Token unlocks for cryptocurrencies such as AVAX are not new but that does not negate the kind of impact that these unlocks can have on the price. Depending on the size of the unlock, it could trigger a market crash as millions of new coins roll into circulation and are dumped on retail. This could…
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Taking to X on November 22, one user, @kevinsekniqi, notes that the Avalanche C-Chain is burning roughly $12.65 of AVAX every second, a development that could be a massive boost for AVAX in the long term. The surge in AVAX burning on the C-Chain is primarily due to the launch of inscriptions, which permit storing data…
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The altcoins market has been on a tear over the past few weeks, thanks to the resurgence of the premier cryptocurrency, Bitcoin, and the shifting climate of the general crypto market. Although the recent momentum of the altcoin market seems to be waning, there is still broad optimism amongst many investors and analysts. Mags, a…
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The blockchain-based investment note is issued on Avalanche and will automatically distribute profits to holders’ wallets. Neo-investment and technology firm Republic plans to issue a blockchain-based security token that will pay dividends to retail investors from profits across its broad portfolio of investment holdings. The Republic Note is a profit-sharing digital asset that will be…
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AVAX price rallied over 50% and climbed above $22.50. The price might correct lower but there could be more upsides above $25. AVAX price is showing a few positive signs above the $20 level against the US dollar. The price is trading above $22 and the 100 simple moving average (4 hours). There is a…
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Annual subscription fees for Etherscan’s EaaS service has reportedly grown to $2 million per year. SnowTrace, a popular blockchain explorer tool for Avalanche, will shut down its website — powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit — on Nov. 30. The SnowTrace team clarified that only its Etherscan-powered explorer will be shut down. According to the…
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Source: AdobeStock / Bits and Splits Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Web3 news Domain and digital identity platform Unstoppable Domains announced that it entered the .com Namespace. Unstoppable users can now purchase “.com” addresses, the most popular type of…
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Circle announced the launch of a new platform that uses pre-vetted templates to make building Web3 apps easier for traditional developers. Stablecoin issuer Circle has launched a new tool that it says will allow developers to “remove the complexity” of building Web3 apps, according to an announcement and accompanying social media post on October 19.…
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Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build applications on Avalanche (AVA). As a part of its expansion plans, the firm has hired Devika Mittal of OKX and Kamakshi Arjun of Polygon to head its…
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Avalanche-based Stars Arena has relaunched its application following a hack and 10% bounty offer that led to the bad actor returning 90% of stolen assets. The platform announced on X (formerly Twitter) on Oct 15 that it relaunched services except trading but a new announcement will be made soon concerning trading functionality…. Read More: Web3…
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