The Bitcoin Cosmos Nomic DAO will take control of the bridge after a planned upgrade. This upgrade is scheduled to take place on October 3, 2023.

The bridge is a system that allows users to transfer funds between different blockchains. It is a key component of the Bitcoin Cosmos network, which is a decentralized platform for building and running distributed applications.

The upgrade will enable the DAO to take control of the bridge and manage its operations. This will allow the DAO to make decisions about how the bridge is used and how funds are transferred between different blockchains.

The upgrade is expected to improve the security and reliability of the bridge, as well as provide more flexibility for users to transfer funds between different blockchains.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	8
People	None
Companies	Nomic DAO, Bitcoin, Cosmos
Currencies	Cosmos Hub, Bitcoin, Lido DAO
Securities	None