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Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
Cosmos Network developers have recently sold off Bitcoin, increasing market pressure and sparking concerns over price stability. The move has drawn significant attention from the crypto community, given the scale of the sales and their potential impact on the broader market. With 295.3 BTC worth $27.8 million sold at a price of $94,410.
Cosmos Network developers have made significant moves with their crypto holdings, transferring 295.3 Bitcoin (BTC), valued at approximately $27.7 million, from funds raised during their 2017 Initial Coin Offering (ICO). This marks the first transfer of Bitcoin by the team in nearly two years, according to blockchain analyst Yu Jin.
Cosmos is stirring curiosity with its bold plans for 2025. Known as the “Internet of Blockchains,” Cosmos aims to tackle some of the blockchain industry's toughest problems. But here's the twist: recent fund movements—worth millions—have people wondering if these financial shifts are fueling a much bigger plan.
According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years.
TL;DR Cosmos unveiled its roadmap for Q1 2025, focusing on improving the security, performance, and scalability of its Hub and the evolution of the Interchain Stack. The focus will be on optimizing scalability and security, as well as potentially removing the LSM module and increasing audits to achieve robust performance.
The Cosmos roadmap identifies enhancing the security, performance, and scalability of the Cosmos Hub.
Story Highlights The live price of the Cosmos token is . The Cosmos price could reach a potential high of $10.24 by the end of 2024. ATOM price could reach a potential high of $56.71 by the year 2030. Cosmos (ATOM) price boomed recently and surprised many, including many big hands.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Atom Accelerator (AADAO), a decentralized autonomous organization (DAO) on Cosmos Hub (ATOM), and Neutron, Cosmos' integrated application network, have each pledged $250,000 to support the development and maintenance of Confio's CosmWasm in 2025, as reported to Finbold on Tuesday, December 17.
Several events are in the pipeline for the top crypto news this week, including updates in the Fantom ecosystem, the planned release of Stacks' network, project listings and airdrops, and key token unlock events.
The Cosmos ecosystem is entering a new chapter with the Interchain Foundation's (ICF) acquisition of Skip and the establishment of Interchain Inc. The move represents a pivot from the ICF's historical funding of disparate teams toward a more centralized and cohesive approach.
The Interchain Foundation has made a strategic move by acquiring Skip, transforming it into Interchain Inc., in an effort to centralize development and revitalize the Cosmos ecosystem's vision of blockchain interoperability.
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Skip will lead ICF's "product, protocol, and go-to-market strategy work" as the organization doubles down on Cosmos' growth.
USDN is the first digital dollar customized for the ecosystem.
Namada, a privacy-focused Layer 1 blockchain developed using Cosmos SDK, has officially launched its mainnet.
Cryptocurrencies have done better than American stocks this year. Bitcoin has more than doubled, while smaller meme coins like Dogwifhat and Popcat have minted many millionaires.
Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.
A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.
Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
TL;DR Cycles is a proposal from Informal Systems for a decentralized clearing system, led by Ethan Buchman, co-founder of Cosmos. The system aims to eliminate traditional intermediaries (such as banks) and allow any user to participate in a blockchain-based multilateral settlement process.
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems' CEO Ethan Buchman said.
