
Avalanche News
$21.79
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Latest Avalanche News

News
Read more - Avalanche MOM volume up 167% as L1 networks record growth
Avalanche (AVAX), an Ethereum Virtual Machine (EVM)-based layer 1 solution, experienced a significant surge in trading activity, spiking to about $2.73 billion.

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Read more - Ava Labs axes 12% of staff to redirect efforts towards expansion
Ava Labs, the team developing the Avalanche blockchain, has announced a 12% reduction in its workforce, attributing the decision to strategically reallocating its resources. The firm’s CEO and founder, Emin Gün Sirer, confirmed the layoffs on Nov. 7, following announcements…

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Read more - Platypus regains 90% of funds from exploit, will not pursue legal action
Platypus Finance, a decentralized finance protocol on the Avalanche blockchain, has recovered 90% of its assets following a recent security breach involving flash loan attacks.

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Read more - Stars Arena reclaims 90% of stolen assets after issuing $257K bounty
Decentralized social media app Stars Arena has recovered nearly all crypto stolen in an Oct. 7 exploit, aside from a 10% bounty given to the attacker. On Oct. 11, Stars Arena announced via X that about 90% of the exploited…

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Read more - Platypus Finance suffers its third hack in 2023, losses $2m
The Platypus team said on social media it had taken the ‘proactive measure’ to suspend all pools temporarily. Decentralized finance (defi) protocol Platypus Finance suffered yet another hack this year, as around $2 million was stolen from the project. According…

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Read more - Trader Joe’s supermarket files lawsuit against namesake crypto exchange
Trader Joe's supermarket has initiated legal action against a similarly named decentralized cryptocurrency exchange, alleging trademark infringement and brand dilution.

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Read more - Stars Arena secures funding to plug hole following exploit
Avalanche-based decentralized social media protocol Stars Arena received funding to cover up a loss from an earlier hack that caused the project to lose nearly $3 million.

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Read more - Avalanche-based Stars Arena quells ‘coordinated FUD’ after patching exploit
The Stars Arena team has patched an exploit on their Avalanche-based social media platform, dismissing it as "coordinated FUD"

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Read more - Friend.tech competitor Stars Arena driving on-chain boom on Avalanche
Stars Arena, a decentralized social media application, is catalyzing transaction activity on Avalanche's C-Chain network

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Read more - Flare partners with Avascan Block to launch Flarescan explorer
Flare has partnered with Avascan Block Explorer to launch Flarescan, a blockchain explorer for the Flare ecosystem

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Read more - OKX delists over 30 crypto pairs due to non-compliance
Crypto exchange OKX announced delisting of over 30 trading pairs that failed to meet its listing criteria. OKX has revealed plans to delist various trading pairs that no longer meet its listing standards. The move is part of OKX’s ongoing…

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Read more - Movement Labs raises $3.4 million in pre-seed fund to launch SDK
Movement Labs has raised $3.4 million to launch a software development kit (SDK) to advance web3 interoperability

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Read more - Alphapo hacked, over $23 million in Bitcoin, Tron, and Ethereum stolen
Alphapo, a payment processor, reportedly fell victim to hackers, resulting in a loss of more than $23 million in various coins and tokens

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Read more - Polygon ID becomes available on Ethereum after partnership with Rarimo
Interoperability protocol Rarimo has partnered with Polygon ID, enabling the use of its verifiable credential infrastructure across multiple blockchains. Rarimo, a tool that helps different blockchains talk to each other, has joined forces with Polygon ID, a system for checking…

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Read more - PolyNetwork allegedly hacked, massive transactions detected
PolyNetwork has allegedly been hacked again, according to PeckShield Inc., an on-chain data analytics and security company. The hackers appear to have made several transactions in huge assets on several chains. PolyNetwork assets have reportedly been hacked, and the perpetrators…

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Read more - Avalanche partners with Pixion Games, facilitating $5.5m seed round for web3 gaming studio
Avalanche-Backed web3 gaming studio Pixion Games has successfully concluded its seed funding round, raising $5.5 million.Â