TL;DR Lido DAO has strengthened its governance system with extended two-phase voting periods, an emergency mechanism called GateSeal, and a structure of expert committees for technical and financial decision-making. These enhancements aim to boost participation, reduce risk, and ensure transparent, decentralized governance.
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.
The development is part of the Eureka upgrade for Cosmos ecosystem, which is expected to release this year.
GMX clarified that its contracts were secure after an exploit involving Abracadabra's cauldrons resulted in a $13 million theft.
A recent exploit on Abracadabra.Money, a cryptocurrency lending platform, targeted pools that were built using GMX GMX tokens.
Abracadabra.Money lost $13 million in an exploit that targeted liquidity pools using GMX tokens.
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.
Abracadabra Finance has confirmed a security exploit affecting its gmCauldron smart contracts, resulting in the theft of approximately $13 million and is taking steps to recover the funds.
The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.
An attacker drain approximately 6,262 ETH, valued at around $13 million, from Abracadabra's liquidity pools on GMX.
Magic Internet Money (MIM) was exploited for 6,260 ETH, taken from lending vaults on Arbitrum. While MIM used GMX smart contracts, neither the GMX project nor the GM token were affected by the hack.
About $13 million worth of cryptocurrency has been drained from decentralized lending protocol Abracadabra.Finance following an exploit targeting pools using GMX tokens.In a March 25 X post, crypto cybersecurity firm PeckShield reported that contracts related to GMX and Abracadabra.Money had been compromised, resulting in the loss of about 6,260 Ether (ETH), worth around $13 million. The news follows Abracadabra.Money losing $6.49 million after its smart contracts were compromised in late January 2024.
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.
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.
Buying LDO at these levels went against the trend and technical indicators- is it better to wait for reversal signals, or chase higher potential returns?
TL;DR The crypto market is experiencing a strong correction, with significant losses in Dogecoin (DOGE), Ethereum (ETH), and Lido DAO (LDO). Traders betting on a recovery were the most affected, with losses reaching up to $420 million in BTC, $150 million in ETH, and $30 million in DOGE.
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.
The module may further increase Lido's node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.
The module may further increase Lido's node operator set and improve staking risk mitigation, the CEO of SSV Labs told Cointelegraph.
Here is how some of your favorite assets concluded the week.
The proposal, however, is not liked by the community, as it currently allocates nothing to native projects on Arbitrum.
Over the past year, AAVE has surged by 177%, becoming the top performing DeFi token.
Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.
Lido's customizable staking setup for Ethereum, stVaults, is coming to Northstake, a regulated platform offering compliant staking for institutions. On Feb.
The cryptocurrency market is no stranger to volatility, and February 2025 has proven to be no exception for Lido DAO's native token, LDO. Whale activity, combined with unpredictable price movements, has created a volatile environment for the token, which is now experiencing a consolidation phase after significant fluctuations.
Whale activity in February 2025 influenced LDO's price dynamics.
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.
Lido DAO (LDO), the governance token of the popular liquid staking platform Lido, has shown significant price movement recently, bouncing back from lows around the $1.50 mark. After being in a tight trading range since December, LDO's recovery has caught the attention of many traders, especially after the release of the highly anticipated Lido v3 upgrade.
Dormant circulation metric showed that 90-day holders were happy to HODL LDO.
Lido DAO Token (LDO) price has remained in a tight range in the past few months as investors have focused on meme coins instead of utility tokens. The LDO price was trading at $1.873 on Saturday, up from this month's low of $1.4.
Lido DAO (LDO) has garnered attention in the crypto space for its innovative decentralized finance (DeFi) protocol, providing liquid staking solutions. As we approach 2025, predictions about Lido's future price have been made based on technical analysis and market trends.
DeFi coins on the Ethereum network have retreated this year, aligning with other cryptocurrencies. Some of the top blue-chip DeFi crypto coins on the network may start benefiting from an investment by Ethereum Foundation, which has started to deploy its 50k ETH balance.
PancakeSwap (CAKE), Sonic prev. Fantom (S) and Lido DAO (LDO) are the top gainers among 100 largest cryptocurrencies by market cap. CAKE price has spiked more than 40% in the past 24 hours, while S and LDO have notched +17% and +12% to rank among best performing altcoins today.
At the heart of Lido V3 are “stVaults,” a modular tool that connects stakers, node operators, and protocols. They also optimize fees, risks, and rewards.
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.
Amid the rising volatility, Lido DAO token holds a critical support level. Overcoming nine days of constant sell-off, will this recovery in LDO price revisit $2.38?
Lido DAO (LDO) has been demonstrating promising signs of a rebound after recently testing the lower boundary of its established trading channel. Following a price dip to around $1.60, LDO appears to be setting the stage for a potential uptrend, supported by technical indicators.