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Blockchain protocol Avalanche saw a flash loan attack of $371,000 worth of USDC stablecoins. According to blockchain security company Certik, the hack possibly impacted lending protocol Nereus, decentralized trading Trader Joe, and automated market maker Curve Finance. Later, Nereus Finance...
Blockchain platform Avalanche revealed native support for Bitcoin via the Avalanche bridge. The team published a blog post that says with the new Bitcoin bridging possibility, the network aims to uncover more than half a trillion dollars of value on the BTC network within the Avalanche DeFi...
Development company Ava Labs, standing behind the Avalanche blockchain protocol, is raising a new fund. An article by Bloomberg says that the new valuation makes Ava Labs one of the cryptocurrency startups with highest value. Established in 2018, the firm is raising $350 M at a $5.25 bln valuation,...
The Terra protocol team revealed a collaboration with Avalanche and the purchase of AVAX coins. Terraform Labs bought $100 M in AVAX for Treasury Swap of LUNA and AVAX to boost various activities. Along with this, the Luna Foundation Guard bought $100 M in AVAX with UST stablecoins. AVAX is now the...
Peer-to-peer payments technology Circle revealed that its stablecoin USDC started operating on the smart contracts protocol Avalanche. Released in 2018 on Ethereum, USDC is the second-largest stablecoin after Tether and the 7th largest crypto. The coin has a market capitalization of over $41.7 bln....
The native coin of the Avalanche blockchain, AVAX hit a new all-time high of $146.22. In the last 7 days, the price went up by around 40%. At the moment, AVAX is the 10th largest crypto, with a market cap of over $29.7 billion. Thus, the coin got ahead of Dogecoin, which has a market cap of $29.5...
This week, the Bitcoin price saw a decrease, setting a three-week law of nearly $55.700. Ethereum and most cryptocurrencies also faced decline. Currently, Ether trades at around $4.000, down by around 14% in the last seven days. A major reason for the market sell-off is new crypto regulatory rules...
Leading international financial services provider Deloitte built a partnership with Ava Labs to use the Avalanche blockchain for its new disaster recovery platform "Close As You Go" (CAYG). The project will help the government to manage federal emergency funding more effectively. ...
AVAX, the native coin of the Avalanche smart contracts platform, hit a new all-time high of $101.59 on CoinMarketCap. In the last 7 days, the Avalanche price increased by around 7%. Currently, AVAX is the 13th largest crypto with over a $21.6 billion market cap. Avalanche allows building smart...
With Ethereum's hitting a new all-time high of $4.664 on November 3, most altcoins increased in price. Polkadot (DOT), Solana (SOL) and Avalanche (AVAX) reached new all-time highs. On November 2, Polkadot crossed the milestone of $50. On November 3, the token's price reached $54.55. Currently, DOT...
AVAX, the native coin of the open, smart contracts network for building dapps, Avalanche, reached a new all-time high of $68.84 on coinmarketcap.com. On September 16, the company revealed completing a $230 M fundraising via a token sale. The investment was headed by Polychain and Three Arrows...
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