Cosmos

The decentralized exchange, dYdX (CRYPTO: ETHDYDX), has outperformed Uniswap (CRYPTO: UNI), becoming the dominant decentralized exchange (DEX) by daily trading volume. What Happened: As per a CoinDesk report on Sunday, data from CoinMarketCap reported that dYdX, which migrated from Ethereum (...

Jae Kwon, founder of the Cosmos network, has stirred up the crypto world by suggesting a chain split. This proposal has coincided with a 3% drop in the value of ATOM (CRYPTO: ATOM), the network’s native token. What Happened: Kwon proposed a split in the Cosmos blockchain following the...

The Cosmos (CRYPTO: ATOM) community created a new fork, AtomOne, to serve as a minimal IBC/ICS hub, emphasizing sovereignty, security, and decentralization. What Happened: The decision underscores the ongoing governance disputes that come in the wake of contentious debates over the future direction...

In a major move, Tether Operations Limited, the company behind the stablecoin Tether (CRYPTO: USDT), has announced the launch of its US dollar-pegged tokens on the Kava (CRYPTO: KAVA) blockchain. Kava is known for its scalability and speed, making this a significant addition for Tether....

Layer 1 blockchain Injective launched a $150 million ecosystem fund to “accelerate developer adoption” for optimized financial applications. What Happened: Injective’s new fund is supported by notable Web3 and traditional finance organizations which the company said...

Komodo’s flagship product, the AtomicDEX, has been in development since 2013. The decentralized exchange remains a topic of discussion as it continues to develop its interoperability while keeping safety as a core focus. Benzinga got the latest updates from Komodo’s Chief Technology...

Umee brings Dai (CRYPTO: DAI) into the Cosmos (CRYPTO: ATOM) Ecosystem, in partnership with MakerDAO (CRYPTO: MKR). As a borrowing and lending DeFi hub, Umee seeks to facilitate seamless cross-chain operations. What Happened: As of June 8th 2022, Umee, partnered with MakerDAO, is bringing...

The decentralized autonomous organization (DAO) governing the Juno (CRYPTO: JUNO) ecosystem voted to confiscate millions of dollars worth of JUNO tokens and the investor who saw his money endangered is considering legal action. What Happened: A Juno whale — cryptospeak for large...

Juno, a sovereign public blockchain on the Cosmos (ATOM) network, was the top weekly gainer last, week which saw major coins such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) stage recoveries. Top Gainers of Week Ending Feb. 6, 2022 (Data via CoinGecko)...

As Bitcoin (CRYPTO: BTC) and other major cryptocurrencies rallied on Wednesday evening, a popular cryptocurrency analyst shared his thoughts on several altcoins that he currently sees as strong. What Happened: Pseudonymous cryptocurrency analyst Altcoin Sherpa said on his YouTube channel that...

Cloud computing-centric layer-one network NEAR Protocol (CRYPTO: NEAR) and Cosmos (CRYPTO: ATOM), a coin of a project that is described as an ecosystem of blockchains, have been stars of January — having risen 69.95% and 62.95% respectively so far in a 30-day period. What’s Moving?...

Bitcoin (CRYPTO: BTC) and other major cryptocurrencies were in negative territory on Sunday night as the global cryptocurrency market capitalization fell 3.16% to $2.08 trillion. What Happened: The apex cryptocurrency declined 1.92% to $47,018.30 over 24 hours. Over a seven-day trailing period, BTC...

Major cryptocurrencies traded in negative territory in the late hours of Sunday as the global cryptocurrency market cap fell 0.63% to $2.05 trillion. What Happened: The apex cryptocurrency Bitcoin (CRYPTO: BTC) traded 0.72% lower at $45,003.36 over 24 hours. For the week, BTC has risen 12.97%....