🚀 Big news in the crypto world! Osmosis, a decentralized exchange (DEX) on the Cosmos blockchain, has launched a bridge to the Bitcoin network. This move, approved by the Osmosis DAO, integrates the Bitcoin bridge Nomic, allowing users to swap BTC for alloyed BTC (allBTC) on Osmosis.
- The bridge offers zero-fee transactions, aiming to provide a centralized exchange experience with decentralized Bitcoin custody.
- Bitcoin's market dominance recently hit 60%, underscoring its massive influence.
What do you think about this shift towards Bitcoin in the DEX space? Share your thoughts in the comments!