As the cryptocurrency market showcases an upward shift, Bitcoin (BTC) has climbed to $64,000, prompting a rally among leading altcoins, including Avalanche (AVAX). In the past 24 hours, AVAX has gained around 10%, rising from a low of $26.14 to an intraday high of $28.66, a level not seen since
On September 19, PeckShield, a blockchain security firm, reported that the official Decentraland X account had been hacked. Attackers are now circulating a phishing link disguised as a MANA token airdrop. This deceptive link redirects users to a fraudulent website, where they are prompted to connect their wallets to claim
The Twitter account of Luigi D’Onorio DeMeo, Chief Operating Officer of Ava Labs, was allegedly compromised by hackers. The breach became apparent when posts appeared on his official account promoting a newly launched Pokémon-themed memecoin associated with DeMeo. The posts were later removed. The posts, which have since been deleted,
Ava Labs has detailed their scaling solution Vryx in an effort to enable Avalanche blockchain rates of about 100,000 transactions per second. The scaling strategy was described in a research piece that was published today, and Ava Labs is already employing it. In the next few weeks, it intends to
The Avalanche Blockchain Network’s parent business, Ava Labs, let off 12% of its staff on November 6. On Twitter, Ava Labs’ founder and CEO Emin Gun Sirer broke the news that the firm will be laying off 12 percent of its staff. With this decision, the business will be able
Avalanche, a leading blockchain platform, is set to introduce the Avalanche Arcad3. In the rapidly expanding world of blockchain, Web3 gaming has become a major development. Web3 integration in the gaming sector has constantly enhanced the user’s experience in gaming. Avalanche is adding an enhanced Web gaming experience with the
Avalanche, a swiftly burgeoning blockchain protocol, is redefining the terrain of decentralized finance (DeFi), showcasing a captivating blend of security, scalability, and decentralization. This progress epitomized by its burgeoning Total Value Locked (TVL) and the surge in active addresses on its network. Top 10 Projects by TVL on Avalanche #Avalanche
Ava Labs, the main developer behind the project Avalanche, launches its Avalanche Evergreen subnets, a new institutional deployment, customization, and tooling design. It addresses the industry’s and the company’s specific requirements for financial services and improves institutional interconnectivity via the blockchain environment. On April 6, Ava Labs introduced the Evergreen
AVAX, the native Avalanche blockchain token, continues the second-week red candle. The token has fallen down 12.1% in the last two weeks. In the past month, the lowest price was witnessed at $16.97 on the 13th of February. The next closest halt to the limit was on 1st march, at
Amazon Web Services (AWS) partners with Avalanche blockchain backed by Ava Labs to improve and expand blockchain adaptability. Both the above-mentioned firms made the announcement about this partnership on Jan 11th, 2023. This partnership is rooted in mutual benefits to “accelerate enterprise, institutional, and government adoption of blockchain”. We’re joining
