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.
FUNToken is a GameFi ecosystem that has experienced multiple periods of extreme volatility since its launch. Now the project has introduced numerous new perks and a new look to entice gamers.
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.
Golem Network launches the MVP of Golem-Workers, inviting beta testers to enhance its functionality and interface.
Justin Sun, the founder of Tron, has announced that the SunPump (SUN) community has opted for a 100% on-chain buyback and burn process. This decision, effective from September 3, 2024, marks a departure from previous plans to burn liquidity pool (LP) tokens. The shift is aimed at simplifying the process and enhancing transparency.
Throughout August, the cryptocurrency market has remained largely bearish, leaving many altcoins struggling to find momentum. While most major cryptocurrencies have failed to impress, some hidden gems are emerging as potential winners.
The X post draws immediate similarities to a previous post of FTX's Sam-Bankman Fried, back when the Solana token was trading at just $3.
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Sun Token (SUN), the cryptocurrency from the TRON network, has experienced an impressive surge of over 470% in just one week. The coin, which was trading at $0.009, has jumped to $0.03735, drawing considerable attention in the crypto community.
The memecoin frenzy has reached the Tron Network after the launch of Pump.fun's rival, SunPum. The new memecoin deployer has been making the headlines after surpassing its Solana-based counterpart on key metrics this week.
Sun Token price continued pumping on Friday, Aug. 23, making it one of the best-performing cryptocurrencies this week.
The price of a new meme coin called Sun Token (SUN), which was issued seemingly in honor of Tron (TRX) blockchain founder Justin Sun, has exploded in the last few days.
Binance Futures has announced the introduction of two new USDⓈ-Margined perpetual contracts featuring POPCAT and SUN tokens. These contracts will allow traders to leverage up to 75 times the initial amount.
Binance, the leading global crypto exchange, has expanded its trading portfolio by listing futures contracts for three altcoins – Popcat (POPCAT), Sun (SUN), and Alpaca Finance (ALPACA). This move diversifies trading options on Binance Futures.
Golem Network releases Yagna v0.16.0, introducing deposits and new ecosystem roles, indirect payments, and enhanced error handling.
Ethereum Golem address is active once again moving more than 4000 ETH to crypto exchanges Binance and Coinbase. Over the last week, the Golem multi-signature address, belonging to the ICO era, has moved over 8,000 ETH to exchanges.
The Tron Network has recorded a sharp spike in its volume over the past few days, highlighting increased bullish sentiment for its ecosystem. Further, the TRX price has added over 27% in the past week. This indicates a positive outlook for it in the coming time.
Most Pump.fun tokens have plummeted sharply in recent weeks, costing investors millions of dollars.
August has been a rollercoaster for Bitcoin, with dramatic price swings leaving investors on edge. After reclaiming lost ground, Bitcoin dipped below $60,000, sparking concerns about its ability to maintain a bullish trend. As the battle between bulls and bears rages on, all eyes are on macroeconomic data from the United States.
Golem's (GLM) price is poised for a potential rally, which could send the price soaring and potentially form a new all-time high.
Golem Network announces an updated AI/GPU roadmap focusing on market-validated initiatives, enhancing GPU resource supply for AI industry needs.
Golem Network introduces Golem-Workers API, offering high-level access to GPU and CPU resources, catering to diverse computational needs beyond AI model deployment.
Golem Network introduces Modelserve, a scalable and cost-effective AI model inference service designed for developers and startups.
Project Golem has staked over $120 million worth of ETH as staking mania intensifies ahead of possible ETH ETF launch.
An Ethereum-based project that financed itself through an initial coin offering (ICO), Golem (GLM), has recently moved 40,000 ETH worth around $124 million to start staking the funds, effectively becoming a validator on the network to secure yield by helping secure it.
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.
Golem, an Ethereum-based project, moved 4,600 ETH which is equivalent to $14.1 million at the time of transfer to cryptocurrency exchanges Binance and Bitfinex. This transfer reflects a seeming trend in the past month where the Golem has been sending a large amount of Ethereum to various exchanges.
The Golem crypto platform has been moving large quantities of Ethereum to centralized exchanges raising eyebrows among the crypto community.
Golem, one of the pioneering projects from the Ethereum ICO era, has transferred over $100 million worth of ether to exchanges, raising concerns about potential market impacts.
Golem (GLM), one of the high-profile ICOs from 2016 and among the first projects on the Ethereum (ETH) network, was seen liquidating its treasury. At that moment, Golem managed to raise 820K ETH, making it one of the biggest holders with a long runway for development.
TL;DR Golem has transferred over 100 million dollars in ETH to exchanges in the last month, raising concerns about potential selling pressure on the price of ETH. The platform's main wallet has moved 24,400 ETH (72 million dollars) in the last three days, with current reserves of 127,634 ETH valued at 372 million dollars.
Golem Network's $115 million in Ethereum move impacts the market
Golem, a decentralized computing platform that raised a significant amount of Ethereum (ETH) during its initial coin offering (ICO) in 2016, recently moved millions of dollars worth of ETH tokens to various cryptocurrency exchanges. This substantial transfer comes amid a broader market downturn for cryptocurrencies.
Golem's ETH liquidations have the potential to significantly impact the market.
Golem, a 2016 ICO project for decentralized GPU sharing, has moved 36,000 eth ($115 million) for passive staking yield.
The price of Ethereum has shot up by 3.5% in the past hour, returning to $3,025 after diving to $2,829 in the early hours of the morning.
The Golem Network has sent over $100 million in ETH to various exchanges over the last month, a significant portion of its overall reserves.
The protocol was one of the first ICOs on Ethereum, raising $8.6 million worth of ether in 29 minutes and setting the precedent for thousands of other ICOs in the years since.
Solana memecoin Billy (BILLY) has soared past a $100 million market cap, becoming the second-largest token launched on Pump.fun.
Golem Network announces golem-js 3.0, featuring modular design, new models, and budget estimation. The update aims to improve developer experience and ecosystem decentralization.
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.