Avalanche News

Japan’s SMBC Plans Stablecoin for Swift Alternative with Avalanche

Japan's Sumitomo Mitsui Financial Group plans to issue a stablecoin in collaboration with Ava Labs and Fireblocks, aiming for a live launch in 2026.The...

VanEck Registers Avalanche ETF in Delaware Amid Crypto Market Downturn

VanEck has registered an Avalanche ETF in Delaware, expanding its crypto ETF portfolio beyond Bitcoin, Ethereum, and Solana.The registration comes despite AVAX token hitting...

Avalanche Transaction Fees Drop 75% Following Network Upgrade, Activity Surges 38%

Transaction costs on Avalanche network decreased by 75% following the December 16 Avalanche9000 upgrade. Daily transaction volume increased by 38% to 354,691 transactions...

NBA Stars’ Backed Crypto Basketball Game Ditches Avalanche for Ronin Blockchain

Mobile basketball application Rumble Kong League announces migration from Avalanche to Ethereum sidechain Ronin. Project cites Ronin's 17.2 million wallet downloads and 18.9 million RON...

Gunzilla Games Teams With Delphi Ventures to Launch GUNZ Token on Avalanche

Gunzilla Games partners with Delphi Ventures to establish GUNZ Foundation for token and mainnet launch on Avalanche. Off the Grid game currently operates on GUNZ...

Avalanche Gaming Studio Neon Machine Names Xbox Veteran Rosman as CEO

Neon Machine has appointed Ken Rosman, former Microsoft Xbox veteran, as CEO ahead of Shrapnel's 2025 launch. Former CEO Mark Long moves to advisory role...

Avalanche Raises $250M From VCs Ahead of Major Network Upgrade in 2025

Avalanche Foundation secured $250 million through a locked AVAX token sale for Avalanche9,000 upgrade. Over 40 venture capital firms participated, with Galaxy Digital, Dragonfly, and...

Avalanche Raises $250M in Token Sale as Big-Money Crypto Deals Return

Avalanche Foundation raises $250 million in private token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. The foundation currently holds approximately $3 billion worth...

Latest news

OpenAI publishes 722 math papers; only 162 are Lean-verified

OpenAI published 722 math manuscripts on GitHub on Tuesday, all produced by an internal model the company has not...

Musk claims Indian oligarchs block Starlink launch in India

Elon Musk accused unnamed Indian oligarchs of blocking Starlink's launch to protect a "monopolistic chokehold" on connectivity.Starlink received a...

SecondFi offers $7.60 per NFT in $21M hack recovery

SecondFi launched a recovery portal for victims of its $21 million Cardano wallet hack, but will only pay roughly...