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Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital
17.9.2021
Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led by Polychain and Three Arrows Capital, with the participation of other companies. This investment will give...
Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge?
17.9.2021
AVAX price soared to a record high as heavy inflows enter the protocol through its cross-chain bridge and institutional investors pledge $230 million in funding for the rapidly expanding Avalanche ecosystem
Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion
16.9.2021
On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study highlights the current “multi-chain market...
Multimillion-dollar investment rounds spark rallies in Avalanche and Audius
16.9.2021
Increased use of cross-chain bridges and sizeable investments from a variety of venture capital firms are boosting the price of AVAX, CELR and AUDIO
Avalanche Foundation raises $230M to support DeFi ecosystem
16.9.2021
The smart contracts platform has made substantial progress within the DeFi space since its launch last year
USD 230M Avalanche, Binance Centralization, Influential Vitalik + More News
16.9.2021
e/">AVAX tokens, according to Bloomberg. Other participants in the token sale included R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Curre
Ethereum eyes $6.5K bullish target as ETH price chart paints 'Cup and Handle'
16.9.2021
The success rate for cup and handle patterns in forex and stock markets, on daily timeframes, are 65% and 68%, respectively, per a Harvard study
Kalao Introduces the Future of Interactive VR and NFTs to Avalanche
15.9.2021
Kalao, a conceptual NFT ecosystem that uses the Avalanche public blockchain to power a low-cost, accessible marketplace, will launch the BETA version for the public in Q4 of 2021. This extension will bring the winning mix of NFT and VR technologies to the real world for cases, allowing Metaverse...
Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
15.9.2021
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability...
As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise
14.9.2021
Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
Zabu token price flatlines after $3.2M attack on Avalanche blockchain
13.9.2021
Zabu confirmed that the attacker successfully pulled out 4.5 billion tokens in Zabu Farm Contract and stole around $600K
As Leading Cryptos Dip Lower in Value, Elrond, Osmosis, Tron, Cosmos Token Values Climb
12.9.2021
On Sunday, digital currency markets have seen some slight improvements but overall since September 6, 2021, the $2.21 trillion cryptocurrency market capitalization is down 9.79% from $2.45 trillion. While dominant coins like bitcoin and ethereum have slid between 8-12% during the last week,...
Bull flag breakout pushes Avalanche toward $80 as AVAX price hits another record high
12.9.2021
The bullish setup emerges as traders raise their upside bets in smart contract protocols that rival Ethereum
Countdown to Cardano’s Hard Fork: Goguen Phase Smart Contracts ‘Represent a Big Step Forward’
10.9.2021
The digital currency network Cardano is two days away from the upcoming hard fork on September 12 and the community is expecting to see functional smart contracts. These can be used for decentralized finance (defi), non-fungible tokens (NFTs), and other types of decentralized applications (dapps)....
Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam
5.9.2021
At the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled...
Pangolin Native DEX Joins Avalanche Rush Program With $2M Allocation
3.9.2021
Pangolin will accompany the newly launched incentive by the Avalanche Association. The decentralized trading network, Pangolin, will be granted $2M as part of their alliance with the “Avalanche Rush” initiative. These profits bestowed on Pangolin will be in the form of AVAX tokens...
OpenOcean Aggregates Avalanche for Better Liquidity and Optimized Trading
1.9.2021
A DeFi and CeFi aggregator, OpenOcean, has now integrated Avalanche with its principal DEXes Baguette, Lydia.Finance, SushiSwap, Trader Joe, and Pangolin. This assimilation buys liquidity from numerous Avalanche DEXes, giving users the best price benefits and low volatility while exchanging...
Topps Unveils New MLB Inception NFTs — Firm’s NFT Series Now Minted on the Avalanche Blockchain
31.8.2021
The American firm that manufactures chewing gum, candy, and collectibles, The Topps Company Inc., has announced the launch of the 2021 Topps MLB Inception NFT collection. Furthermore, Topps is now leveraging the Avalanche blockchain for NFTs after the company was using the Wax blockchain...
OpenOcean Integrates Avalanche to Expand Liquidity and Optimize Trading
30.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Road Town, BVI, 30th August, 2021, Chainwire
OpenOcean, the world’s leading DeFi and CeFi full aggregator, is excited to announce that it is now live on Avalanche, a highly scalable and open-source platform...