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.

Key Points:

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.

Chainlink, Arweave and Cosmos are among altcoins showing a bullish outlook as investors target Bitcoin (BTC) move to $100k. This means that while leading altcoins like Ethereum, Solana and XRP are firmly on traders' radar, LINK, AR and ATOM are also attracting attention.

The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.

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.

Latest updates on the coins ATOM, MATIC, and TAO.

Cosmos (ATOM) has shown a promising 15% recovery in the last two days, but it now faces key resistance levels that could determine the future of its price action. Traders eyeing a potential long position should monitor critical technical indicators before making any moves.

ATOM is eyeing a key EMA resistance - Here's what that means!

Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.

Bitcoin (BTC) is teasing a record high after it peaked at $73,464 on October 30, bringing it within touching distance of its all-time high of $73,750. However, the cryptocurrency has registered a marginal decline during the ongoing session and is trading just above $73,200.

In an interview with Cryptonews.com, Sunny Aggarwal, co-founder of Osmosis, shared his insights on the Cosmos ecosystem and more! The post Sunny Aggarwal on the Cosmos Ecosystem, Osmosis DEX, and Bitcoin-Based DeFi | Ep. 382 appeared first on Cryptonews.

As blockchain technology advances, platforms like Qubetics, Cosmos, and SpacePay are carving out niches in digital finance and decentralised applications. Each of these projects tackles different challenges and opportunities in the blockchain ecosystem. Qubetics is focused on bridging the gap between cryptocurrencies and traditional finance through its innovative conversion mechanism.

Cosmos Network's Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.

Cosmos Network's Evmos blockchain averted disaster after a researcher discovered a vulnerability that could halt DApps.

CoinGecko published a report analyzing staking yields among the largest PoS blockchain projects. The survey analyzed yields, ratios, and other functionality metrics, and found a wide range of viable strategies.

Cosmos' co-founder and core contributors were previously unaware of the North Korean link, which could lead to the removal of the Liquid Staking Module.

Set to be valued at $321 billion by 2026, the gaming industry continues to innovate at a relentless speed as new technologies enter the mix. While the likes of virtual reality (VR), ever-improving 3D rendering software, and cross-compatible play have taken center stage in recent years, there's one corner of innovation that stands above the rest when immersing players in everything that they do within their favorite gaming ecosystem; blockchain technology.

Bitcoin faces a pullback, but altcoins see gains as macroeconomic factors and U.S. election optimism fuel the crypto market.

Cosmos's native token ATOM has emerged as the top performer in the cryptocurrency market, with its price surging by nearly 10% in the past 24 hours.

The developer of interconnected blockchain network Cosmos (ATOM) is warning that the Liquid Staking Module (LSM) of the Cosmos Hub poses serious security risks.

Cosmos blockchain network, researchers have identified potential vulnerabilities within its liquid staking module (LSM), allegedly linked to code injections by North Korean hackers. This alarming development raises questions about the security and integrity of Cosmos, particularly its capacity to protect user funds.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Cosmos co-founder attributed the oversight to "gross negligence" by validator hosting firm Iqlusion and its leader, Zaki Manian.

Cosmos co-founder Jae Kwon urges for accountability and a comprehensive audit of the LSM after alarming security revelations about North Korean ties.

Cosmos developers are taking action to remove the Liquid Staking Module (LSM) from the Cosmos Hub after revelations linked its creation to North Korean agents. Earlier today, blockchain development company All in Bits (AiB) issued an emergency alert, highlighting significant security vulnerabilities within the LSM.

Concerns over the security of the Cosmos Hub's Liquid Staking Module (LSM) have intensified following revelations that North Korean developers were allegedly involved in its creation.

The Cosmos Hub liquid staking module (LSM) may still contain vulnerabilities, even after an alleged re-write, due to the involvement of North Korean hackers posing as project team members.

Concerns over the security of Cosmos Hub's Liquid Staking Module have intensified following revelations that North Korean agents allegedly played a key role in its development.

Cosmos founder Jae Kwon called for the Cosmos governance community to immediately conduct a comprehensive audit of the LSM.

Cosmos developer Interchain Foundation has liquidated 4,000 ETH worth around $9.5 million.

Cosmos developer Interchain Foundation sold 4,000 ETH (worth $9.5 million) just 27 hours ago!

The crypto markets saw significant turmoil over the past 24 hours, with over 100,000 traders impacted by mass liquidations, greatly raising concerns during the latest market downturn. Bitcoin (BTC) briefly dipped below the $60,000 mark on October 3 before recovering and pushing back above $60,000.

Binance announces its support for the upcoming Cosmos (ATOM) network upgrade, temporarily suspending deposits and withdrawals on October 2, 2024.

There is still a lot of suffering among the altcoins, with some projects currently close to their lows.