Odaily News Bitcoin staking protocol Babylon announced its 2025 roadmap, and will launch a Bitcoin multi-staking testnet in the third quarter of 2025. The first batch will integrate ETH Rollups and Cosmos sovereign chains, and the Genesis EVM testnet will also be launched. The Bitcoin multi-staking mainnet and Genesis EVM mainnet will be launched in the fourth quarter of 2025. The Bitcoin liquidity application is planned to be launched in the first quarter of 2026.

Odaily News According to the official announcement, BitMart will launch Shentu (CTK) at 15:00 (ET8) on June 30, and the CTK/USDT trading pair will be opened. Shentu Chain is a Delegated Proof of Stake (DPoS) blockchain built on Cosmos SDK. It aims to be the foundation for securely building blockchain infrastructure and decentralized applications. Shentu Chain has native on-chain features such as secure oracles, ShentuShield repayment pool, and secure programming language (DeepSEA), aiming to ensure the security of various blockchain products from development to deployment.

Odaily News On-chain derivatives trading platform Sphinx announced the completion of a $2 million Pre-Seed round of financing, led by Eckhardt Capital, with participation from Big Brain Holdings, Blockchain Founders Fund, Blizzard, TRIVE Ventures, Cosmos Hub, London Real Ventures, GS Futures, Andrew Durgee, Stefan Rust, Zachary Keats and others.

Odaily News Cosmos-based Namada has completed the final stages of its mainnet launch, launching a system designed to provide "privacy as a service" for decentralized applications, assets, and blockchains. As the mainnet launch is completed, Namada is conducting a free market token distribution to make its native token NAM liquid. Trading is expected to open this week as exchanges begin to list the token. The network is preparing for multiple integrations to expand its cross-chain coverage. Support for Bitcoin through Lombard and Babylon is currently being planned, as well as support for Ethereum and Solana through cross-chain bridges, privacy swaps on Osmosis, and compatibility with stablecoin DeFi tokens. (The Block)

Odaily News Interchain Labs has confirmed that an individual later identified as being associated with North Korea contributed to the Cosmos codebase between 2022 and 2024 while employed by the former maintainer. The individual had limited access to the cosmos/IAVL and cosmos/cosmos-sdk codebases, and most of his contributed code has been deprecated or excluded from the roadmap, and independent audits have not found risk vulnerabilities. To support transparency, ICL will offer a one-month double bounty on the Cosmos HackerOne page for discovering vulnerabilities related to the participant's GitHub account. After ICL took over the development of the core stack, it implemented new security protocols to prevent further contributions, and the individual was rejected for further positions. ICL has performed security upgrades on all Cosmos core codebases and will deprecate related codebases in the future. This incident highlights the need for strict security procedures in Web3 and the broader technology field. (The Block)

Odaily News Interchain Labs co-CEO Maghnus Mareneck revealed that the Colombian government will test an unannounced central bank digital currency (CBDC) on the Cosmos network. Mareneck said they are working with the Banking Union and the Colombian government to conduct a pilot. Although no details were disclosed, it is clear that the currency focuses on cross-border payment scenarios and will be based on the Cosmos network and run using IBC Eureka technology. The CBDC uses private and licensed verification nodes, and the government can subsequently introduce more nodes such as banks to expand the network. (Bitcoin.com)

Odaily News On May 20, Tabi founder Xavier pointed out that in the past, the success of public chains often relied on innovative applications within the ecosystem, such as ETH's ICO and DeFi Summer. However, as the industry matures, this traditional path has gradually become ineffective. He mentioned that HyperliquidX, as a model of "fat application and thin protocol", shows the new direction of future public chain development. Compared with numerous DApps, future public chains should focus more on the application chain model to improve efficiency and practicality. Application chains may become the key to the success of the next generation of public chains. In addition, Xavier also affirmed Cosmos' contribution in the field of application chains. From account abstraction to inter-chain communication, these concepts provide an important theoretical basis for the future development of Layer 1.

Odaily News According to the official announcement, BitMart will launch MilkyWay (MILK) at 18:00 (ET8) on April 29, and the MILK/USDT trading pair will be opened. MilkyWay is a Layer-1 network built on Cosmos SDK (CometBFT) focused on tokenizing real-world assets (RWA) as its main product. Our security architecture eliminates the need for each off-chain service to individually launch security mechanisms, enabling banks and agricultural businesses in areas susceptible to hyperinflation to tokenize real estate or crops and seamlessly connect them to DeFi. We are backed by top venture capital firms such as Polychain, Binance Labs, Hack VC, etc.

Odaily News XT has listed OURO (Ouroboros) and opened the OURO/USDT trading pair in the Innovation Zone (Web 3.0). It is reported that Ouroboros (OURO) is a new generation of cryptocurrency built on Cosmos SDK and Tendermint, aiming to provide fast, secure and low-cost transaction services. OURO adopts the Delegated Proof of Stake (DPoS) consensus mechanism. By delegating tokens to network validators, participants have the opportunity to obtain a stable income of 3% per month.

Odaily News Web3 infrastructure startup Catalysis announced the completion of $1.25 million in Pre-Seed financing, led by Hashed Emergent, with participation from Presto Labs, Spaceship DAO, Funfair Ventures, Cosmostation and Crypto Times. Catalysis is developing the first "security abstraction layer" to unify the economic security of multiple re-staking protocols and simplify the process for developers and node operators to deploy shared security services. The platform has been integrated with re-staking protocols such as EigenLayer, Symbiotic and Kernel DAO, and plans to launch a public testnet in the second quarter of 2025.