Gaming
The GAM3 Awards final nominees have been revealed with $2M prize pool
The top five networks for nominated games are Polygon, Ethereum, Immutable X, Arbitrum, and Avalanche.
Liam 'Akiba' Wright 2 min read
AVAX
Avalanche news today
Coverage of Avalanche’s subnets, DeFi ecosystem, and rapid blockchain performance innovations.
Avalanche Price $7.09
Coverage footprint 0.4%
News sentiment 50 /100
Top Avalanche Stories
Research
Transactions on Avalanche surge by 3,040% in November
Further, Avalanche's expanding user base shows 30x increase in transactions per second.
ETF
Spot ETF optimism fuels record eight-week streak of crypto ETP net inflows
Bitcoin's inflows since September represent about 3.4% of its total asset under management
Latest Avalanche News & Analysis
Bankruptcy
Genesis seeks court approval to slash 3AC claim from $1B to $33M
The settlement agreement will see Genesis pay $33 million to Three Arrows Capital.
Enterprise
Ava Labs lays off 12% of staff to reallocate resources
Ava Labs' founder Emin Gün Sirer said the decision would allow the firm to "double down" on growing the firm and its Avalanche blockchain ecosystem.
Hacks
Stars Arena secures funding to plug $3M shortfall following exploit, will reopen after security audit
The platform has also engaged a white hat team to conduct a security assessment to ensure there are no vulnerabilities in the code.
Crime
Avalanche project Stars Arena suffers $2.9M exploit, leaving smart contract with just $0.051
Stars Arena has advised users to refrain from depositing funds on the platform, which is still under DDOS attack.
Analysis
Avalanche AVAX price drops to 2-year low despite high profile partnerships
The blockchain network has attracted partnerships with Alibaba Cloud and Amazon Web Services.
Investments
Movement Labs raises $3.4M to further develop smart contract language Move
The investment fund had participants from Ava Labs and angel investor Calvin Liu.
