April 11th, 2025
Avax News - Page 8
Avalanche President Says Institutional Interest in DeFi Still Remains Intract
By Bhushan Akolkar
July 18th, 2022
Ava Labs’ president said that institutions continue to explore the blockchain and crypto space by undertaking interesting new projects.
Binance.US Launches Crypto Staking Product for Users
By Babafemi Adebajo
June 8th, 2022
To start with, Binance.US customers will be able to stake seven proof-of-stake tokens, including Binance Coin (BNB), Solana (SOL), and Avalanche (AVAX).
AVAX Jumps 14% after Valkyrie Launches Avalanche Trust for Investors
By Bhushan Akolkar
May 5th, 2022
The Valkyrie Avalanche Trust (AVAX) will provide an insurable, cost-effective way for investors to participate in the Avalanche ecosystem.
Terraform Labs ‘Gift’ 10M LUNA Tokens to Luna Foundation Guard as Reserve
By Godfrey Benjamin
April 15th, 2022
LFG has about 42,406 Bitcoin tokens in its reserve, the bulk of assets also includes USDT, USDC, and now LUNA.
Ava Labs Raising $350 Million in New Funding Round
By Babafemi Adebajo
April 14th, 2022
With the growth of Avalanche’s ecosystem, there has come the growth of its native token AVAX.
Terra on Bitcoin Buying Spree: Scoops Additional $176M Worth BTC
By Bhushan Akolkar
April 11th, 2022
Terra has accumulated a total of 39,897.98 Bitcoin worth $1.7 billion over the last month as part of its strategy to build a $10 billion BTC reserve for its UST stablecoin.
Luna Foundation Guard to Buy $100 Million in AVAX for Stablecoin Reserves
By John K. Kumi
April 8th, 2022
This initiative means that users will be able to directly trade UST against the Avalanche tokens on the Avalanche blockchain.
Crypto Investment Firm ETC Group Adds ETPs for Avalanche, Cosmos and Polygon
By Bhushan Akolkar
March 28th, 2022
ETC Group founder said that there’s a high demand from investors for crypto ETPs for emerging altcoins which have good trading volumes.
Grayscale Investments Launches Smart Contract Platform Fund
By Sanaa Sharma
March 23rd, 2022
Grayscale CEO stated that the crypto market will expand as more investors continue looking for innovative areas to invest in.
NFT Sales Volume Tops $17 Billion in 2021
By Godfrey Benjamin
March 10th, 2022
According to the report from Nonfungible.com, more than 2.5 million people own wallets with an NFT inside in 2021.
Avalanche Launches $290M Incentive Program Multiverse to Accelerate Subnets Adoption
By Steve Muchoki
March 9th, 2022
Avalanche ($AVAX) token is up approximately 8.7 percent today and traded around $78.20 at the time of writing.
Grayscale Adds LUNA, AVAX and MATIC to Consideration List
By Kofi Ansah
January 25th, 2022
Grayscale currently has 24 assets in its Grayscale’s Product Family while listing 43 digital coins and tokens under its consideration list.
Bitcoin Price Retraces to $49,000 after Fed Commentary
By Bhushan Akolkar
December 16th, 2021
Bitcoin and the broader crypto market bounce back with the Fed keeping the interest rates unchanged. Bitcoin is currently eyeing a move above $50,000.
Avalanche Foundation Announces $200M Fund to Boost DeFi Growth
By Bhushan Akolkar
November 2nd, 2021
The Avalanche Foundation has raised more than $200 million by floating a new fund Blizzard that seeks to cater to Defi growth on the platform.
ORBS Launches on Avalanche-based DEX Trader Joe
By Julia Sakovich
October 19th, 2021
Before going live on Trader Joe, Orbs recently announced that its ORBS token is available on Avalanche.