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Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to move to Avalanche’s decentralized finance (DeFi) platform, according to the release.It's set to follow a multi-stage deployment starting with the Aave and Curve protocols,
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Avalanche (AVAX) is replacing its months-old Avalanche-Ethereum Bridge, or AEB, with the aptly named Avalanche Bridge, or AB, according to a Medium post from the company. This newer bridge is allegedly fives times cheaper than the previous one and will act as a “growth engine” for the project’s future.The post
Read MoreMichael Saylor’s advocacy for BTC has received much recognition today and his commitment to Bitcoin entails a long-term HODLing strategy.Michael Saylor, the Chief Executive Officer (CEO) of business intelligence and software firm MicroStrategy Incorporated (NASDAQ: MSTR) has shared a number of bullish comments about Bitcoin (BTC), the world’s first and
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An Ava Labs engineer gave a rundown of the small code bug that severely crippled the Avalanche blockchain last week. In a Sunday Medium post, blockchain engineer Patrick O’Grady wrote that increased congestion on the network triggered a “non-deterministic bug” related to how the high-throughput, proof-of-stake blockchain keeps track of transactions. Funds
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The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit.The release of Avalanche’s newest decentralized
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Bitcoin (BTC) price continues to defy gravity and its strong bullish breakouts frequently result in short sellers needing to cover their positions in a hurry. A repeat of this happened on Feb. 9 when Bitcoin soared on the news of Tesla’s $1.5 billion Bitcoin purchase. Bybt data shows that about
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Decentralized Exchanges have had an interesting and brief history. EtherDelta, Uniswap, 1inch, SushiSwap and now Zero Exchange. And this DeFi wave keeps growing, EtherDelta at its peak had 241 different tokens being traded, Uniswap has a $5B market cap, and after 4 weeks since announcing, Zero Exchange has already attracted
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Avalanche started trading on Binance with a bang. The latest Ethereum rival saw its native token, AVAX, rising by
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Emin Gün Sirer, founder and CEO of the blockchain protocol, Avalanche, took to Twitter to explain why he considers that many blockchain projects keep applying dubious strategies in the industry.Sirer considers that some projects are based on “lots of hype, lots of technical-sounding claims,” partnership with companies “too embarrassed to
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