Cosmos

Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi

The self-described “Internet of blockchains,” Cosmos, has launched its Inter-Blockchain Communication standard, or IBC, enabling crypto assets to be transferred easily between independent blockchains. Comos’ IBC went live on March 29, enabling token transfers between Cosmos and other IBC-compatible blockchains. The feature, which has been in development for five years, was voted in via community …

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Validator Entry Thresholds on the Decline as Cloud-Based Staking Challenges Surmounted

<div class=”featured_image_container”> </div> <strong>Through the novel use of hardware security modules in conjunction with a communication module, a collaboration between Bluzelle and Equinix will significantly reduce the barriers preventing the equal distribution of opportunities for potential proof-of-stake (PoS) node validators.</strong> Lower Cloud Hosting Barriers Transform The Validator Landscape The gradual transition to proof-of-stake (PoS) consensus …

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Bison Trails launches staking and node services for Cosmos

Blockchain infrastructure firm BisonTrails has launched support for the Cosmos ecosystem, allowing its clients to stake and run nodes for blockchain ecosystem Cosmos. BIson Trails offers services to simplify the process of participating in blockchains, such as staking and running full nodes. The firm’s customers include custodians, exchanges, and funds, with Bison also helping Web …

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Cosmos Upgrades to Stargate: Another 2017 ICO Very Nearly Completes Its Vision

At 6:00 UTC Thursday, the Stargate upgrade of Cosmos will go live. The Cosmos community recommends that interested observers follow along by watching the @cosmos account on Twitter. Stargate represents an important milestone for the Cosmos project on the way to launching its inter-blockchain communication (IBC) protocol that will allow the 200+ Tendermint-based blockchains to …

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Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight

Bitcoin made some gains Friday, but ether hit another brand-new price high ahead of CME’s ether futures launching on Monday. Bitcoin (BTC) trading around $37,751 as of 21:00 UTC (4 p.m. ET). Gaining 0.32% over the previous 24 hours. Bitcoin’s 24-hour range: $36,637-$38,332 (CoinDesk 20) BTC below the 10-hour but above the 50-hour moving average …

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Market Wrap: Bitcoin Rises to $35.8K, Ether Hits New High and DeFi Crosses $28B Locked

Bitcoin reversed several days of sideways trading to head higher, ether broke $1,500 for the first time and DeFi’s ecosystem has a record amount of value locked in dollar terms. Bitcoin (BTC) trading around $35,824 as of 21:00 UTC (4 p.m. ET). Gaining 6% over the previous 24 hours. Bitcoin’s 24-hour range: $33,459-$35,824 (CoinDesk 20) …

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Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

Bitcoin is taking a break, staying in a tight trading range with lower than average volume compared to the past month. Meanwhile, alternative cryptocurrencies and decentralized finance are stealing the spotlight. Bitcoin (BTC) trading around $33,782 as of 21:00 UTC (4 p.m. ET). Gaining 2.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,341-$34,715 (CoinDesk …

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Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B

Analysts believe Elon Musk’s shout-out to crypto pushed bitcoin’s price upwards at a time when decentralized exchanges are experiencing record amounts of trading volume on the Ethereum network. Excessive fees could damp that, however.  Bitcoin (BTC) trading around $34,616 as of 21:00 UTC (4 p.m. ET). Climbing 5.9% over the previous 24 hours. Bitcoin’s 24-hour …

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Cosmos Set to Take Lead in Blockchain Interoperability With February’s Stargate Release

Right now, blockchains communicate via tacked-on solutions (state channels, sidechains, swaps, bridges and so on). With the Stargate update to Cosmos on Feb. 18, the tools for native blockchain interoperability will be live on mainnet.  “This is a long-awaited release for many Cosmos-based projects out there,” Band Protocol’s Kevin Lu told CoinDesk via email. “For …

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Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM

Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback. This could have led to the liquidation of about $500 million worth of cryptocurrency futures positions in the past 24 hours. Over leveraged positions …

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