TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
Cosmos IBC Eureka Launch:- In a bid to integrate Ethereum ecosystem with its network, Cosmos has announced the launch of its interoperability layer, Eureka – bringing interoperability. Eureka upgrade will now allow Ethereum-compatible chains to directly communicate with cosmos blockchains via its native interoperability protocol – IBC.
Cosmos ATOM has introduced Eureka, a new tool meant to link its blockchain system with Ethereum ETH.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
Cosmos, a blockchain network aiming to become the “internet of blockchains,” has launched Eureka, an interoperability layer designed to link its inter-blockchain communication (IBC) protocol with Ethereum.According to an April 10 announcement, Eureka has expanded the Cosmos IBC protocol, changing IBC from an ecosystem standard “to a universal interoperability protocol,” setting the hub on a course to become the home of multichain apps. Cosmos projects are integrating into IBC Eureka.
Ethereum is the first non-Cosmos network to join the IBC ecosystem which plans expand to networks including Solana, Base and Arbitrum.
Last week, Bitcoin (BTC) began showing early signs of decoupling from the US stock markets. Bitcoin was relatively flat over the week, while the S&P 500 plunged by 9%.
Cosmos (ATOM) is gaining strong bullish momentum, jumping over 14% in the last 24 hours as technical indicators flash potential for further upside. The token's Relative Strength Index (RSI) has surged from deeply oversold levels to nearly overbought territory, highlighting an aggressive wave of buying pressure.
Bitcoin and the crypto market were hit by a price correction in response to the U.S. President Donald Trump's tariff announcements on Liberation Day. Cosmos's token ATOM defied the trend with nearly 10% gains on the day.
Cosmos (ATOM) has staged a remarkable comeback, soaring 16.72% over the past 24 hours to trade above $5.06 at press time.
For ATOM to continue with the uptrend, it needed to break and stay above the key level at $5.
Cosmos ($ATOM) rallied by 10% on Friday, hitting a local high of $4.86. The price increase followed eToro's announcement that it had launched staking for Cosmos ($ATOM) and Polkadot ($DOT), allowing eligible users to earn rewards by holding the assets.Despite the short-term price boost, $ATOM remains down by 57.
Crypto Prices Today (April 4): The broader market sentiment remains uncertain this Friday as Bitcoin (BTC) price held around the previous day's levels, at $83K. Moving on to other metrics, the global cryptocurrency market cap jumped slightly by 0.20% to $2.6 trillion.
Built on the Cosmos SDK, this new sidechain is the result of a successful collaboration. It brings together RippleX, Axelar, Common Prefix, and Peersyst.
Crypto prices remained on edge on Friday as the market came to terms with Donald Trump's trade war and its implications. Bitcoin bounced back above $84,000, while other popular tokens like Ethereum, Ripple, and Solana crawled back.
The crypto market today has resumed its business with sentiments being unchanged over the previous day. Talking about numbers, the market cap has sunk 1.38% since yesterday to $2.65 trillion. The trading volume has taken a shot down 32.13% to $88.91 billion.
The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3.
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.
Wyoming is set to launch a stablecoin, marking the first fiat-backed token issued by a public entity in the U.S. The Wyoming Stable Token (WYST) is undergoing testing on various platforms, including Avalanche, Solana, and Ethereum.
The development is part of the Eureka upgrade for Cosmos ecosystem, which is expected to release this year.
Wyoming is preparing to launch its stablecoin on LayerZero, called the Wyoming Stable Token, possibly by July 2025. According to the official announcement on Mar.
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.
LayerZero has created history with its mind blowing hold over the world. The financial system was revolutionized when LayerZero started climbing the ladder.
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.
Crypto prices bounced back on Friday as investors rotated back to risky assets amid rising recession risks. Bitcoin has moved to $84,000, while the market cap of all cryptocurrencies jumped to over $2.85 trillion. This article looks at some of the top trending crypto coins like LayerZero (ZRO), IOST (IOST), and Pi Network (PI).
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.
This partnership opens the doors to a new era for DeFi on Bitcoin.
Rootstock's aim is to end Bitcoin's "isolation" from other chains due to its lack of native smart contracts.
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.
TON integrates with LayerZero to enhance cross-chain liquidity, enabling seamless asset transfers, improved developer tools, and broader blockchain interoperability.
The Open Network (TON) has recently announced its integration with the interoperability protocol LayerZero. This partnership is set to expand TON's capabilities for cross-chain asset transfers, aiming to connect the network with over 100 different blockchain networks.
TL;DR TON integrates with LayerZero to enable asset transfers across more than 100 blockchains, improving liquidity and access to assets from networks such as Ethereum and Solana. The collaboration opens new possibilities for decentralized applications, providing developers with tools to create interoperable and scalable cross-chain solutions.
TON's integration with LayerZero plays a key role in connecting the TON network to the ecosystem of the Tether USDt stablecoin.
TON's integration with LayerZero plays a key role in connecting the TON network to the ecosystem of Tether's USDt stablecoin.
Blockchain developers using the TON stack can now deploy tokens from over 100 networks through LayerZero's infrastructure.