Crypto.com Now Enabling Cosmos’ Inter-Blockchain Communication Functionality for Cross-Chain Transfers
Hong Kong-based
Crypto.com announced on Thursday it is now enabling
Cosmos’ Inter-Blockchain Communication (IBC) functionality for cross-chain transfers. According to Crypto.com, According to the duo, this integration creates new capabilities for future cross-chain implementations of the Crypto.org Chain and other IBC-enabled chains.
“The integration allows for the transferring and receiving of assets (tokens) and data using the ICS20 standard on the Crypto.org Chain Mainnet. IBC assets will be available in the Bank module of the Crypto.org Chain, and CRO on other IBC-enabled chains.”
Cosmos and Crypto.com further revealed as part of its development on IBC, the project will create a bridge between Crypto.org Chain to Ethereum protocols, bringing on board Ethereum developers as innovative projects to the Crypto.org Chain ecosystem. Sharing more details about the i
Soccer-Coppa Italia final to get NFT collectibles in Serie A deal with crypto firm Toggle share menu
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Soccer-Coppa Italia final to get NFT collectibles in Serie A deal with crypto firm Italy s Serie A soccer league and Crypto.com have signed a deal whereby the cryptocurrency platform will release digital collectibles known as NFTs to commemorate the Coppa Italia final.
Coppa Italia - Final - Napoli v Juventus
06 May 2021 11:20PM Share this content
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MILAN: Italy s Serie A soccer league and Crypto.com have signed a deal whereby the cryptocurrency platform will release digital collectibles known as NFTs to commemorate the Coppa Italia final.
With prominent cryptocurrencies like
Bitcoin (BTC) and
Ethereum (ETH) trading at record high levels, retail investors have been looking at minor cryptocurrencies for gains. Since the year began, DOGE has returned over 4,842.81%. Yet, it s not the only low-priced cryptocurrency seeing interest this year.
BitTorrent (BTT)
: The token associated with the popular peer-to-peer file transfer network has returned 2,600.91% since the year began. BTT traded 1.6% lower at $0.078 at press time and has fallen 19.01% on a seven-day trailing basis. BitTorrent Inc issued a warning this month to followers on social media not to fall victim to a rumor regarding an upcoming BTT token burn on June 25. The token rumors had fueled a rise in the value of the cryptocurrency last month.
Crypto.com Selects Bison Trails to Provide Validator Node Infrastructure for Chain Testnet & Upcoming Mainnet
Hong Kong-based
Crypto.com announced on Tuesday it has selected Bison Trails to provide Validator node infrastructure support on the Crypto.com Chain. The collaboration with Bison Trails comes just days after Crypto.com announced Crossfire, the platform’s chain, is preparing for its Mainnet launch with a final dry run. According to Crypto.com, Crossfire marks an important milestone and final step in preparation for mainnet.
According to Crypto.com, Bison Trails will enable Validator nodes to sign transaction blocks with low latency and high throughput on the Crypto.com Chain.
Crypto.com’s Crossfire Chain Prepares for Mainnet Launch with Final Dry Run
Hong Kong-based
Crypto.com announced on Friday Crossfire, the platform’s chain, is preparing for its Mainnet launch with a final dry run. According to Crypto.com, Crossfire marks an important milestone and final step in preparation for mainnet.
“Participating Validators have the opportunity to compete with each other while completing tasks. Winning Validators will share a prize pool of USD 300,000 in CRO rewards.”
Speaking about the launch, Kris Marszalek, CEO of Crypto.com, stated:
“With the Mainnet production dry run, we are entering the final stretch on the road to go-live. The Crossfire competition for validators with $300,000 in rewards is a critical part of stress testing the network before the much anticipated launch.”