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.
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.
Real World Assets (RWA) Tokenization is gaining traction in the crypto market. If you're an investor looking to diversify your portfolio or explore new opportunities, this analysis highlights some of the most promising RWA altcoins to consider in September.
Explore the top 5 Real World Asset tokens with 100% profit potential amid market volatility. Discover why Avalanche, Maker, Ondo, MANTRA, and Axelar are must-watch coins for the next two months.
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.
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.
If approved, the upgrade would mean bitcoin can move more freely into the Cosmos ecosystem, potentially bringing in new liquidity.
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.
Ripple (XRP) introduces XRPL EVM Sidechain with Axelar Bridge to enhance interoperability and streamline asset transfers.
TL;DR Ripple Labs and Axelar partner to launch the XRPL EVM Sidechain, integrating compatibility with the Ethereum Virtual Machine (EVM). The new sidechain will facilitate interoperability and open up new opportunities in decentralized finance (DeFi). Collaboration with Axelar and Peersyst Technology strengthens the security and efficiency of the sidechain.
Ripple's XRP Ledger has announced a new collaboration effort with Axelar, a programmable blockchain interoperability platform. AXL price surged on Wednesday as Ripple will use Axelar as the exclusive bridge for its XRPL EVM sidechain.
RippleX, the development wing of Ripple Labs, has unveiled a major update to the XRPL EVM sidechain, facilitating Ethereum Virtual Machine (EVM) compatibility with the XRP Ledger (XRPL). This major development is set to enhance interoperability and open up new avenues for decentralized finance (DeFi) and real-world asset (RWA) tokenization on XRPL.
Ripple announced it will use Axelar as primary bridge protocol for its upcoming EVM-compatible sidechain: XRPL EVM Sidechain.
Fireblocks integrates with Cosmos, leveraging Osmosis to enhance DeFi functionalities.
Axelar unveils a new product to make plugging into the Axelar network easier.
Even if you're not an avid ‘Cosmonaut,' you're probably familiar with Sunny Aggarwal, the co-founder of Osmosis Labs. With an infectious smile and upbeat personality, Sunny's name is surprisingly apt.
The cryptocurrency industry continues to display an increase in price volatility with mid-cap and low-cap altcoins recording the highest price fluctuations, highlighting an increase in the buying and selling pressure for these tokens within the crypto space.
Ethereum has seen slow growth amid the recent market crash, and partly fueled by the fading expectation of SEC approving Ethereum ETFs in may. ETH has experienced losses by 15% in the past week, facing resistance at $3,550, with Bitcoin also making a substantial pullback.
Latest updates on SHIB, TAO, and OSMO coins.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $66,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the key $3,400 mark this morning.
Osmosis has been identified as the DeFi project with the highest level of development activity, contrasting with Uniswap, which has shown slower progress.
TL;DR Osmosis, dydX, and Synthetix are leading the pack in the DeFi sector with the most active development. Osmosis, a Decentralized Exchange (DEX) on the Cosmos network, has seen over 169 commits on GitHub in the last 30 days.
The decentralized Cosmos exchange Osmosis has been listed as the most actively developed DeFi project in the last month.
TAO, HNT, OP, KAS and AXL are the altcoins with the lowest weekly performance.
TL;DR Osmosis and Astroport, two major players in the decentralized finance (DeFi) sector, have announced a collaboration to deploy programmable liquidity pools on Cosmos, enhancing liquidity and offering more options for yield farming.
Cosmos-based decentralized exchange Astroport is set to deploy its passive concentrated liquidity (PCL) pools on Osmosis, the largest Cosmos-based DEX by volume, following successful governance votes on both platforms.
With every new year popping up on our calendar, the cryptocurrency space is going through tons of changes. In this evolving world, Binance has established itself as a trusted and star player.
In today's volatile cryptocurrency market, Axelar's AXL token has surged by an impressive 81% following the announcement of its listing on Binance, the world's largest cryptocurrency exchange. The listing news, which came directly from Binance, triggered a flurry of trading activity, propelling AXL's price to $2.73 per token, marking an astonishing increase from its pre-announcement level of $1.49.
The XRP Ledger partners with Axelar to boost real-world asset tokenization with cross-chain interoperability.
Ripple has tapped a Canadian startup for RWA tokenization XRP Ledger (XRPL).
Ripple and Axelar Partner to Boost Real-World Asset Tokenization on XRP Ledger.
All the details on the new partnership for an interconnected blockchain ecosystem
The partnership between Ripple and Axelar is part of a strategic move into tokenizing real-world assets.
As Per the latest news, Terra Luna Classic's L1TF developer, Vinh Nguyen, has forked the Osmosis test tube to enhance Astroport functionality and test upcoming upgrades, including an 800 million USTC burn. This development aims to fortify the Terra Classic ecosystem and positively impact LUNC and USTC prices.
Terra Luna Classic core developer group L1TF developer has successfully forked the Osmosis test-tube to work with the Terra Classic. It will help developers test fixes to the Cosmos liquidity protocol Astroport applied last month.
Latest updates on XRM, SLM, and OSMO coins.
Chaos ensues in the DeFi world. The Lido protocol finds itself in the midst of controversy after LayerZero, a leading company in building interoperability infrastructure for blockchains, launched a crypto bridge for Lido's stETH token without obtaining prior permission from Lido DAO, the community overseeing the protocol.
The rival proposal received over81% of votesin a recent poll, whereas LayerZero's proposal garnered just 5% support.
LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors.
Starknet, Osmosis, and Moonbeam have emerged as leaders in crypto ecosystem growth, according to the 2023 Crypto Developer Report from Electric Capital.