With the release of their L2 scaling solution on Avalanche, Boba Network becomes the first multichain Layer-2 blockchain. It’s the first time Avalanche has had an L2 and its Boba. It further establishes Boba as the de facto standard L2 for scaling blockchain networks, and gives Avalanche developers an additional
According to CertiK, there were three potential protocols affected. CertiK’s on-chain security software, Skynet, detected assault at 7:26 pm UTC on Tuesday. On Tuesday night, a flash loan attack was carried out using the Avalanche network. A specific smart contract and many liquidity providers were the targets of the assault.
Over the last 7 days, AVAX has increased in price by more than 30%. Robinhood’s chief product officer Aparna Chennapragada has left the company. Avalanche (AVAX) and Stellar (XLM) were added to the Robinhood cryptocurrency exchange’s list on Monday. Cryptocurrencies like Shiba Inu (SHIB) and Chainlink (LINK) have recently been
Top 5 cryptocurrencies of the week, BNB, XRP, DOGE, DOT, and AVAX. Binance is strongly signaling the buy trends. Since the beginning of this year, the whole cryptocurrency market has faced highs and lows and lost billions. Still, crypto enthusiasts have hopes and are trying to make the market steady,
Cardano is up 14.52% in the last 24 hours. Avalanche can help any smart contract-enabled application surpass its rivals. Let us look at the top 3 altcoins for June 2022. Chainlink (LINK) A vast open-source community of data producers, node operators, smart contract developers, security auditors, and more drive the
This move was prompted by the Otherside metaverse project’s problems. Otherside metaverse project should be relocated to Avalanche as per the proposal. According to a request presented by the L1 blockchain platform, ApeCoin DAO’s APE currency and its Otherside metaverse project should be relocated to Avalanche. According to the proposal,
Yeti Finance offers Cross-margining across all collaterals and auto-compounding returns. Yeti Finance’s borrowers create YUSD, a stablecoin that is hard-pegged. Yeti Finance, a cutting-edge, Avalanche native decentralized borrowing mechanism, has received a strategic investment from the Avalanche Foundation. As a result, Yeti Finance provides cross-margining across all collateral and auto-compounding
Dapps or Decentralized Applications has become a buzzword in the crypto-world over the past 3 years. For the uninitiated, the term dApp refers to a blockchain-based application that runs on a decentralized network and uses its resources. Decentralized apps normally have no central point of failure, have open source code
The bullish outlook is most evident after a significant price movement to above $150. This linkage puts AVAX in the same danger as Bitcoin has since November 2021. This week’s Avalanche (AVAX) market retracement has increased the likelihood that it will surge by another 100 percent in the second quarter.
AVAX’s price has been able to halt its declines from the previous session. Terra has the greatest circulating market value among the top 30 invested assets. Let us look at the top 3 promising altcoins amid the recent market fumble. Axie Infinity (AXS) It’s widely accepted that Axie Infinity is
