Avalanche

Circle releases programmable Web3 wallets in public beta

Stablecoin issuer Circle has launched the beta version of its programmable Web3 wallets on the Ethereum, Polygon, and Avalanche blockchains.

Stablecoin issuer Circle launches Euro Coin on Avalanche

USDC issuer Circle launched its Euro-backed stablecoin, Euro Coin, on the Avalanche blockchain.

Aave sets stablecoins’ LTV to zero on Avalanche V3

Aave has set the LTV of certain stablecoins on Avalanche V3 to zero to reduce the volatility risks caused by USDC’s price drop.

BlockFi holds uninsured funds worth $227M in Silicon Valley Bank

A recent court filing revealed that BlockFi holds $227M worth of non-FDIC insured funds in an MMMF with Silicon Valley Bank

ERC-4337 goes live on Ethereum mainnet

Developers have launched the ERC-4337 standard on the Ethereum mainnet to implement account abstraction.

Aave Integrates Proof of Reserve By Chainlink On Avalanche

Aave has integrated Proof of Reserves by Chainlink on Avalanche. This will enable on-chain verification and transparency of lending markets. It will also ensure bridged assets are adequately collateralized.

Aave Deploys Version 3 On Ethereum Network

Aave has deployed its V3 on the Ethereum Network after a successful unanimous vote by its governance. The upgrade incorporated a flexible architecture that helps mitigate user risk and improve capital efficiency.

Midas Investments Shuts Down Following Significant Losses

Midas Investments announced its plans to shut down its platform after incurring significant losses that have led to a large asset deficit for the firm.

Aave DAO Approves Proposal To Implement Chainlink’s Proof-Of-Reserves On Avalanche

The Aave DAO has voted in favor of using Chainlink’s Proof-Of-Reserves to secure bridged assets on Avalanche.

YouHodler Aims To Bridge Crypto And Traditional Finance With Its Web3 Banking Services

YouHodler announced its plans to integrate fiat and crypto services into its app to bridge the gap between the two markets.

Ankr Adds Liquid Staking Services For Coinbase Wallet Users

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.

GMX Allegedly Hit By A Price Manipulation Exploit

Decentralized exchange GMX reportedly suffered from a price manipulation exploit targeting the AVAX/USD pair, with the platform's estimated losses exceeding $500K.

Avalanche Targeted By A Flash Loan Attack

The Avalanche Blockchain was hit by a flash loan attack that allowed the hacker to manipulate the token prices and escape with $370K worth of USDC.

Latest News

Aave Integrates Proof of Reserve By Chainlink On Avalanche

Aave has integrated Proof of Reserves by Chainlink on Avalanche. This will enable on-chain verification and transparency of lending markets. It will also ensure bridged assets are adequately collateralized.

Aave Deploys Version 3 On Ethereum Network

Aave has deployed its V3 on the Ethereum Network after a successful unanimous vote by its governance. The upgrade incorporated a flexible architecture that helps mitigate user risk and improve capital efficiency.

Midas Investments Shuts Down Following Significant Losses

Midas Investments announced its plans to shut down its platform after incurring significant losses that have led to a large asset deficit for the firm.

Aave DAO Approves Proposal To Implement Chainlink’s Proof-Of-Reserves On Avalanche

The Aave DAO has voted in favor of using Chainlink’s Proof-Of-Reserves to secure bridged assets on Avalanche.

YouHodler Aims To Bridge Crypto And Traditional Finance With Its Web3 Banking Services

YouHodler announced its plans to integrate fiat and crypto services into its app to bridge the gap between the two markets.

Ankr Adds Liquid Staking Services For Coinbase Wallet Users

Ankr has integrated liquid staking facilities for users of Coinbase Wallet.

GMX Allegedly Hit By A Price Manipulation Exploit

Decentralized exchange GMX reportedly suffered from a price manipulation exploit targeting the AVAX/USD pair, with the platform's estimated losses exceeding $500K.

Avalanche Targeted By A Flash Loan Attack

The Avalanche Blockchain was hit by a flash loan attack that allowed the hacker to manipulate the token prices and escape with $370K worth of USDC.