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📈 Analytical overview of Telegram channel .

Channel . in the English language segment is an active participant. Currently, the community unites 10 033 subscribers, ranking 15 327 in the Cryptocurrencies category and 4 223 in the USA region.

📊 Audience metrics and dynamics

Since its creation on невідомо, the project has demonstrated rapid growth, gathering an audience of 10 033 subscribers.

According to the latest data from 09 July, 2025, the channel demonstrates stable activity. Although there has been a change in the number of participants by -303 over the last 30 days and by 0 over the last 24 hours, overall reach remains high.

  • Verification status: Not verified
  • Engagement rate (ER): The average audience engagement rate is 0%. Within the first 24 hours after publication, content typically collects N/A% reactions from the total number of subscribers.
  • Post reach: On average, each post receives 0 views. Within the first day, a publication typically gains 0 views.
  • Reactions and interaction: The audience actively supports content: the average number of reactions per post is 0.

📝 Description and content policy

Channel description not provided.

Thanks to the high frequency of updates (latest data received on 10 July, 2025), the channel maintains relevance and a high level of publication reach. Analytics show that the audience actively interacts with content, making it an important point of influence in the Cryptocurrencies category.

10 033
Subscribers
No data24 hours
-547 days
-30330 days
Posts Archive
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🇦🇺 Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg Australia's Senate Economics Legisla
🇦🇺 Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg Australia's Senate Economics Legislation Committee rejected "The Digital Assets (Market Regulation) Bill 2023" introduced by opposition senator Andrew Bragg, recommending instead that the government "continue to consult with industry on the development of fit-for-purpose digital assets regulation in Australia." The committee's report is along party lines. Bragg, who represents New South Wales, criticized the rejection, saying the Labor government had "put regulating crypto in the slow lane." The committee said the bill lacked detail and certainty and was at odds with the government's approach. The bill was "not congruent with international regimes" and caused "genuine concern for regulatory arbitrage and adverse outcomes to the industry," it said. Prime Minister Anthony Albanese introduced a token mapping consultation paper through the Treasury in February which was supposed to lead to a separate consultation paper proposing a licensing and custody framework for crypto asset service providers in mid-2023, but that has not happened yet. The central bank started a pilot test to explore potential use cases for Australia's own CBDC and last month concluded "any decision on a CBDC in Australia is likely to be some years away." Source https://t.me/Blockchain_Explained

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🟠 Binance Announces Strategic Adjustments To CYBER U-Margined Perpetual Contracts Binance has announced significant adjustme
🟠 Binance Announces Strategic Adjustments To CYBER U-Margined Perpetual Contracts Binance has announced significant adjustments to its CYBERUSDT U-margined perpetual contracts. The most notable change involves the leverage and margin levels of the CYBERUSDT U-margined perpetual contract. Starting at 18:30 on September 2, Beijing time, Binance Futures will implement these adjustments, impacting traders who engage with this particular trading instrument. This proactive approach will help traders avoid potential liquidation risks and ensure a smoother trading experience. Furthermore, Binance Futures is also enhancing the frequency at which the funding rate of the CYBERUSDT U-margined perpetual contract is settled. Beginning at 16:30 on September 2, Beijing time, the settlement frequency for the funding rate will transition from every four hours to every two hours. This more frequent rate settlement mechanism will enable traders to respond more effectively to market fluctuations and make informed decisions, aligning with Binance’s commitment to creating a responsive and efficient trading environment. These adjustments underline the platform’s dedication to optimizing its trading offerings and providing traders with the tools and conditions they need to navigate the ever-evolving cryptocurrency market. Source https://t.me/Blockchain_Explained

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🚨 Web3 Platforms Lose Over $1.2 Billion To Hacks And Rug Pulls In 2023 This substantial loss has been attributed to 211 sepa
🚨 Web3 Platforms Lose Over $1.2 Billion To Hacks And Rug Pulls In 2023 This substantial loss has been attributed to 211 separate incidents within the Web3 space, highlighting the challenges of security in the crypto world. This ecosystem has experienced significant financial setbacks this year, with more than $1.2 billion lost to hacking attacks and rug pulls, according to a report by Immunefi, a Web3 bug bounty platform. The month of August 2023 saw a notable spike in losses, with $23.4 million lost, primarily attributable to projects operating on the newly launched Ethereum Layer 2 Base network. In August alone, the Web3 ecosystem suffered losses amounting to $15.8 million due to hacks, emphasizing the persistent vulnerability of DeFi (Decentralized Finance) projects. Intriguingly, centralized finance (CeFi) platforms did not experience any major exploits during this period, suggesting differing levels of security between the two sectors. As the Web3 ecosystem continues to evolve and expand, the challenge of safeguarding digital assets and platforms from malicious actors remains paramount. The lessons learned from these incidents are likely to drive further innovation in security protocols and risk mitigation strategies, ultimately enhancing the resilience of the Web3 landscape. DeFi projects, known for their decentralized nature, have been a prime target for exploit attempts in August 2023. Source https://t.me/Blockchain_Explained

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📣 Robinhood Wallet adds support for Bitcoin, Dogecoin and Ethereum swaps Less than six months since Robinhood first launched
📣 Robinhood Wallet adds support for Bitcoin, Dogecoin and Ethereum swaps Less than six months since Robinhood first launched its own crypto wallet, the company is adding "custody, send, and receive support for Bitcoin and Dogecoin," in addition to enabling Ethereum swaps. When Robinhood Wallet became available to customers using Apple devices in March, the self-custody wallet supported the Polygon and Ethereum networks and tokens including COMP, MATIC, SHIB, SOL, UNI and the USDC stablecoin. The wallet is still not available on Android devices, but the functionality is expected to launch later this year. Adding Bitcoin and Dogecoin support to the mix, two of the world's most popular tokens by market cap, follows the release of Robinhood's most recent earnings report where it said revenue from crypto fell to $31 million, compared with $38 million in the previous quarter. "In-app Ethereum swaps started rolling out to select users today for [more than 200] tokens and will become available to everyone in the coming weeks," the company said in a statement. "Unlike other wallets, users can swap without holding Ethereum, and network fees are automatically deducted from the tokens they already hold." Source https://t.me/Blockchain_Explained

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🇰🇪 Kenya Warns Worldcoin Activities Cause National Security Challenge Kenya’s National Computer Cybercrimes Coordination Co
🇰🇪 Kenya Warns Worldcoin Activities Cause National Security Challenge Kenya’s National Computer Cybercrimes Coordination Committee has issued a stern warning regarding the activities of Worldcoin, citing potential national and economic security challenges, as reported by Standard Media. It has come to light that Worldcoin, an entity operating in Kenya, has been engaging in its activities without legal authorization. Attorney General Justin Muturi emphasized this fact during a hearing held by an Ad hoc committee investigating the matter. Muturi conveyed that Worldcoin, as well as its affiliate Tools for Humanity based in Germany, have not undergone the required registration processes to operate as legitimate business entities in the country. This failure to comply with registration regulations contradicts the law, which mandates that foreign companies obtain proper registration before conducting operations in Kenya. Interestingly, only the Sales Marketing company, a subsidiary of Worldcoin, has been confirmed to be in full compliance with local business registration protocols. This hearing was conducted by the committee, chaired by Gabriel Tongoyo, the Narok West MP. Its primary aim was to establish the legal standing of the project within the parameters of Kenyan law. Source https://t.me/Blockchain_Explained

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💰 The Fifth Largest Bitcoin Wallet Holds 94,643 BTC And Is Controlled By The US Government Recent reports from PeckShield mo
💰 The Fifth Largest Bitcoin Wallet Holds 94,643 BTC And Is Controlled By The US Government Recent reports from PeckShield monitoring have unveiled a substantial development in the realm of cryptocurrency and Bitcoin. A BTC wallet ranking as the fifth largest globally, containing an impressive 94,643 BTC (equivalent to approximately $2.46 billion at current market rates), is now believed to be in the possession of the U.S. government. This wallet’s connection can be traced back to the infamous 2016 Bitfinex hack, marking a significant advancement in ongoing efforts to combat cybercrime. Further examination reveals that this wallet’s history intertwines with the Silk Road saga, an illicit marketplace operating from 2011 to 2013 that specialized in trading drugs, weapons, and other prohibited goods on the dark web. The IRS’s Criminal Investigations Unit and the U.S. Attorney’s Office for Northern California recently unearthed evidence indicating that hackers funneled the stolen Bitcoins from Silk Road into various addresses in 2013, sparking an intricate investigation. With the recent transfer of approximately 49,000 BTC to Coinbase addresses, the government continues to manage and shift its seized cryptocurrency holdings. This maneuver has caught the attention of the crypto community, as sizeable transactions from influential holders can impact the asset’s market dynamics. Source https://t.me/Blockchain_Explained

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🇷🇺 OKX And Bybit Eliminate Sanctioned Banks In Russia Via P2P Payment Two prominent cryptocurrency exchanges, OKX and Bybit
🇷🇺 OKX And Bybit Eliminate Sanctioned Banks In Russia Via P2P Payment Two prominent cryptocurrency exchanges, OKX and Bybit, have taken steps to exclude Russian banks that are subject to international financial sanctions from their payment options. According to reports from Cointelegraph, both Tinkoff Bank and Sberbank have been removed from the list of peer-to-peer (P2P) transactions on Bybit and OKX. Local users within Russia are no longer able to receive fiat currency in exchange for their cryptocurrencies through Tinkoff Bank or Sberbank accounts on the P2P platforms of OKX and Bybit. As of now, OKX still supports fiat transfers to accounts at the Russian branch of Raiffeisen Bank and the Russian Standard Bank. These institutions are not currently under sanctions, according to the United States Treasury. The situation came to public attention when The Wall Street Journal reported that Binance had listed Tinkoff Bank and Sberbank as transfer methods. Binance, which had previously enabled Russian customers to use five sanctioned Russian banks for payments, has now eliminated this option due to compliance concerns. It’s worth noting that Binance’s P2P service website listed Ross Bank and Tinkoff Bank among the options for processing payments. Source https://t.me/Blockchain_Explained

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💰 ShibaSwap Bone (BONE) Maintains Bullish Streak With An Impressive Surge Of 18.7% ShibaSwap Bone (BONE), a sub-project of S
💰 ShibaSwap Bone (BONE) Maintains Bullish Streak With An Impressive Surge Of 18.7% ShibaSwap Bone (BONE), a sub-project of Shiba Inu (SHIB), is making waves in the cryptocurrency market as its bullish momentum continues. Furthermore, BONE’s positive trend extends to its profitable holders. In the last 24 hours, the number of profitable holders has increased by 11.52%, contributing to a total of 68% profitable holders, as per insights from IntoTheBlock. This platform also noted a 1.97% growth in BONE’s network expansion. While BONE’s major deals have slightly dipped by 4.94%, signaling a point of concern, its ecosystem demonstrates a different dynamic compared to Shiba Inu. Unlike SHIB, where a significant 77% of holders are classified as “whales,” ShibaSwap Bone presents a more balanced scenario, with approximately 54% of BONE holders identified as “sharks.”. As ShibaSwap Bone’s bullish trend and growing metrics capture the market’s attention, it underscores the dynamic and swiftly evolving nature of the cryptocurrency sector. These developments highlight the importance of staying informed, evaluating market trends, and considering various factors before making investment decisions in the digital asset landscape. Source https://t.me/Blockchain_Explained

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🆘 Magnate Finance Scammer Routes $1M Stolen Funds to BNB Chain A vigilant community contributor has uncovered a startling re
🆘 Magnate Finance Scammer Routes $1M Stolen Funds to BNB Chain A vigilant community contributor has uncovered a startling revelation in the Magnate Finance scam that has sent shockwaves through the cryptocurrency landscape. It has been exposed that the elusive scammer behind Magnate Finance has successfully moved approximately $1 million worth of stolen funds into the BNBChain. The Magnate Finance saga has been a cautionary tale in the crypto realm, with its audacious heist of investors’ funds. The community’s relentless pursuit of justice led them to this latest discovery, as an astute member stumbled upon a series of transactions that appear to trace back to the scammer. These findings were quickly verified, raising concerns about the security and legitimacy of certain cryptocurrency platforms. The bridging of the stolen funds to BNBChain, a blockchain known for its association with Binance Coin (BNB), has raised eyebrows about the network’s vulnerability to such illicit activities. This incident underscores the need for increased vigilance and security measures within the cryptocurrency ecosystem, as scammers become more adept at exploiting technicalities. Source https://t.me/Blockchain_Explained

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🇬🇧 UK To Ban Cold Calls Related To Crypto Investment In anticipation of a comprehensive ban on telemarketing related to fin
🇬🇧 UK To Ban Cold Calls Related To Crypto Investment In anticipation of a comprehensive ban on telemarketing related to financial services and products, the UK Treasury has taken a proactive step by releasing a consultation document. The move aims to assess the potential grassroots implications of the ban, offering stakeholders an opportunity to provide evidence and insights. To strengthen its approach, the government committed in May to adding 400 new jobs to enhance intelligence-led policing and combat fraudulent activities, according to Bloomberg. The ban, set to target cold calls promoting financial products including insurance and cryptocurrencies, is part of the UK‘s broader strategy to combat fraud, which costs the nation an estimated £7 billion annually. The consultation document issued by the Treasury outlines 19 key questions for stakeholders to address. These questions are designed to gauge the ban’s potential impact on scammers while minimizing disruptions for legitimate businesses that rely on cold calling as a marketing strategy. The consultation period is set to conclude on September 27, 2023. Sometimes, investors have fallen victim to scams involving financial products like cryptocurrencies. Despite previous regulatory efforts to curb cold calling, scammers often exploit legal loopholes to evade restrictions. Source https://t.me/Blockchain_Explained

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🔻 Decentralized social media Farcaster to migrate to OP Mainnet Farcaster, a decentralized social media protocol, will migra
🔻 Decentralized social media Farcaster to migrate to OP Mainnet Farcaster, a decentralized social media protocol, will migrate the project, including its apps and associated smart contracts, from Ethereum to the OP Mainnet (previously Optimism), a widely used Layer 2 network. The migration plan was confirmed by Dan Romero, the co-founder of Farcaster, in a social media post. The migration is considered a significant step for Farcaster, as it will lead to the opening of the platform for all users through "permissionless sign-ups." . At present, Farcaster utilizes Ethereum, though a substantial portion of social media data is stored offchain in servers referred to as Farcaster Hubs. The migration to OP Mainnet is also expected to enhance the platform’s functionality. With over 10,000 registered users, Farcaster is seen as one of the rising contenders in the decentralized social media niche, along with others like Lens Protocol, Friend.Tech and Mirror. "Important upcoming milestone: after Farcaster migrates to OP Mainnet and we enable permissionless sign-ups, there are zero corporate APIs required to use the network," Romero said. The move marks a departure from the current invite-only phase, making the platform more accessible to a broader audience. Source https://t.me/Blockchain_Explained

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📣 DWF Labs Boosts Operations Via CRV Transfer To Binance DWF Labs, a prominent player in the cryptocurrency arena, has recen
📣 DWF Labs Boosts Operations Via CRV Transfer To Binance DWF Labs, a prominent player in the cryptocurrency arena, has recently attracted attention with its strategic transfer of 2 million CRV tokens to Binance. In fact, this strategic move aligns with DWF Labs’ vision and approach. Grachev hinted at the possibility of more transfers in the future, reiterating the importance of these transactions for their overarching plan. As DWF Labs works through its strategy, the intention is to eventually bring the CRV tokens back to the chain, a move reflective of their long-term commitment. The transfer itself involved 2 million CRV tokens, with the current market value hovering around 1 million USD. This transaction took place on August 19th, capturing the interest of cryptocurrency enthusiasts and market observers alike. It’s noteworthy that DWF Labs had previously acquired 12.5 million CRV tokens through a well-calculated move. Back on August 1st, they invested 5 million USDT in purchasing these tokens at a unit price of $0.4. This proactive approach underscores DWF Labs’ strategic thinking and its willingness to navigate the crypto landscape with precision. In fact, this strategic move aligns with DWF Labs’ vision and approach. Grachev hinted at the possibility of more transfers in the future, reiterating the importance of these transactions for their overarching plan. Source https://t.me/Blockchain_Explained

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🆘 Terra Website Compromised; Developers Warn Against Phishing Scam Layer 1 blockchain Terra said its website was compromised
🆘 Terra Website Compromised; Developers Warn Against Phishing Scam Layer 1 blockchain Terra said its website was compromised over the weekend by hackers that are using the access to attempt phishing attacks on visitors, who are prompted to connect their online or hardware wallets. "To avoid potential phishing scams, please continue to avoid interacting with sites with the terra(dot)money domain until we post another update confirming full access," Terra tweeted on Sunday. A phishing attack in this case is where hackers disguise a web page to insert malicious code into users' wallets. When a user connects a wallet to a compromised web page they will sign a digital signature that gives the hacker access to assets in that wallet. The Terra blockchain is best known for being at the center of 2022's crypto downturn following the collapse of its native algorithmic stablecoin, LUNA. The implosion wiped $60 billion in value out of the crypto market. The blockchain and related tokens relaunched a few months after the crash, with the new TERRA token currently trading at $0.43 with a $154 million market cap, according to CoinMarketCap. Source https://t.me/Blockchain_Explained

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🇺🇸 Gemini Counters SEC’s Lawsuit Over Gemini Earn Project, Challenging Allegations On August 19, Gemini, a prominent crypto
🇺🇸 Gemini Counters SEC’s Lawsuit Over Gemini Earn Project, Challenging Allegations On August 19, Gemini, a prominent crypto exchange, responded to the legal action initiated by the US Securities and Exchange Commission (SEC), seeking the dismissal of the lawsuit concerning the Gemini Earn project. The SEC’s lawsuit asserts that Gemini’s establishment of the Gemini Earn initiative, allowing users to lend digital assets to Genesis through specific loan agreements, violates securities regulations by engaging in the unauthorized sale of unregistered securities. The SEC’s case hinges on two main points: establishing the existence of securities and proving their sale. Gemini, however, contests the SEC’s ability to substantiate these requirements. They argue that the loan agreements themselves should not be classified as securities. Additionally, Gemini deems the notion that the entire Gemini Earn project constitutes security unreasonable. The legal clash traces back to January when the SEC charged crypto lender Genesis Global Capital and crypto exchange Gemini Trust for distributing unregistered securities to retail investors. Under this scheme, Genesis lent cryptocurrencies from Gemini users and shared a portion of the profits with Gemini, which facilitated the transactions and levied an agent fee, sometimes as high as 4.29%. The remaining profits were then returned to users. Source https://t.me/Blockchain_Explained

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⚪️ PayPal’s PYUSD Stablecoin To Launch On Kraken On August 21 In a significant development, PayPal’s US dollar stablecoin, PY
⚪️ PayPal’s PYUSD Stablecoin To Launch On Kraken On August 21 In a significant development, PayPal’s US dollar stablecoin, PYUSD, has been officially introduced on the Kraken platform. The integration of PYUSD into Kraken marks a significant milestone in the cryptocurrency landscape. To add PYUSD to their Kraken accounts, users can follow the simple process of navigating to the Funding section, selecting the asset, and initiating a deposit. The announcement details that users can now engage in deposits and withdrawals using PYUSD. The stablecoin is scheduled to commence trading on Kraken starting on August 21. It’s important to note that only deposits made on the Ethereum network will be supported, as deposits made on other networks will not be processed. Recently launched by PayPal, the PYUSD stablecoin aims to streamline virtual transactions, particularly within the realm of blockchain payments. Built on the Ethereum blockchain, PYUSD will be initially accessible on PayPal and subsequently on Venmo. The stablecoin facilitates convenient conversion to dollars at any point in time, enhancing its usability for everyday transactions. PYUSD stablecoin into its spot trading platform. While the official inclusion date has yet to be announced, this move underscores the growing recognition of PYUSD within the cryptocurrency ecosystem. Source https://t.me/Blockchain_Explained

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🟠 Checkout.com Now Parts Ways With Binance Amid Compliance Concerns London-based credit card processing company Checkout.com
🟠 Checkout.com Now Parts Ways With Binance Amid Compliance Concerns London-based credit card processing company Checkout.com made a surprising move by terminating its contract with cryptocurrency giant Binance on August 17, citing anti-money laundering (AML) and compliance concerns. In a sequence of letters exchanged between Checkout CEO Guillaume Pousaz and Binance, Checkout highlighted regulatory actions, orders, and inquiries from partners as the basis for the contract termination. The second letter, sent two days after the first, raised additional concerns regarding Binance’s anti-money laundering, sanctions, and compliance controls. Binance, in response, expressed disagreement with Checkout’s reasoning and hinted at potential legal action. The crypto exchange emphasized its efforts in building a robust compliance program and maintain partnerships despite Checkout’s withdrawal. The partnership between Binance and Checkout.com mutually benefited both companies. Binance, striving to establish itself in the crypto market, gained a reliable payments processor, while Checkout.com gained transaction volume and legitimacy. Source https://t.me/Blockchain_Explained

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💰 Polygon Labs and Korean mobile giant SK Telecom forge web3 partnership Blockchain company Polygon Labs and leading Korean
💰 Polygon Labs and Korean mobile giant SK Telecom forge web3 partnership Blockchain company Polygon Labs and leading Korean mobile carrier SK Telecom have partnered to develop a web3 ecosystem while also seeking to identify “promising” startups worthy of incubation, the companies said in a statement. “We see this collaboration with SK telecom as an important step in providing Web3 experiences to more consumers,” Polygon Labs CEO Marc Boiron said in a statement. The companies signed the agreement at SK Telecom’s Seoul headquarters. SK Telecom’s NFT marketplace TopPort will also begin supporting the Polygon blockchain, while the two companies seek “to discover promising Web3 startups and support incubation.” Polygon operates a proof-of-stake sidechain network which runs parallel to Ethereum and hosts notable crypto apps such as Uniswap and Aave. The blockchain is considered one of the most popular among web3 gaming startups. “We see this collaboration with SK telecom as an important step in providing Web3 experiences to more consumers,” Polygon Labs CEO Marc Boiron said in a statement. The companies signed the agreement at SK Telecom’s Seoul headquarters. Source https://t.me/Blockchain_Explained

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🇦🇪 Dubai Slaps $2.8 Million Fines On OPNX Exchange And Founders Dubai’s Virtual Assets Regulatory Authority (VARA) has impo
🇦🇪 Dubai Slaps $2.8 Million Fines On OPNX Exchange And Founders Dubai’s Virtual Assets Regulatory Authority (VARA) has imposed fines totaling nearly $2.8 million on the founders of the crypto exchange OPNX and the exchange itself as part of the ongoing crackdown on cryptocurrency-related activities. The regulator fined OPNX a significant amount of 10 million dirhams (approximately $2.7 million) for failing to adhere to market regulations. Notably, this fine remains unpaid at the time of the notice’s publication. Furthermore, Davies and Zhu, OPNX co-founder Mark Lamb, and CEO Leslie Lamb faced separate penalties of $54,000 each. These fines were related to their failure to meet the standards set by the regulator for marketing, advertising, and promotional activities. Despite the paid fines, VARA has emphasized that it will take additional actions to address the unpaid penalty incurred by OPNX. These actions might encompass further financial penalties and measures to recover the payment and rectify the behavior that led to the violations. The regulatory action against OPNX and its founders comes in the context of Dubai’s increased scrutiny of the cryptocurrency sector. Dubai has introduced a new regulatory framework requiring crypto-related firms catering to retail investors to obtain licenses from VARA. Source https://t.me/Blockchain_Explained

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📣 Sei Network Launches Airdrop Query Page Ahead Of Mainnet Release Sei Network, a prominent blockchain project, has introduc
📣 Sei Network Launches Airdrop Query Page Ahead Of Mainnet Release Sei Network, a prominent blockchain project, has introduced an airdrop query page, allowing users to verify their eligibility for the upcoming airdrop. The page is accessible on the official website and provides information about whitelisted users who need to bridge eligible assets across multiple networks including Solana, Ethereum, Arbitrum, Polygon, Binance Smart Chain, and Osmosis. This airdrop opportunity will become claimable upon the launch of the public mainnet. To participate in the crosschain airdrop and check eligibility, users can visit the following link: https://app.sei.io/. Sei Network‘s SEI tokens have been allocated with 6 major use cases, and a substantial 3% of tokens are designated for the reward pool during the first quarter. Sei’s initiative to provide an airdrop query page underscores its commitment to engaging the crypto community and promoting wider adoption. The inclusion of major blockchain networks in the airdrop process ensures accessibility to a broader user base. With the mainnet release, users will have the opportunity to claim their airdropped tokens, adding to the excitement and anticipation within the crypto space. Source https://t.me/Blockchain_Explained

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🪙 Cosmos Hub Set To Undergo v11 Upgrade On August 16 Cosmos Hub, a prominent blockchain network, is gearing up for its upcom
🪙 Cosmos Hub Set To Undergo v11 Upgrade On August 16 Cosmos Hub, a prominent blockchain network, is gearing up for its upcoming v11 upgrade, scheduled to occur at block 16596000, tentatively on August 16. The upgrade has been set in motion following the successful passage of Proposition 804. The v11 upgrade brings a range of enhancements, including vital updates and fixes for core dependencies. Notably, the upgrade will involve the removal of the liquidity module. While the upgrade is anticipated to result in a brief downtime. During the upgrade process, some interruptions may occur, potentially causing temporary delays in transactions and transfers. However, the Cosmos Hub team is optimistic about maintaining the efficiency of the system, ensuring that any disruptions are managed efficiently. The announcement of the forthcoming v11 upgrade has generated anticipation within the Cosmos community. As the blockchain ecosystem continually evolves, upgrades like v11 demonstrate a commitment to improving functionality and addressing potential vulnerabilities. Blockchain enthusiasts, users, and stakeholders are encouraged to stay tuned for further updates and information regarding the v11 upgrade as the Cosmos Hub. Source https://t.me/Blockchain_Explained