Cosmos ($ATOM) Pumps on Staking News: Is now the right time to invest despite security concerns?

Cosmos ($ATOM) surged by 10%, reaching 4.86 USD after eToro’s announcement of staking integration. Despite this, ATOM’s performance remains disappointing, down 57.3% in the year, compared to other cryptocurrencies.

Cosmos aims to become the ‘Internet of Blockchains’, focusing on interoperable applications. Recent advancements include the open-sourcing of Evmos, expanding compatibility across Ethereum-based appchains within the Cosmos ecosystem.

Ongoing security worries have arisen due to possible ties to the Lazarus Group, affecting investor confidence. Informal Systems has proposed audits to enhance governance and tackle issues in the Liquid Staking Module.

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