Dismantling Avalanche Is The First Step In The War Against Global Fraud Rings
Do not be mistaken in thinking this global fraud ring was decentralized by any means. Global fraud rings are nothing new under the sun these days. With the rise of deep web activity, criminals have created platforms to communicate and collaborate on a global scale. Avalanche, one of the largest global fraud rings in the world, has now been dismantled. This is a major boon for law enforcement agencies, although the threat is far from over. The Avalanche global fraud ring has been a thorn in the side of police officials for quite some time now. This project serves as a distributed cloud....
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BitMart, a premier global digital asset trading platform, announces a new integration with the Avalanche network and will support its ecosystem. AVAX, the native token of the Avalanche platform, will be listed on BitMart on July 26, 2021. Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has […]
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies like avalanche (AVAX). The Avalanche co-founder mentioned “macro conditions” and that “all asset prices—not just crypto but also equities—have gone down” in value.
Emin Gün Sirer: ‘Price Is Not Something That I’m Supremely Interested....
USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge it via Ethereum. Now, Circle, the issuer of usd coin (USDC), will allow users to mint the tokens directly on Avalanche’s C-Chain, saving on fees and eliminating the need for bridges to wrap this token.
Native USDC Support on Avalanche
Circle, the issuer of USDC, has announced the launch of its stablecoin on the Avalanche network. Circle expects this development to create new opportunities and....
Avalanche price action has remained bearish on the chart at the time of writing. AVAX has maintained the price above its support line of $22. Right after the coin surged and revisited the $24 mark, it started to retrace on its chart. This is a price correction as Avalanche price showed appreciation over the last two weeks. At the moment Avalanche is witnessing a profit booking which has caused buying strength to fade away over the last few days. Incase Avalanche price manages to push above the $25 price zone, the bullish force might gain strength. Buyers can again find their way back to....
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 $200 million available for its task, is composed of contributions coming from Avalanche Foundation, Ava Labs, Polychain Capital, Three Arrows Capital, among other participants.
Blizzard Fund Comes to Avalanche Devs
The Avalanche Foundation has announced the launch of a new fund that will help developers to keep launching innovative products on top of the Avalanche blockchain. The....