Why Has Avalanche’s (AVAX) Price Tanked to a Six-Month Low?
The AVAX native token for the layer-1 blockchain Avalanche is in severe pain this weekend, slumping more than 10% at one point in a fall to its lowest level since…
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Avalanche’s AVAX down 10% following BtcTurk exchange hack
AVAX token falls 10% after BtcTurk, Turkey's leading crypto exchange, suffers a hack, with 1.96M AVAX moved illicitly. The post Avalanche’s AVAX down 10% following BtcTurk exchange hack appeared first…
Millions in Bitcoin Withdrawn After 1.96 Million AVAX Transferred to Exchanges: Zachxbt
Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT…
Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month
May sees major token unlock event for crypto projects like Aavo, Pyth Network, Starknet with over $2 billion in tokens set to release. The post Pyth Network, Aavo, Memecoin, and…
Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent…
Investor Hesitation Blamed as Crypto Investments See $942M Weekly Outflow: CoinShares
Investment products in digital assets witnessed a significant weekly outflow of $942 million, breaking the continuous seven-week streak of inflows reaching $12.3 billion. According to the CoinShares, this shift can…
Avalanche Foundation Launches Phase 1 of Meme Coin Rush
Avalanche Foundation, the non-profit organization behind the Avalanche ecosystem, has launched the first phase of a $1 million liquidity mining incentive program dubbed Meme Coin Rush. According to an announcement…
Avalanche to Launch Web3 Voucher Program on Alipay
The smart contracts platform Avalanche recently said it is collaborating with the Chinese payments giant Alipay to launch a Web3-enabled voucher program. The second phase will see the proof of…
Avalanche Foundation Discloses First Batch of Meme Coin Holdings
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…
Avalanche Hits $329M in Daily Large Transaction Volume as AVAX Reaches May 2022 Levels: ITB
The volume of daily large transactions on decentralized, open-source Proof-of-Stake blockchain Avalanche has surged to its highest since December 2023, as the network’s native token, AVAX, reached levels not seen…