On April 6th, Cosmos celebrated the 5-year anniversary of its 2017 fundraiser, where $17 million was raised in less than thirty minutes to support the development of its ecosystem. Exactly five years after the fundraiser, Cosmos recorded over $150 million in IBC transactions in 24 hours, proving that slow and steady wins the race —…
Cosmos’ Inter-Blockchain Communication Protocol (IBC) surpassed 11 million transfers in February
The Inter Blockchain Communication Protocol (IBC) logged 11.2 million transfers in February, reaching an all-time high activity. The Interchain Foundation, a Swiss non-profit working on funding the Cosmos ecosystem, told CryptoSlate that this spike in activity was due to the fact that 38 projects have activated IBC to date. IBC brings Cosmos closer to a…
Evmos delays mainnet launch, increases token allocation for upcoming rektdrop
Evmos, the first IBC-compatible EVM-based chain on Cosmos, has delayed the launch of its mainnet. Scheduled for February 28th, the launch was moved to Wednesday, March 2nd, and will take place at 6 PM UTC. To appease the Evmos community, which has been anticipating the launch for months, the network has increased the number of…
What is Interchain Security and why is it so important to the Cosmos (ATOM) ecosystem?
Informal Systems, a development company building on Cosmos, published the first preview of the newest shared security model to be added to the Cosmos ecosystem. Aside from providing security to Cosmos blockchains, this model will also make the process of launching a blockchain much easier and more accessible. We dive deeper into the model Informal…