Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls. The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the…
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Cosmos, a once-pioneering blockchain ecosystem renowned for its groundbreaking concept of interconnected blockchains called “appchains” and its innovative proof-of-stake consensus mechanism, is now facing an uphill battle for survival. The blockchain ecosystem faces existential challenges in the wake of Terra’s collapse and the meteoric rise of Ethereum…. Read More: Cosmos Blockchain Project Faces ‘Existential’ Challenge…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within Cosmos, Indonesia’s Stock Market and Clearing House for Digital Assets Finally Operational Read more »Sign…
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Throughout the last year, the U.S. Securities and Exchange Commission (SEC) has identified numerous crypto assets as securities in cases involving Binance, Bittrex, Coinbase, Terra’s Do Kwon, Tron’s Justin Sun, and several more. The aggregate worth of these prominent digital assets, considered securities, currently amounts to $98 billion, making up over 8% of the cryptocurrency…
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Crypto markets are mostly flat in a quiet start to the trading week. Bitcoin (BTC) was last going sideways just to the north of the $30,000 level, while ether (ETH) was last going sideways just above $1,850. Total cryptocurrency market cap was broadly unchanged on Monday around $1.18 trillion, as traders await key US inflation…
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Monero continued to climb during Monday’s session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos also extended recent gains, hitting a one-month high in the process. Monero (XMR) Monero (XMR) was one of…
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Binance Labs and CoinFund have co-led a $10 million funding round for Neutron, a cross-chain smart contract platform focused on interchain security within the Cosmos ecosystem. Binance Labs, the investment arm of leading cryptocurrency exchange Binance, took the lead in the funding round, Binance said in a Wednesday blog post. Cryptonative investment firm CoinFund co-led the funding. Delphi Ventures, LongHash, and Nomad also participated in the round. ……
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The United States inflation rate has slowed down, with May recording a 4% rate–the lowest yearly figure since March 2021. The drop in inflation may prompt the U.S. Federal Reserve to avoid raising interest rates during its upcoming Wednesday conference, prompting market observers to closely monitor the situation. With the current economic situation in mind,…
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Cardano climbed higher to start the week, as bulls moved to buy the recent dip in price. The token dropped by over 30% over the weekend, as traders continued to react to the Robinhood delisting. Cosmos also rebounded, moving away from a one-year low. Cardano (ADA) Cardano (ADA) rebounded by nearly 5% to start the…
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Cosmos fell to a key price floor on Friday, as bearish sentiment returned to cryptocurrency markets. Volatility has been high most of the week, with today seeing the global market cap drop by 0.95% as of writing. Chainlink also slipped in today’s session. Cosmos (ATOM) Cosmos (ATOM) dropped to a key support point on Friday,…
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