “the clear winners” with regard to sovereign blockchains.
Despite the ongoing market turmoil, the Cosmos price has displayed a positive price action by adding approximately 3% in its value, indicating a rising bullish sentiment for this altcoin in the crypto market. However, the ATOM token has recorded a correction of 6.12% within the past week and 30.
The top crypto prices today crashed massively as the Bitcoin (BTC) price slumped to the $60,000 level despite the recent Hong Kong ETF launch. In addition, the Ethereum (ETH) price inched closer to fall below the $3,000 mark.
Cosmos devs were able to fix a serious security issue in the Inter-Blockchain Communication (IBC) protocol that endangered more than $126 million in assets.
Cosmos developers have patched a critical security bug in the Cosmos Inter Blockchain Communication (IBC) protocol that had put at least $126 million at risk.
