Cosmos is a permissionless decentralized network of interoperable and independent blockchains that exchange tokens and information. Cosmos was established in order to overcome some of the problems that modern blockchains have. Scalability, governance, and usability are among these concerns. Blockchains can be separated into three conceptual layers from architecture:  Application layer: It updates the state of blockchain based on the execution of transactions.  Networking Layer: It is in charge of ensuring that transactions and consensus-related messages are propagated.  Consensus Layer: It allows nodes to agree on the system’s present state. The Cosmos is a decentralized network of autonomous, scalable, and interoperable blockchains powered by the Tendermint Core Byzantine Fault-Tolerant (BFT) consensus algorithm. Cosmos is all about the multi-chain world, seamlessly communicating data and tokens between numerous sovereign blockchains. This establishes a collaborative ecosystem because no project or blockchain in the ecosystem exists to compete with others; instead, Cosmos connects them all.  Features of Cosmos: Tendermint Core Cosmos SDK IBC Tendermint Core Tendermint BFT combines a blockchain’s networking layer and consensus layer into a generic engine, allowing developers to focus on the development of the application layer rather than the complicated underlying protocol. Tendermint saves hundreds of hours of development time as a result. Tendermint is also the name of the byzantine fault-tolerant consensus method employed by the Tendermint BFT engine. The Application Blockchain Interface connects the application layer of blockchains with the Tendermint BFT engine through a socket. Any programming language of your choice can be used to wrap the protocol, allowing developers to use whatever language best suits their needs. Cosmos SDK The Cosmos-SDK is an open-source framework for creating multi-asset public Proof-of-Stake (PoS) and Proof-of-Authority (PoA) blockchains, such as the Cosmos Hub. Application-specific blockchains are blockchains that have been created using the Cosmos SDK. The Cosmos SDK’s purpose is to simplify developers to build unique blockchains from the ground up that can natively interact with existing blockchains. IBC It’s a protocol that enables different blockchains to communicate with one another. Considering the legalities and constraints that needed to be met to make this communication process a reality was hard. IBC makes it easy to transfer tokens and other data in a trusted and frictionless manner. It opens up a world of possibilities allowing for interoperability and value transfer, without facing the scaling issues which can be seen today in many blockchains. How does IBC work? The logic behind IBC is very simple. Let us suppose, there is an account on chain X, and it wants to send 20 tokens (for eg. ATOM) to chain Y.  Tracking Chain Y receives the headers of chain X continuously and vice versa. This allows every chain to have the track record of the validator set of every other blockchain. For this purpose, each chain runs a light-client of the other. Proof Relay Proof that 20 ATOM tokens are bonded is sent from chain X to chain Y. Validation  The proof sent to chain Y is verified against chain X’s header and if the proof is found valid, then 20 ATOM vouchers are created on chain Y. Keep in mind that, ATOM tokens created on chain Y are not real, because real ATOM tokens still exist on chain X. Tokens present on chain Y are just a representation of ATOM on chain X, along with proof that these ATOM tokens are frozen on chain X. A similar process is followed to unlock the tokens when they return to their origin chain.  Tokenomics Use Cases of ATOM Token ATOM can be used in three ways: as a spam-prevention system, staking tokens, and voting method in governance.  ATOM is used to pay fees as a spam prevention method. Similar to Ethereum’s idea of gas, the fee might be proportionate to the amount of computation required by the transaction. Taking fees is necessary so that malicious actors don’t misuse the blockchain. ATOM can be staked to obtain tokens as rewards. The quantity of ATOM staked determines the Cosmos Hub’s economic security. The more collateralized ATOM there are, the more skin is at stake and the cost of attacking the network rises. As a result, the more ATOM are staked, the better will be the economic security, Governance: ATOM holders can also govern the Cosmos Hub by voting on proposals with their staked ATOM. Initial Token Distribution of Cosmos(ATOM) The Interchain Foundation held multiple private investment rounds, and a public fundraising event on April 6, 2017.  According to the Interchain Foundation, private Contributors, Public Contributors, All in Bits Inc (AiB), and the Interchain Foundation were the recipients of these newly created ATOMs.  In exchange for a $1,329,472.3 donation, strategic and early adopters received 7.1 percent of the first supply or 16,856,718.97 ATOMs. In exchange for $300,000, the seed contributors received 5% of the initial supply or 11,809,947.91 … Continued

The post Cosmos Deep-Dive: The Internet of Blockchains appeared first on Cryptoknowmics-Crypto News and Media Platform.

On March 7, 2022, the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury published guidance (Guidance) for US financial institutions warning about: (1) efforts of foreign actors to evade expanding US economic sanctions and trade restrictions related to the Russian Federation and Belarus and (2) increased risk of malicious cyber-attacks and related... Continue Reading

Key Takeaways:

• New Executive Order prohibits certain imports and exports, and authorizes the Department of the Treasury to impose significant restrictions on U.S. investment in Russia
• Additional wave of sanctions targeting Russian “elites” close to President Vladimir Putin
• OFAC guidance clarifies that Russia-related sanctions prohibitions apply to cryptocurrency transactions

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On March 11, 2022, President Biden signed a new Russia-related Executive Order,… More

The post Russia and Belarus Sanctions Update – March 15, 2022 first appeared on IPO, Then What?.

Justin Sun is a colorful character in crypto history to say the least. Here's a timeline of his career, the good, bad, and ugly.

The post A career timeline of Justin Sun, crypto’s most annoying over-marketer appeared first on Protos.

Wasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction outputs) from registering to Coinjoins, the method Wasabi and other wallets use to enhance […]

EURUSD struggles to rebound The US dollar bounces across the board as the Fed may possibly raise interest rates on Wednesday. The pair found support near May 2020’s lows around 1.0800. The RSI’s oversold condition on the daily chart prompted the bears to take some chips off the table, alleviating the pressure. 1.1110 is a […]

The post Intraday Market Analysis – USD Gains Momentum Again appeared first on Orbex Forex Trading Blog.

Zyori also clarified that things are still being implemented and changed in Axie Infinity, stating that it is a part of the rollercoaster journey.

The post Zyori Reminds Players That Axie Infinity was Built During the Bear Market appeared first on BitPinas.

In 2021 it became clear that the cryptocurrency industry will not be able to avoid regulation.

The post What are the best countries for running a legal cryptocurrency business? appeared first on CryptoSlate.

Bullish OGN price prediction is $0.43 to $2.41. The OGN price will also reach $2.5 soon. OGN bearish market price

The post has appeared first on thenewscrypto.com

Overview

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• Daily spot trading volume: $453.0 million, 30 day average spot: $927.7 million.
• Total futures notional at $87.8 million.
• The top five most traded coins were, respectively, Bitcoin (-2.6%), Ethereum (-2.0%), Tether (0%), Solana (-3.3%), and USDC (0%).
• Strong returns from Origin Protocol (+33%).

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March 13, 2022   $453.0M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
BTC  $37788.  ↓2.6%  $147.9M	ETH  $2515.3  ↓2.0%  $85.9M	USDT  $1.0002  ↑0.02%  $67.8M	SOL  $78.76  ↓3.3%  $37.9M	USDC  $1.0  ↑0.0%  $17.0M
XRP  $0.7613  ↓3.0%  $15.4M	ATOM  $26.230  ↓3.7%  $13.6M	LUNA  $87.46  ↑1.7%  $12.5M	DOT  $17.215  ↓4.9%  $10.1M	ADA  $0.7892  ↑0.11%  $7.8M
PAXG  $1983.7  ↓0.4%  $5.03M	ZEC  $155.86  ↑3.0%  $3.82M	XMR  $176.15  ↓4.8%  $3.36M	LTC  $101.76  ↓3.6%  $3.03M	DOGE  $0.1114  ↓2.7%  $2.95M
DAI  $1.0000  ↓0.0%  $2.78M	LINK  $12.744  ↓3.0%  $2.3M	AVAX  $68.021  ↓3.9%  $2.3M	UST  $1.0051  ↓0.03%  $2.14M	MATIC  $1.3618  ↓2.5%  $2.12M
WAVES  $26.617  ↓0.9%  $2.01M	SHIB  $2.153e  ↓2.7%  $1.98M	MANA  $2.2559  ↓2.3%  $1.69M	SAND  $2.7156  ↓2.2%  $1.54M	AXS  $45.316  ↓2.6%  $1.39M
CHZ  $0.1939  ↓3.3%  $1.32M	OXT  $0.2270  ↑3.5%  $1.3M	FLOW  $5.3  ↓4.5%  $1.05M	SUSHI  $2.79  ↓4.1%  $994K	KAVA  $2.9675  ↓3.0%  $969K
ALGO  $0.6815  ↓3.3%  $924K	XTZ  $2.9117  ↓3.7%  $897K	GRT  $0.3363  ↑6.0%  $895K	EOS  $1.9064  ↓3.2%  $852K	GLMR  $2.25  ↓5.5%  $772K
IMX  $1.6840  ↓9.9%  $771K	XLM  $0.1767  ↓4.5%  $748K	BCH  $280.67  ↓3.4%  $724K	ICX  $0.738  ↓4.5%  $707K	KSM  $117.74  ↓4.9%  $699K
OGN  $0.3521  ↑33%  $670K	OCEAN  $0.4347  ↓3.3%  $655K	KEEP  $0.5913  ↓2.9%  $634K	SC  $0.0083  ↓4.9%  $621K	BAT  $0.6715  ↑1.4%  $615K
TRX  $0.0592  ↓0.6%  $572K	AAVE  $115.75  ↓3.5%  $524K	MLN  $50.695  ↓1.8%  $514K	DASH  $93.695  ↓5.3%  $513K	UNI  $8.21  ↓3.0%  $504K
KP3R  $344.7  ↓5.2%  $459K	OMG  $3.9309  ↓1.5%  $456K	1INCH  $1.307  ↓1.8%  $440K	PERP  $3.915  ↓3.0%  $389K	KNC  $2.568  ↓6.6%  $384K
WBTC  $37704.  ↓3.7%  $353K	MINA  $1.63  ↓4.7%  $349K	NANO  $1.6372  ↓4.7%  $307K	YGG  $2.443  ↓7.8%  $306K	STORJ  $0.9914  ↓3.1%  $302K
MIR  $1.6780  ↓9.0%  $299K	INJ  $5.0031  ↓0.04%  $289K	ENJ  $1.3  ↓1.1%  $255K	FIL  $17.211  ↓2.6%  $253K	GALA  $0.2172  ↑1.0%  $244K
ANT  $4.2532  ↓1.5%  $229K	MOVR  $45.1  ↓6.6%  $217K	CRV  $1.922  ↓2.7%  $187K	SGB  $0.0635  ↓1.6%  $174K	ANKR  $0.0675  ↓5.2%  $172K
SNX  $3.9  ↓6.6%  $163K	BAND  $3.303  ↓2.7%  $158K	COMP  $99.02  ↓2.5%  $158K	LSK  $2.0345  ↓3.7%  $149K	LRC  $0.6829  ↓1.0%  $143K
REN  $0.3487  ↑0.29%  $137K	DYDX  $4.381  ↓4.8%  $133K	MKR  $1687.6  ↓3.5%  $132K	ETC  $25.427  ↓3.0%  $119K	BICO  $1.161  ↓1.4%  $96.9K
LPT  $22.29  ↓2.4%  $83.8K	QTUM  $5.5491  ↓3.7%  $76.2K	EWT  $4.629  ↓1.6%  $73.3K	GNO  $288.01  ↓2.0%  $70.9K	ACA  $0.9940  ↓4.3%  $68.4K
RARI  $6.52  ↓5.5%  $66.1K	YFI  $18002.  ↓2.0%  $64.2K	CTSI  $0.2896  ↑0.31%  $61.6K	PSTAKE  $0.6885  ↓6.7%  $55.3K	FIDA  $1.578  ↓4.5%  $51.4K
REP  $13.033  ↓2.5%  $50.6K	OXY  $0.31  ↑2.3%  $45.9K	TBTC  $39323.  ↓8.7%  $42.7K	SRM  $1.767  ↓5.4%  $37.5K	AUDIO  $0.6892  ↓3.7%  $36.6K
BAL  $10.58  ↓2.3%  $35.2K	MC  $1.8769  ↓4.2%  $34.4K	REPV2  $13.023  ↓3.2%  $32.7K	MNGO  $0.1499  ↓0.9%  $28.2K	ORCA  $2.073  ↓0.05%  $27.6K
ASTR  $0.106  ↓2.9%  $24.5K	RAY  $2.294  ↓4.8%  $21.6K	BNT  $2.1590  ↓0.9%  $20.4K	KILT  $0.91  ↑0.31%  $20.2K	AKT  $1.0272  ↓1.7%  $17.9K
ZRX  $0.4760  ↓3.6%  $17.9K	ATLAS  $0.0241  ↓3.9%  $17.6K	CQT  $0.332  ↓2.4%  $16.8K	ENS  $12.762  ↓7.9%  $15.4K	AIR  $0.0687  ↓4.6%  $14.5K
SDN  $0.696  ↓0.4%  $13.9K	ALICE  $5.5070  ↓6.1%  $13.1K	BNC  $0.48  ↑4.3%  $12.5K	KINT  $10.12  ↓2.2%  $12.5K	WOO  $0.4720  ↓1.7%  $11.3K
SBR  $0.0321  ↓5.3%  $9.81K	STEP  $0.14  ↑1.4%  $8.65K	PHA  $0.221  ↓2.2%  $8.53K	GHST  $1.9164  ↓0.25%  $6.46K	BADGER  $6.819  ↓4.6%  $5.76K
KAR  $1.239  ↓3.6%  $5.38K	POLIS  $1.436  ↓0.9%  $4.88K	KIN  $3.794e  ↓1.1%  $0.0K

The post Kraken Daily Market Report for March 13 2022 appeared first on Kraken Blog.

Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht Club (BAYC) collection. While they paid a pretty penny in ethereum […]

It's another weird mix of action and fighting games this week.