Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos

The order book decentralized exchange, dYdX, is leaving the Ethereum blockchain to set up a native chain on the Cosmos ecosystem. The post Why dYdX is leaving Ethereum and StarkWare for a native chain on Cosmos appeared first on CryptoSlate.

Layer by Layer 36: Avalanche, Solana, and Cosmos

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding A recent liquidity crunch in crypto markets has put the stability of pegged assets to the test. With the spread of stablecoins throughout L1 ecosystems, destabilizing events can now have significant trickle down effects across chains Meanwhile, Solana begins a major evolution with the introduction of QUIC and fee markets, and Cosmos ecosystem protocols continue their push for deeper connections with EVM chains

dYdX to Launch Standalone V4 Blockchain Based On Cosmos SDK PoS Protocol

The Ethereum Layer-2 crypto platform dYdX has proposed to develop a dYdX chain – V4. The new chain will be a standalone blockchain compatible with the Cosmos SDK and Tendermint Proof-of-Stake (PoS) consensus protocol.

Cosmos (ATOM) Price Soars 12%, Is It About To Break Resistance?

The price of $ATOM, the Cosmos blockchain's native token, is up by about 12 % to $7.64. Since the big announcement by crypto derivatives exchange, dydx, to build its V4 blockchain on the Cosmos platform, there seems to be a lot of enthusiasm for $ATOM.

dYdX Ditches Ethereum for Its Own Cosmos Blockchain

Derivative DEXs are still figuring out the best way to structure their protocols.

dYdX V4 To Be Developed In Cosmos Ecosystem

dYdX, a famous crypto derivatives exchange, has announced that it will be developing dYdX V4 on a standalone Cosmos based blockchain and Tendermint Proof-of-stake consensus protocol. DYDX price up by 7% Exchange mentioned that it will feature a fully decentralized, orderbook, off chain, and matching engine.

dYdX to expand to its own blockchain in the Cosmos ecosystem

dYdX says that by launching a new blockchain, it would make its offering more competitive and decentralized. The post dYdX to expand to its own blockchain in the Cosmos ecosystem appeared first on The Block.

Cosmos Price Prediciton: Atom Looking Good for a $10 Push

Cosmos has lost 84 percent of its value since hitting its yearly high. However, the past few trading sessions have seen it start a recovery.