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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 founder Emin Gün Sirer ‘quite bullish' on crypto market prospects
6.7.2021
Despite the current market downturn, the Cornell University computer scientist and professor says he is bullish about crypto
Tether to Launch USDT Natively on Avalanche
18.5.2021
The blockchain company Tether has announced it will make available its stablecoin token as a native asset in Avalanche, a smart contract platform that has picked steam in the last year. Avalanche has a growing decentralized finance (defi) ecosystem, so this launch will most likely improve...
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Avalanche Developers Rush Client Patch as ‘Bug’ Slows Blockchain Transactions
11.2.2021
A "cross-chain finality" bug has forced the network into "self-healing mode."
Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x
18.11.2020
On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily...
CoinDesk Live Recap: The DAO Hack Is Still a Mystery
30.7.2020
The DAO attack was a foundational episode in Ethereum history. On Tuesday, CoinDesk Live gathered a handful of blockchain veterans to look back
Avalanche Launch Fumbles: ‘A Highly-Sophisticated DDoS Attack Derailed Token Sale’
9.7.2020
On July 8, 2020, some members of the cryptocurrency community were prepared to leverage the AVA Labs Avalanche (AVAX) token sale, in order to acquire some of the highly anticipated coin on Wednesday. However, due to “record-breaking demand” and a “highly-sophisticated DDOS...
Base Layer Wars Heat Up With Another $12M Committed to AVA Labs’ Avalanche Blockchain
25.6.2020
AVA Labs has closed a $12 million private token sale. The funding round – co-led by Galaxy Digital, Bitmain, Initialized and others – comes weeks before an anticipated mainnet launch
AVA Labs Launches Framework for 'Internet of Blockchains'
21.4.2020
AVA Labs, founded by Cornell’s Emin Gün Sirer, has launched a public testnet
Twitter Crypto Scammers Continue to Fly Under the Company’s Radar
12.8.2019
Over the last two years, cryptocurrency scamming on social media has been prevalent. In January 2019, it was reported that crypto impersonation scams on Twitter raked in millions in cryptocurrencies from people pretending to be well known blockchain personalities. Now a new form of deception can...
Report Insists ‘Bitcoin Was Not Purpose-Built to First Be a Store of Value’
7.6.2019
There’s been furious debate over the last few years on whether or not Satoshi created Bitcoin to be a peer-to-peer cash system or a purpose-built store of value. Lately, a few BTC proponents claim that Satoshi deliberately built Bitcoin to be a store of value (SoV). Despite the SoV narrative...
Ava Labs Exits Stealth, Launches Blockchain Testnet Based on ‘Avalanche’ Protocol
16.5.2019
Ava Labs is out of stealth, revealing a past $6 million funding round and a new blockchain testnet backed by the Avalanche consensus protocol