Wormhole Launches New Bridge Connecting to any Cosmos Appchain

July 21, 2023
The Last Cryptocurency
CoinDesk Feed
CoinDesk Feed

The Wormhole Foundation launched a new bridge into the Cosmos ecosystem Friday morning, making it the first bridge that connects liquidity and users from more than 20 different blockchains to any Cosmos appchain.

According to a Wormhole blog post, the gateway bridge is designed to make it easier for developers and users to on-ramp tokens to any Cosmos chain, with the purpose of driving “liquidity to grow the Cosmos ecosystem.”

While Wormhole expanded into the Cosmos ecosystem in 2022 by integrating with Injective, a Cosmos-based blockchain, this launch impacts the entire network of appchains.

According to its website, Wormhole has over $378 million in total value locked across its various bridges.

Edited by Danny Nelson.

Sep 30, 2020 at 19:22 UTCUpdated Sep 30, 2020 at 19:38 UTCA Florida crypto trader has been charged with duping $6.8 million from investors in his purported digital asset day trading shop.The U.S. Securities and Exchange Commission alleged in its Tuesday complaint that the defendant, Thomas J. Gity, defrauded investors from January 2018 through January…

Ether Hits $4K for First Time in More Than Two Years

Ether (ETH), the second-largest cryptocurrency by market value, hit $4,000 for the first time in more than two years on Friday.The cryptocurrency had been climbing over the past few months alongside bitcoin, which reached record highs March 5. The last time ether was this high was Dec. 28, 2021.Ether has outperformed bitcoin over the past

CoinDesk Feed

Civic

24H Low$0.4724H High$0.49PriceMarket Stats24H Average Transaction Feen/aReturnsNumber of TransactionsPrice PerformanceAverage Time Token is HeldTwitter SentimentSearch TrendsBitcoin CalculatorCrypto to FIATCrypto to CryptoLast Updated on 10/16/21 1:45 PM CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN…

Arrington XRP Backs Fund’s $200 Million Raise for Algorand Blockchain

news Algo Capital, an investment firm exclusively focusing on the Algorand blockchain ecosystem founded by the MIT professor Silvio Micali, has raised $200 million for a new fund dubbed Algo VC Fund. The company said in an announcement on Tuesday that those who committed include investors like NEO blockchain’s NGC Ventures, TechCrunch founder’s Arrington XRP…

Bitcoin Miners Send Message at Fidelity: We Run on Clean Energy, Not Dirty Coal

news Bitcoin miners made the case for their industry as a driver of clean energy adoption, rather than the ecological disaster depicted by critics, at Fidelity’s Mining Summit Friday. The venue for the daylong event was as notable as the talks. The Fidelity Center for Applied Technology, an R&D division that has dabbled in bitcoin mining,…

Short-Term Holders Send $3B in Bitcoin to Exchanges at a Loss as Mideast Tensions Rise

Bitcoin recorded back-to-back daily declines of 3.7% as tensions in the Middle East escalated. Short-term holders sent $3 billion worth of bitcoin to exchanges at a loss over the past two days. In the past two days, Sept. 30-Oct. 1, bitcoin (BTC) registered consecutive declines of 3.7% as geopolitical tensions ramped up in the Middle

Elections, SEC Cases, DOJ Cases: What Crypto Regulation May Bring in 2024

The CoinDesk policy team is scattered throughout the world; in the final edition of this newsletter, each member explains what they're watching in 2024 in the world of crypto regulations. Happy holidays, and we'll see you next year!You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here

Bitcoin SV

24H Low$170.0424H High$174.61PriceMarket Stats24H Average Transaction Fee$0.032246About Bitcoin SVBitcoin Satoshi Vision (SV) is a cryptocurrency created in late 2018 by forking the Bitcoin Cash blockchain and adjusting the protocol with larger block sizes to reduce transaction fees. The name comes from its supporters belief that cheaper fees aligns with Satoshi Nakamoto’s vision for Bitcoin. Bitcoin…

Custody Startup Curv Follows Crypto Demand Into Asia With New Hong Kong Office

Apr 17, 2020 at 21:02 UTCThe Curv team, with CEO Itay Malinger at center right. (Credit: Curv)Institutional custody startup Curv has expanded into Asia with an office in Hong Kong and a partnership with Japan-based Crypto Garage, the companies announced Friday.Curv, is aiming to help Asian exchanges self-custody various cryptocurrencies with its multi-party computation (MPC)…

Share this: