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.
The crypto market continues to trend bullish despite a dip for altcoins in the past 48 hours. But as alts eye the next leg up, the flagship asset Bitcoin (BTC) is already on what looks like an unstoppable dash past $100k.
Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.
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.
Filecoin (FIL) is expanding its ecosystem with new L2 solutions like Akave and Storacha, securing major funding and launching innovative networks to enhance decentralized data storage.
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.
Binance announces support for the Filecoin (FIL) network upgrade, with a temporary suspension of deposits and withdrawals on November 20, 2024. Trading remains unaffected.
Latest updates on the coins ATOM, MATIC, and TAO.
Filecoin (FIL) has gained attention for its impressive resilience and technical strength, positioning itself for major growth in the near future. With support levels holding firm for nearly two years and a rising demand for decentralized data storage solutions, analysts are forecasting significant upside potential for the token.
Filecoin's strong support levels and market momentum hint at major upside potential, positioning it as a standout.
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.
As the Decentralized Physical Infrastructure Network (DePIN) sector gains traction, November 2024 presents an opportunity for investors to capitalize on emerging altcoins in this space. These altcoins have been disrupting the crypto market by merging blockchain technology with real-world applications.
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.
Filecoin protocol Glif is set to launch its native GLIF token, with 100 million tokens allocated for airdrop to eligible users.
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.
Despite a recent pullback, AXS is set for a strong recovery.
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.
Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.
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.
Two popular tokens, Axie Infinity (AXS) and Sandbox (SAND), have seen significant price increases recently. This uptick comes as the entire crypto market experiences a rally, with Bitcoin testing the crucial price level of $69,000.
New interest in crypto gaming has play-to-earn game Axie Infinity (AXS) up as bulls celebrate upside momentum. It's an outlook that's also catalysed interest in Dogizen (DOGIZ). This tap-to-earn game has captured investor attention with the first-ever Telegram ICO.
The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.
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.
AXS Unlock date - Oct 14th 2024 Number of tokens unlocked- 12.58 million AXS (4.66% of its circulating supply) Current Circulating Supply - 152.23 million million AXS Token distribution Staking rewards - 2.45M tokens (3.13%) Teams - 5.74M tokens (10.1%) P2E - 2.70M tokens (5%) Ecosystem - 1.69M tokens (7.81%) Source - cryptorank.
Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.
The Web 3 game Axie Infinity saw an increase of 11.34% of its staked AXS in one year. From October 1st 2023 till October 2024, the amount of staked AXS has gained 5,956,719 AXS.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Cosmos developer Interchain Foundation has liquidated 4,000 ETH worth around $9.5 million.