Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’
Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.
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“Undercover Bitcoin Maxi”: A Talk With Osmosis Co-Founder Sunny Aggarwal
With a market capitalization of over $740 million, Osmosis is currently the third-largest decentralized exchange in crypto and a central piece of the Cosmos ecosystem. Its co-founder, Sunny Aggarwal, is...
Cosmos’ $8B Ecosystem Endangered by Critical Vulnerability
Last weeks BNB Chain attack led Cosmos developers to inspect their IBC code. They found a critical security vulnerability that endangered every IBC-enabled blockchain. Cosmos Compromised It appears the entire...
‘IBC is a serious alternative for secure cross-chain communication,’ says Sunny Aggarwal of Osmosis
So far, Cosmos’ IBC seems to have stayed clear of troubled waters.
Osmosis Chain Halted After $5M Exchange Exploit
The Cosmos-connected Osmosis blockchain has been halted following the discovery of a critical bug in the like-named decentralized exchange. Osmosis Hit By a Critical Exploit The decentralized exchange Osmosis has...
Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem…
Terra’s Cross-Chain Bridge Now Supports Solana, Avalanche, Fantom, Moonbeam, Osmosis
Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform…
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL)…
Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year
The value locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the total value locked (TVL) in defi was $255.84 billion and today, the…
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading…