New data from crypto security firm ImmuneFi reveals that hackers and fraudsters stole tens of millions of dollars with the blockchain of Binance being their top target. In a new thread on the social media platform X, ImmuneFi says that the crypto markets have seen an overall decrease in fraudulent activity compared to a year […]
The post Crypto Hackers and Rug Pullers Steal $71,021,500 in November With BNB Chain Emerging As the Top Target appeared first on The Daily Hodl.
Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.57 level from resistance to new support that could send it rallying to a […]
The post Trader Says Avalanche (AVAX) Setting Up for Massive Rally, Updates Outlook on Dogecoin (DOGE) appeared first on The Daily Hodl.
Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain […]
Asset management titan BlackRock is announcing the expansion of its proprietary BUIDL, the company’s on-chain money market fund, across five new blockchains. According to an announcement by real-world asset tokenizing firm Securitize, BlackRock’s brokerage partner, BUIDL will be expanding to layer-1 blockchains Aptos (APT) and Avalanche (AVAX) as well as layer-2 scaling solutions Arbitrum (ARB), […]
The post BlackRock Announces BUIDL Expansion Across Aptos, Arbitrum, Avalanche, Optimism and Polygon appeared first on The Daily Hodl.
Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]
The post Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base appeared first on The Daily Hodl.
It's the second bet on Web3 gaming by VanEck's liquid token strategy fund.
VanEck’s private crypto fund has invested in gaming startup Gunzilla Games, marking the asset manager’s second bet on Web3-enabled gaming, VanEck said on Oct. 31.
Gunzilla is the creator of Off The Grid, a “dystopian cyberpunk shooter” where players earn Gunzilla’s native GUN token, VanEck’s Matt Maximo said in a post on the X platform.
“We see crypto as a tool to enhance gaming experiences and improve monetization strategies,” Maximo said.
The foundation behind Avalanche (AVAX) is partnering with payments giant Visa for a new crypto spending card product. In a new announcement, The Avalanche Foundation introduces the Avalanche Card, a new card that allows users to pay with crypto at Visa-accepting locations. “Introducing the Avalanche Card! Spend your WAVAX, USDC, sAVAX, and more wherever Visa […]
The post Avalanche Foundation Reveals Launch of New Visa Spending Card Linked to Self-Custody Wallet appeared first on The Daily Hodl.
Avalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted. The card will initially be available to Latin American and Caribbean residents, excluding specific regions and countries. Avalanche Introduces New Crypto Visa Card for Latin America and the Caribbean The Avalanche […]
The key organization backing the Avalanche (AVAX) blockchain ecosystem is announcing plans to repurchase crypto assets sold to the nonprofit behind the Terra (LUNA) protocol in the first half of 2022. The Avalanche Foundation says it has negotiated an agreement to get back all AVAX tokens sold to the Luna Foundation Guard (LFG) in April […]
The post Avalanche Foundation Seeking To Buy Back $56,795,000 in AVAX Sold to Luna Foundation Guard Before 2022 Collapse appeared first on The Daily Hodl.
In 2022, the Avalanche Foundation sold 1.97 million AVAX worth $100 million at the time to Terra’s foundation before its collapse. It’s now buying it all back for $45.5 million.
The Avalanche Foundation is set to repurchase 1.97 million Avalanche tokens it sold to the Luna Foundation Guard (LFG) in April 2022 a month before it’s Terra blockchain ecosystem collapsed.
The Avalanche Foundation to purchase the 1.97 million AVAX tokens for $45.5 million — which are worth $57.4 million in the market — from Terraform Labs’ bankruptcy estate.
An Oct. 9 repurchase agreement and settlement filed in a Delaware Bankrupcy Court is now pending court approval, the Avalanche Foundation said in an Oct. 11 X post.
