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Cosmos co-founder warns of North Korean influence in Cosmos Hub’s LSM

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Cosmos co-founder Jae Kwon alleges North Korean agents helped develop Cosmos Hub’s LSM code. Kwon accuses Iqlusion’s Zaki Manian of hiding unresolved security risks. Kwon urges an immediate audit and stricter oversight for future implementations. Cosmos co-founder Jae Kwon has raised serious concerns regarding the integrity of the Cosmos Hub’s liquid staking module (LSM), alleging…

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Layer 1 payments network CrossFi launches EVM-compatible mainnet

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CrossFi launched an EVM-compatible mainnet for scalable web3 payments. The network supports 10,000 TPS and bridges Ethereum assets seamlessly. Governance uses MPX tokens, with fees averaging $0.02 per transaction. Cross Finance, commonly known as CrossFi, has announced the launch of its EVM-compatible mainnet, marking a significant step in the evolution of decentralized finance (DeFi) and…

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