Cosmos Ecological EVM Compatible Chain Evmos Will Launch Evmos 2.0 on August 2
According to official news: Evmos, the Cosmos ecological EVM compatible chain, will launch Evmos 2.0 on August 2. Evmos 2.0 is not just a rebrand, but a major reset. Updates in this release include enabling StakeFi and IBC composability through Evmos EVM extensions, Evmos v2 token economics, creating value alignment with future Evmos SDK chains through software licensing.
Cosmos BuildersProgram announced the 2023 Q3 Cohort
According to Cosmos team, The 8 teams selected to join the Q3 cohort includes: Infrastructure, Wallets, Data, DeFi and the first IBC bridge to Avalanche which they are Leap, Seda protocol, TFM, Landside, ARTELA Network, AMULET Finance, NIBIRU Chain, VecticsDAO.
Galxe Will Launch Native Injective L1 Integration
Injective, the Cosmos ecological smart contract platform, tweeted that Galxe will launch native Injective L1 integration.
Stride to Boost Economic Security by $2.3B with Transition to Cosmos' Interchain Security System
Stride, a liquid staking protocol based on Cosmos, is set to move from its current STRD token model to Cosmos' interchain security (ICS) system powered by ATOM tokens. The transition is expected to take place on Wednesday between 17:00 and 21:30 UTC at block height 4616678. This move will increase Stride's economic security from roughly $25 million to $2.3 billion, making the protocol more resilient to hacks. Following the transition, Stride will be secured by staked ATOM instead of STRD tokens, and Cosmos' validator set will take over block production from the existing Stride validator set. Additionally, stakers have decided to reduce STRD distributed as staking rewards by 50%, and 15% of the STRD staking rewards will be shared with Cosmos Hub.
Sei Network: can DeFi's native public chain kill it in the L1 market?
Sei Network is the first L1 blockchain project based on an order book, using Cosmos SDK and Tendermint Core technology with a built-in Central Limit Order (CLOB) module.
Kava 14 Upgrade Enables Seamless Conversion of Native Cosmos Assets to Ethereum's ERC20 Token Standard
Kava, a blockchain that combines the power of Ethereum and Cosmos, has launched the Kava 14 upgrade which allows for seamless conversion of native Cosmos assets to and from Ethereum's ERC20 token standard. Tether has chosen Kava as the gateway for issuing native USDt on Cosmos, and with the launch of Kava 14, USDt can now be minted and easily converted on Cosmos to USDt on other layer one networks.
Nebular Summit 2023 in Paris to Showcase Latest Innovations in Interchain Developer Community
The Nebular Summit, Europe's top conference for Interchain builders, is scheduled to take place in Paris on July 24th and 25th, 2023. The event will bring together leaders, engineers, investors, and founders to discuss the latest developments and contentious issues within the Interchain developer community. Despite facing challenges such as decentralized leadership and market liquidity, Cosmos is gaining momentum with recent financial and infrastructure growth, including the launch of a $150M ecosystem fund by Injective Labs.
Tether Has Listed Its Native USDT on the Kava Blockchain
Kava announced on social media that Tether's stablecoin USDT is now integrated into the Kava blockchain, and native USDT is being issued to more than 60 Cosmos application chains. Native USDT has previously run on several blockchain networks, including Ethereum, Solana, Algorand, EOS, Liquid Network, Omni, and Tron.
Tether's USDt Launches on Cosmos via Kava, Bringing Deep Stablecoin Liquidity to the DeFi Ecosystem
Tether's USDt stablecoin has been successfully launched on Cosmos via Kava, providing deep stablecoin liquidity across the Inter-Blockchain Communication (IBC) and Ethereum Virtual Machine (EVM) ecosystems.
Kava 14 Opens Native Cosmos Assets to Ethereum with Internal Bridge Upgrade
Kava 14 has launched an internal bridge upgrade, making roundtrip Cosmos to Ethereum asset conversion more seamless and secure. The upgrade gives Cosmos users and EVM dApp builders a better, more secure way to transfer native Cosmos assets to and from Kava EVM. By integrating the internal bridge at the blockchain and wallet levels, Kava offers a more seamless user experience.
