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Synternet's mainnet launch activates real monetary value for data within its ecosystem and enables the practical utilization of $SYNT.

Web3 infrastructure project Synternet has launched its mainnet data layer on Cosmos and commenced the next phase of its roadmap.

Synternet Mainnet launches on Cosmos

The Bitcoin (BTC) price had rebounded above the $62,000 mark. However, traders are unsure if the cryptocurrency's downturn is over.

Osmosis Decentralized Autonomous Organization (DAO) is unanimously supporting a proposal to adopt a revenue share proposal that enables a zero-fee Bitcoin bridge to the Cosmos ecosystem via Nomic. The proposal has received overwhelming community support, with about 92% of DAO members favoring the zero-fee upgrade.

TL;DR Osmosis DAO is on the verge of approving a ‘fee-free' Bitcoin bridge to enhance liquidity within the Cosmos ecosystem. The proposal has strong backing with 91.7% community votes in favor, aiming to eliminate Bitcoin bridge fees through Nomic.

If approved, the upgrade would mean bitcoin can move more freely into the Cosmos ecosystem, potentially bringing in new liquidity.

Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.

The Cosmos team announced that Valence will enhance the web3 interoperability by furthering the capabilities of the Inter-Blockchain Communication (IBC) protocol.

Polkadot and Cosmos, two innovative blockchain protocols, share a common end goal but take distinct and fascinating paths to achieve it. Both protocols enable communication between different state machines through an interface, showcasing their unique and forward-thinking design.

Fireblocks collaborates with Celestia to boost blockchain scalability and usability within the Cosmos ecosystem.

After going all-in on altcoins four weeks ago, professional crypto trader Michaël van de Poppe has shaken up his altcoin portfolio, removing some of the cryptocurrencies he considered underperforming to replace them with better alternatives that could offer a better return on investment (ROI).

Dora Factory, a leading blockchain infrastructure provider, airdropped its native DORA token to over 1 million Cosmos Hub stakers on June 5 to boost participation in the ecosystem's governance and decentralized funding activities. Dora Factory focuses on decentralized governance and public goods funding tools.

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.