Avalanche


Markets

Altcoins Surge as Crypto Market Regains Steam

AVAX climbed 24% to hit a record of $79.58.

24-hour AVAX price chart (Messari)

Tech

Vee Finance Hit for $35M in Second Major Exploit on Avalanche

The platform was attacked for a total of 8804.7 ETH (around $26 million) and 213.93 BTC (around $9 million).

(Clint Patterson/Unsplash)

Markets

Market Wrap: Bitcoin Traders Take Profits Amid Regulatory Crackdowns

Derivative markets are displaying signs of uncertainty, and concerns about regulation are rising.

Bitcoin 24-hour chart (CoinDesk)

Tech

Kyber DEX Launches on Avalanche With $5.8M Liquidity Mining Program

“We’re going after the users,” said Kyber Network co-founder Loi Luu.

Loi Luu, Kyber Network CEO, at CoinDesk Consensus 2018 (CoinDesk archives)

Finance

Polychain Capital, Three Arrows Lead $230M Investment in Avalanche Ecosystem

The major funding will be used to inject liquidity into Avalanche-based DeFi platforms.

Ava Labs founder Emin Gün Sirer (CoinDesk archives)

Markets

Market Wrap: Bitcoin Drifts Lower as Altcoins Outperform

Bitcoin buyers appear to be exhausted, while altcoins such as Avalanche’s AVAX rally.

Bitcoin 24-hour chart (CoinDesk)

Tech

Avalanche-Based Zabu Finance Sees $3.2M Hack

The attacker used Zabu’s “Transfer Tax” mechanism to mint tokens, sending their value to zero.

hacker hands

Tech

DEX Aggregator ParaSwap Deploys on Avalanche

It’s already on Ethereum, Polygon and Binance Smart Chain. Now ParaSwap is expanding to Avalanche – with incentivized products in the works.

ParaSwap is parachuting onto the Avalanche blockchain. (Tomas Sobek/Unsplash)

Markets

Market Wrap: Bitcoin Slips Below $48K as Focus Shifts to Regulation

Bitcoin is in pullback mode as China and the SEC have traders’ attention.

Bitcoin 24-hour price chart, CoinDesk 20

Videos

What Does the Booming NFT Markets Reveal About Blockchain and DeFi?

John Wu of Ava Labs, which launched the proof-of-stake Avalanche blockchain, discusses his assessment of the booming non-fungible token (NFT) markets. “People sense and see, finally, real use cases… and that’s why there’s a run in the alts,” Wu said, pointing to the benefits of utility on the blockchain, including Ethereum and Avalanche.

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