Multichain web3 wallet Cypher announced a $4.3 million seed round, led by startup accelerator Y Combinator.

Decentralized exchange (DEX) Osmosis will conduct its v14.0.0 upgrade, termed “Neon,” in line with a broader plan to expand product integrations and make cross-chain trading more lucrative for traders, developers said Wednesday.

As a foundational layer to blockchain networks and applications, Layer 0 protocols are among many solutions aiming to fix the challenges the industry faces, such as scalability and interoperability.

Cosmos rallied to a two-month high on Thursday, as cryptocurrency prices rebounded following Wednesday’s decline. Xrp was also mostly in the green in today’s session, extending recent gains in the process. The global crypto market cap is trading 0.17% higher as of writing.

Keystone published an official blog post to announce its integration with Kelpr, a wallet software in the Cosmos ecosystem. The integration is essential to achieve the objective of providing an added layer of security to the users in the ecosystem. Moreover, the collaboration will provide convenience to the users.

e-Money happens to be a Cosmos-based electronic payment system. After much deliberation, the entity has finally decided to pull back its euro-backed stablecoin EEUR. According to reliable sources in their camp, this much-thought-out step has been taken considering the present crypto bear market situation. In a statement issued, it mentioned that despite everything, it will still be doing justice to the EEUR stablecoin redemptions up until the 6th of march, 2023. 

According to a post on January 9, e-Money — a stablecoin project in the Cosmos ecosystem — said it would discontinue the issuance of its euro stablecoin EURR effective March 6, 2023. In explaining the decision, e-Money wrote: 

The latest upgrade for the Evmos blockchain has introduced automated conversions for token swaps in and out of its ecosystem.

Solana was up by almost 8% on Tuesday, as the token rose for a fifth consecutive session. Recent moves have come despite the Christmas and New Year period, where market volumes were somewhat muted. Cosmos was also in the green, as prices rose to a multi-week high.

Cosmos (ATOM) came off as one of the few digital currencies whose growing ecosystem has helped it maintain a good level of resilience in the face of massive sell-offs.