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Altcoin Explorer: Avalanche (AVAX), Smart Contracts Done Right

After a successful September 21, 2020 launch, Avalanche has been snatching attention from both the DeFi community and onlookers. AVAX token price took off right then and has only started to cool down a little after the initial launch popularity. In February, it hit its all-time high at around $59.40 and is settled at around Read More

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Avalanche Incorporates The Graph to Advance Its Querying and Indexing

The indexing and query layer of the decentralized web, The Graph,  is now integrated with Avalanche to expand querying and indexing on the platform. Developers building on Avalanche can easily query custom on-chain data requests without running a full node via subgraphs, which are indexes of specifically defined blockchain data. Building Towards the Future  More Read More

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BENQI Closes $6M Round to Create Algorithmic Liquidity Market on Avalanche

PRESS RELEASE. BENQI, a liquidity market operating on the Avalanche network, has completed a private funding round. A total of $6 million was raised in a round led by Ascensive Assets. A number of leading investors on blockchain and the emerging Avalanche ecosystem also participated. These include Mechanism Capital, Dragonfly Capital, Arrington XRP Capital and The Spartan Group. Other backers were Morningstar Ventures, Vendetta Capital, TRGC, Genesis Block, Woodstock and Rarestone alongside Ava Labs and leading liquidity provider Skynet Trading. Built on Avalanche’s highly scalable network, BENQI combines elements of defi and tradfi to create a liquidity protocol in which…

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What is blocking the decentralized internet?

Interoperability is one of the hottest phrases in the blockchain lexicon, but there are fears that many of the solutions out there merely serve as a sticking plaster. Over the past decade, the proliferation of blockchain technology has resulted in hundreds of networks that are unable to talk to each other. With data siloed and developers’ options now extremely limited, the sector has been described as being at a “historical crossroads” — and unless this industry evolves and expands, it’s feared that blockchain will struggle to achieve the same reach and interconnectivity that the internet enjoys. Interoperability has been one…

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Smart contract platform Avalanche integrates The Graph to expand querying and indexing

CryptoNinjas » Smart contract platform Avalanche integrates The Graph to expand querying and indexing The Graph, an indexing and query layer for the decentralized web, is now integrated with Avalanche, a scalable decentralized smart contract platform with near-instant transaction finality. With The Graph integration on the hosted service, developers building on Avalanche can easily query custom on-chain data requests, without having to run a full node, via subgraphs, which are indexes of specifically defined blockchain data. As of February 2021, over 9,000 subgraphs have been deployed with many more coming online as The Graph continues to expand its support across…

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AllianceBlock brings its DeFi apps to Avalanche ecosystem

CryptoNinjas » AllianceBlock brings its DeFi apps to Avalanche ecosystem AllianceBlock, a compliant decentralized capital market, announced today the integration of its DeFi product suite into Avalanche, an open-source platform for launching highly decentralized applications, new financial primitives, and new interoperable blockchains. Upon completion of the integration, users will be able to access AllianceBlock’s DeFi Investment Terminal, compliant P2P financial services, NFT capabilities, trustless KYC and identity verification solutions, and derivative pricing engine and analytics on Avalanche. AllianceBlock will also strategically collaborate with Ava Labs, the team supporting Avalanche development, to expand the impact AllianceBlock and Avalanche can have in…

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Avalanche’s Bridge To BTC And ETH Could Take Over DeFi

Avalanche’s bridge to BTC and ETH could soon take over DeFi especially as it is a blockchain ecosystem to launch Dapps and DEfi supported by a 3rd generation consensus protocol so let’s read more in our latest crypto news today. Avalanche recorded one of its best weeks since the launch and the fundamentals of its token AVEX remained strong with more gains in the crypto space preparing it for another rally. Ava Labs CEO Emin Gun Sirer confirmed that the platform recorded about 1 million transactions on its smart contract blockchain and this increase in transaction volume happened in the…

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How Avalanche’s bridge to ETH and BTC could take over DeFi

Conceived as a blockchain ecosystem to launch DeFi and DApss and supported by a 3rd generation consensus protocol, Avalanche has recorded one of its best weeks since its launch. The fundamentals of its native token AVEX remain strong and as it gains more attention in the crypto space, it looks poised for another rally. Ava Labs CEO Emin Gün Sirer confirmed that the platform recorded close to 1 million transactions on its smart contract blockchain. The surge in transaction volume, as reported by Sirer, occurred in the last two months adding that “Avalanche is becoming the most advanced public-goods layer-1.”…

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Here’s Why Ethereum Rival Avalanche May Be a Bull in Making

Avalanche started trading on Binance with a bang. The latest Ethereum rival saw its native token, AVAX, rising by more than 1300 percent in its first hour of trading on September 22. A jump from $0.85 to $12.54 was enough for attracting profit-takers. Thereby, a strong sell-off ensured, and the price crashed. But despite the bearish correction, AVAX/USD up by 450 percent from its exchange rate open. The pair is consolidating sideways, showing a minimal inclination to extend its move lower. On the other hand, it appears that the token is waiting for more buyers so it could sustain its…

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Avalanche blockchain platform from Ava Labs launches on Sep 21

Avalanche is launching its fully-featured mainnet, a highly-scalable, open-source platform for decentralized finance (DeFi) applications and enterprise blockchain deployments in one, interoperable ecosystem, next Monday, September 21. Avalanche is the first smart contracts platform that confirms transactions in under one second, supports the entirety of the Ethereum virtual machine (VM) and development toolkit, and enables up to millions of independent validators to participate as full, block-producing nodes (Avalanche featured over 1,000 nodes operated by community members on its Denali testnet). The Avalanche (AVAX) token is the native token of the Avalanche platform and is primarily used to secure the network through…

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Újabb Ethereum gyilkos jelent meg: az Avalanche 42 millió dollárt húzott be

Az Avalanche blokklánc-hálózat, ami állítása szerint százszor gyorsabb, mint az Ethereum, most bejelentette, hogy 42,5 millió dollárt gyűjtött össze egy nyilvános token-eladás után. Az eladás július 15-én 10 órakor kezdődött. Csak négy és fél óra kellett ahhoz, hogy a legújabb „Ethereum gyilkos” blokklánc értékesítse az eladásra szánt 72 millió AVAX tokenjét. Ez a hálózat finanszírozásának teljes összegét 60 millió dollárra növeli. (Az amerikai lakosok még nem is nem vásárolhattak, hogy ne haragítsák magukra a SEC-et.) ETH killer 2018: Raised $4b (disputed)ETH killer 2019: Raised $126m (ongoing?)ETH killer 2020: Raised $54m…? — imaginary_username (@im_uname) July 22, 2020 Az AVAX tokenek a…

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AVA Labs’ Avalanche blockchain raises $42M in public token sale

The team of Ava Labs announced today the completion of the Avalanche token sale, which raised $42M through the sale of its native token, AVAX. The Avalanche Token (AVAX) is a utility token for securing the network through staking, platform fees, and providing a basic unit of account between subnets–a set of nodes that validate blockchains on Avalanche. Proceeds from the sale will be used solely for the sustained growth and development of the Avalanche network (for more detailed information on token economics, please review the Avalanche Public Sale Info page). “It’s clear that the market was craving a project…

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AVA Labs’ Avalanche blockchain raises $42M in public token sale

The team of Ava Labs announced today the completion of the Avalanche token sale, which raised $42M through the sale of its native token, AVAX. The Avalanche Token (AVAX) is a utility token for securing the network through staking, platform fees, and providing a basic unit of account between subnets–a set of nodes that validate blockchains on Avalanche. Proceeds from the sale will be used solely for the sustained growth and development of the Avalanche network (for more detailed information on token economics, please review the Avalanche Public Sale Info page). “It’s clear that the market was craving a project…

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