Cosmos Labs acquires block explorer Mintscan, forms Korea subsidiary to expand ecosystem

Stargaze 2.0 is now LIVE 🎉 (1) Connect your favorite wallet (2) Come and see your NFTs on the @cosmoshub (3) The marketplace is OPEN Come and play: stargaze.zone

Today we’re proposing something big for the Cosmos ecosystem. We’re bringing Osmosis directly into the Cosmos Hub. If approved by governance of both chains, the Osmosis DEX will be migrated natively on the Hub — unifying liquidity, governance, and security under one chain. This proposal reflects a natural evolution for Cosmos: sovereign experimentation followed by consolidation once infrastructure has matured. Osmosis has served as the primary liquidity venue of Cosmos since 2021. Now it has the opportunity to become native infrastructure of the Hub itself. OSMO holders would have the ability to convert to ATOM through a structured migration process, allowing the Cosmos to finally align around a single coordination asset. Finally, ATOM will have its first true revenue stream and direct exposure to the liquidity engine of Cosmos. For years the question has been: how does ATOM capture value from ecosystem activity? This proposal is our answer. Governance discussion begins today. Forum proposal ↓ forum.cosmos.network/t/propo…

CB of Honduras' 2025 Annual Report (p. 15), confirming an MoU signed w/ Cosmos Labs & Peersyst for CBDC research, including demonstrations of Cosmos blockchain and Cosmos EVM technology. Is $ATOM recent outperformance insider frontrunning before these start hitting the news?

Wells Fargo appears to be building a digital asset platform, and is hiring for engineering talent with Cosmos SDK and CometBFT experience 👀 A strong signal of where institutional priorities are heading: confidentiality and regulatory-grade operating controls.

Cosmos was right. For years the Cosmos pitch was basically: why rent when you can own? Run your own chain, control your own rules and costs, and still connect to everyone via IBC. Most of crypto shrugged - because as long as Ethereum L2s looked like the default path, sovereignty = ideology. Then @VitalikButerin post hit: L2 decentralization and interoperability have been slower than hoped, @ethereum L1 itself is scaling, and generic "Ethereum-but-cheaper" L2s need a new reason to exist.... That shift is exactly where Cosmos lives. (By ‘Cosmos’ here I mostly mean Cosmos Labs the accounts shipping/pushing the stack.) -- Why Cosmos is swinging right now After Vitalik's post, you cannot ignore the fact that being an Ethereum L2 means building a business as a tenant on someone else's platform - and that risk gets real when the landlord opens a competing store on the ground floor. Cosmos' whole thesis is the opposite of tenanthood: own the chain, own the rules, connect outward. The moment the market starts thinking in "platform risk" terms, that pitch is no longer ideology and a lot more like risk management. So the team moved fast. Dropped a blog; @0xMagmar posted a "this reads like a troll but isn't" migration checklist: move an Ethereum L2 into a sovereign EVM L1 in days, not months. Users barely notice. "DM me, we'll do it for you." Clear and open invitation to every L2 team that's starting to question their setup. -- Cosmos is crossing off the old objection list To make that pitch real, Cosmos has been shipping what used to be the "yeah but..." list: ▫️ Cosmos EVM - keep Solidity familiar tooling. Your contracts move over. Devs learn nothing new. ▫️ PoA mode - start with a smaller, permissioned validator set if you don't want to bootstrap a whole validator economy on day 1. Evolve later if you need to. ▫️ IBC upgrades - the promise is "sovereign but connected," with connectivity beyond just Cosmos chains becoming a first-class goal. Net: every "but Cosmos can't..." from two years ago is getting crossed off. -- Who's already voting with their feet I've been posting about this for a while - there's a broader pattern forming: more big players want their own rails instead of being tenants. Examples of that "go sovereign" direction: ▫️ @circle announced its own L1 ("Arc") built for stablecoin finance. ▫️ @HyperliquidX built its own chain. ▫️ @OndoFinance and @Figure are leaning into Cosmos-style sovereign setups. ▫️ @tempo - incubated by @stripe & @paradigm - is being built as a payments-focused L1. The specifics differ, and a lot of names and teams we don't know about yet, but the direction is consistent: sovereignty is back in fashion. -- So what did Vitalik actually say? ELI5: Ethereum's old plan was basically "L2s are like Ethereum franchises - same brand, same trust, just faster and cheaper." Vitalik said that framing doesn't fit anymore: 1. Decentralization interoperability on L2s has been slower/harder than hoped 2. Ethereum L1 is scaling and could get meaningfully more capacity in 2026 And he told L2s to find a value-add other than "we scale Ethereum." This isn't "L2s are dead." It's "generic L2s can't coast on the scaling story forever." That's a big difference - but if 'Ethereum-but-cheaper' is all you've got, you should be nervous. -- What users should care about Users don’t care about "L1 vs L2" labels. They care if it’s fast, cheap, connected, and won’t rug them if the base platform changes its mind. This whole fight is about that last one. L2s borrow Ethereum’s security (great), but you’re still a tenant - subject to the landlord’s rules, fees, or competition. Sovereign chains own the stack and plug into others. Different risk, different upside. -- The $ATOM question - separate and unavoidable Cosmos "winning the moment" is not the same thing as $ATOM holders winning. If the thesis is "development funded in whole or part by $ATOM should benefit $ATOM," then the value-accrual path can't be vibes. It has to be explicit: fees, services, buybacks, revenue share, whatever the mechanism ends up being. Sovereign chains and @cosmoslabs_io can be a win for the stack - but $ATOM needs a clear contract for how it captures value from that stack. -- What I'm watching Cosmos wins this moment only if two things are true in production: 1. "Sovereign but connected" needs to feel boring and reliable. 2. Migrations have to be buttery smooth in production If they nail execution, this could pull real volume (and maybe finally some $ATOM demand via Hub services/fees). 🫡 Sources: cosmos.network/blog/ethereum… x.com/0xMagmar/status/201946… github.com/cosmos/evm x.com/VitalikButerin/status/…

JUST IN - Discord to globally require a bio-metric face scan or ID verification for full access next month to protect "teen safety." — Verge

My takeaway on Vitalik's post yesterday: Ethereum is becoming Cosmos's Vision (Maybe the ticker should be ECV?)