The Avalanche Foundation completed the repurchase of 1.97 million AVAX tokens from the now-defunct Luna Foundation Guard (LFG), which had acquired them to support the Terra blockchain ecosystem. In an …
AVALANCHE
UX Will Not Solve Mass Adoption, Partnerships Might
Mass adoption will take place when enough major businesses seamlessly transition normal people into the blockchain world by delivering efficiency and cost savings. When the ink dries on all the …
Tether swaps more than 2 billion USDT to the Ethereum network
Stablecoin firm Tether revealed that a large exchange has requested the cross-chain transfer of more than 2 billion USDT to the Ethereum network.
Why Cryptocurrencies Are On Fire Today
The other tension taking place today is a “risk on” trade taking place in crypto, which is typically correlated with growth stocks or highly volatile investments. But bond yields also rose today, …
On-chain activity hints at BlackRock’s BUIDL fund expansion onto Avalanche
The real-world assets (RWA) tokenization platform Securitize, in partnership with BlackRock, is set to launch its BUIDL tokenized fund on Avalanche. According to on-chain data, the contract for the …
Arbitrum, Optimism, Avalanche, and Others to Unlock $2.6B in Tokens This November
The crypto market is preparing for a significant influx of token unlocks, totaling approximately $2.6 billion in November.