Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’
Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Sui DeFi TVL Breaks $1 Billion As Move-Based Chains Fight For Liquidity
Sui has crossed the $1 billion total value locked mark on DeFiLlama, giving the Move-based network a clearer claim to serious DeFi...
Bitcoin price rebounds to $63K as leverage returns creating short term volatility risk
Bitcoin's rebound has cleared the first test: price recovered. The harder one starts now: proving buyers remain after the squeeze....
New SummerFi DeFi exploit shows AI automation now sits above smart contract risk
Summer.fi's automated vault incident has put delegated DeFi yield back under pressure after Blockaid said on July 6 that its explo...
Base surpasses $4B in TVL, $12B in assets, and 169M onchain payments
Base's growth in AI-driven transactions and asset management could redefine financial interactions, challenging existing networks...
USDT Returns to Bitcoin: RGB and UTEXO Enable Private Lightning Settlements
Bitcoin Magazine USDT Returns to Bitcoin: RGB and UTEXO Enable Private Lightning Settlements Tether, the company behind USDT, is p...
Arcus secures investment from Robinhood Crypto, joins Robinhood Chain ecosystem
Arcus' integration into Robinhood Chain could reshape DeFi by expanding access to tokenized assets, despite regulatory and market...