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.
Osmosis has introduced the Polaris portal, a solution to the fragmentation that crypto users face across decentralized finance. With crypto's increasing popularity, the number of different blockchains and their associated ecosystems has surged.
Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.
Story Highlights The live price of the eCash token is . The XEC price is expected to reach a high of $0.0000630 in 2024. The eCash price is trading at a discount of 94.75% from its ATH. The crypto network “eCash” markets itself as “wealth reinvented.
With a bullish attempt to make a comeback this year, the XEC price trend shows a recovery rally in motion. However, the recovery trend is about to face multiple resistances along the way. Further, the broader market conditions warn of a surge in bearish sentiments in the altcoins segment.
With the crypto market facing high liquidations as Bitcoin reverts to $66K, some altcoins find a surprising moment of recovery. As the bull cycle in the eCash finds momentum during the market pullback, the XEC price trend teases a breakout run this week.
Over the past day, the crypto economy has grown by 2.57%, reaching $2.48 trillion on Monday, July 29. Bitcoin has climbed over 3% since last week, while ether has decreased slightly by over 3% during the same period. The highest gainer this week was ecash (XEC), which increased nearly 17% over the past seven days.
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.
A look at the long term vision for an ecosystem of Cashu powered ecash mints, and how this can evolve to meet end users' needs balanced with security and functionality.
OKX announces delisting of STARL, XEC, and MANA/BTC trading pairs to maintain trading environment.
Fireblocks integrates with Cosmos, leveraging Osmosis to enhance DeFi functionalities.
The creator of Cashu, a free and open-source Chaumian ecash protocol for Bitcoin, believes users should have cash-like privacy when they transact with BTC — or fiat currencies.
The creator of Cashu, a free and open-source Chaumian ecash protocol for Bitcoin, believes users should have cash-like privacy when they transact with BTC — or fiat currencies.
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.
The cryptocurrency industry continues to display a mixed sentiment due to increased volatility in the market. Further, mid-cap and low-cap tokens have added significant valuation to their respective portfolio, indicating a switch of interest among the investors.
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.
Bitcoin and ethereum have recaptured some of their losses from the previous week, but a group of crypto assets have seen their values climb by double digits in the last seven days. About nine cryptocurrencies experienced increases of 20% or more, with ondo (ONDO) leading the charge with a 94% leap this week.
Dogecoin (DOGE) breaks multi-week downtrend, Polygon (MATIC) drops below $1 amid 9% decline, eCash (XEC) sees massive 26% intraday gain
The crypto market continues to bleed, highlighting an increased bearish pressure and selling pressure in the crypto industry. Further, top crypto tokens are hovering close to their crucial levels, indicating a massive correction in the space. Positively, this gives investors excellent buying opportunities to buy these altcoins at a discounted price.
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.
The crypto network “eCash” markets itself as “wealth reinvented.” With greater transactional speed is utilized for transfers all over the world without even a financial institution. The Bitcoin Cash ABC network, which consists of a group of seasoned professionals, launched in 2017. Is a successor of the Bitcoin cash project that led up to eCash.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $67,000 level on Wednesday. Ethereum (CRYPTO: ETH), meanwhile, recorded gains, trading above the key $3,800 mark this morning.
In the past few days, the cryptocurrency market has seen Bitcoin (BTC) reaching its all-time high and meme coins in the spotlight as the week's top performers. The euphoria dominated the space, and some cryptocurrencies could now be overbought.
eCash price has surged around 60% in the last 24 hours and is continuing on the same path for now. The crypto market is highly bullish, and many cryptos have outperformed their value.
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.
As Bitcoin (BTC) surpasses crucial resistance zones and rises above the $52,000 threshold, the broader cryptocurrency market is starting to benefit from its gains.
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
Navigating the dynamic landscape of the crypto market can be overwhelming, but this article aims to simplify the search by highlighting some of the top altcoins worthy of investor attention at present. Promising Altcoins: JTO, Worldcoin, and eCash and Bitcoin's Market Movement As the market shows signs of transitioning into a sustained bullish phase, certain tokens are attracting attention for their potential as investment opportunities.
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.