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Multimillion-dollar investment rounds spark rallies in Avalanche and Audius

Altcoins continue to book notable gains on Sept. 16 as a slew of celebrity endorsements, major investments and the growing popularity of cross-chain bridges catch investors' attention.Top 7 coins with the highest 24-hour price change. Source: Cryptox Markets ProData from Cryptox Markets Pro and TradingView shows that the biggest gainers

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Avalanche Foundation raises $230M to support DeFi ecosystem

The Avalanche Foundation has announced a significant $230M investment from a venture capital group spearheaded by Polychain and Three Arrows Capital for the purpose of supporting the growth of the DeFi ecosystem and their ever-expanding list of applications that utilize the blockchain.Since launching in September 2020, Avalanche has cultivated a burgeoning

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Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million – Defi Bitcoin News

Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability in

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Zabu token price flatlines after $3.2M attack on Avalanche blockchain

Zabu Finance, a DeFi application on the Avalanche blockchain, has reportedly been exploited for crypto tokens worth $3.2 million. The removal of a large number of tokens eventually reduced the value of Zabu tokens to zero.Zabu Finance announced the exploit by asking for help from Avalanche and popular Avalanche-hosted decentralized

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Topps Unveils New MLB Inception NFTs — Firm’s NFT Series Now Minted on the Avalanche Blockchain – Blockchain Bitcoin News

The American firm that manufactures chewing gum, candy, and collectibles, The Topps Company Inc., has announced the launch of the 2021 Topps MLB Inception NFT collection. Furthermore, Topps is now leveraging the Avalanche blockchain for NFTs after the company was using the Wax blockchain for projects like the Garbage Pail

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Avalanche (AVAX) Onboards Sushi (SUSHI) to Launch Joint DeFi Incentive Program

The Avalanche (AVAX) Rush is showing no signs of slowing down as it partners with SushiSwap for a soon-to-be-launched joint incentive program. SushiSwap Arrives on Avalanche Network Community-driven decentralized finance (DeFi) protocol SushiSwap is joining in the Avalanche bandwagon, the smart contract platform announced today. The Avalanche Foundation today declared it would launch

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3 reasons why Avalanche (AVAX) price is up 200% this month

Layer-one blockchain networks like Bitcoin (BTC) and Ethereum (ETH) form the foundation of the cryptocurrency ecosystem and enable smart contract functionality that has allowed the creation of new industries like decentralized finance (DeFi) and nonfungible tokens (NFT).Avalanche (AVAX) is a relatively new layer-one solution that has recently seen a significant

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Avalanche (AVAX) in ‘overbought’ zone after 100% gains in a week — Correction ahead?

The Avalanche blockchain platform's native asset, AVAX, fell on Aug. 19 as traders decided to secure their profits from its 100% upside move.The AVAX/USD exchange rate plunged more than 16% after hitting a three-month high of $36.64, putting the brakes on a seven-day upside boom that saw its price rise by

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