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Kalao Introduces the Future of Interactive VR and NFTs to Avalanche


Kalao, a conceptual NFT ecosystem that uses the Avalanche public blockchain to power a low-cost, accessible marketplace, will launch the BETA version for the public in Q4 of 2021. This extension will bring the winning mix of NFT and VR technologies to the real world for cases, allowing Metaverse...

Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million


Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability...

As Crypto Economy Slumps, Total Value Locked in Defi Continues to Rise


Approximately nine days ago, the total value locked (TVL) in decentralized finance (defi) across various blockchains was around $176 billion. At that time, bitcoin ($49,937) and ethereum ($3,886) fiat values were much higher. Despite the fact that the crypto economy and these coins have dipped...

Pangolin Native DEX Joins Avalanche Rush Program With $2M Allocation


Pangolin will accompany the newly launched incentive by the Avalanche Association. The decentralized trading network, Pangolin, will be granted $2M as part of their alliance with the “Avalanche Rush” initiative. These profits bestowed on Pangolin will be in the form of AVAX tokens...

OpenOcean Aggregates Avalanche for Better Liquidity and Optimized Trading


A DeFi and CeFi aggregator, OpenOcean, has now integrated Avalanche with its principal DEXes Baguette, Lydia.Finance, SushiSwap, Trader Joe, and Pangolin. This assimilation buys liquidity from numerous Avalanche DEXes, giving users the best price benefits and low volatility while exchanging...

OpenOcean Integrates Avalanche to Expand Liquidity and Optimize Trading


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Road Town, BVI, 30th August, 2021, Chainwire OpenOcean, the world’s leading DeFi and CeFi full aggregator, is excited to announce that it is now live on Avalanche, a highly scalable and open-source platform...

AVAX Climbed the Mountain Tops: Is There an Avalanche Coming?


Avalanche (AVAX) is an open-source platform that supports decentralized applications development in a highly scalable ecosystem. It is among the very first crypto tokens that worked on smart contracts. Avalanche (AVAX) follows a sub-sampled voting protocol that mandates a voting pattern from...

Avalanche Drops After Rally, Today’s Weakest Performer in Top 100


The Avalanche network’s native token AVAX dropped sharply in a mostly red crypto market today, following a surge earlier this week fuelled by news that a liquidity mining incentive program has brought major integrations to the platform. At 09:59 UTC, AVAX was down by 14.4% over the past 24 hours...

Sushi Joins Avalanche Rush Incentive Program


The Avalanche Foundation recently announced the launch of a novel program for mining liquidityAvalanche Rush. It will incorporate the platform of Sushi. As of today, Sushi is the biggest application of decentralized finance in terms of trading volume and TVL, according to SushiSwap...

The Launch of ForceDAO on Avalanche


According to Avalanche price prediction reports, ForceDAO finally announced the launch of structured products and novel strategies of stablecoin on the network of Avalanche.  ForceDAO operates on decentralized blockchain networks to bring community investors and strategists together...

Avalanche Best Weekly Performer in Top 100 as Incentive Program Kicks In


The smart contract platform Avalanche’s native AVAX token once again surged higher today, following massive price gains last week boosted by the news that it is integrating with the major decentralized finance (DeFi) protocols Aave and Curve Finance (CRV). At press time on Monday (09:36 UTC)...

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