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Cryptocurrencies/Coins/Cosmos (ATOM)
Cosmos price, market cap on Coin360 heatmap

Cosmos(ATOM)

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$11.9334
(11.15%)
0.00049060 BTC
Market Cap (Rank#27)
$3,417,371,999
140,494 BTC
Vol 24h
$139,583,641
5,739 BTC
Circulating Supply
286,370,297
Max Supply
?
14h agocryptodaily
Fetch.Ai CEO Humayun Sheikh discusses Web3, Blockchain AI & ML
In this article, we are interviewing Humayun Sheikh, CEO and Co-Founder of Fetch-ai Network about how AI/ML technology can leverage blockchain, Fetch-ai Network's ecosystem, and the role of AI in the Web 3.0 revolution. Hello Humayun! Thank you for participating in this interview. Could you introduce yourself to our readers? I am an entrepreneur, investor and a tech visionary, who is passionate about technologies such as AI, machine learning, autonomous agents, and blockchains. I was a founding investor in DeepMind where I supported commercialisation for early-stage AI & deep neural network technology. DeepMind was ultimately acquired by Google for $650m in 2014. In 2017, I saw the opportunity at the intersection of blockchain, AI, and autonomous agents that. This is my fourth major venture. At Fetch.ai we are building the world's first peer-to-peer connectivity platform that aims to bring autonomous agents and AI capabilities - Open CoLearn, Axim and Dabbaflow products, on our blockchain based ledger - Fetch-ai Network How did you come up with the idea of merging AI/ML with blockchain technology? Blockchain brings the tenets of immutability, resiliency and decentralization. Once code in the form of smart contracts was able to use these tenets, it was logical for us to start building multi-stakeholder agent-based automation and AI/ML capabilities that are the cornerstone of the Fetch technology. We see the opportunity for our technology to leverage blockchain, cryptography and privacy-preserving primitives to solve complex coordination problems in a truly peer-to-peer fashion that will be devoid of centralized rent-seeking that is plaguing Web 2.0. What kind of applications do you foresee using Fetch-ai Network's ecosystem? The crypto asset market is relatively young when compared to assets in the traditional financial system. This is reflected in the relative lack of liquidity for the crypto assets when compared to the traditional assets, which took multiple decades to develop and get to the current levels of liquidity. Therefore, in the near term, it is fair to expect Decentralized Finance (DeFi) based applications to lead the charge as the primary use case for blockchains and crypto. We also expect DeFi to progressively bring new users in the blockchain and crypto fold. Particularly, we see an opportunity for apps offering real-world asset-backed stablecoin loans. Beyond DeFi there are opportunities in other consumer-facing apps such as decentralized delivery networks, Move2Earn apps, decentralized and privacy-preserving file-sharing, and other apps that will unlock truly peer-to-peer gig economies. MEXC and Bybit recently announced a $150M Fetch-ai Network Development Fund. Can you tell our readers about this Fund? The development fund is aimed at growing the Fetch-ai Network ecosystem by sponsoring DApps that will leverage the various tools for building decentralized applications that would increase the utility of the network. The development fund would be particularly interested in DApps that can not only serve a specific domain but can also become a building block for other DApps to have a multiplier effect on increasing the utility of the Fetch-ai Network. Can you shed some light on how you see the role of AI and Fetch-ai Network in Web 3.0? Web 3.0 is aiming to harness the true power of the interconnected web of computers to enable true peer-to-peer digital economies. There will however be a transitional phase where the w2.0 will embrace w3.0 ie W2.5.At Fetch-ai Network, we see our role as the infrastructure provider that leverages technologies such as blockchain, multi-agent frameworks, and AI to accelerate development and deployment of such peer-to-peer applications. We believe that our Fetch-ai blockchain network and automation using our Autonomous Economic Agents (AEAs) which can also be leveraged for off-chain interactions (not using the blockchain) will provide highly actionable datasets that can be leveraged by our AI tools to create more advanced peer-to-peer applications. How is Fetch-ai Network ready for the Web 3.0 revolution? We have our own Fetch-ai blockchain network that is based on the modular Cosmos SDK technology. DApp builders can write more secure Cosmwasm-based smart contracts in the Rust programming language. Our network is a Proof of Stake blockchain that has low transaction fees, instant transaction finality and is more environmentally sustainable than a first-generation Proof of Work blockchain such as Bitcoin. Our network also communicates with the other networks in the Cosmos ecosystem using the Inter Blockchain Communication (IBC) protocol. And soon it will be able to communicate with other popular ecosystems such as Ethereum, Polygon, Solana, Avalanche, and Polkadot. Besides our network, our key differentiators are our Autonomous Economic Agents (AEAs) that can not only help with automation but also enable peer-to-peer off-chain communication. Fetch-ai Network’s products such as Open CoLearn, Axim and Dabbaflow provide privacy-preserving decentralized federated learning capabilities to all DApps on the Fetch-ai Network. Can you share some insight into the unique ecosystem around the FET token? The FET token forms the backbone of the Fetch-ai Network and will be the fuel to power all applications being deployed on Fetch-ai Network. I would like to highlight some key Fetch-ai Network ecosystem projects: Open CoLearn a decentralized federated learning network, Dabbaflow a decentralized privacy-preserving file-sharing application, Fetch.ai app for unlocking peer-to-peer digital economies, Mobix a Move2Earn app, Resonate Social an AI-powered social media app, BotSwap a DeFi automation app, and Mettalex a decentralized commodities derivatives exchange. Beyond this, we are also collaborating with many large enterprises on multi-stakeholder and multi-year projects that will leverage many of our technology components. We also have many new exciting applications that are going to launch in the next few months. What are your top priorities for the quarter, for the year? Our priority this year is to underline all our tooling to the community of builders. We want to make it easy for them to create their DApps, so they can focus on solving their real-world use cases. We also want to focus on building end-user products that will lower the barrier for non-crypto natives to use our technology. In the coming months, we will also start enabling our technologies within our Fetch-ai Network Wallet. We see the wallet in the same vein for Web 3.0 as the browser is for Web 2.0 and as an important tool to attract new entrants in the space. It was great to talk with you and hear your insights! Thank you so much! Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day agocointelegraph
'IBC is a serious alternative for secure cross-chain communication,' says Sunny Aggarwal of Osmosis
So far, Cosmos’ IBC seems to have stayed clear of troubled waters.
1 day agocoindesk
Former Terra-Affiliated Project Kujira to Issue Stablecoin
The USK stablecoin is taking a cue from DAI and is set to maintain its price peg by a combination of overcollateralization of ATOM tokens and trading incentives.
1 day agocryptodaily
X Open Hub Adds 30 New Cryptocurrencies and 2 Emerging Market Indices to its Vast Asset List
Global provider of cutting-edge liquidity and technology solutions for financial institutions, X Open Hub has announced additions to its vast multi-asset offerings. The company has introduced 30 new cryptocurrencies and two emerging market indices, CH50cash and IND50cash, to the 5000+ global instruments it already offers. With 12+ years experience offering world-class technology and transparent liquidity solutions for banks and brokers, X Open Hub is committed to supporting financial firms. The company aims to help them achieve cost-optimized business models through improved operational efficiency and increased profitability. The Crypto Winter Is Ending Say AnalystsDespite the ongoing cryptocurrency winter, millennials and Gen Zs are increasingly looking at digital assets for investment purposes. A rise in awareness and education regarding this class of assets, along with their low correlation with price moves in traditional investment instruments, has been driving this interest. Increasing regulatory oversight across numerous countries is expected to lend stability to the digital asset class. Additionally, the rise of DeFi projects is also likely to drive interest in cryptocurrencies. Moreover, the decline in crypto prices in recent months has many investors wondering whether to buy the dip before the crypto winter ends. Historically, there have been four such crypto winters, including the current one. Each time, the market has reversed within around a year. So, investors might be looking at acquiring digital currencies while the prices are still low and before the market begins to rise once again. X Open Hub Adds 30 New CryptosBrokers are increasingly looking at offering their clients opportunities to trade the most popular and promising digital currencies. X Open Hub has added 30 new cryptocurrencies to its already long list of crypto offerings. The new crypto offerings available through X Open Hub’s liquidity solution are extensive and include: AAVE, ALGORAND, APECOIN, CHILIZ, COSMOS, CRONOS, CURVEDAO, DECENTRALAND, DYDX, ELROND, FANTOM, FILECOIN, FTX, GALA, GRAPH, INTERCOMP, IOTA, KILOSHIB, KYBER, MAKER, METAL, NEO, SANDBOX, STEPN, SUSHI, TRON, VECHAIN, WAVES, ZCASH and ZILLIQA. “We believe brokers need to stay abreast of trends and should perceive a wide range of cryptocurrencies as an additional tool to attract new customers or manage their retention. In the last quarter, we devoted a lot of attention to developing our asset class offering and equipping our partners with all the tools necessary to remain competitive in the market,” stated Michael Copiuk, CEO of X Open Hub. IND50cash and CH50cash X Open Hub has also added the IND50cash and CH50cash indices to its liquidity offerings. The IND50cash is based on the Nifty 50, the benchmark index that includes 50 of the most profitable companies across 12 sectors listed on the Indian stock markets. This makes it a well-diversified index. Alternatively, the CH50cash, is based on the China A50, a pan-China benchmark index that includes the top 50 companies, based on market cap, listed on the Shanghai and Shenzhen stock exchanges. A Global Leader Established in 2010, X Open Hub is the institutional arm of the XTB, which is listed on WSA and licensed across multiple jurisdictions, including the UK FCA, CySEC, IFSC, FSCA, and more. XOH has created a niche by providing complete front- and back-end technology and responsive support to propel growth for financial firms. X Open Hub’s solutions include deep institutional liquidity on more than 5,000 global instruments, including indices, shares, forex, cryptocurrencies, commodities, and ETFs, and a powerful white label platform that can be fully customised and branded for each brokerage. X Open Hub also offers multiple integration options to ease operations for brokers, such as FIX protocol, xAPI, MT4/MT5 Bridge or Gateway, and integration with Prime XM, Gold-I, oneZero, and more. This has helped the company gain over 100 clients across more than 30 countries within a decade of being launched. Speak to the X Open Hub Team about cryptocurrencies and emerging market indices. Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
4 days agocoindesk
A DAO That Literally Wants to Party on The Moon Just Sent a Viral YouTuber to Space
MoonDAO purchased two Blue Origin tickets as part of its larger mission “to explore the cosmos” after raising $8 million.
4 days agocryptodaily
Get Entries On These Crypto Before Extreme Positive Price Action Happens: Gnox (GNOX), Kava (KAVA), And Gnosis (GNO)
The FED has spoken, and collectively the markets have breathed a sigh of relief. Jerome Powell has outlined that the most recent rate hike of 75 basis points will be the last extreme rate hike. His tone struck investors as dovish, signalling the start of a move away from controlling inflation and towards economic stimulation in the coming months. The Dow Jones Industrial Average saw its largest single-day leap since 2009, and the bearish market sentiment is reversing. The current state of the market represents an enormous opportunity for investors, and experts have touted Gnox (GNOX), Kava (KAVA), and Gnosis (GNO) to see explosive growth shortly. Gnox (GNOX) Gnox will be a new addition to the BSC (Binance Smart Chain) ecosystem and is slated to launch in Q3 this year. Gnox has built strong momentum amongst the crypto community and sold out its second presale stage. Entering its third and final presale phase the token’s launch grows closer. Set to revolutionise DeFi (decentralised finance) earnings and bring the profits of DeFi yields to ordinary crypto investors. This project distils the complex process of earning within DeFi into a single investment vehicle.GNOX token holders will receive a monthly stablecoin reflection provided by the protocol’s treasury which is the first of its kind, built to earn for investors. Funded by buy and sell taxes, the treasury has been hard built to grow with time and thus deliver greater payouts to investors. As investors begin to receive these stablecoin payouts, the price of GNOX is expected to move sharply to the upside. Kava (KAVA)The Kava protocol is another project within the space garnering massive amounts of attention, introducing a new build type dubbed co-chain architecture. The Kava network combines the best of the Ethereum network and the Cosmos network. Powered by its Tendermint Consensus Engine, Kava incorporates the Ethereum ecosystem's richness and the Cosmos ecosystem's interoperability. This ultra scalable layer one protocol also offers a decentralised lending protocol. Thanks to its co-chain architecture, investors can borrow tokens not available on other lending platforms. KAVA trades at $1.87 and is slowly battling its way up through the ranks, currently resting at eighty-seventh ranked by market cap. As more and more users continue to join the network, Kava easily has the potential to break into the top twenty-five. Gnosis (GNO)Gnosis focuses on building infrastructure to improve DeFi. It offers three central functions for investors; to mint conditional tokens to speculate on real-world events, to provide better swap efficiency for traders through batch auctions, and offers the Gnosis Safe, the safest place to store assets on the Ethereum blockchain.Gnosis is one of the most exciting projects in the digital asset space and one that is genuinely ready to explode in value. GNO currently trades at $156, which is likely the investor’s last chance to buy this quality crypto at a discount. Find Out More Here: Join Presale: https://presale.gnox.io/register Website: https://Gnox.io Telegram: https://t.me/gnoxfinancial Discord: https://discord.com/invite/mnWbweQRJB Twitter: https://twitter.com/gnox_io Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
6 days agocoindesk
Cosmos-Based Liquid Staking Protocol Stride Raises $6.7M
The funding round was co-led by North Island VC, Distributed Global and Pantera Capital.
8 days agocryptodaily
Coinbase Prime Brings Ethereum Staking To US Institutional Clients
Coinbase announced in a blog post published on Monday that Coinbase Prime was adding Ethereum to its growing list of staking options for US domestic institutional clients. This offering allows another avenue for financial institutions who wish to enter the crypto space but are unsure how to do it. Another Option For Institutions Coinbase’s new offering gives institutions that have been eying the crypto industry’s burgeoning growth another crypto on-ramp to enter the space. The option of staking and generating yield could interest larger firms looking to park their funds and accrue interest. Apart from Ethereum, Coinbase Prime will also be offering staking tokens for other blockchains such as Polkadot, Solana, Cosmos, Tezos, and Celo. Interested clients will be able to create a wallet, decide the amount they wish to stake, and initiate staking through their Coinbase asset page on their Coinbase Prime account. Coinbase will hold the withdrawal keys in the company’s cold storage custody vault, and staking transactions would be required to reach a consensus before execution. Much Ado About Staking Staking offers passive income on assets already held in custody by allowing them to provide valuable work in the form of security to the blockchain. Ethereum rewards stakers that act in the network’s best interest and punishes those that act against the network or fail to secure the network for any reason. This makes it essential to stake with a reputable staking partner that could help to minimize risk while maximizing rewards. Staking assets can be compared to earning compound interest. However, this is different from traditional markets when dividends are reinvested. Staking rewards are paid in the form of the token that users have staked, and users will be able to reinvest these tokens, earning a significantly higher payout. The staked tokens are also typically stored in their respective wallets allowing users to earn yield without rehypothecation. Ethereum’s Shift To Proof-of-Stake With the Ethereum blockchain transitioning to the Proof-of-Stake consensus algorithm, validators who have staked ETH will replace miners in running and securing the Ethereum network. As a result, staking will be playing a significant role in the blockchain’s future, and there could be a significant increase in rewards accrued through staking. Coinbase had predicted at the beginning of the year that it expects ETH staking rewards to hit 12% APR once the merge had been completed. At the time of writing, data from StakingRewards shows that yields on staking pools had an average reward of 4.08%. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
16 days agocryptodaily
Private Crypto Wallet Accredited to Accept New Users in Midst of Utility Token Rollout
Zug, Switzerland, 22nd July, 2022, ChainwireAccredited Finance, the cost-effective Web 3 solution for digital asset management, is accepting new sign-ups for its uniquely tailored TradFi-to-DeFi digital asset custodian as a way to expand its platform during its ecosystem token launch. The ethos of the Accredited “wallet” is simple: to unlock defi for all by onboarding the traditionally informed individual or enterprise into the expansive world of crypto in a seamless and elegant manner. In joining the platform, users will gain access to tools and insight that will help them navigate the world of DeFi without ever having to leave the app. Users will notice that interfacing with the mobile app feels more like a digital banking app than a crypto wallet, to accommodate this jump from the old world of traditional finance to the new paradigm of DeFi. The Accredited Finance mobile app was previously only available to a select user base sourced through a venture capital network, with today marking the first instance in which the ecosystem truly embraces its mission of “Defi For All” and becomes available to the general public. Aside from the Accredited Wallet, the Accredited Finance crew also offers bespoke solutions for enterprises wanting to further mobilize their liquidity. By designing and implementing Web3 financial vehicles within a compliance-neutral framework, enterprises can manage their specially tailored financial tools from within the app. Accredited is set to onboard several more enterprises into the ecosystem later this year. To encourage the expansion of the ecosystem and to help further expose users to DeFi, Accredited Finance is introducing its native utility token, ACRDT, to help flesh out its DeFi ecosystem. Said token is set to be available for public presale by July 25th and will remain on sale until mid-August. Users can access the token sale through the native Accredited Finance mobile application or through its web dashboard at accredited.finance. The ACRDT token presale has thus far been privately led by boutique venture capital firm Atomind, which has raised nearly one million dollars in its closed funding round. Upon its launch, ACRDT will unlock even more DeFi capabilities for users within the Accredited Finance ecosystem. “We wanted to create an ecosystem for traditionally-minded investors to safely participate in decentralized finance within a framework that is reminiscent of traditional financial applications,” said Accredited Finance CEO Paige Horinek. “Our community has grown to over 500 active users in less than a year. The addition of the Accredited utility token to the ecosystem will further advance our overall vision of creating a bridge between the old world of traditional finance and the new exciting world of DeFi in a compliant and cautious manner. We are excited about this next step in growing our community and user-base, which is now being bolstered through a native utility token.” About Accredited Finance Accredited Digital Asset Custodian is a web3 solution for onboarding traditionally minded financial investors onto Decentralized Financial Vehicles. Accredited comes with compliance-ready solutions for businesses wanting to introduce a distributed ledger vertical to their model through tokenization. For more information visit https://www.accredited.finance ContactsPaige HorinekAccredited [email protected]
19 days agocryptodaily
Analysts Say Now Is Right Time to Invest In These: Stellar (XLM), Atom (ATOM) and Degrain (DGRN)
They say that generational wealth can be made in the bear market, and that’s true. This is one of the best times for investors to track down better profitable investments while most try to get the best buys. Granted, the market conditions are fearful, but a good trader never lets fear ruin what could be a great move. So, here are three coins you can invest in during this period that should give you a ton of profits once there are clear skies. Stellar (XLM) investors begin to buy Degrain presale tokens Stellar (XLM) is a decentralized protocol that operates on open-source code. It acts as a bridge that facilitates the transfer of digital currency to fiat money locally and globally. The blockchain's cryptocurrency is called the Stellar Lumen, and the token trades under the symbol XLM. Given its great track record, Stellar (XLM) has proven itself to be a worthy buy in the ecosystem. The XLM token currently ranges from as low as $0.11 to as high as $0.87 per coin, and this statistic indicates how much growth the coin has to do given the right amount of time. Analysts agree that Stellar (XLM) could be the one to watch. Atom (ATOM) could be the new internet Cryptocurrency designers share only one major goal: to create the internet of blockchains. Two of the features that set the Cosmos Hub (ATOM) network aside from its counterparts are its customizability and interoperability. Cosmos Hub (ATOM) does not focus solely on itself but is more dedicated to fostering an environment of networks that can share data and tokens without any central party enabling the activity. The Cosmos Hub (ATOM) cryptocurrency that powers the network has a market cap of over $2 billion with a $344.4 million daily volume. Trading activity over these past few weeks have also shown that there are more buys than sales, so now would be a great time to ape in as well. We believe that Cosmos Hub (ATOM) could rise from its current price of $11 to the mid-high $20s by the end of 2023. Degrain (DGRN) sold out of phase one presale in less than two weeks The approach Degrain (DGRN) is taking is innovative and unique, putting it on the radar of many savvy investors. It is to be a new cross-chain NFT marketplace whose call for investors has been getting answered globally. When it kicked off its presale on July 7th, there were more than 11 million DGRN token sales in the first minute at $0.01. It is currently trading at $0.04, a rise of 300%, and has been showing strong signals of its price rising in the near future. Degrain is offering investors a high potential opportunity. It is clearly more than an alternative, and there is a large possibility of the coin rising up to 8,000% in the near future. Some top crypto analysts have predicted that Degrain will be the top crypto earner during 2022. Website: https://degrain.io Presale: https://presale.degrain.io Telegram: https://t.me/degrainio Twitter: https://twitter.com/degrainio Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
19 days agocoindesk
Synthetix's SNX Rises 14% on Liquidity Deal Renewal With Jump Crypto
Synthetix has traded over $2.8 billion worth of on-chain assets following the launch of atomic swaps earlier this year.
21 day agocryptodaily
Secure Your Future; Gnox (GNOX), Evmos (EVMOS) And Amp (AMP) Could Bring You Financial Freedom
We’re coming to the end of a big, bad, bear market. It’s going to take a few months for crypto assets to find a new floor. And once they do, they face a ladder of psychological price resistance levels as they try to regain their former glory. A better idea for new crypto investors might be to get in on a newcrypto/blockchain platform that doesn’t have a long price history and therefore doesn’t have any psychological resistance levels to battle on the way up. Here are three tokens that fit the bill and could end up being millionaire makers in the next bull run. Evmos (EVMOS) Evmos is an Ethereum-compatible protocol on the Cosmos blockchain. The platform makes it easy for developers to create applications that interact seamlessly with several blockchains and to develop smart contracts for the Cosmos Network. Evmos is an Inter-Blockchain Communication protocol (IBC), It’s like an Internet Protocol layer for blockchains that offers a safe and secure way to move assets across chains. Safe interoperability across multiple chains is currently the Holy Grail of crypto. If Evmos catches on it could be a pivot point for hundreds and thousands of Web3 apps in the future making it a potential millionaire maker. Amp (AMP) Amp is what’s known as a digital collateral token. It uses special smart contracts to faciliate instant verification of any kind of value transfer through a system of collateral partitions and collateral managers. Collateral partitions can collateralize any account, application, or transaction. Similar to an escrow, collateral managers lock, release, and redirect collateral. Assets are directly verifiable on the Ethereum blockchain. Amp is one of those applications that has massive utility in the world of finance and asset protection. If Amp can ramp up adoption before competitors can horn in on their action this token could very well be a millionaire maker. Gnox Token (GNOX) Gnox offers “yield farming as a service.” All crypto investors have to do to invest in a diverse portfolio of crypto assets that earn passive income is to buy and hold the token. Gnox Token is what’s known as a reflective DeFi token. That means as long as you hold GNOX your stack continues to grow. This is made possible by a 1% royalty on all aftermarket sales of GNOX tokens airdropped back to holders every hour. Another 6% royalty on aftermarket sales is added to the Gnox treasury. When you sell your GNOX tokens you leave your treasury donation behind. This assures that the treasury is eternally growing and producing more and more passive income for holders. It also discourages speculative short-term trading and encourages long-term holding. The longer you hold onto your Gnox token the larger your stack gets and the more passive income you earn. The simplicity of the Gnox strategy gives GNOX the potential to be the first DeFi token to see mass adoption. GNOX is still in presale mode. Monthly burns before launch assure that early buyers will see gains before the platform even launches. In the long run, GNOX could easily be a millionaire maker, especially for early adopters. You can get in on the presale and learn more about the Gnox strategy on the Gnox.io website. Learn more about Gnox: Join Presale: https://presale.gnox.io/register Website: https://gnox.io Telegram: https://t.me/gnoxfinancial Discord: https://discord.com/invite/mnWbweQRJB Twitter: https://twitter.com/gnox_io Instagram: https://www.instagram.com/gnox.io/ Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
22 days agocryptodaily
Portal, Backed by Coinbase and Other Prominent Investors, Announces Republic Equity Offering
San Francisco, United States, 19th July, 2022, ChainwirePortal, a cross-chain Layer-2 DEX network being built on Bitcoin, is delighted to announce its Reg D equity offering through Republic, a multi-asset investment platform that allows anyone to invest in vetted, private startups. The public sale began on Monday, July 18th. Portal is extending the capabilities of Bitcoin to lay a more robust foundation for self-sovereign finance. The team truly believes that the participants make the project, and want to ensure that those who support delivery of a truly decentralized financial network, including collaborators, users, and Republic investors alike, enjoy the growth of the company as much as the founders do. By making ownership of Portal available to the public, it is extending the accessibility of its operations (and profits) to the wider masses. According to Republic, their vetting process only approves 3% of startups to fundraise on the platform. The equity offering will allow the general public to invest in an ambitious project building DeFi on top of the Bitcoin blockchain. Portal CEO Eric Martindale said, "The signal remains strong in the storm — Bitcoin remains the most likely candidate upon which the future of financial infrastructure will be built. As Bitcoin's metrics continue to achieve all-time highs, Portal is eager to bring on this new round of investors in pursuit of advancing Bitcoin-based infrastructure and the continued decentralization of traditional financial services." The Reg D equity offering via Republic’s platform comes as Portal prepares to launch its testnet in the coming weeks. It is building a full-fledged, censorship-resistant DeFi ecosystem on top of the Bitcoin network. Though Bitcoin is often seen just as digital money, Portal is leveraging the Bitcoin network as the rails for building many layers of censorship-resistant financial applications on top of it. Every geopolitical event over the last year has reinforced the need for a censorship-resistant global financial system. The peer-to-peer atomic swaps underpinning Portal provide true decentralization, enabling users to trade native Layer-1 assets across different blockchains without delays, blocked funds, or exploits. Portal’s Layer 2 and Layer 3 technology not only expands the cross-chain functionality of Bitcoin, but also simplifies building censorship-resistant communications, media and one-click execution of cross-chain swaps on top of the Bitcoin blockchain. It facilitates the private, off-chain execution of “smart contracts” for asset issuance, swaps, staking, liquidity, derivatives, and more, all peer-to-peer, without third-party custody or control. Participation Details Investors from around the world, including the residents and citizens of the United States, will be able to participate in the sale. They’ll have the option to fund their purchases via fiat or in BTC, USDT, USDC or ETH. The number of investors is limited to about 1,900. Portal expects the Reg D offering to sell out very fast. About Portal Portal is DeFi built on Bitcoin. It makes trade unstoppable with anonymous, zero-knowledge swaps via the first true cross-chain DEX that’s trust-minimized. It eliminates the need for minting wrapped coins (ie wBTC, wETH) or risky staking with intermediaries. With Portal, DeFi becomes a service that anyone can provide, maintaining anonymity within open, transparent markets with a security model as robust as Bitcoin mining. Portal’s Layer 2 and Layer 3 technology enables building censorship-resistant communications, media and one-click cross-chain swaps, all on Bitcoin. For further information, visit: Website | Twitter | Discord | TelegramContactsGeorge [email protected]
23 days agocointelegraph
‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022.
23 days agocryptodaily
With Many Cryptos Falling Victim To The Bear, Only A Few Escape; Gnox (GNOX), Evmos (EVMOS), And Binance Coin (BNB)
After losing almost $2 trillion in value since the November 2021 highs, the crypto market has suffered a brutal meltdown this year. Many experts are of the opinion that this bear market is going to be longer than what we assume. Some major cryptocurrencies have faced the brunt flat on face, except a few resilient cryptos like GNOX, EVMOS, and BNB. Let’s take a look at what makes them tough against turbulent market conditions. Gnox (GNOX) Gnox is a community-focused ecosystem with the primary focus to provide “Yield farming as a service” to investors. It sets a new standard in tokenomics to protect the value against volatile market conditions. The conceptual incentive model of this protocol is based on the deployment of the treasury to DeFi protocols. Rewards generated from liquidity pools and DeFi lending are shared among GNOX token holders. This encourages long-term investment from potential investors, which creates sufficient buying pressure on the token. It is currently in the presale phase, and all the unsold tokens will be burnt before the contract launch. This will trigger further price increase, irrespective of blood on the streets. Evmos (EVMOS) Evmos is a next-level PoS blockchain that brings Ethereum-based applications to the Cosmos ecosystem, thus allowing developers to access all the desired features of Ethereum. With high throughput, horizontal scalability, and fast transactions, Evmos is a boon for developers looking to deploy their smart contracts on a Proof-of-stake consensus. The functionality of this level is anticipated to be the future of crypto development. Furthermore, its native token EVMOS is not just intended to be used for transaction fees and staking. It will also align users, developers, and validators through a governance mechanism. At the current price, it has shown plenty of strength over the past few weeks and is expected to weather the storm further. Binance Coin (BNB) BNB is the primary token of the Binance Smart chain ecosystem, with other prominent use cases such as paying for trading fees, staking, and real-world purchases. It is one of the most popular utility tokens in the world with an auto-burn mechanism that fuels the supply-demand tokenomics. BNB has stood the test of time, thanks to a growing ecosystem that keeps expanding regardless of market conditions. Experts consider Binance Coin as one of the safest investments that will generate exponential returns over the long term. Find Out More Here: Join Presale: https://presale.gnox.io/register Website: https://Gnox.io Telegram: https://t.me/gnoxfinancial Discord: https://discord.com/invite/mnWbweQRJB Twitter: https://twitter.com/gnox_io Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
26 days agocryptodaily
3 Cryptos That Could Help You Become A Millionaire: Gnox (GNOX), Kava (KAVA) And Loopring (LRC)
The dream of becoming a millionaire is not as far off as many people think. Crypto is developing at an astonishing rate, and blockchain technology will power the future. Protocols addressing unique verticals are created every day; future millionaires will be those who spot a promising protocol early on and make an investment. This article features three crypto projects with vast potential that could go on to create millionaires. Gnox (GNOX)First is Gnox, and it is featured first because of the development stage of the protocol. In its second presale stage, investors have the chance to join this protocol at the very beginning and make the entire journey with Gnox. Presales have been the greatest creator of wealth within the crypto sphere, with investors buying the token before it launches on the open market and essentially acting as venture capitalists. Gnox brings simplicity to Defi (decentralised finance) earnings and makes generating yield accessible to everyone. This reflection token is trailblazing a new form of investment by making it as simple as possible to participate in DeFi. GNOX holders will receive an hourly distribution of GNOX tokens and a monthly stablecoin reflection from the protocol’s treasury that is deployed in DeFi to generate yields for investors. Both earning angles are made possible by GNOX’s buy and sell tax tokenomics, and the developers have hard-built a protocol for long-term investors.Kava (KAVA)Kava is a fascinating project that uses its Tendermint consensus engine to bridge two chains making this project one of the first in the crypto sphere to utilise co-chain architecture. Building on the vast ecosystem of Ethereum and its solidity coding language and introducing the scalability of the Cosmos network, Kava has created a unique ultra-scalable layer one protocol designed for developers. The Kava protocol facilitates permissionless lending and borrowing and currently features a supply APR of 25.96% for BUSD, one of the most prolific stablecoins in the crypto sphere. Due to its co-chain architecture, the Kava protocol allows users to borrow unique digital assets not available on other DeFi lending protocols. The potential for growth within the Kava network is obscene. Loopring (LRC)Loopring has become one of the most hyped crypto projects within the community for a good reason. Loopring is a layer two scaling solution bringing ZK-Rollups (Zero-Knowledge Rollups) to the Ethereum network. The Ethereum network is the powerhouse of DeFi, with all the major protocols being built on it, but it suffers painfully slow transaction speed and super high gas fees. Loopring allows market participants to trade assets across Ethereum exchanges without paying Ethereum gas fees. It is an infrastructure built on top of the Ethereum network to reduce network congestion and makes trading digital assets within the ecosystem faster, cheaper, and far more efficient. Find Out More Here:Join Presale: https://presale.gnox.io/registerWebsite: https://Gnox.ioTelegram: https://t.me/gnoxfinancialDiscord: https://discord.com/invite/mnWbweQRJBTwitter: https://twitter.com/gnox_io Disclaimer: This is a sponsored pressrelease andis for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
27 days agocryptopotato
CoinShares Unveils Staked Algorand ETP on Deutsche Boerse
The new CoinShare's physically-backed ETP joins the list of other staked ETP offerings, including Polygon, Polkadot, Solana, Cardano, Tezos, and Cosmos.
27 days agocointelegraph
CoinShares launches staked Algorand ETP on Deutsche Boerse Xetra
The new Algorand ETP joins a family of CoinShares’s staked ETPs featuring cryptocurrencies DOT, XTZ, ADA, SOL, ATOM and MATIC.
30 days agocryptopotato
South Korea’s Largest Mobile Operator to Introduce a Web3 Wallet: Report
SK Telecom partnered with AhnLab Blockchain Company and Atomrigs Labs to design a digital wallet focused on crypto and Web3.
36 days agocointelegraph
PennyWise crypto-stealing malware spreads through YouTube
The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs.
38 days agocointelegraph
Top 5 cryptocurrencies to watch this week: BTC, SHIB, MATIC, ATOM, APE
Traders are taking a hands-off approach to Bitcoin and altcoins until BTC successfully flips the $20,000 level back to support.
39 days agocryptopotato
Bitcoin Stalls Below $20K, Tezos Soars 7% (Weekend Watch)
Tezos and Atom are among the few substantial price gainers on a 24-hour scale. Bitcoin stands still below $20,000.
40 days agocoindesk
Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say
The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO.
42 days agocoindesk
A Major Crypto Exchange Abandons Ethereum: Is the World’s Computer Falling Behind?
By ditching Ethereum for Cosmos, dYdX has sparked claims that it has chosen sovereignty over security.

About Cosmos

The live price of Cosmos (ATOM) today is 11.9334 USD, and with the current circulating supply of Cosmos at 286,370,297 ATOM, its market capitalization stands at 3,417,371,999 USD. In the last 24 hours ATOM price has moved 0.6164 USD or 0.05% while 176,948,830 USD worth of ATOM has been traded on various exchanges. The current valuation of ATOM puts it at #27 in cryptocurrency rankings based on market capitalization.

Learn more about the Cosmos blockchain network and how it works or follow the price of its native cryptocurrency ATOM and the broader market with our unique COIN360 cryptocurrency heatmap.

The Cosmos (ATOM) network was launched by Jae Kwon and Ethan Buchman in 2017 with the aim to solve scalability, interoperability and usability issues faced by conventional blockchains. Today, Cosmos development is supported by a Swiss non-profit foundation called Interchain Foundation (ICF), and it is widely recognized as a continuously expanding network of interconnected and decentralized blockchains.

While the Cosmos whitepaper was released in 2016, its native cryptocurrency ATOM was released in 2017 via the most successful blockchain-based fundraiser of its time. The token sale garnered $16.8 million in funding within 30 minutes. The Cosmos Hub, a name often used interchangeably with the Cosmos network, is the economic center of Cosmos. It is a blockchain that interconnects all blockchains running on Cosmos through IBC (Inter-Blockchain Communication) protocol and is secured by ATOM, its native token.

Using Cosmos, developers are able to build absolutely autonomous app-specific blockchains which can easily connect with each other. As a result, the platform is extensively used in domains like social networks, gaming, NFTs (Non-Fungible Tokens), DeFi (Decentralized Finance), marketplaces and DAOs (Decentralized Autonomous Organizations). 

The Cosmos ecosystem comprises over 265 apps and services, with more than $50 billion worth of digital assets under management. Some well-known projects built using the Cosmos infrastructure include Crypto.org, Terra, Binance Chain, Athea, Bytom, OKC or OKX Chain and Polygon.

ATOM price

As can be seen in our ATOM live price chart, the coin’s price remained well under a dollar since its ICO in 2017 till around the Cosmos Hub launch in early 2019. ATOM price quickly rallied upwards after the Cosmos Hub went live, and breached the $7 resistance in June 2019. However, the price of ATOM kept moving between $2 and $8 for the most part of 2019 and 2020, ending the latter at $6.5. 

ATOM coin’s next noteworthy price action came in February 2021, soon after the Stargate upgrade. Further egged on by a market-wide bullish sentiment, ATOM price breached $25 by end of February, and continued its rise, breaking out above $30 in May 2021. 

Four months later, ATOM registered its all-time high above $44.50 on Sept. 20, 2021. ATOM’s fully diluted valuation at the time can't be calculated since it has no fixed maximum supply. The coin came close to its ATH in January 2022 but retraced to under $30 by the end of Q1, 2022.

How ATOM works

Rather than multiple blockchain apps competing with each other for resources on a single layer-1 blockchain, in Cosmos, each decentralized app has its own sovereign blockchain which is connected with others.

The Cosmos Hub, with its native coin ATOM, makes up the core blockchain of this internet of blockchains. It went live on the Cosmos mainnet in 2019 and was the first of the hundreds of thousands of blockchains to launch on the Cosmos network. It has been designed with multiple services, to serve blockchains connecting to Cosmos, including a decentralized interchain exchange, shared security, secure custody of digital assets and bridges to Bitcoin and Ethereum blockchains. The connected blockchains communicate with each other through an interoperability protocol called the IBC (Inter-Blockchain Communications) protocol. It is modeled after the TCP/IP technology and ensures the secure transfer of value and data between the blockchains. 

The Cosmos Hub, like most blockchains on the Cosmos network, employs a variant of the Proof-of-Stake mechanism called the Tendermint Byzantine Fault Tolerance consensus algorithm. ATOM coin holders stake or lock their coins with network validators, thus playing a part in securing the Cosmos ecosystem. They earn rewards in the form of transaction fees (split amongst stakers) as well as voting rights to participate in Cosmos' governance. 

The IBC protocol and BFT consensus mechanism ensure that blockchains created on Cosmos retain their independence and can freely communicate with other blockchains. Besides these, Cosmos also offers developers pre-built modules in the form of Cosmos SDK, enabling quick deployment of super-efficient blockchains which can be modified based on specific use cases.

ATOM news, updates and highlights

In a significant development for the Cosmos network, its Stargate upgrade was implemented in February 2021, enabling, for the first time ever, seamless communication between Cosmos blockchains through the platform’s standardized IBC protocol.

More recently, in another noteworthy ATOM news, the network’s Hub Theta upgrade went live in April 2022. It added a host of features to the Cosmos platform, including giving the Cosmos ecosystem’s blockchains the ability to control accounts on other networks. With this ability, users on a specific blockchain can easily swap and/or stake tokens on a different blockchain, and conduct more account-related operations, including voting on governance proposals of the latter.

Frequently asked questions about ATOM

  • Can you stake or mine ATOM coins?

You cannot mine ATOM coins but you can stake your ATOM holdings to earn staking rewards.

  • Which are the best wallets for ATOM cryptocurrency?

Cosmos recommends around 35 crypto wallets for storing your ATOM coins. These include Guarda Wallet, Exodus, AToken, Atomic Wallet, Huobi Wallet and Trust Wallet. You can look at the list here.

  • What can you do with ATOM coins?

You can stake your ATOM coins to earn staking rewards and have the right to participate in Cosmos' governance. You can also trade ATOM against other crypto coins on reputed exchanges.

  • How can you buy ATOM coins?

The best way to buy ATOM coins is from recognized and established crypto exchanges. You can buy ATOM with fiat currency, or use crypto trading pairs like ATOM/USDT, ATOM/ETH, ATOM/BTC, ATOM/SOL, etc., to make the purchase.

Cosmos Price11.9334 USD
Market Rank#27
Market Cap3,417,371,999 USD
24h Volume139,583,641 USD
Circulating Supply286,370,297 ATOM
Max SupplyNo Data
Yesterday's Market Cap3,426,081,300 USD
Yesterday's Open / Close11.3474 USD / 11.9638 USD
Yesterday's High / Low11.9847 USD / 10.6881 USD
Yesterday's Change
0.05% ( 0.6164 USD )
Yesterday's Volume176,948,830 USD
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