ChainCatcher news, according to Cointelegraph, a Web3 security researcher earned a $150,000 bounty by reading the Cosmos network documentation and discovering a serious vulnerability that could cause the Evmos blockchain and all decentralized applications (DApps) built on it to stop functioning.In a blog post published on October 28, the security researcher "jayjonah.eth" explained the concept of "module accounts" encountered in the Cosmos documentation, stating: "If these addresses (module accounts) receive funds outside the expected rules of the state machine, invariants may be violated, potentially leading to a network halt." Based on the Cosmos documentation, the Evmos blockchain was subjected to crash testing, where the security researcher attempted to send funds to the module accounts in a testing environment to test this theory, reporting: "At this point, no blocks are being generated anymore, and the blockchain has completely stopped. This would compromise the Evmos blockchain and all DApps built on it." He revealed that the Evmos team had already fixed the vulnerability before the information was made public.

ChainCatcher news, according to official sources, Ripple has collaborated with Evmos to develop the XRP Ledger EVM sidechain, which will be built using evmOS technology. evmOS is a modular and customizable technology stack provided by Evmos, leveraging Cosmos SDK, IBC, and CometBFT to bring EVM compatibility to Web3 enterprises.

ChainCatcher news, the Cosmos ecosystem EVM-compatible chain Evmos has officially launched the dApp store Evmos dApp Store on social media platforms.

ChainCatcher message, Evmos CEO Federico stated on social media that the EVMOS burn proposal was approved by a majority. During the upcoming Evmos software upgrade this Thursday, 136 million EVMOS will be burned. Starting from that day, all fees for Cosmos transactions will also be burned.

ChainCatcher news, according to The Block, Evmos developer Altiplanic is developing a mechanism that allows Cosmos tokens to be used as ERC-20 tokens on the Evmos blockchain. The planned release will provide Evmos developers with a unified token model applicable to both native tokens and ERC-20 tokens.Essentially, this integration will enable Cosmos tokens (which are not compatible with the ERC-20 standard) to be used directly in dapps on the Evmos EVM. The mainnet version of the mechanism is expected to be released by the end of this year.

ChainCatcher message, the Cosmos ecosystem's EVM-compatible chain Evmos plans to stop supporting Cosmos transactions and instead focus on Ethereum-based transactions. The Evmos core network will only support Ethereum-based wallets and tools. The transition to a single transaction format is expected to simplify the development workflow and improve the efficiency of Ethereum wallets on the network. Evmos announced a phased cessation of Cosmos transactions, aiming for full completion by the third quarter of 2024.In addition, Evmos will maintain core functionalities of Cosmos, such as staking and token transfers via EVM extensions, ensuring users and developers have access to these features.

ChainCatcher news, Cosmos ecosystem EVM-compatible chain Evmos tweeted that thanks to Evmos's EVM extension, Safe's multisignature is now also available for the Cosmos ecosystem. The EVM extension allows Evmos users to utilize Safe Multisig (formerly known as Gnosis Safe) and other familiar Ethereum tools.Previously, Safe's multisignature was limited to Ethereum and EVM.

ChainCatcher news, the Cosmos ecosystem EVM-compatible chain Evmos announced on its official Twitter that its version 2.0 has officially launched. It is reported that the updates in this version include enabling StakeFi and IBC composability through the Evmos EVM extension, incentivizing sustainable growth of the Evmos v2 token economics, and creating value consistency with future Evmos SDK chains through software licensing, among others.

ChainCatcher news, Cosmos ecosystem EVM-compatible chain Evmos tweeted that it will launch Evmos 2.0 on August 2. Evmos 2.0 is not just a rebranding, but a significant update.The updates in this version include enabling StakeFi and IBC composability through the Evmos EVM extension, Evmos v2 token economics, and creating value consistency with future Evmos SDK chains through software licensing.

ChainCatcher news, Cosmos ecosystem EVM-compatible chain Evmos tweeted that it has learned that the former co-founder has been trying to sell 500,000 EVMOS tokens on Osmosis. The address holds 34 million EVMOS and has staked 11.5 million EVMOS. The initial lock-up period for the tokens at this address is one year, with a linear release over four years.Evmos stated that the former co-founder made substantial contributions to the project and left due to differences on certain issues. Currently, Evmos is working with him to return the tokens to the Evmos Foundation.According to the crypto data platform RootData, Evmos announced last November that it had completed a $27 million financing round, led by Polychain, with participation from institutions such as Coinbase Ventures. (Source link)

ChainCatcher news, the Cosmos ecosystem's EVM-compatible chain Evmos published "The Evmos Manifesto," proposing a roadmap for 2023, which includes three key components: EVM expansion, Evmos SDK, and dApp store.Among them, the EVM expansion will allow developers to connect to other smart contracts and application chains within the Cosmos ecosystem and enable smart contract calls to the IBC module for communication with other chains, sending, and receiving assets; the Evmos SDK will allow blockchain developers to create application-specific chains or EVM chains tailored to specific use cases, making it easier to customize and launch new EVM chains; the dApp store aims to serve as a one-stop access point for discovering and utilizing unique Web3 applications built on Evmos. (source link)

ChainCatcher news, the Cosmos ecosystem EVM-compatible chain Evmos tweeted that it has now upgraded to v10.0.It is reported that this upgrade includes support for automatic conversion between ERC20 and IBC assets, allowing users to sign all Cosmos transactions with MetaMask or EVM wallets through EIP-712 fixes, support for Ledger CLI to sign multi-signature transactions and run nodes using the hardware wallet Ledger, EIP-1559 support for native Cosmos transactions, and priority mempool support for Cosmos and Ethereum transactions, among others. (source link)

ChainCatcher news, according to CoinDesk, the core developer of the Cosmos ecosystem EVM-compatible chain Evmos, Tharsis Labs, has completed a $27 million seed round financing, led by Polychain Capital, with participation from HashKey, Galaxy, Huobi, Coinbase Ventures, Circle Ventures, Asymmetric, and several angel investors in the Web3 space. This token sale will support Tharsis Labs in further development on Evmos and accelerate the growth of the Evmos ecosystem. (source link)

ChainCatcher news, the Cosmos ecosystem EVM-compatible chain Evmos has passed a proposal to distribute 2.7 million EVMOS (approximately 4.4 million USD) in liquidity incentives to the stablecoin trading protocol Kinesis Labs, as well as to related liquidity pools on Osmosis and Diffusion Finance over the next 90 days. This includes liquidity pools for axlUSDC/ceUSDC/gravUSDC and USDT, DAI on Kinesis Labs, and OSMO/EVMOS on Osmosis, EVMOS/ATOM, EVMOS/WETH, EVMOS/WBTC liquidity pools on Diffusion Finance. (source link)

Chain Catcher news, Evmos Domain Service Evmos Domains announced that the project has entered the final stage of roadmap 1.0. Evmos Domains will launch its utility, treasury, and governance token "EVD". In addition, Evmos Domains also announced the project's airdrop plan, with the snapshot date set for September 28.It is reported that the total supply of EVD is 10 million, of which 40% will be airdropped to qualified user addresses in more than three rounds during a 6-month airdrop period, 40% will be stored in Diffusion Finance for yield mining for over 2 years, and the remaining 20% will be allocated to the treasury. Of all the airdrop tokens, 40% will be airdropped to Evmos Domains domain holders, 20% to registrants and early users, 10% to the Evmos Domains development team, 10% to ORBITAL APES ecosystem users, 10% to EVMOS, ATOM, and OSMO stakers, and 10% to testnet users, contributors, and Discord members. (source link)