Tagged: avax

Digital Assets, DeFi: ShapeShift to Support Transactions via Avalanche Network

App.shapeshift.com is reportedly becoming a one-stop shop for “all things DeFi.” From being able to connect to our app with 200+ wallets (including Metamask, WalletConnect, and xDefi), to having the ability to buy and sell with the industry’s leading on and off ramps一now, it is… Read More

Rome Blockchain Labs Joins Alluvial to Offer Avalanche (AVAX) Liquid Staking

Rome Blockchain Labs, the organization behind BENQI’s Liquid Staking protocol on Avalanche, recently announced a collaboration with Alluvial and the founders of BENQI “to build a compliant, enterprise-grade Avalanche (AVAX) liquid staking product.” This collaboration “offers institutions a secure AVAX staking option while participating in… Read More

Bitcoin (BTC), Other Digital Assets Slumped as US Inflation Reaches 40-Yr Highs: Report

Prices of digital assets crashed in early May 2020, when Bitcoin (BTC) fell almost 32% from $39,500 to $27,000 within only a week. The team at Kraken asks, “Could this be the beginning of a long crypto winter?” Or do the on-chain metrics “tell a… Read More

Digital Assets: LFG to Acquire $100M in AVAX Tokens to “Strategically” Align Terra, Avalanche Ecosystems

The Luna Foundation Guard (LFG), a recently formed non-profit to support decentralization, economic sovereignty, and foster the growth of the Terra ecosystem, “will add AVAX to its new UST Decentralized Forex Reserve.” By diversifying the base of non-correlated assets “to major assets like BTC and… Read More

BridgeTower Capital, Securitize Partner to Launch Digital Asset Platform

BridgeTower Capital is partnering with Securitize, a provider of digital assets securities, to launch the BridgeTower Global Platform offering for Permissioned Markets. BridgeTower is also launching a staked digital asset security (SDAS) that will run in an Avalanche subnet. Investors need to create a Securitize iD,… Read More

Ava Labs Is Building Road to Crypto “Hypergrowth” with Avalanche (AVAX)

Dr. Emin Gün Sirer has a “major beef” with the crypto economy: “It’s not growing fast enough.” As mentioned in an update shared by Mastercard, Dr. Sirer is an early crypto innovator who co-founded the blockchain startup Ava Labs with the goal of digitizing the… Read More

Cardano, Solana, Polkadot, Avalanche, Cosmos, Filecoin Now Supported by BlockFi for Non US Clients

The team at digital asset firm BlockFi has added six new crypto-assets for their non-US clients via BlockFi International. They include Cardano (ADA), Solana (SOL), Polkadot (DOT), Avalanche (AVAX), Cosmos (ATOM), and Filecoin (FIL). The new assets will be available to buy, sell, and trade… Read More

Avalanche (AVAX) Ecosystem Continues to Grow with BENQI Liquid Staking Set to Serve Key Role in Subnet Economy

Dr. Emin Gün Sirer, Founder and CEO at Ava Labs, ex-professor at Cornell, confirmed that BENQI liquid staking is live. Liquid staking is live. https://t.co/7ltUAvEXHn — Emin Gün Sirer🔺 (@el33th4xor) February 16, 2022 The team at BENQI noted that they are pleased to confirm the release… Read More

GMX Now Live on Avalanche, Bringing Low Slippage Spot, Perpetual Trading to DeFi

GMX, a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades, is currently live on Avalanche. Via this integration, users are able to trade AVAX, BTC, and ETH “with up to 30x leverage, with lower risk verifiable liquidation directly… Read More

Celsius Network Is Now Supporting Avalanche (AVAX) Token Purchases

The team at digital assets platform Celsius Network notes that since their goal is to bring the next 100 million consumers to crypto, they are constantly looking to offer (what they consider to be) the “best” experiences and “opportunities” for their community. This reportedly includes looking… Read More

Digital Asset Firm Kraken Announces Support for Avalanche (AVAX) Trading

Digital assets firm Kraken notes that they’re pleased to confirm that their cryptocurrency trading platform now supports the Avalanche (AVAX) C-Chain. Funding and Trading Funding is currently live, and trading is scheduled to start on Tuesday, December 21, 2021 — at which point Kraken will… Read More

BitGo to Support Avalanche Tokens, Further Expanding Access to Fast-Evolving DeFi Ecosystem

BitGo, the provider of digital asset financial services, now supports the Avalanche (AVAX) native token and assets launched natively on Avalanche’s C-Chain “across its custody and hot wallet products.” As mentioned in the update, this gives BitGo’s clients the “most secure and reliable way to… Read More

Polychain and Three Arrows Capital Lead $230M Investment in the Avalanche Blockchain Ecosystem

Polychain and Three Arrows Capital have led a $230 million investment in the Avalanche public blockchain ecosystem. They’ve been joined by R/Crypto Fund, Dragonfly, CMS Holdings, Collab+Currency, Lvna Capital and several angel investors and family offices. The Avalanche Foundation will be using the funds from… Read More

Avalanche Lending Protocol BENQI Reaches $1B Total Value Locked a Few Days After its Launch

Avalanche lending protocol BENQI has reached $1 billion in total value locked (TVL) only a few days after its launch. BENQI, an algorithmic liquidity market protocol, has managed to attract more than $1 billion in total assets to its “decentralized” platform since its launch on… Read More

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