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Smart contract layer-1 blockchain network Avalanche's testnet has reportedly hit over 140,000 transactions per second during testing of its HyperSDK blockchain upgrade.Avalanche is currently testing a framework for building high-performance Virtual Machines (VMs) from scratch on the network. According to Ava Labs, HyperSDK is structured so that developers can “plug
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“Participating in the Avalanche Spruce testnet presents a valuable opportunity to deepen our understanding and analysis of smart contract technology and the potential applications of public, permissioned blockchains in financial markets,” said Blue Macellari, head of digital assets strategy at T. Rowe Price Associates. Source
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The change improves support for exchanges and may bring faster development, Avalanche says. Source
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“Institutions can pursue their blockchain strategies in private, permissioned chains with known and approved counterparties, while retaining the ability to communicate with other subnets through Avalanche’s native communication protocol Avalanche Warp Messaging (AWM),” according to the statement. The AWM allows users to data transfer, communicate and asset swap without relying
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Through BridgeTower’s regulated marketplace, institutional investors can complete their know-your-customer process, have a delegated, whitelisted wallet, stake their ether (ETH) straight into Lido’s system. BridgeTower’s integration with Lido’s ecosystem is fully automated and allows investors to take advantage of Lido’s staking infrastructure in ways that are consistent with regulatory standards. Source
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Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS) cloud. However, empirical and on-chain analysis suggests that Avalanche’s price surge is likely due to a broader cryptocurrency market pump which will likely end with the rest of
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After an impressive 73% rally between July 13 and Aug. 13, Avalanche (AVAX) has faced a 16% rejection from the $30.30 resistance level. Some analysts will try to pin the correction as a "technical adjustment," but the network’s deposits and decentralized applications reflect worsening conditions.Avalanche (AVAX) index, USD. Source: TradingViewTo
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Demand for bitcoin was supported by the strengthening of stock indices and the weakening of the dollar, analysts said. Original Source
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Major cryptocurrencies faced resistance at significant price levels after jumping as much as 13.5% on Tuesday following the Super Bowl weekend. Source
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Smart-contract platform Avalanche’s ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming and other assets, Bank of America said in a research report.Avalanche’s subnet feature is increasing adoption, the bank said, with more than 380 projects built on the
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