Avalanche raises $250 million to boost layer-1 upgrade
Avalanche has raised $250 million from Galaxy Digital, Dragonfly and ParaFi Capital among other investors. The token sale comes as Avalanche nears the mainnet launch of its layer-1 blockchain upgrade.…
Avalanche launches Avalanche9000 testnet, its largest upgrade to date
Avalanche9000 testnet launched, reducing costs and enabling permissionless L1s. The upgrade will lower validator and C-Chain fees, boosting accessibility. Avalanche has also launched a $40M grant program to incentivize the…
Avalanche completes repurchase of 1.97M AVAX tokens from LFG
Avalanche has repurchased 1.97M AVAX tokens from the defunct Luna Foundation Guard. The buyback, valued at $53M, strengthens Avalanche’s ecosystem and long-term goals. AVAX price has surged 4.0% in the…
Avalanche Foundation launches Avalanche Card, a Visa crypto spending card
The Avalanche Foundation has launched the Avalanche Card, a Visa crypto card. The Visa card links to a self-custody wallet and supports various cryptocurrencies. Initially available in Latin America and…
What Is Avalanche: From Subnets to Sovereign Layer 1s
What Is Avalanche? Avalanche is a high-performance, scalable Layer 1 blockchain platform that uniquely combines a tri-chain architecture (C-Chain, P-Chain, and X-Chain) with customizable Layer 1...
Polygon Discord compromise spread to Avalanche and ZKsync
Avalanche and ZKsync Discord servers were compromised within 48 hours of Polygon. Attackers shared fake links promising free tokens, exploiting both communities. Avalanche resolved their issue within an hour, while…
Avalanche holds above $30 despite politics-driven crypto dip
Avalanche (AVAX) hovered above $30 after breaking out from lows of $26 last week. Despite overall dip in crypto amid latest US politics news, AVAX looked poised for more gains.…
Chainlink launches Data Streams product on Avalanche Network
Chainlink launches Data Streams on Avalanche to enhance real-time data access. Data Streams introduces pull-based oracles for low-latency data retrieval. The new product adds to the expanding range of Chainlink’s…
NuggetRush presale raises $3 million amid price stabilization for Cardano and Avalanche
TLDR NuggetRush (NUGX) is a blockchain gaming project offering engaging gameplay where players build mining enterprises, earn rewards, and collect in-game items like cash and gold as NFTs. Cardano (ADA)…
Bitget Wallet Partners with Over 40 Projects Including Avalanche, Taiko to Launch the BWB Ecosystem Partner Program
Victoria, Seychelles, March 22nd, 2024, Chainwire Leading Web3 wallet, Bitget Wallet announced the launch of its BWB Ecosystem Partner Program, with participation from over 40 prominent blockchains and projects including…