Avalanche announced the recent closure of a $ 250 million token sale that will support the upcoming launch of Avalanche9000. This major upgrade aims to turn Avalanche into a swarm of interconnected L1s. Avalanche Raises $ 250 Million Before Major Avalanche9000 Upgrade Avalanche, a top 15 blockchain project, has recently closed a $ …
Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain […]
Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s […]
Following the hack of the Polygon Discord server, Avalanche’s official X account (@avax) alerted the public that their Discord channel had also been breached. “SECURITY ALERT,” Avalanche announced. “The official Avalanche Discord has been compromised. Please do not interact with any accounts or click any links until further notice.” Just like the Polygon Discord breach […]
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $ 1.6 trillion in assets under management, …