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Tag Archives: Avalanche

Here’s How Much of Multi-Millionaire Kevin O’Leary’s Portfolio is in Crypto

Kevin O’Leary said he has allocated millions of dollars in crypto. The former critic of Bitcoin now said investing in it is like investing in giant corporations such as Google and Microsoft. 20% of His Portfolio in Crypto Back in 2019, the Canadian businessman and television personality was among the biggest critics of the crypto industry. At the time, he described bitcoin as “worthless,” “useless currency,” and even “garbage because you can’t get in and out of it in large...

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Avalanche Launches $290 Million Incentive Program to Accelerate Growth of Subnets

The Avalanche Foundation recently announced “Multiverse” – an up to $290 million (about 4 million AVAX) incentive program to help develop subnets on its network. According to a Medium blog post, the initiative will begin by supporting subnets dedicated to blockchain gaming, DeFi, NFTs, and institutional use-cases. One of the projects will focus on making a horizontally integrated blockchain built for institutional DeFi, with embedded KYC functionality. Ava Labs, Aave...

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Alameda-Backed Router Protocol Announces Avalanche Integration

Ramani Ramachandran, co-founder and chief executive of Router Protocol, believes that the integration will help advance the mission of achieving a multi-blockchain future. Router Protocol – Avalanche Singapore-headquartered Router Protocol has integrated Avalanche network’s C-Chain to its cross-chain messaging protocol. According to the official press release shared with CryptoPotato, the development will enable users to leverage the Avalanche network by conducting...

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Shiba Inu and the Rest: Top 8 Influential Altcoins in 2021

Another year has passed, and so many things have happened in the cryptocurrency industry that it’s hard to grasp it all took place within 12 months. With this article, we will take a look at some of the most influential altcoins throughout 2021. This doesn’t aim to summarize solely price performance, although it’s been considered, but the overall impact on the market, as well as potential future implications. It’s also worth noting that it’s questionable if the market would...

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Bitcoin was Big in 2021, but Will It Be Outdone Next Year?

2021 was the year of bitcoin. There’s no doubt about that, but now that 2022 is coming into the mix, many analysts think this is the time for other assets and blockchain systems to step up and take over. Bitcoin Was Big, but It May Have Reached Its Peak Bitcoin was big over these last 12 months. Between the new bitcoin-based exchange-traded fund (ETF) from Pro Shares and the all-time highs it managed to reach, bitcoin exploded beyond what anyone thought was imaginable....

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VanEck Adds Polygon and Avalanche to its ETN Offerings

The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed the news in a recent post on Twitter. As a result, investors will be able to gain exposure to Polygon...

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Tether’s Blockchain Expansion Continues as USDT Goes Live on Avalanche

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegged cryptocurrency on the eco-friendly network. USDT Now Available on Avalanche With USDT launching on Avalanche, users can now transfer the largest stablecoin by market capitalization at a relatively lower cost, and the transactions will be settled instantly, as Tether’s CTO, Paolo Ardoino, explained: “We’re excited...

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BENQI Rolls Out $4M Second Phase of Avalanche Rush Program

BENQI, an algorithmic liquidity market protocol on the Avalanche blockchain network, has announced Monday the launch of a $4 million second phase of its ongoing Avalanche Rush incentive program.  According to a press release shared with CryptoPotato, the second phase of the initiative will last for 45 days. $180M Incentive Program on Avalanche The Avalanche Rush is a $180 million liquidity mining incentive program that seeks to onboard some of the best DeFi protocols to the...

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3 Reasons Why Avalanche (AVAX) is Up by 800% in Two Months

A lot can change in the cryptocurrency markets in two months. Avalanche and its native cryptocurrency – AVAX – are prime examples. The token traded around $9 during the market-wide crash on July 20th but surged by triple-digits in this timeframe to reach a new all-time high at nearly $80 earlier today. This came after numerous consecutive records last week, before the market-wide crash. Registering such massive price increases in a relatively short time has caught the...

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