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Cosmos announces the launch of interchain accounts
Hassan Maishera - Cryptowisser
2022-02-24 14:33
The Cosmos team announced on Twitter yesterday that interchain accounts are available on its network. The interchain accounts will reportedly allow blockchains to control entire accounts on other chains. It will also bring composability and interoperability to the Cosmos DeFi ecosystem.
Cosmos is a network connecting many independent distributed ledgers (e.g., Ethereum, Bitcoin) to achieve interoperability across blockchains. ATOM, the native token of Cosmos, is down by more than 14% in the last 24 hours and is trading at $22.44 at press time.
Source: Twitter
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