Cosmos Network

Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges – CoinDesk – CoinDesk

Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding.

No cults
Cosmos, the blockchain interoperability project that turned a small ICO into a thriving ecosystem, almost came to an end in February 2020 when the project’s co-founders engaged in a heated feud. It is now a testament to open-source collaboration and teamwork. “The Cosmos community managed to mature beyond a cult of personality without turning founders into martyrs, working together to reduce individual influence over the shared resources,” says CoinDesk’s Leigh Cuen.

In line
The blockchain subsidiary of messaging app giant LINE has made its native token available to Japan-based traders for the first time. BitMax – operated by LINE’s LVC Corporation – has become the first crypto exchange in Japan to offer LINK (LN).

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Australian rules
Australia’s National Rugby League (NRL) announced Monday it was piloting a blockchain-based app developed by the country’s patent and intellectual property office. Called Smart Trademark, the platform