Avalanche

Avalanche

Markets

Stars Arena Recovered 90% of the Funds Lost to Hack After Bounty Paid

The social app on Avalanche was drained for $3 Million last week.

(Azamat E/Unsplash)

Tech

Avalanche Social App Stars Arena Drained of $3M in AVAX After Hack

The newest viral application launched nearly a week ago and quickly gained a cult following.

A pair of spectacles sits on a tabletop in front of a bank of screens. (Kevin Ku/Unsplash)

Videos

Sam Bankman-Fried Trial Kicks off With Opening Arguments; Why is AVAX Climbing?

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the latest legal developments with FTX founder Sam Bankman-Fried's criminal trial. A founder of bankrupt crypto hedge fund Three Arrows Capital is under arrest, according to the New York Times. And, a closer look at why Avalanche's AVAX is rallying.

Recent Videos

Videos

Bitcoin Briefly Breaks Above $28K Amid Lackluster Ether Futures ETF Debut

Bitcoin (BTC)'s price briefly climbed above $28,000 as ether (ETH) is stabilizing from a multi day drop, and Avalanche's AVAX is climbing. Innovating Capital General Partner Anthony Georgiades discusses his crypto markets analysis and the potential impact of a spot bitcoin ETF approval in the U.S.

Recent Videos

Tech

Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon

Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.

James Tromans, global head of Web3, Google Cloud. (CoinDesk TV)

Tech

New Avalanche Dapp Lets Traders Swap Hundreds of Different Tokens in Single Transaction

Multiswap’s code creates a liquidity pool of several different tokens that can be easily traded with each other – making these trades in a single transaction possible.

Trading prices displayed on a monitor screen.

Tech

Publicly Traded Korean Firm Neowiz To Build Games on Avalanche Network

Intella X, Neowiz’s Web3 arm, has joined Avalanche Arcad3 to build blockchain games in the crazed market.

(Oatawa/Getty Images)

Finance

Avalanche Foundation Provides $3M in AVAX Tokens to Dexalot

The grant is part of Avalanche’s Multiverse initiative, an incentive fund that aims to push the growth of new subnets.

Avalanche (Pixabay)

Web3

Grimes Made More Money From NFTs Than From Her Entire Music Career: Wired

The artist also said she hopes that the tokens and crypto can “come back” to help compensate digital artists.

Grimes attends the 2021 Met Gala in New York. (Theo Wargo/Getty Images)

Tech

Avalanche Blockchain Usage Grew in Second Quarter: Nansen

The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health – increase significantly in the period.

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)