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Sestagalli is behind formerly top Avalanche projects like Wonderland, a treasury-backed currency protocol, and Abracadabra, a platform that provides collateral based on yield-bearing assets deposited by users. SPELL, TIME and MIM – three tokens associated with the two projects – had a combined market capitalization of over $6 billion at
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Decentralized exchanges usually let users swap one asset for another, but a new tool claims to let users swap 300 tokens at the same time. Source
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Neowiz has a 25-year track record of fun releases, like Cats & Soup, and is behind the highly anticipated Lies of P, a souls-like game inspired by Pinocchio and expected to be a top seller of 2023. The company notched $51 million in revenue last year, Taegeun "Andrew" Bae, co-CEO
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AVAX, the native currency of the Avalanche blockchain, is trading at new 2023 lows at the time of writing on August 26.
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Starting in fall, Avalanche’s Multiverse funds will be released over 12 months via the Dexalot incentive program. The funds are contingent and will be distributed in accordance with the subnet hitting new milestones, said the press release. The company declined to comment on the details of what the milestones are. Original
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USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their
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Daily transactions on Avalanche C-Chain, an implementation of the Ethereum Virtual Machine, grew to just under 500,000 from roughly 200,000, and the number of daily active addresses ranged between about 25,000 and 117,000, settling around 95,000 at the end of the quarter, blockchain analytics firm Nansen said in a research
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Competition among blockchains to grab some of the RWA market, new lending pool from Credix that supports Colombian farmer, the first-ever tokenization under Spain’s new laws, how the U.K’s regulations may lead to the country becoming a tokenization hub, and more for the week ending July 27, 2023. Source
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“European businesses will be a major beneficiary of this innovation, giving businesses a new way to raise capital through primary capital raises, and obtain potential tax benefits and liquidity through secondary trading,” Carlos Domingo, co-founder and CEO of Securitize, said in a statement. Source
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The Avalanche (AVAX) Foundation has launched a $50 million initiative, called Avalanche Vista, to pioneer the future of asset tokenization. According to the announcement, the foundation will allocate the funds to purchase tokenized assets, often referred to as “real world assets” or “off-chain assets,” minted on the Avalanche blockchain. KKR Fund Tokenization
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