According to ChainCatcher's message, on-chain analyst Yu Jin monitored that 1 hour ago, Cosmos developer Interchain Foundation continued to sell 3,000 ETH (worth $10.16 million) raised during the ICO in April 2017.Since the end of April this year, they have sold a total of 21,600 ETH (worth $55.97 million) at an average price of $2,591. They currently hold 383.8 BTC and 23,587 ETH, valued at $95.48 million.

According to ChainCatcher news, CoinDesk reported that the Interchain Foundation, which supports Cosmos, plans to allocate $26.4 million in funding in 2024. Of this, $3 million will ensure the continued modularity, efficiency, and stability of CometBFT (a Byzantine Fault Tolerance engine for state machine replication), $4.5 million will be used to enhance the composability of the Cosmos SDK, $7.5 million will go towards inter-chain communication protocols, $2.5 million will be allocated for the smart contract framework CosmWasm, $155,000 will be allocated to CosmJS (which helps developers integrate JavaScript-based clients with Cosmos SDK blockchains), and $1.5 million will be used for the security audit of the Interchain Stack.

ChainCatcher news, the Interchain Foundation supporting the Cosmos ecosystem is developing its development and funding priorities for 2024 and creating the Interchain Stack roadmap. The Interchain Foundation invites users to provide feedback by October 1.It is reported that the four strategic themes of the Interchain Stack roadmap include: increasing modularity through generalized software to better adapt to specific use cases; improving the developer experience to make it easier to build with the Interchain Stack; paying off technical debt so that we can make faster progress; and driving user adoption.