On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between the Ethereum (ETH) and Cosmos blockchains. During its initial stages, Gravity Bridge will operate as a standalone chain before migrating to Cosmos Hub early next year. Its key technical features include interchangeable token issuance across both chains and the support of Ethereum to Cosmos oracles. Simpier issued the following statement regarding the launch: In this interoperable ecosystem, Gravity Bridge’s place is a foundational piece of infrastructure, available to all Cosmos chains openly, purpose-built to update and ...
A social group, Ishi-Obere Brothers Club, IBC, in Amufie autonomous community, Igbo-Eze North Local Government Area of Enugu state has applauded Governor Ifeanyi Ugwuanyi’s effort at ensuring rural access roads in every community in the state. This commendation was made in a statement signed and issued to pressmen in Enugu by the chairman of the group, Pharm. Ernest Odo and financial secretary, Mr Chinedu Adonu respectively. Odo while expressing satisfaction with the construction of Amufie-Ugbaike-Inyi rural road which links the aforementioned communities to Abuja through Obollo Afor-Makurdi expressway said it was a shortcut for those travelling to Abuja. He expressed the view that the road would boost economy of the state, adding that rural roads development is a sure way of attaining rap...