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Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX

Avalanche Foundation Announces $4m Incentive Program for Trading Platform GMX

Avalanche Foundation has announced it will grant a $4 million incentive in AVAX tokens for the growth of the decentralized trading platform GMX.

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

Circle to Introduce Euro Coin and Cross-Chain Transfer Protocol to Solana in Early 2023

USD coin issuer and digital financial technology firm, Circle, is now set to expand its Euro Coin and its cross-chain transfer protocol to the Solana ecosystem in the first half of 2023.

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked

The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.

Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions

Avalanche (AVAX) Foundation's Innovative Criteria for Meme Coin Acquisitions

The Avalanche Foundation has established an eligibility framework for purchasing meme coins, focusing on stability, security, and community engagement. This move aims to support projects that add value to the Avalanche ecosystem.

Digital Assets Soar to $67 Billion, Avalanche (AVAL),  Polygon (MATIC) and Chainlink (LINK) Gain Momentum

Digital Assets Soar to $67 Billion, Avalanche (AVAL), Polygon (MATIC) and Chainlink (LINK) Gain Momentum

Digital asset investment products saw record-breaking inflows of $2.45 billion, raising total assets under management to $67 billion, with Bitcoin dominating, benefiting major players like Avalanche, Polygon and Chainlink.

Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund

Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund

One of Asia’s biggest Venture Capital firms, Chiron Partners, has launched a $50m ecosystem fund christened the Chiron Terra Fund I aimed at supporting innovative projects that are emerging from the Terra blockchain ecosystem.

Avalanche Launches Avaissance to Boost NFT Ecosystem

Avalanche Launches Avaissance to Boost NFT Ecosystem

The Avalanche Foundation has announced the launch of Avaissance, an initiative aimed at supporting digital artists and growing the Avalanche NFT ecosystem. The program includes an Artist in Resident program for over 50 artists and the Mona Lisa Initiative to curate digital art and expand the collections of art-focused DAOs. In other news, Ticketmaster has announced a new feature, token-gated ticket sales, allowing artists to reward NFT holders with exclusive benefits. Popular NFT artist Patrick Amadon withdrew his work from a major auction house to protest a lack of female representation. Sony Interactive Entertainment filed a patent for a framework allowing users to transfer and utilize NFTs across multiple game platforms.

Chainlink Introduces SCALE Program to Drive Ecosystem Growth

Chainlink Introduces SCALE Program to Drive Ecosystem Growth

Chainlink has introduced the Chainlink SCALE program to accelerate access to oracle products and services for both Layer-1 and Layer-2 protocols.

Payments Firm Wirex Integrates Avalanche Blockchain into Ecosystem for 4.5M Users

Payments Firm Wirex Integrates Avalanche Blockchain into Ecosystem for 4.5M Users

Regulated digital payments platform, Wirex, has integrated the Avalanche Blockchain into its network as it continues on its planned growth trajectory.

DeFi Growth Outlook for 2021: From $18.71B to $258.58B

DeFi Growth Outlook for 2021: From $18.71B to $258.58B

According to data from DeFiLlama, the DeFi ecosystem, encompassing the top blockchain networks saw a massive growth surge from $18.71 billion in Total Value Locked (TVL) as of Jan 1, 2021, to $258.58 billion it is pegged at as of today.

Avalanche (AVAX) Ignites Web3 Commerce with Alipay+ D-Store Voucher Initiative

Avalanche (AVAX) Ignites Web3 Commerce with Alipay+ D-Store Voucher Initiative

Avalanche partners with Alipay+ to launch a Web3-enabled voucher program, offering discounts on milk teas across Southeast Asia, leveraging Avalanche Subnets.

Valkyrie Investments Floats New AVAX Dedicated Trust

Valkyrie Investments Floats New AVAX Dedicated Trust

Valkyrie Digital Assets has launched a new Trust dedicated to granting investors exposure to Avalanche blockchain and underlying cryptocurrency respectively.

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