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Avalanche blockchain faces technical disruption, investigates block production halt

Avalanche

Avalanche, the decentralized application (DApp) platform renowned for its proof-of-stake (PoS) blockchain, encountered a significant technical disruption, causing a halt in block production. This disruption, occurring on Feb. 23 at 12:02:27 pm UTC, stirred concerns among the cryptocurrency community, raising questions about the stability of the network. Block production disruption Avalanche’s primary network experienced block […]

Sports Illustrated takes NFTs to Avalanche for next-level ticketing

Sports Illustrated

Sports Illustrated Tickets has made a significant move by shifting its NFT ticketing service to the Avalanche blockchain. This strategic decision marks a pivotal moment in the evolution of digital ticketing platforms, leveraging the capabilities of blockchain technology to enhance security, efficiency, and user experience. Avalanche, a prominent blockchain network, has acquired a stake in […]

Avalanche’s AVAX tanks before $365M token unlock – What went wrong?

Avalanche

Avalanche’s native cryptocurrency, AVAX, has experienced underperformance in the market leading up to a significant event: the unlocking of $365 million worth of tokens. This unlocking event has garnered attention due to its potential impact on AVAX’s price and market dynamics.  Historically, such large unlocking events in the crypto space often coincide with price declines, […]

Avalanche’s Durango Upgrade: A Leap Forward in Cross-Chain Communication

Avalanche's Durango Upgrade: A Leap Forward in Cross-Chain Communication

In a significant advancement for blockchain technology, Avalanche has announced the forthcoming launch of its Durango upgrade on the Fuji testnet. Scheduled to go live on February 14th, the upgrade represents a pivotal moment for the Avalanche ecosystem. The Durango upgrade is not just a routine update; it’s a transformative enhancement that introduces Avalanche Warp […]

Avalanche Foundation announces support for meme coins

Avalanche

The Avalanche Foundation has made a surprising announcement regarding its plans to support meme coins built on the Avalanche blockchain. In a social media post on December 29, the foundation disclosed its intention to back select meme coins to foster the “culture and fun” associated with these assets.  This move has garnered significant attention in […]

Avalanche Foundation Boosts Meme Sector with Culture Catalyst Funding

Avalanche Foundation Boosts Meme Sector with Culture Catalyst Funding

The Avalanche Foundation has taken a significant step by announcing its support for the Meme sector through the Culture Catalyst funding program. The initiative marks a strategic move to recognize and nurture the unique culture and creativity the Meme ecosystem embodies.  By purchasing selected Meme tokens based on Avalanche and creating a collection series, the […]

Avalanche users spend $13.8 million in transaction fees on inscriptions in 5 days

Avalanche users spend $13.8 million in transaction fees on inscriptions in 5 days

In the last five days, users on the Avalanche blockchain have collectively paid $13.8 million in transaction fees for the creation and movement of tokens and NFTs using inscription-based technology. These unique tokens are generated by incorporating text into standard blockchain transactions, utilizing an off-chain numbering system for tracking. The popularity of inscriptions has surged […]

Avalanche’s partnership with Republic elevates AVAX ecosystem

Avalanche

Avalanche (AVAX), the open-source blockchain platform, has recently announced a significant partnership with investment firm Republic. This collaboration has led to the creation of Republic Note, a revenue-sharing tokenized security designed to provide exposure to Republic’s diverse portfolio of investments, including prominent Web3 firms such as Avalanche itself, DappRadar, and Dapper Labs. This article explores […]

Republic unveils innovative Republic Note on Avalanche network

AVAX

Republic, a cutting-edge investment and technology organization, has recently made headlines by announcing its strategic decision to utilize the Avalanche blockchain network for its latest digital asset issuance. This move, a departure from more commonly used networks like Ethereum, marks a significant shift in digital securities and blockchain technology. Republic’s new digital asset, named Republic […]

Hyperspace Makes EVM Debut on Avalanche, ushering in a new era for NFTs

Singapore High Court approves novel NFT strategy to flag crypto wallets linked to hacks

Hyperspace, a multichain NFT marketplace and launchpad, has debuted on Avalanche’s EVM chain. The partnership aims to provide an optimal experience for NFT traders and collectors by leveraging the speed, power, and eco-friendliness of the Avalanche blockchain.  Hyperspace co-founder Kamil Mafoud expressed enthusiasm about the partnership, stating that it represents a pivotal milestone in their […]

Arkefi revolutionizes high-value asset investments with fractional ownership on Avalanche

Arkefi revolutionizes high value asset investments with fractional ownership on Avalanche

AllianceBlock, a leading infrastructure provider for decentralized tokenized markets, has launched Arkefi on the Avalanche ecosystem in a move that promises to redefine the landscape of high-value asset investments. This real-world asset (RWA) investment platform, backed by the art investment company ARTBANX, aims to democratize access to exclusive art, luxury cars, and collectibles. Arkefi’s launch […]

How does the Avalanche Consensus Uniquely Achieve Agreement in Decentralized Networks?

avalanche consensus

In the ever-evolving landscape of blockchain technology, consensus ensures that a decentralized network arrives at a unified decision. From enabling secure financial transactions to supporting complex decentralized applications, consensus protocols are pivotal in maintaining the integrity and trustworthiness of distributed ledgers. Amid this realm of cryptographic innovations emerges a protocol that has garnered attention for […]

Circle unveils EUROC stablecoin on Avalanche

circle

In a revolutionary development poised to make transactions swifter and more effective, Circle, the prominent stablecoin issuer, has announced the introduction of Euro Coin (EUROC) on the high-performance Avalanche platform. This innovative move represents the latest addition to Circle’s multi-chain strategy for the EUROC. Expanding the scope of EUROC The launch is set to increase […]

Avalanche partners with Alibaba Cloud on blockchain metaverses

Avalanche

Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, has joined forces with layer-1 blockchain Avalanche to offer a launchpad called Cloudverse. This platform aims to help businesses design, launch, and maintain their metaverse spaces on Avalanche’s blockchain. The announcement comes ahead of the Avalanche Summit II conference. MUA DAO, a service layer, […]

Circle’s revolutionary cross-chain USDC transfer protocol goes live

Circle launches cross chain USDC transfer protocol for Ethereum

Circle, the company behind the US Dollar Coin (USDC), has announced the launch of its mainnet protocol that enables users to seamlessly transfer USDC between Ethereum and Avalanche. This revolutionary Cross-Chain Transfer Protocol (CCTP) eliminates the need for USDC bridges, simplifying transactions and enhancing security for users. A solution to fragmentation The new CCTP aims […]

Is Avalanche fooling its investors and token holders?

Avalanche

The Avalanche blockchain is currently under the crypto community’s radar. Recent reports indicate that Ava Labs, the for-profit company behind the Avalanche blockchain, has employed an army of thousands of false “astroturf” social media accounts to misrepresent public opinion. With this opinion, they can configure it at will, enabling them to sell AVAX tokens, defame […]

FTX crash gives Avalanche the edge with this deal – Details

FTX crash gives Avalanche the edge with this deal

The recent FTX exchange crash has created an opportunity for Avalanche to step up and make a major move in the gaming industry. TSM, the global esports and creator-focused company, and Blitz, the company’s competitive gaming platform, have announced that they will be partnering with Avalanche, the cutting-edge blockchain platform, to revolutionize the gaming industry. […]

AVAX plummets by 2% as Greyscale removes Avalanche from its large-cap fund

AVAX plummets by 2% as Grayscale removes Avalanche from its Large Cap Fund

On Friday morning, the AVAX token of Avalanche network experienced a 2% dip in its price due to Grayscale Digital Large Cap Fund offloading its holdings. Grayscale reported to the Securities and Exchange Commission (SEC) on Friday morning about portfolio rebalancing efforts. To do this, they sold all Avalanche (“AVAX”) holdings and used that cash […]

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