Friday, November 22, 2024
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Cosmos-based Osmosis launches concentrated liquidity, lets LPs choose price

The Cosmos-based decentralized exchange Osmosis (OSMO) has launched a new “concentrated liquidity” feature, according to a July 12 announcement from the app’s developer, Osmosis Labs. The new feature allows liquidity providers (LPs) to choose a minimum and maximum price to offer to buy or sell crypto.Osmosis user interface. Source: OsmosisThe

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Privacy Blockchain Namada Proposes Airdrop for OSMO Holders, Tech Partnership With Osmosis

Namada co-founder Christopher Goes told CryptoX the planned grants program would support a range of privacy-centric research and development projects that benefit Cosmos-based Osmosis and Namada, which hasn’t launched yet. Namada would bankroll the effort but Goes said he’s “hopeful” Osmosis will pitch in too. Source

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‘IBC is a serious alternative for secure cross-chain communication,’ says Sunny Aggarwal of Osmosis

On August 2, the Nomad token bridge became yet another victim of cross-chain hacking after the protocol suffered a $190 million exploit. Joining a list of casualties alongside Axie Infinity’s Ronin Bridge and Solana’s Wormhole, many industry experts have cast doubt on the future of cross-chain technologies. However, not all

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Attackers loot $5M from Osmosis in LP exploit, $2M returned soon after

Osmosis, a decentralized exchange (DEX) built on the Cosmos network, was halted just before 3:00 am EST on Wednesday after attackers exploited a liquidity provider (LP) bug to the tune of roughly $5 million.The bug was first identified in a Reddit post on the official Cosmos Network page. The user, Straight-Hat3855, brought

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Terra, Avalanche and Osmosis lead the L1 recovery while Bitcoin searches for support

The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR. Following January's market sell-off, where Bitcoin (BTC) price dropped to bottom below $34,000, much of the L1 field has struggled to regain its momentum.Price performance

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