In an interview with Cryptonews.com, Sunny Aggarwal, co-founder of Osmosis, shared his insights on the Cosmos ecosystem and more! The post Sunny Aggarwal on the Cosmos Ecosystem, Osmosis DEX, and Bitcoin-Based DeFi | Ep. 382 appeared first on Cryptonews.

Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can top up their wallet using Sinpemovil, a quick cellphone-linked fiat payment method, debit and credit cards.

Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos.

Bitcoin has once again surged above $60k causing the entire cryptocurrency market to turn bullish with tokens like Orchid (OXT), Osmosis (OSMO), Peercoin (PPC), and Pendle (PENDLE) causing a buzz due to their price performance.

TL;DR Osmosis launches Polaris, a “token portal” that simplifies cross-chain trading through a single interface, addressing fragmentation in DeFi. Polaris will allow users to operate with tokens from various networks, such as Ethereum and Solana, without the need for multiple wallets or bridges.

The team behind the Cosmos-based decentralized exchange (DEX) Osmosis said it is preparing to launch a new project called Polaris that they've been developing in stealth.

Osmosis, the leading interchain decentralized exchange (DEX) and DeFi hub on Cosmos has unveiled plans for a new product called Polaris, described as a “Token Portal” designed to address fragmentation issues in the digital assets ecosystem.

Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.

Following a successful DAO vote with 99.6% approval, Nomic, which offers a decentralized, non-custodial Bitcoin bridge to IBC-enabled chains like Osmosis, aims to enhance Bitcoin liquidity on the Osmosis platform. This proposal involves waiving Bitcoin bridging fees for transactions originating or terminating on Osmosis.

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.

Osmosis DAO is likely to adopt a fee-free Bitcoin Bridge, pending determination, as the ballot is still open.

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.

Fireblocks integrates with Cosmos, leveraging Osmosis to enhance DeFi functionalities.

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.

Latest updates on SHIB, TAO, and OSMO coins.

Osmosis has been identified as the DeFi project with the highest level of development activity, contrasting with Uniswap, which has shown slower progress.

TL;DR Osmosis, dydX, and Synthetix are leading the pack in the DeFi sector with the most active development. Osmosis, a Decentralized Exchange (DEX) on the Cosmos network, has seen over 169 commits on GitHub in the last 30 days.

The decentralized Cosmos exchange Osmosis has been listed as the most actively developed DeFi project in the last month.

TL;DR Osmosis and Astroport, two major players in the decentralized finance (DeFi) sector, have announced a collaboration to deploy programmable liquidity pools on Cosmos, enhancing liquidity and offering more options for yield farming.

Cosmos-based decentralized exchange Astroport is set to deploy its passive concentrated liquidity (PCL) pools on Osmosis, the largest Cosmos-based DEX by volume, following successful governance votes on both platforms.

As Per the latest news, Terra Luna Classic's L1TF developer, Vinh Nguyen, has forked the Osmosis test tube to enhance Astroport functionality and test upcoming upgrades, including an 800 million USTC burn. This development aims to fortify the Terra Classic ecosystem and positively impact LUNC and USTC prices.

Terra Luna Classic core developer group L1TF developer has successfully forked the Osmosis test-tube to work with the Terra Classic. It will help developers test fixes to the Cosmos liquidity protocol Astroport applied last month.

Latest updates on XRM, SLM, and OSMO coins.

Latest updates for SMOKE, OSMO, and AXL coins

Starknet, Osmosis, and Moonbeam have emerged as leaders in crypto ecosystem growth, according to the 2023 Crypto Developer Report from Electric Capital.

Our analysis column on the crypto world continues!

Osmosis, Celestia, and Kaspa reported between 8% and 12% gains as the top cryptocurrency gainers on Jan. 5.

Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $44,000 level on Friday. Ethereum (CRYPTO: ETH) also edged higher, trading above the key $2,200 mark this morning.

Cosmos-based DEX Osmosis hit $1.121 billion in monthly volume during December 2023, based on DefiLlama data. The DEX's native token OSMO has surged on the back of increased activity and is currently trading at $1.51, up 121.97% over the past 30 days, based on CryptoSlate data.

A decentralized exchange (DEX) built on Osmosis (OSMO) was hacked for $1.14 million worth of crypto this week. The Levana Protocol (LVN), which focuses on perpetual swaps, announced on Wednesday that it had been hit with an oracle attack that impacted 10% of its liquidity pools (LPs).

Levana, a perpetuals trading protocol, suffered an exploit — resulting in a loss of over $1.14 million from its liquidity pools.

OSMO's social volume has been trending higher since late October, a positive sign for the token.

Osmosis (OSMO) and SATS (1000SATS) have been standing out in the world of cryptocurrency as key assets, even as many other crypto assets faced declines. Both OSMO and 1000SATS reached new highs for the past 52 weeks on Tuesday, December 26, 2023.

Osmosis (OSMO) and SATS (1000SATS) have been dominating the crypto arena as prominent crypto assets extended declines. OSMO and 1000SATS recorded new 52-week highs on Tuesday, December 26, 2023.

Osmosis (OSMO) has emerged as a standout performer in December, witnessing a remarkable 185.72% surge in the last 30 days. As the market eagerly watches OSMO's trajectory, another player, another new crypto project by the name of Pullix is making waves with its unique approach to trading and its ongoing native token presale.

Osmosis is the premier cross-chain DeFi hub. It is the largest proof of stake IBC blockchain with a decentralized exchange.

The crypto market has been on a rollercoaster ride lately, with major currencies facing uncertainty after reaching annual highs. However, amidst this volatility, certain tokens like XRP, Osmosis (OSMO), and Internet Computer (ICP) continue to exhibit promising trends, offering fresh opportunities for traders and investors.

MilkyWay released the first liquid staking protocol for the Celestia network with smart contracts managed on Osmosis.

This week, the crypto market has been in a moody rally, with a bearish start to recovering trend. Ending the notes on a similar trend, it started the week with the price of Bitcoin being closer to the $40K mark.

The price movement of OSMO has demonstrated significant volatility, moving through a largely bearish trend for the most part of the year. But in the last three months, the cryptocurrency has shown signs of a strong comeback and is now entering a phase of strong recovery.

The price of OSMO has gained over 11% in the past 24 hours despite a muted performance by most major cryptocurrencies.

In a bustling crypto market, recent movements have signaled a temporary slowdown in the surging prices of major cryptocurrencies. Bitcoin, Ethereum, and other leading digital assets experienced a pullback after a sustained period of remarkable gains, reflecting cautious investor sentiment amidst uncertain market conditions.

Osmosis, the leading decentralized exchange on Cosmos, and lending protocol UX Chain (formerly Umee) have put forward a merger proposal within the Cosmos ecosystem.

Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.

Osmosis, the largest decentralized exchange by trading volume in the Cosmos ecosystem, will merge with Umee's cross-chain lending UX Chain.