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Nalezeno "Avalanche (AVAX)": 120

Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising


The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...

Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million


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


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...

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