Multi-chain TG bot Shuriken has been launched on Avalanche
On March 24th, Shuriken, a multi-chain TG bot, announced on X platform that it has launched on Avalanche. Its multi-chain trading bot now supports Avalanche, and users can click to buy by pasting the token address, supporting all major ecological DEX such as TraderJoe. Shuriken currently supports five chains in a high-speed TG bot, including Ethereum, Solana, Base, Blast, and Avalanche.
Alipay plans to use Avalanche to launch Web3-based coupon program
Avalanche has announced that Alipay has subscribed to the "Alipay+D-store" solution and its collaborative electronic wallet is using Avalanche to implement a Web3-supported coupon program. It is reported that the relevant coupons are supported by the Avalanche subnet, and the aim is to allow brands such as Alipay to experience solutions supported by Web3 technology. <br>
Avalanche Price Rallies Amid Binance Announcement
The price of Avalanche (AVAX) has risen by almost 12% following an announcement from Binance, the leading crypto exchange. Binance has introduced a USDC-margined AVAX Perpetual Contract with up to 75x leverage on its Futures platform, which has given investors confidence in the crypto. Binance's endorsement of AVAX signals a vote of confidence in the potential of Avalanche, and the surge in AVAX price following this announcement indicates growing investor interest and positive market sentiment. As of writing, the Avalanche price was up 11.73% to $59.74, with its trading volume staying near the flat line at $1.93 billion.
The Sener address of the Avalanche ecological fundraising project transferred more than 93,000 AVAX to multiple addresses a few hours ago
According to on-chain data, there was a significant change in the fundraising address of Sener, a fundraising project within the Avalanche ecosystem. As of the time of writing, the AVAX balance in the address is less than 28 coins. Several hours ago, the address transferred over 93,000 AVAX, equivalent to approximately 5.7 million USD, to multiple addresses in batches.
Avalanche will activate the Durango upgrade on the mainnet in the early morning of March 7
Patrick O'Grady, the engineering director of Ava Labs, recently stated on X platform that the Avalanche interoperable era will begin at 0:00 on March 7th Beijing time. The proposed production code for the Durango upgrade ([email protected]) has been released. If there is enough staking support for Durango, it will be activated on the mainnet at 0:00 on March 7th Beijing time. In addition, Avalanche Korea officially announced today that the activation time for the Durango upgrade is expected to be 0:00 on March 7th Beijing time. It is reported that the Durango upgrade will introduce Avalanche Warp Messaging into the C chain, enabling local cross-chain communication for each EVM chain in the Avalanche ecosystem, and establishing standards for future virtual machine (VM) use of AWM.
SI Tickets announces partnership with Ava Lab to move Sports Illustrated NFT ticketing platform to Avalanche
SI Tickets, the ticketing department of the American sports magazine "Sports Illustrated," announced that its NFT ticketing platform named "Box Office" has been migrated from the Polygon blockchain to Avalanche. Last May, the NFT ticketing platform was launched on Polygon, providing its users with fast entry passes, drink vouchers, and music downloads. This collaboration will allow the NFT ticketing platform to use the Avalanche blockchain to mint NFT tickets. At the same time, Avalanche will also assist the platform in converting event tickets into dynamic content for guest interaction.
Navigating the Avalanche: An Introduction to the Avalanche Network
Layer-1 blockchains are the beating heart of the digital asset ecosystem, serving as the foundational infrastructure for the creation and execution of smart contracts. These platforms enable a wide spectrum of applications, ranging from financial services to social media. This landscape has seen a considerable evolution, fostering a diverse ecosystem of layer-1 networks—each presenting distinct advantages while navigating the complex trade-offs between scalability, security and decentralization.
Citibank conducts proof-of-concept tokenization trial for private equity funds on Avalanche subnet Spruce
Citibank collaborated with traditional financial giants WisdomTree and Wellington Management to conduct a tokenization concept verification test of private equity funds on the Avalanche subnetwork Spruce. They tested various use cases, including end-to-end token transfers, secondary transfers for trading, and new features verification through collateralized loans.
The scale of token unlocking in February may approach US$900 million, with Avalanche, Aptos and The Sandbox leading the way
According to Token Unlock data, the token unlock scale in February is expected to reach nearly $900 million. This includes:
Avalanche to launch Durango upgrade on Fuji Testnet on February 13
Avalanche announced on social media that the pre-release code for Durango has been released. This is a proposed upgrade for the Avalanche network, which will be activated on the Fuji Testnet at 11:00 am Eastern Time on February 13th, 2024.
