Avalanche Powers Littio’s New USD Savings Accounts in Latin America

October 10, 2024 Bitcoin.com

Avalanche

Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and currency devaluation. Neobank Littio Uses Avalanche to Boost Financial Services in Latin America Littio, known for its mobile banking services, is using Opentrade’s […]

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HashKey adds AVA and LINK trading for Hong Kong retail investors

August 28, 2024 Coin Telegraph

Avalanche (AVAX)

Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from.

Retail cryptocurrency investors in Hong Kong have expanded investment options with the approval of the listing of the Avalanche and Chainlink coins on Hashkey, one of only two fully licensed exchanges in the jurisdiction. Until now, retail offerings in Hong Kong were limited to Bitcoin and Ether.

Professional investors — individuals with a portfolio worth at least 8 million Hong Kong dollars (slightly more than $1 million) or representatives of financial institutions — have a much wider selection of cryptocurrencies to choose from.

Avalanche (AVAX) and Chainlink (LINK) are available to retail on Hashkey for trading against the US dollar. HashKey CEO Livio Weng told the South China Morning Post that those coins were chosen for listing because there are no legal conflicts surrounding them, unlike many cryptocurrencies with larger market caps.

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California DMV Revolutionizes Vehicle Title Transfers With Avalanche Blockchain Integration

August 1, 2024 Bitcoin.com

AVA Labs

The California Department of Motor Vehicles (DMV) has successfully integrated 42 million car titles onto the Avalanche blockchain network, which uses the cryptocurrency AVAX as its native token. This innovative system, developed by Oxhead Alpha, enables users to transfer vehicle titles within minutes, significantly reducing the traditional two-week processing time. This initiative is part of […]

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An Avalanche Reawakening

July 30, 2024 Bitcoin.com

AVA Labs

This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Dexter of Blocmates explains Avalanche’s exciting forthcoming update, Avalanche Community Proposal 77. To do so, Dexter gives an overview of Avalanche’s unique architecture. […]

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Buterin, Yakovenko and Gün Sirer: Crypto Creators Take on the Meme Coin Phenomenon

April 1, 2024 Bitcoin.com

Altcoins

The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them. Bitcoin.com News examines the views of […]

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Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program

March 23, 2024 Bitcoin.com

Avalanche Doubles Down on Meme Coins: Announces Million Liquidity Mining Incentives Program

Avalanche (AVAX)

The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment. The program will allocate $1 million to participants that provide liquidity for these tokens on Trader Joe and Steakhut, two AVAX decentralized platforms, and expand to include other platforms. Avalanche […]

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Community-Driven Ecosystem Accelerators ‘A Vital Component of Crypto Funding Mechanisms’ – Elie Le Rest

February 29, 2024 Bitcoin.com

Avalanche (AVAX)

Large institutions will fully embrace decentralized finance (defi) only when they are confident that their trade counterparties will comply with sanctions and other international laws, argues Elie Le Rest, CEO of Colony Lab. However, Le Rest, also an angel investor, said trade counterparties can still demonstrate their willingness to adhere to rules by implementing gated […]

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Institutional Investors Make Moves As Crypto Markets See Largest Outflows of Capital Since Last Year: CoinShares

February 20, 2023 The Daily Hodl

Aave (AAVE)

Digital assets manager CoinShares says large institutional investment digital asset products saw the biggest outflows of the year last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional digital asset investment products suffered huge outflows in the middle of last week but that the mood had improved by the end of the […]

The post Institutional Investors Make Moves As Crypto Markets See Largest Outflows of Capital Since Last Year: CoinShares appeared first on The Daily Hodl.

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Ava Labs Partners With Amazon Web Services to Accelerate Blockchain Adoption, AVAX Jumps 16%

January 11, 2023 Bitcoin.com

Adoption

Ava Labs, the team behind the layer one (L1) smart contract platform network Avalanche, has partnered with Amazon Web Services (AWS), according to an announcement made on Jan. 11, 2023. Founder and CEO of Ava Labs, Emin Gün Sirer, said the collaboration was a “big deal” and, in comparison with other blockchain announcements that involved […]

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‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ

December 30, 2022 Bitcoin.com

Altcoin performances

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum killers’ have surpassed the leading […]

Avalanche (AVAX)

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