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nBTC will be usable across more than 50 app-chains connected to Cosmos IBC. Osmosis, the largest decentralized exchange (DEX) on Cosmos, will be bringing Bitcoin (BTC) to the namesake inter-blockchain communications (IBC) protocol together with Nomic and Kujira. According to an October 3 announcement during the Cosmoverse 2023 Conference, users can transfer Bitcoin to the Cosmos network via Osmosis' Nomic bridge for 1.5% of the transaction value. Users then receive Nomic Bitcoin (nBTC), an IBC-compatible token issued by Nomic Chain, on a one-to-one basis. The nBTC can be bought, sold, and used to provide liquidity on Osmosis. They are also usable across more than 50 Cosmos-linked app chains. Native Bitcoin is coming to Osmosis. Get ready for nBTC from @nomicbtc. Here's everything you need to know. pic.twitter.com/YuYX9jQamV — Osmosis ️ (@osmosiszone) October 3, 2023 The nBTC Interchain Upgrade will be released on October 27 and is expected to activate on October 30. Thro...

SSV.network launches distributed validator technology network with more than 10 partner staking DApps to help decentralize Ethereum staking. Criticisms aimed at the perceived centralization of Ethereum (ETH) staking pools may finally be quelled by an alternative staking infrastructure that aims to improve private key security and reduce validator down times and slashing penalties. Speaking exclusively to Cointelegraph, SSV.network founder Alon Muroch outlined how the platform's distributed validator technology (DVT) developed in partnership with the Ethereum Foundation will help decentralize ETH staking pools and validators. SSV.network launched its public mainnet with more than 10 staking decentralized applications deploying their platforms on the network on Sept. 14. DVT is envisaged to decentralized the current landscape of staking providers, which is currently dominated by a handful of ETH staking pools that command a significant share of ETH locked in the ETH2 staking contra...

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to a number of blockchain protocols. Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network . The American cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership that is set to improve decentralization of the Web3 ecosystem.  Coinbase Cloud’s infrastructure already services a number of leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network, and responsible for connecting smart contracts on different blockchains to data and systems. Related: Google Cloud broadens Web3 startup program with 11 blockchain firms Chainlink essentially creates a bridge between Web2 and Web3 by sourcing, formatting and transmitting data to smart...