Search
Avalanche Foundation Discloses First Batch of Meme Coin Holdings
16.3.2024
The Avalanche Foundation has disclosed the first set of community coins, also called meme coins, in which the institution has invested under its $100 million Culture Catalyst fund launched in 2022. Coq inu, gecko, kimbo, nochill, and tech are the first five currencies that are part of...
Avalanche Foundation Snaps up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment
15.3.2024
The Foundation first said in December it would invest in meme coin as part of a digital culture drive
Is It Too Late to Buy Avalanche? AVAX Price Soars 19% with Spotlight on Upcoming Green ICO as Next Big Thing
13.3.2024
Developer-oriented layer-1 solution Avalanche price has seen its AVAX token soar +19% as Bitcoin pushes new highs. This article will provide an analysis of AVAX’s current price trends and look to see whether an innovative DEPIN crypto, eTukTuk, represents a more promising investment opportunity...
Nexon’s MMORPG MapleStory to Launch Web3 Version on Avalanche
12.3.2024
South Korean videogame developer Nexon to launch a web3 version of its MMORPG MapleStory on the Avalanche blockchain, introducing user-generated content and new gameplay mechanics.
The post Nexon’s MMORPG MapleStory to Launch Web3 Version on Avalanche appeared first on Cryptonews
Community-Driven Ecosystem Accelerators ‘A Vital Component of Crypto Funding Mechanisms’ – Elie Le Rest
29.2.2024
Large institutions will fully embrace decentralized finance (defi) only when they are confident that their trade counterparties will comply with sanctions and other international laws, argues Elie Le Rest, CEO of Colony Lab. However, Le Rest, also an angel investor, said trade counterparties...
Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration
28.2.2024
Asset managers Ark Invest and 21Shares have taken a step towards more transparency of their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink’s proof of reserves to bring reserve data on the Avalanche mainnet, the companies announced Wednesday
Avalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates
23.2.2024
The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in inscriptions. Avalanche Hits Snag as Block Finalization Stall Disrupts Service Avalanche...
Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave
23.2.2024
Avalanche, a layer-1 network, has encountered a block production failure lasting nearly two hours, as reported on its status page.
The post Avalanche Blockchain Faces Block Production Disruption Following New Inscription Wave appeared first on Cryptonews
Avalanche Suffers Outage, Fails to Produce Block for Almost Two Hours
23.2.2024
Layer-1 network Avalanche has failed to produce a block for more than an hour, Ava Labs co-founder Kevin Sekniqi said the issue "seems to be related to a new inscription wave."
Avalanche's AVAX Underperforms Ahead of $365M Token Unlock
20.2.2024
Avalanche's AVAX was one of the few crypto assets that dipped in price over the past week as the token will undergo a $365 million unlocking event scheduled this week
Citi Completes Private Market Tokenization Test Using Avalanche
17.2.2024
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the fund and transact the tokenized assets, which were programmed...
Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds
15.2.2024
Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...
Citi Bank Tests Tokenization of Private Equity Funds on Avalanche
14.2.2024
The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets
February Frenzy: These 5 Cryptos Have Nearly $1 Billion Worth of Unlocks Due This Month
5.2.2024
The crypto market is poised for increased selling pressure across numerous tokens as unlocks worth nearly $1 billion are set to occur this month. Projects such as Optimism (OP), Avalanche (AVAX), The Sandbox (SAND), Aptos (APT), and Sui (SUI) are expected to have the largest unlocks, adding to...
Crypto Market Anticipates Release of $900M in Vested Tokens in February
2.2.2024
The digital asset market is anticipating the release of approximately $900 million in vested tokens in February. Various projects, including Avalanche, Aptos, The Sandbox, Optimism (OP), and Sui (SUI), are preparing to unlock tokens. Vesting refers to locking digital assets for a predetermined...
Avalanche Announces Eligibility Criteria for Meme Coin Purchasing Program
25.1.2024
The Avalanche Foundation, a non-profit organization seeking to support the avalanche ecosystem, has announced the rules covering its already active meme coin purchasing program. The institution has defined the holder count, concentration, liquidity, liquidity providers, lifespan, and market...
Avalanche Foundation Embraces Meme Coin Culture With $100 Million Fund (edited)
25.1.2024
The Avalanche Foundation has created a $100 million meme coin fund to promote culture and engagement within the Avalanche ecosystem. Image by AdriaVidal, Adobe Stock. On January 23, the nonprofit organization behind the Avalanche blockchain network announced a $100 million fund to support meme...
Avalanche Price Prediction as Analysts Suggest AVAX Nearing Bottom – Bull Run on the Horizon?
25.1.2024
Avalanche (AVAX) price predictions are turning more bullish in wake of the cryptocurrency recovering back above $30, with analysts increasingly betting that the Avalanche price is nearing a near-term bottom. The Avalanche price was last around $30, having bounced more than 10% from earlier weekly...
Fonbnk & Avalanche team up: Simplifying Web3 for Africa
24.1.2024
Fonbnk recently announced a partnership with Avalanche. The announcement was made on the official X/Twitter account of Fonbnk. A string of tweets stated that Fonbnk would empower Avalanche with the partnership. The collaboration will see the Avalanche developer and builder community utilizing...
Avalanche Foundation Unveils Eligibility Criteria Framework for Acquisition of Meme Coins
23.1.2024
The Avalanche Foundation has unveiled an “eligibility framework” detailing guidelines for its plan to acquire meme coins. In an announcement published January 23rd, the foundation behind the Avalanche blockchain outlined the essential characteristics that a meme coin must possess to...