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Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program

The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment. The program will allocate $1…

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Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges

After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers…

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Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law

The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives…

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Avalanche Foundation Launches $200 Million Blizzard Fund to Entice Innovation on Its Chain

Avalanche Foundation, the organization behind the Avalanche chain, has announced the launch of Blizzard, a fund that will entice development and innovation on the Avalanche ecosystem. The Fund, which has…

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Avalanche Pulls Down $230 Million Investment Led by Polychain and Three Arrows Capital

Avalanche, a smart contract-enabled cryptocurrency, has received a $230 million investment from a group of VC companies. The funding round, which is being described as a private sale, was led…

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