Kava Mainnet Marks First DeFi Application on Cosmos Network Following the Successful Completion of Initial Exchange Offering

Launch is supported by a strong lineup industry leading partners, including Tendermint, Ripple, and Binance.   San Francisco, CA — Kava Labs, the cross-chain decentralized finance (DeFi) platform, has launched its highly anticipated mainnet following the successful final testing of the Kava Testnet 3000.   The mainnet launch will see the Kava governance structure, as well as KAVA token trading, go live—laying the foundation for the upcoming launch of the Kava CDP module, which will allow users to collateralize loans against an array of major cryptocurrencies. Kava is the first…

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Success Rate Grows as Blockchain startups scored $3.5B in first half of 2019

Startups and Companies globally are pioneering in the Blockchain Industry as the technology use cases emerge in industries other than finance, however, the majority of investors are focused on FinTech.   2.5k active companies in blockchain space backed by 1.8k investors in 2.5k funding rounds were analysed by TeqAtlas, a market intelligence provider, focused on emerging technology.     Here are some of the findings:- EOS.IO TGE ($4.2 billion) is larger than the top traditional funding deals in total ($1.9 billion). The total amount of the top 10 TGEs ($9 billion)…

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Agoric and the Interchain Foundation Announce Strategic Collaboration to Develop Inter-Blockchain Communication Protocol

Agoric secure smart contracts team will collaborate with Cosmos core developers on delivering cross-chain interoperability standard   Berlin, Germany — Agoric and the Interchain Foundation (ICF) have announced a collaboration agreement for the Cosmos chain to improve cross-chain interoperability. Agoric is the secure smart contracts startup which recently raised $4 million from notable global investors. ICF is the non-profit foundation that supports R&D in the Cosmos ecosystem.    The Agoric team will design and deliver a new IBC (Inter-Blockchain Communication) protocol, in collaboration with the core developers of the Cosmos…

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The launch of Cosmos Network Spearheads Development of the “Internet of Blockchains”

The Cosmos Network is a decentralized network of independent, scalable, and interoperable blockchains built on Tendermint Core   March 14th, 2019 — The Interchain Foundation, a Swiss non-profit foundation supporting research and development for secure and scalable open-source software, has announced the launch of the Cosmos Network. A decentralized network of independent, scalable, and interoperable blockchains, the Cosmos Network marks the next natural step in the evolution of blockchain development. Launched following the Game of Stakes, a first-of-its-kind period of rigorous network testing and development, the Cosmos Network focuses on…

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