December 25, 2024
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Cosmos Network moved $27.7 million worth of bitcoins

After two years of inactivity, the Cosmos Network developer wallet transferred 295.3 BTC ($27.7 million) raised through the ICO in 2017. This is evidenced by data from Arkham Intelligence. 295.3 枚 ($27.7M) of their 2017 BTC through ICO. https://t.co/dPDd6vMAKB They sold 2.16 万 this year.枚 ETH 和 295.3 枚 BTC, value $ 7867 万。 他发 2017 年 图度的 ICO […]”, — write: businessua.com.ua

Cosmos Network Moved $27.7M worth of Bitcoins - INFBusiness

After two years of inactivity, the Cosmos Network developer wallet transferred 295.3 BTC ($27.7 million) raised through the ICO in 2017. This is evidenced by Arkham’s data Intelligence.

Also this year, they transferred 21,600 ETH ($50.9 million at the time of the transaction).

They still have 96.4 BTC and 17,188 ETH left for a total of $67 million.

As a reminder, in January, the Cosmos Hub ecosystem community did not support the proposal to reduce the minimum inflation of the ATOM native token from 7% to 0%.

In September 2023, the platform developers added a liquid staking module to the central blockchain during the v12 update.

The source

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