Strive to acquire Semler Scientific to bolster its bitcoin strategy
Strive Asset Management has signed an agreement to acquire Semler Scientific. The company aims to build one of the largest bitcoin treasuries.Avalanche is a blockchain platform that enables the deployment of public and private networks within a single ecosystem. Its native cryptocurrency is AVAX.
Strive to acquire Semler Scientific to bolster its bitcoin strategy
Strive Asset Management has signed an agreement to acquire Semler Scientific. The company aims to build one of the largest bitcoin treasuries.
Avalanche Activity Surges Following On-Chain US GDP Publication
Avalanche led in weekly transaction growth. Activity surged amid news of the US government's use of blockchain for publishing economic data.
Grove to Launch $250 Million RWA Products on Avalanche
The lending protocol Grove, part of the Sky ecosystem (formerly MakerDAO), is set to launch an infrastructure on the Avalanche blockchain for tokenized assets worth up to $250 million. Grove expands to @avax.With a $250M target deployment into tokenized institutional credit strategies, @JHIAdvisors’ JAAA and JTRSY, Grove is laying the foundation for scalable, institutional credit […]
Japan’s Second Largest Bank SMBC to Launch Stablecoin
Sumitomo Mitsui Financial Group, which manages Japan’s second largest bank, SMBC, plans to launch a stablecoin in collaboration with Ava Labs and Fireblocks, according to Nikkei. The financial institution will test the project in the second half of 2025, with the token release scheduled for 2026. Ava Labs will create the blockchain infrastructure, while Fireblocks […]
Grayscale Seeks Approval for Spot AVAX-ETF Launch
The Nasdaq exchange has submitted form 19b-4 to the U.S. Securities and Exchange Commission for the listing of a spot exchange-traded fund (ETF) based on Avalanche by Grayscale. If approved, the firm will convert the Grayscale Avalanche Trust product launched in August 2024. According to the statement, the trust’s assets consist solely of the native […]Avalanche’s Major Update Slashes Fees by 25 Times
The Avalanche team has released a significant update, Avalanche9000, which reduces the cost of deploying Subnets by 99.9% and cuts transaction fees on the C-Chain—its network for Ethereum-compatible smart contracts—by 25 times. Imagine what’s coming. With Avalanche9000 hitting mainnet, building in web3 just got a lot easier and a lot cheaper. Especially if you want […]Avalanche Secures $250 Million Ahead of Network Upgrade
The Avalanche team has announced the successful raising of $250 million through a private token sale in anticipation of the Avalanche9000 upgrade. Avalanche announces a $250 million private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital, highlighting the growing confidence in Avalanche’s blockchain ecosystem ahead of the Avalanche9000 upgrade ?https://t.co/tWmn5u9LbG — Avalanche9000 ? […]
BlackRock Expands BUIDL Integration to Multiple Blockchains
BlackRock has integrated its tokenized money market fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), with Aptos, Arbitrum, Avalanche, Optimism, and Polygon, as reported by The Block. Initially launched with Securitize, the structure was originally available on Ethereum. The initiative aims to enhance the potential of the BUIDL ecosystem. “Each blockchain opens its applications […]Avalanche Unveils Visa Payment Card
The Avalanche Foundation, the entity behind the Avalanche cryptocurrency platform, has collaborated with Rain Liquidity to develop an on-chain Visa payment card. Introducing the Avalanche Card! ? Spend your WAVAX, USDC, sAVAX, and more wherever Visa is accepted. Enjoy both physical and virtual cards, 24/7 dedicated support, and seamless transactions through popular apps. The future […]Avalanche Foundation to Repurchase AVAX Tokens Sold to Terra
The Avalanche Foundation plans to repurchase 1.97 million AVAX tokens, which the Luna Foundation Guard (LFG) acquired in April 2022, a month before the collapse of the Terra ecosystem. The Avalanche Foundation has negotiated an agreement to repurchase all AVAX tokens previously sold to the Luna Foundation Guard (LFG) in April 2022, which is now […]
Pressman Film to Raise Funds via Avalanche Platform
Pressman Film, renowned for producing “Wall Street” and “American Psycho,” is set to launch a tokenized fund to finance new projects through the Republic platform on the Avalanche network. Lights, camera, ACTION ? Avalanche is transforming independent film financing!@PRESSMANFILM, the production company behind “Wall Street,” “American Psycho,” and “The Crow,” teamed up with @joinrepublic to […]
Discord Channels of Avalanche and ZKsync Compromised to Promote Scams
The Discord servers of the Avalanche blockchain and the ZKsync layer-two network have fallen victim to malicious attacks. SECURITY ALERT: The official Avalanche Discord has been compromised. Please do not interact with any accounts or click any links until further notice. — Avalanche ? (@avax) August 25, 2024 On August 25, the Avalanche team reported […]We use cookies to improve the quality of our service.
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