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Tag Archives: Avalanche

Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems

USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed.  Circle has launched a euro-based stablecoin on the Avalanche blockchain to deliver prompt and efficient payments and financial services. The Euro Coin (EUROC) launch is the first of a series of anticipated multi-chain launches to aid developers and users. According to Circle’s team, Euro Coin availability on Avalanche increases liquidity and provides...

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Alibaba Cloud Builds Launchpad to Deploy Metaverse on Avalanche

Alibaba Cloud – a subset of Chinese e-commerce behemoth Alibaba – along with Avalanche has built a launchpad for businesses to deploy metaverses on the layer 1 blockchain. Dubbed “Cloudverse,” the platform is designed to serve as a one-stop, end-to-end solution for businesses to easily customize, launch, and maintain their own metaverse space, thereby creating new dimensions for engaging customers. Alibaba Cloud’s Metaverse Launchpad According to the official blog post, all...

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Avalanche Transactions Mooned During USDC’s Temporary De-Peg in Q1 2023: Nansen

In Avalanche’s fourth-quarter report shared with CryptoPotato, data and analytics platform Nansen reported a heavily volatile daily transaction count on the Avalanche C-Chain. The Avalanche C-Chain is essentially short for contract chain – which is the default smart contract blockchain on Avalanche. It allows the creation of any Ethereum-compatible smart contracts and runs complementary to the X-Chain, which is used to send and receive funds in the form of AVAX tokens....

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Avalanche: Zunehmende Adoption

Avalanche-Subnets nach täglich aktiven Adressen Ava Labs hat die Evergreen Subnets eingeführt, eine neue Funktion des Avalanche-Netzwerks, um dessen Einführung durch Finanzinstitute zu beschleunigen. Dieses Tool ermöglicht die Erstellung von genehmigten Netzwerken, die die spezifischen Anforderungen von Institutionen erfüllen und dennoch von der Sicherheit einer öffentlichen Blockchain profitieren. Institutionen können ihre privaten Netzwerke mit...

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Financial Institutions Join Avalanche Evergreen Subnet Spruce

The Avalanche Evergreen Subnet will expand to onboard more third-party applications, assets, and processes. After Avalanche Blockchain launched Evergreen Subnet earlier in the month, financial institutions like T.Rowe Price have joined the ‘Spruce’ test net to participate in DeFi use cases. Wisdom Tree, Cumberland, and Wellington have also joined the Avalanche Layer 1 Evergreen subnet, Spruce. In addition to participating in DeFi use cases, the institutions will test FX and interest rate...

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DMCC Enters Partnership with Enya Labs and Boba Network to Strengthen Its Global Crypto Network

UAE’s largest free-trade zone DMCC recently struck a partnership with Enya Labs to enhance its DMCC Crypto Center further.  Leading decentralized infrastructure solutions developer Enya Labs has entered a partnership with Dubai Multi Commodities Center (DMCC). The collaboration between the Boba Network core contributor and DMCC seeks to further consolidate the latter’s crypto center ecosystem. By significantly supporting Boba-leveraged Web3 and blockchain business growth in Dubai, the Enya...

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CFTC’s New Tech Advisory Group Includes Execs From Circle, Paradigm

The Commodity Futures Trading Commission (CFTC) announced the addition of key industry members to the newly constituted Technology Advisory Committee (TAC). The official press release stated that the agency has appointed White House official Carole House as the new chair, while blockchain analysis company TRM Labs’ Ari Redboard has been onboarded as the vice chair of its Technology Advisory Committee. Committee Members The Technology Advisory Committee will be joined by...

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Bitpanda und TU Wien rufen Beta-Version von Pantos ins Leben

Schon seit einigen Jahren arbeitet das Team von Bitpanda an einem Multichain-Token-System Pantos. Nachdem es durch den Kryptowinter zu mehreren Verzögerungen der Entwicklungsschritte gekommen ist, soll die Beta-Version für Nutzer und Entwickler nun endlich freigeschaltet werden. Ein langer Weg von 2018 bis heute 2018 war das Startjahr für das Blockchain-Forschungsprojekt Pantos, das den Einsatz bestehender und zukünftiger Token auf verschiedenen...

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