Tag: AVAX
Avalanche’s $250 million locked token sale is led by Galaxy Digital, Dragonfly, and ParaFi Capital
Blockchain project at Layer 1 Galaxy Digital, Dragonfly, and ParaFi Capital are leading a locked token sale that will raise $250 million, according to Avalanche. The tokens sold will have…
Subject to court clearance, Avalanche Foundation will buy back the tokens that Terra’s LFG purchased in the 2022 agreement
To strengthen its reserves, the Singapore-based nonprofit Luna Foundation Guard, which had been supporting the since-collapsed Terra ecosystem with its stablecoin UST and token LUNA, acquired $100 million worth of…
Unrestricted Starts on Avalanche Blockchain for Solo Leveling
Solo Leveling, which was first published online, has grown into a highly regarded webtoon with over 14 billion views globally. The popularity of the series has spread beyond its webtoon…
Avalanche (AVAX) Cost Increases as Whales Gather
Improved market conditions and a rise in bullish whale activity support the possibility of a comeback. Avalanche Whales Try to Affect the Cost The whales’ optimism may be contributing significantly…
Stripe will assist Avalanche in growing the ecosystem’s user base and funding
Avalanche revealed that it has partnered with fintech Stripe to simplify the process for customers to put money to their wallets and buy digital assets. According to the company’s announcement,…
Avalanche Launches Memecoin Rush: $1 Million Incentive Program for Liquidity Providers
Avalanche Pushes Forward with Memecoin Support In a move to bolster the meme coin ecosystem within its network, the Avalanche Foundation has introduced Memecoin Rush, an incentive initiative aimed at…
Avalanche Partners with Alipay for Web3 Voucher Program
A new collaboration between Avalanche, a smart contracts platform, and the digital payments giant Alipay is set to introduce a groundbreaking Web3-enabled voucher program. Through this initiative, users participating in…
Avalanche Network Faces Block Finalization Stall, Resolved After Six Hours
In a recent incident report, Avalanche has acknowledged a block finalization stall, temporarily preventing the acceptance of blocks on its primary network. The disruption was flagged as developers promptly initiated…
Unlocking Financial Innovations: Citibank Explores Tokenizing Private Equity Funds on Avalanche Blockchain
In a pioneering move, Citibank has initiated a strategic exploration into the realm of tokenization, utilizing Avalanche’s Spruce Subnet to delve into the tokenization of private equity funds. This groundbreaking…
Ava Labs Propels Avalanche to New Heights with Vryx Upgrade for 100k TPS
Ava Labs is poised to revolutionize the Avalanche (AVAX) blockchain with its latest upgrade, Vryx, aiming to achieve an unprecedented 100,000 transactions per second (TPS). The company shared a glimpse…
Avalanche rise fueled by the popularity of GameFi could potentially lead to more gains in the new year
This week, the price of AVAX reached a local high of $46.43, and it is presently trading at $40.96 at the time of writing. The weekly chart showed an imbalance…